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Explore Similar Apartments Within 2 Miles of Downtown Salem, MA

  • /30

    $1,595,000

    • 5 Beds
    • 3 Baths
    • 1,902 Sq Ft

    290 Washington St, Marblehead, MA 01945

    Welcome to 290 Washington Street, a fully renovated 3-family residence just outside historic Old Town Marblehead. This exceptional property is steps from dozens of restaurants, shops, markets, and the iconic Warwick Theatre. Each unit features in-unit laundry, central AC, Anderson windows, fully equipped gas fueled kitchens with quartz countertops and large custom bathrooms. All new systems

    Matthew Gateman Lokos Realty & Management

    290 Washington St, Marblehead, MA 01945
  • /39

    $824,900

    • 4 Beds
    • 3 Baths
    • 2,739 Sq Ft

    30 Dolloff Ave, Beverly, MA 01915

    Nestled in a peaceful, residential neighborhood, 30 Dolloff Ave offers the perfect blend of flexibility, comfort, and convenience. This well-maintained multifamily home can easily function as a spacious single-family residence with a private in-law suite, ideal for extended family or additional rental income. Step inside to find plenty of storage throughout, vinyl siding for easy maintenance, and

    Applegate & Murphy Group Lamacchia Realty, Inc.

    30 Dolloff Ave, Beverly, MA 01915
  • /26

    $1,100,000 Open Thu 2PM - 3PM

    • 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
  • /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
  • /5

    $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
  • /8

    $1,779,000

    • 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
$440,000
Median Townhouse Sale Price
$458,000
Median 2 Bedroom Sale Price
$512,000
Median 1 Bedroom Sale Price
$342,900
Average Price Per Sq Ft
$491
Number of Homes for Sale
7
Last 12 months Home Sales
23
Months of Supply
3.70
Median List Price
$450,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-17%
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