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39 Needham RdDanvers, MA 01923

For Sale

$1,200,000

Smart Buyer Rebate $6,000

Exceptional owner-occupant or investment opportunity overlooking the Crane River. This four-family property offers a rare combination of rental income, owner-occupant flexibility, and scenic water views. Currently, three of the four residential units are vacant and ready for immediate occupancy, providing an ideal setup for an owner-occupant seeking rental income or an investor looking to lease at current market rates.The property features two separate garage bays and a desirable setting overlooking the Crane River. Conveniently located near downtown Danvers, shopping, restaurants, schools, and major commuter routes including Routes 1, 95, and 128.With multi-family inventory remaining limited in Danvers, opportunities like this are increasingly difficult to find. Whether you're looking to live in one unit while collecting rental income from the others or add a well-located asset to your investment portfolio, 39 Needham Road presents exceptional value and long-term potential.

Listed by Nicholas Zolotas

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Herrick Lutts Realty Partners

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978-968-0308

Listed by Herrick Lutts Realty Partners

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Herrick Lutts Realty Partners

Last updated July 11, 2026

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Source: MLSPin #73540673

Listing Facts

  • TypeMulti-family
  • NeighborhoodDanvers
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu38
  • Taxes$9,546/year
  • Size3,704 sqft
  • Price per sqft$324

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/24/2026
Listed by Herrick Lutts Realty Partners
$1,200,000

Property Details for 39 Needham Rd

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House Of Worship, Marina, Public School

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1920
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public
  • Waterfront Features: Waterfront, River
  • Waterfront: Yes

Measurements

  • Building Area Total: 3,704
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.37
  • Lot Size Area: 0
  • Lot Size Square Feet: 16,274
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $30,000.00

Taxes

  • Parcel Number: M:064 L:019 P:,1881915
  • Tax Annual Amount: $9,546.00
  • Tax Assessed Value: $868,600.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Carpet, Hardwood

Measurements

  • Living Area: 3,704
  • Living Area Source: Public Record

Rooms

  • Basement: Unfinished
  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6
  • Rooms Total: 14

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 6

Utilities

Equipment

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 5 bathrooms in this multi-family home at 39 Needham Rd.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 39 Needham Rd.

What are the annual taxes for 39 Needham Rd?

Annual taxes for this multi-family home are estimated at $9,546.

How does 39 Needham Rd compare to other multi-family homes in Danvers?

This multi-family home is listed 1% below the average price for multi-family homes in Danvers and has been on the market for 8 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,704 sqft.

39 Needham Rd is a 6-bedroom, 5-bath multi-family home for sale in Danvers MA 01923. Available on Prevu for 38 days at $1,200,000. This residence features 3,704 square feet of living space, located in Danvers. The median listing price for multi-family homes in this area is $769,498. Property amenities include parking. Browse more multi-family home listings in Essex County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.