Exceptional investment opportunity! This well-maintained 5-family property offers 7 bedrooms+ and 5 bathrooms across multiple units, providing a strong foundation for steady rental income or multi-generational living. Located in a prime area, the property is close to shops, restaurants, transit & local amenities—highly attractive to prospective tenants. Each unit benefits from dedicated off-street parking. Utilities are fully separated, placing operating costs directly with tenants and maximizing net returns. The basement features a co-operated laundry setup for tenants, creating additional convenience and income potential. This property is low maintenance and turnkey. Brand new back stairs/deck. Many upgrades in varying units. Great tenants. Whether you’re expanding your portfolio or seeking a reliable income-producing asset, this property delivers consistent demand and exceptional investment performance.** Group showings ONLY by appointment—reach out to LIST agent for more info*
Sold for $1,475,000
$1,475,000
4 Butler Ave, Danvers, MA 01923
7beds
4,222sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$349/sqft
$3,640 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,640/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$3,640/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$3,640/mo
Rent Zestimate®
Refinance and save
$9,123/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$9,123/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 02, 2026 at 09:38am
Listed by:
Jennifer Crowe 978-505-1158,
Atlantic Coast Homes,Inc 978-777-4444
Bought with:
Vincent Scifo, Jr.
Lamacchia Realty, Inc.
Source: MLS PIN,MLS#: 73459936
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Washer, Dryer, Range, Refrigerator
Features
- Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
- Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
- Windows: Screens
- Basement: Full,Bulkhead,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 4,222
- Total interior livable area: 4,222 sqft
- Finished area above ground: 4,222
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Leased
- Uncovered spaces: 7
Features
- Patio & porch: Porch
- Exterior features: Garden
Lot
- Size: 8,999 sqft
Details
- Parcel number: M:043 L:151 P:,1877810
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
Location
- Region: Danvers
HOA & financial
Other financial information
- Total actual rent: 11100
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Sold | $1,475,000-1.7%$349/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 1/7/2026 | Contingent | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 1/5/2026 | Listed for sale | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 12/19/2025 | Contingent | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 12/4/2025 | Listed for sale | $1,499,999+36.4%$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01923
Nearby schools
GreatSchools rating
- 4/10Great Oak Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Holten Richmond Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Danvers High SchoolGrades: 9-12Distance: 1 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Massachusetts
- Essex County
- Danvers
- 01923
- 4 Butler Ave