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$779,900

40 Cherry St Danvers, MA 01923

5 beds
3 full
2,076 sqft
0.3 acres
$376 / sqft
Multi-Family

Property details

About 40 Cherry St

Close to Downtown This 2 Family is Currently being used as a 1 family. Features 2 Units, The Left side has Living room with decorative fireplace ( non functioning), Dining/Family Room, Large eat-in Kitchen, Office, Private enclosed porch and 3/4 bath all on first floor. Upstairs has 3 bedrooms and a Full Bath. The Right Unit has Large Entry Foyer open to Living Room, Large Eat in Kitchen and private covered porch., upstairs has 2 large bedrooms and a full bath. Full basement has 2 separate oil Forced hot air oil furnaces and separate gas hot water heaters, separate Gas Meters and separate 100 amp c.b. electric meters., All sitting on a sprawling level lot. Short walk to Library or many downtown restaurants and shopping. Note: 1st showings at Open House Sunday August 3rd, 2025 from 12 - 2 pm. Any offers submit to listing broker on or before 6 pm Tuesday August 5th 2025.

Highlights

Home typeMulti Family
HeatingForced Air, Oil
StatusActive
(New)
Size2,076 sqft
BasementYes
Lot size0.33 Acres
Year built1867
ParkingOff Street
MLS #73412478
WaterfrontRiver

Summary

  • Full Bathrooms: 3
  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Bathroom with Shower Stall, Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen, Family Room
  • Total Bedroom Count: 5
  • Parking: Off Street
  • Waterfront: River
  • Heating: Forced Air, Oil
  • List Price: $779,900
  • Price/SqFt: $375
  • Annual Tax Amount: $7,268
  • Tax Year: 2024
  • Lot: Level
  • Directions: GPS to 40 Cherry St., Danvers MA 01923
  • Year Built: 1867
  • Stories: 4
  • Living Area: 2,076 SqFt
  • Lot Size: 0.33 Acres
  • MLS Number: 73412478
  • MLS Name: MLS Property Information Network
  • Office Name: The Thomson Companies
  • Office Phone: (978) 807-2800
  • Listing Agent: John Thomson

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: 8/3/2025, 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

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$654,200$7,268
2023$614,100$7,216
2022$541,100$6,850
2021$524,900$7,007
2020$538,000$7,026
2019$435,200$5,779

History based on county public records data.

Nearby schools

6

Great Oak Elementary School

Public District KG-5

0.6 mi

76 Pickering St

5

Riverside Elementary School

Public District KG-5

0.9 mi

95 Liberty St

4

Highlands Elementary School

Public District KG-5

1.0 mi

190 Hobart 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 $84,346. Residents of Danvers, MA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

19%
<35k
46%
35k-100k
31%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
11%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • QdobaQdoba
  • ChipotleChipotle

What do the neighbors drive?

  • KiaKia
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40 Cherry St

The listing price of 40 Cherry St property is $779,900.

The property 40 Cherry St is a multi located in Danvers, Massachusetts, 01923.

Active Listing: 40 Cherry St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40 Cherry St are: Great Oak Elementary School (GreatSchools Rating 6/10), Riverside Elementary School (GreatSchools Rating 5/10), Highlands Elementary School (GreatSchools Rating 4/10), Holten Richmond Middle School (GreatSchools Rating 5/10), J. Henry Higgins Middle School (GreatSchools Rating 5/10), Beverly Middle School (GreatSchools Rating 4/10), Danvers High School (GreatSchools Rating 5/10), Peabody Veterans Memorial High School (GreatSchools Rating 3/10), Essex North Shore Agricultural and Technical School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $7,268 (source: MLS/based on county public records data).

The property 40 Cherry St is 2,076 SqFt (source: MLS/tax record).

The year of construction for 40 Cherry St is 1867.

This home is located at 40 Cherry St in Danvers, MA and zip code 01923. This 2,076 square foot home, which was built in 1867, sits on a 0.33 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 1, 2025 and is currently priced at $779,900.

In July 2025, from all listings sold in Danvers, MA there were more than 20 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price. In July 2025 in Danvers, MA there were 2.4% more homes for sale than in June. The median list price of listings available in July 2025 was $651,500, 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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