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45 Riverside St, Danvers, MA, 01923

4beds
2baths
2,518sqft
$849,900
$338price/sqft
$5,805/moest. monthly cost
$232,200/yrincome needed

About This Home

Welcome to this 2-family home situated on a corner lot, with beautiful water views of the Crane River. Take advantage of nearby neighborhood water access for kayaking and canoeing. This versatile property offers 2 spacious living levels with bright, open-concept floor plans, large windows, and natural sunlight throughout. The 1st floor unit features 2 bedrooms, a living room, dining room, spacious kitchen and a full bath. The 2nd floor unit offers a large kitchen, living room, dining room, office space, 2 bedrooms and a full bath. The home offers shared laundry located in the basement, additional storage space, parking for 4 vehicles and a fenced-in yard. Located close to major highways, shopping, and restaurants. Enjoy the added benefit of being approximately a 10-minute drive to the Salem commuter rail station. Updates: gas furnaces approximately 6 years old. First floor central air system approximately 4 years old. Video & recording on premises.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

6/10
4/10
5/10
Danvers High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Stone,Brick/Mortar
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator
  • Laundry features: Gas Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Living Room,Dining Room,Kitchen,Laundry Room,Office/Den
  • Flooring: Wood,Tile,Vinyl
  • Finished area above ground: 2,518

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Unit Control,None

Interior Area

  • Total structure area: 2,518
  • Total interior livable area: 2,518 sqft

Property

Details

  • Parcel number: 1882093
  • Zoning: R1

Features

  • Exterior features: Rain Gutters
  • Fencing: Fenced/Enclosed,Fenced
  • Has view: Yes
  • View description: Water,River
  • Has water view: Yes
  • Water view: River,Water
  • Waterfront features: River,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 3,598 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,297$51,564
Home Insurance *$248$2,976
Property Taxes $764$9,168
Electricity $496$5,958
Total$5,805$69,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,028/yr
40% on housing$174,150/yr
45% on housing$154,800/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$338This listing

vs Other Active Listings

Avg $/sqft

ZIP 01923$310
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01923$403
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$849,900
2026-07-14Listed for sale$849,900
2018-01-19Listing removed$2,000
2017-09-25Price change$2,000
2017-06-08Listed for rent$2,400

For Sale by Agent

AgentCarol Beatrice
BrokerageReal Broker MA, LLC

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