$599,000
About this home
**Loads of potential in this well-located two-family property near Peabody Square!** Whether you're looking for an investment opportunity or a property you can make your own, this home offers plenty of possibilities. One apartment is currently rented, providing immediate rental income, while the second and third floors offer an excellent opportunity for an owner-user to completely renovate and create one spacious, beautiful apartment. Imagine designing the upper levels to your own specifications with an open layout, modern finishes, and all the amenities you've been looking for. The property also features a large backyard area currently utilized as a driveway, providing ample off-street parking, a valuable feature in this convenient location. Situated close to Peabody Square, with easy access to local shops, restaurants, services, and transportation. A great opportunity for an investor, owner-occupant, or buyer looking to build equity through renovation. Bring your vision and unlock the potential of this versatile two-family property! First floor apartment can only be seen during open houses Friday 8/21 10am to Noon, Saturday 8/22 11:30am to 1pm and Sunday 8/23 1 to 2:30pm.
Property details
- MLS #
- 73566254
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 42
- On market date
- August 20, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- 5
- Lot size
- 0.12 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 553
- Student:teacher ratio
- 15.8:1
- District
- Peabody
- Enrollment
- 1,393
- Student:teacher ratio
- 13.8:1
- District
- Peabody
- Enrollment
- 17
- Student:teacher ratio
- 4.3:1
- District
- Salem
Walkability
Blended score for Peabody's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Peabody, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 24, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.