46-48 Walnut St Peabody, MA ^$ 2,900,000

46-48 Walnut St

^$ 2,900,000

Back to search

46-48 Walnut St

Peabody, MA, 01960

^$ 2,900,000

Bedrooms5 Baths5.0 Sq 10,231

Monthly Estimate*

^$ 18,092

46-48 Walnut St, Peabody, MA 01960 - Image 1

46-48 Walnut St, Peabody, MA 01960 - Image 2

46-48 Walnut St, Peabody, MA 01960 - Image 3

46-48 Walnut St, Peabody, MA 01960 - Image 4

46-48 Walnut St, Peabody, MA 01960 - Image 5

46-48 Walnut St, Peabody, MA 01960 - Image 6

46-48 Walnut St, Peabody, MA 01960 - Image 7

46-48 Walnut St, Peabody, MA 01960 - Image 8

46-48 Walnut St, Peabody, MA 01960 - Image 9

46-48 Walnut St, Peabody, MA 01960 - Image 10

46-48 Walnut St, Peabody, MA 01960 - Image 11

46-48 Walnut St, Peabody, MA 01960 - Image 12

46-48 Walnut St, Peabody, MA 01960 - Image 13

46-48 Walnut St, Peabody, MA 01960 - Image 14

46-48 Walnut St, Peabody, MA 01960 - Image 15

46-48 Walnut St, Peabody, MA 01960 - Image 16

46-48 Walnut St, Peabody, MA 01960 - Image 17

46-48 Walnut St, Peabody, MA 01960 - Image 18

46-48 Walnut St, Peabody, MA 01960 - Image 19

46-48 Walnut St, Peabody, MA 01960 - Image 20

46-48 Walnut St, Peabody, MA 01960 - Image 21

46-48 Walnut St, Peabody, MA 01960 - Image 22

46-48 Walnut St, Peabody, MA 01960 - Image 23

46-48 Walnut St, Peabody, MA 01960 - Image 24

46-48 Walnut St, Peabody, MA 01960 - Image 25

Multi-Family Home for sale in Peabody, MA

for $2,900,000 with 5 bedrooms and 5 full baths. This 10,231 square foot home was built in 1930 on a lot size of 0.16.

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.

Multi-Family Active

Price

^$ 2,900,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,390

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.16

Year Built

1930

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73442456

List By

Helena Araujo

Listing Agent

Exp Realty

Broker

Affordability Calculator

$19,375

Per Month

Monthly Principal & Interest: $18,092
Monthly Property Taxes: $1,283
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends

Multi-family listings in Peabody, MA

Average List Price ^$1,899,500

Percent of Sale Price 35%

About Peabody, MA

54,399 Population

13% Since 2002

^$66,405 Median Income

45.92 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

MLS Property Information Network, Inc rules require that you sign in here to see more detail on this property.

Pricing History

Date	Price	Price Change	Description
11/13/2025	$2,900,000	-22.67%	Price Down
10/10/2025	$3,750,000		Listed Price

Map

More homes like this one

homes for you

See all

46-48 Walnut St, Peabody, MA, 01960 is a Multi-Family Home for sale at $2,900,000 with 10,231 sqft and a lot size of 0.16. 46-48 Walnut St has 5 bedrooms, 5.0 baths, and was built in 1930. The property's zip code is 01960 which is in Peabody, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/13/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 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, or as to the accuracy of any of the Images, set forth herein.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

46-48 Walnut St

Multi-Family Home for sale in Peabody, MA

Affordability Calculator

Neighborhood & Schools

Map

More homes like this one

Get more info about this home