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Explore Similar Apartments Within 2 Miles of Downtown Salem, MA

  • /19

    $949,000

    • 5 Beds
    • 3 Baths
    • 2,481 Sq Ft

    25 Pearl St, Marblehead, MA 01945

    Group showings by appointment only Saturday, August 16th from 10:30a-12p. Located in the heart of Marblehead, this 3-family home is a fantastic investor opportunity! Fully rented with all tenants at below-market rents (tenants at will), the property includes individually metered electricity and hot water, plus two heating systems that serves all units. Ample off street parking. Multiple

    Willis + Tierney Compass

    25 Pearl St, Marblehead, MA 01945
  • /35

    $1,099,000

    • 5 Beds
    • 2.5 Baths
    • 2,868 Sq Ft

    234 Pleasant St, Marblehead, MA 01945

    Discover this charming single-family home featuring an attached in-law suite. The main house offers a flexible layout including a permittable office with exterior access. Enjoy a spacious primary bedroom with direct access to a secondary bedroom, hardwood floors throughout, and dual entry points from Pleasant St and a driveway off Bubier Rd. The single-level in-law suite includes a large living

    Marc Green Coldwell Banker Realty - Marblehead

    234 Pleasant St, Marblehead, MA 01945
  • /26

    $1,085,000

    • 8 Beds
    • 3 Baths
    • 4,250 Sq Ft

    144 North St, Salem, MA 01970

    Don’t miss this outstanding opportunity to own a spacious 3-family property in vibrant Salem, just a short distance from the commuter rail at Salem Station. Offering approximately 4,250 square feet of living space across three levels, the building features a total of 8 bedrooms and 3 bathrooms—an ideal setup for maximizing rental income or creating an owner-occupied investment. Each unit offers

    Herrick Lutts Realty Partners Herrick Lutts Realty Partners

    144 North St, Salem, MA 01970
  • /32

    $1,120,000

    • 9 Beds
    • 5 Baths
    • 4,276 Sq Ft

    62 Wallis St, Peabody, MA 01960

    Back on Market due to appraisal error: This is a three unit prop. not four. This property A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's

    James Pham RE/MAX Partners

    62 Wallis St, Peabody, MA 01960
  • /27

    $729,999

    • 4 Beds
    • 2 Baths
    • 1,872 Sq Ft

    46 Wallis St, Peabody, MA 01960

    This well-maintained two-family home is ideally situated just minutes from downtown Peabody. Each unit features 2 bedrooms and 1 bathroom, freshly painted interiors, and convenient in-unit laundry hookups. Whether you're an investor or an owner-occupant, this is a prime opportunity to secure a valuable asset in a high-demand location. Don’t miss out—schedule your showing today!

    Michael Alves Coldwell Banker Realty - Lynnfield

    46 Wallis St, Peabody, MA 01960
  • /19

    $1,970,000

    • 9 Beds
    • 9 Baths
    • 7,452 Sq Ft

    8-8.5 Herbert St, Salem, MA 01970

    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

    Kevin Benzinger Boston Realty Advisors

    8-8.5 Herbert St, Salem, MA 01970
  • /16

    $1,779,000 Open Tue 2PM - 2:30PM

    • 16 Beds
    • 6 Baths
    • 6,345 Sq Ft

    33 Harbor St, Salem, MA 01970

    We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential

    Kevin Benzinger Boston Realty Advisors

    33 Harbor St, Salem, MA 01970

Why Live in Downtown Salem

Downtown Salem offers a mix of multi-unit and multi-use buildings, with residences often found above ground-level storefronts. These condos and apartments, ranging from two to six stories, date back to the early 1900s through the 1990s, with new developments emerging near the river and train station. Residents enjoy easy access to green spaces like Salem Common, featuring paved walkways, a basketball court, and a playset, as well as Winter Island Park, which offers camping, boat ramps, and Waikiki Beach. The Salem YMCA provides additional recreational facilities. Dining options are abundant, with popular spots like Ledger, O'Neil’s Pub & Restaurant, and All Souls Bar, alongside numerous boutiques and stores with magical themes. Grocery shopping is convenient with local markets and chains like Stop & Shop and Market Basket within 2 miles. Cultural attractions include the Peabody Essex Museum and historic city hall, which hosts reenactments of the Salem Witch Trials. Events such as the Salem’s So Sweet Chocolate and Ice Sculpture Festival add to the vibrant community life. The neighborhood is highly walkable, with streets closed to cars, and the Salem commuter rail station offers a 30-minute ride to Boston’s North Station. Boston Logan International Airport is 16 miles away, and Salem Hospital is less than a mile from the neighborhood. Education options include the highly rated Salem Academy Charter School.

Home Trends in Downtown Salem, MA

Housing Trends

Median Sale Price
$465,000
Median Townhouse Sale Price
$458,000
Median 2 Bedroom Sale Price
$539,000
Median 1 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$494
Number of Homes for Sale
11
Last 12 months Home Sales
22
Months of Supply
6.00
Median List Price
$540,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
4%
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