$729,000
OPEN SAT 11:30AM - 1PM

Estimated payment $4,438/month

5 Beds
2 Baths
2,280 Sq Ft
$320 Price per Sq Ft

Highlights

  • Marina
  • Property is near public transit
  • Sun or Florida Room
  • Golf Course Community
  • Wood Flooring
  • 4-minute walk to Patten Park

About This Home

Prime Salem location! This exceptional two-family home offers easy access to Historic Downtown Salem and is ideal for owner-occupants or investors. Unit 1, on the first floor, features 2 bedrooms, HARDWOOD FLOORS, and an updated kitchen and bath. Unit 2 spans the top two levels and offers 4 bedrooms, AN UPDATED CHERRY KITCHEN WITH GRANITE COUNTERS, and a renovated bathroom. Each unit is SEPARATELY METERED FOR HEAT AND ELECTRICITY and includes its own laundry and basement storage. A large, level fenced yard, ample off-street parking, and a desirable neighborhood near Kernwood Golf Course, shops, waterfront attractions, restaurants, and the COMMUTER RAIL complete the package. Showings begin now.

Listing Agent

The Mavroules Team

Good Deeds Realty Partners Listed on: 12/01/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,195

Year Built

  • Built in 1890

Lot Details

  • 4,761 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Living Room
  • Sun or Florida Room
  • Storage
  • Washer and Gas Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Individual Controls for Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Separate Meters
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:27 L:0230,2133207

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,195

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Wood, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage, Crown Molding, High Speed Internet, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Cabinets, Living Room, Kitchen, Sunroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Microwave
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 2280
  • Living Area: 2280
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Skylight(s)
  • MAIN LO: AN7338

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Harbor, Ocean, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Gas Dryer, Washer Hookup, Varies per Unit
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas, Unit Control, Electric, Hot Water, Steam, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 4
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:27 L:0230,2133207
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4761
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7195

Multi Family

  • Net Operating Income: 55200
  • Number Of Units Total: 2
  • Total Actual Rent: 4600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,195 $634,500 $204,000 $430,500
2024 $6,899 $593,700 $193,800 $399,900
2023 $6,728 $537,800 $178,900 $358,900
2022 $6,715 $506,800 $173,000 $333,800
2021 $6,391 $463,100 $161,000 $302,100
2020 $6,185 $428,000 $152,100 $275,900
2019 $6,132 $406,100 $144,300 $261,800
2018 $5,708 $371,100 $137,200 $233,900
2017 $4,295 $270,800 $115,700 $155,100
2016 $4,159 $265,400 $110,300 $155,100
2015 $4,030 $245,600 $101,400 $144,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $729,000 +74.4% $320 / Sq Ft
04/08/2017 04/08/17 Sold $418,000 -1.3% $183 / Sq Ft View Prior Sale
02/18/2017 02/18/17 Pending -- -- --
02/16/2017 02/16/17 Price Changed $423,500 -1.3% $186 / Sq Ft
02/11/2017 02/11/17 For Sale $429,000 0.0% $188 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/21/2017 01/21/17 For Sale $429,000 +41.6% $188 / Sq Ft
08/01/2014 08/01/14 Sold $303,000 -5.3% $133 / Sq Ft View Prior Sale
07/02/2014 07/02/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $319,900 -- $140 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $418,500 --
Not Resolvable $303,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,575 New Conventional
Previous Owner $297,511 FHA
Previous Owner $250,000 No Value Available
Previous Owner $166,250 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73458480

MLS Property Information Network (MLS PIN)

APN: SALE-000027-000000-000230