8-8.5 Herbert St Salem, MA 01970
Derby Street NeighborhoodEstimated payment $12,621/month
Total Views
20,234
9
Beds
9
Baths
7,452
Sq Ft
$264
Price per Sq Ft
About This Home
We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and management efficiencies. The property features unique finishes due to the historic nature offering residents a unique product in the area. The property is ideally located in a quiet residential neighborhood that is a short walk to Salem Harbor and other local attractions such as the restaurants and boutiques that make up the area.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1850
Lot Details
- 2,657 Sq Ft Lot
Interior Spaces
- 7,452 Sq Ft Home
- Property has 1 Level
- Living Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Full Bathrooms
Community Details
- 9 Units
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $1,970,000 | -3.9% | $264 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $2,049,000 | -3.6% | $275 / Sq Ft |
| 04/29/2025 04/29/25 | For Sale | $2,125,000 | -- | $285 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Home in Salem, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73366028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 7 Curtis St Unit 1
- 81 Essex St Unit 1
- 225 Derby St Unit 608
- 67 Essex St Unit 2
- 67 Essex St Unit 1
- 131 Derby St Unit 3F
- 14 Forrester St Unit 2
- 48 Essex St Unit 7
- 4 Boardman St Unit 2
- 17 Central St Unit 10
- 56 Peabody St Unit 2W
- 8 Briggs St
- 26 Winter St
- 51 Lafayette St Unit 506
- 51 Lafayette St Unit 304
- 20 Central St Unit 405
- 20 Central St Unit 402
- 11 Church St Unit 109
- 11 Church St Unit 220
- 11 Church St Unit 207
- 9 Hodges Ct Unit 3
- 5 Hawthorne Blvd Unit 2
- 75 Wharf St Unit 304
- 10 Palfrey Ct Unit 2
- 84 Wharf St Unit B
- 131 Essex St Unit 32
- 86 Wharf St Unit 6
- 10 Forrester St Unit 2
- 11 Forrester St
- 8 Carlton St Unit 2
- 11 Church St Unit 519
- 34 Peabody St
- 9 Andrew St Unit 16
- 4 Pleasant Street Ave Unit 4
- 50 St Peter St
- 155 Washington St Unit 1
- 26 New Derby St Unit 305
- 26 New Derby St Unit 404
- 3 1/2 Becket Ave Unit 3
- 65 Washington St Unit PH-9