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$499,000

38 Pierpont St Peabody, MA 01960

7 beds
3 full
2,862 sqft
0.07 acres
$174 / sqft
Multi-Family

Property details

About 38 Pierpont St

Investment opportunity: 2-family home with recent fire damage in the heart of Peabody being sold AS IS (will not qualify for traditional financing). Large units were completely renovated 2 years ago prior to fire. Unit 1 has a total of 4 beds and 2 baths, including finished basement with potential for in-law setup. Unit 2 has 3 beds and 1 bath. There's a 1-car attached garage as well as a separate storage room. Centrally located just off Main St with many shops and restaurants, public transportation and supermarket and proximity to Rte 128 and I-95. Do not miss out on this great opportunity and schedule a private showing or come to our group showing Friday 7/11 4:30-5:30pm.

Highlights

Home typeMulti Family
HeatingCentral, Natural Gas
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size2,862 sqft
BasementYes
Lot size0.07 Acres
Year built1900
ParkingPaved Drive
MLS #73401736
Garage1 space

Summary

  • Full Bathrooms: 3
  • Appliances: Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Hardwood
  • Interior: Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Remodeled, Kitchen, Laundry Room, Living RM/Dining RM Combo
  • Total Bedroom Count: 7
  • Garage Space: 1 space
  • Parking: Paved Drive
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • List Price: $499,000
  • Price/SqFt: $174
  • Annual Tax Amount: $5,911
  • Tax Year: 2024
  • Directions: Use GPS
  • Year Built: 1900
  • Stories: 3
  • Living Area: 2,862 SqFt
  • Lot Size: 0.07 Acres
  • MLS Number: 73401736
  • MLS Name: MLS Property Information Network
  • Office Name: Simple Key Realty Inc.
  • Office Phone: (617) 412-9828
  • Listing Agent: Mayra Rebello

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 14, 2022
Home Sold
$510,000
Oct 14, 2022
Home Sold
$500,000
Apr 27, 2022
Home Sold
$460,000
Aug 29, 1994
Home Sold
$110,000

Tax history

YearAssessmentProperty Tax
2024$648,100$5,911
2023$508,600$4,842
2022$473,200$4,779
2021$440,500$4,621
2020$417,900$4,488
2019$394,200$4,340

History based on county public records data.

Nearby schools

4

Witchcraft Heights

Public District KG-5

0.3 mi

1 Frederick St

2

William A. Welch Elementary School

Public District PK-5

0.5 mi

50 Swampscott Ave

4

Thomas Carroll Elementary School

Public District KG-5

0.8 mi

60 Northend St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,857. Typical income of Peabody, MA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

40%
<35k
42%
35k-100k
17%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
18%
Single, with Kids
17%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • College BasketballCollege Basketball
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BurlingtonBurlington
  • DillardsDillards
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Logan's RoadhouseLogan's Roadhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • HyundaiHyundai
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • RockRock
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 38 Pierpont St

The listing price of 38 Pierpont St property is $499,000.

The property 38 Pierpont St is a multi located in Peabody, Massachusetts, 01960.

Accepting Backup Offers: 38 Pierpont St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 38 Pierpont St are: Witchcraft Heights (GreatSchools Rating 4/10), William A. Welch Elementary School (GreatSchools Rating 2/10), Thomas Carroll Elementary School (GreatSchools Rating 4/10), Collins Middle School (GreatSchools Rating 3/10), J. Henry Higgins Middle School (GreatSchools Rating 5/10), Saltonstall School (GreatSchools Rating 3/10), Salem High School (GreatSchools Rating 3/10), New Liberty Innovation School (GreatSchools Rating 1/10), Salem Academy Charter School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $5,911 (source: MLS/based on county public records data).

The last sale was on October 14, 2022 for $510,000 (source: MLS/tax record).

The property 38 Pierpont St is 2,862 SqFt (source: MLS/tax record).

The year of construction for 38 Pierpont St is 1900.

This home is located at 38 Pierpont St in Peabody, MA and zip code 01960. This 2,862 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $499,000.

Over 25 listings were sold over their listed price in June 2025 in Peabody, MA. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Peabody, MA increased by 10.9% between May and June 2025. The median list price of listings available in June 2025 was $660,000, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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