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$2,900,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Units
  • 5 Total Beds
  • 0.16 Acres
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Exceptional mixed-use opportunity in Peabody's downtown district! 46-48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer's request, the seller can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.

Full Property Details for 46-48 Walnut St

General

  • Price: $2,900,000
  • Taxes: $15,390 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73442456
  • Updated: 11/17/2025
  • Added to Site: 100 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Location

  • County: Essex

Structural Information

  • Stories/Levels: 5
  • Square Feet: 10,231
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.16

Financial Considerations

  • Tax Amount: $15,390.98
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Excludes Any Fixtures And Equipment Owned By Bakery Tenants.
  • Disclosures/Rstr.: Subject to right of way and easements for light and air as noted in the deed. Floor plan shown in photos depicts only the first-floor unit, not the bakery or the other four residential apartments. Listing agent is related to seller.
  • Property ID: M:0085 B:0028

Listed by eXp Realty, Helena Araujo

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Listing agent

— 46-48 Walnut St —

  • Helena Araujo

    eXp Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 46-48 Walnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$2,900,000
-22.67%
MLS
10/10/2025
Listed
$3,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 46-48 Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$809,200
11%
2024
100%
$727,500
23%
2023
100%
$591,300
17%
2022
100%
$507,400
—
2022
100%
$509,300
2%
2020
100%
$497,100
3%
2019
100%
$484,500
5%
2018
100%
$462,900
—
2017
100%
$462,900
6%
2016
100%
$437,200
8%
2015
100%
$405,800
-1%
2014
—
$411,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by eXp Realty, Helena Araujo

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46-48 Walnut St, Peabody, MA 01960 (MLS# 73442456) is a Multi-Family property with 5 units containing 5 bedrooms and 5 full bathrooms. 46-48 Walnut St is currently listed for $2,900,000 and was received on October 10, 2025. Want to learn more about 46-48 Walnut St? Do you have questions about finding other Multi-Family real estate for sale in Peabody? You can browse all Peabody real estate or contact a Coldwell Banker agent to request more information.

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