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Explore Similar Apartments Within 2 Miles of Gallows Hill, MA

  • /31

    $839,900

    • 6 Beds
    • 3 Baths
    • 2,943 Sq Ft

    9 Hancock St, Salem, MA 01970

    Welcome to a fantastic opportunity! This well-maintained and spacious two-family home offers flexible living arrangements, strong rental potential, and room to build equity—making it ideal for both investors and owner-occupants. Each unit features 3 bedrooms, 1 full bath, and a dedicated living and dining room. The living space extends to the 3rd floor with 2 finished bonus rooms and an

    Shannon McInnis Keller Williams Realty Evolution

    9 Hancock St, Salem, MA 01970
  • /26

    $1,100,000

    • 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
  • /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 Gallows Hill

Gallows Hill in Salem offers a suburban atmosphere with a mix of Colonial Revival and Cape Cod-inspired homes, many of which were built between the 1850s and 1950s. The neighborhood features a range of housing options, including two-family houses and townhomes, creating a dynamic living environment. Gallows Hill Park, the largest green space in the area, includes a playset, two baseball diamonds, a basketball court, and the Ryan Brennan Memorial Skate Park. Nearby, Splaine Park offers additional recreational facilities, including a baseball diamond, basketball court, and a unique playset integrated into the hilly terrain. Dining and shopping are conveniently close, with local favorites like Black Cat Diner and Far From the Tree cidery, as well as a Stop & Shop and Hawthorne Square shopping center less than 2 miles away. Gallows Hill is also near downtown Salem, making it easy for residents to participate in annual events such as the Halloween Happenings Grand Parade and the city's Christmas tree lighting. Highland Avenue provides access to other coastal Massachusetts cities, while the Salem commuter rail station, just a mile away, offers public transportation options. For longer trips, Boston Logan International Airport is 18 miles away. The neighborhood is safer than the national average, contributing to its appeal for families and commuters alike.

Home Trends in Gallows Hill, MA

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$380,000
Median 2 Bedroom Sale Price
$199,900
Median 1 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$334
Number of Homes for Sale
6
Last 12 months Home Sales
19
Months of Supply
3.80
Median List Price
$399,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-14%
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