$84,900
- 4 Beds
- 2 Baths
- 1,680 Sq Ft
462 Ash Ave, Salem, OH 44460
Rhesa Toth Cutler Real Estate
$84,900
462 Ash Ave, Salem, OH 44460
Rhesa Toth Cutler Real Estate
$112,000
676 E 3rd St Unit 684, Salem, OH 44460
Kristin Frasco Cocca Real Estate II
$103,500
559 E Perry St, Salem, OH 44460
Susan Kilmer Towne & Suburban Realty, Inc.
Salem, Ohio, known as the ‘Little Big City,’ is a small city with a population of around 12,000. Founded by Quakers in the early 1800s, Salem boasts historic architecture, including American Foursquare, Tudor, Colonial Revival, midcentury ranch-style, and split-level homes. The city has implemented a Community Reinvestment Act, offering a 15-year tax abatement for new constructions. Salem features over 375 acres of parkland, with Centennial Park providing tennis and basketball courts, baseball fields, disc golf, and an Olympic-sized swimming pool. The Salem Community Center hosts various events, including sports tournaments and Designer Handbag Bingo. Attractions include the Burchfield Homestead Museum, celebrating the famous painter Charles Burchfield. The Salem City School District has a high rating, and the city is home to Allegheny Wesleyan College and Kent State University's Salem campus. Downtown Salem offers a farmers market, local dining spots like LiB’s coffee shop, Heggy’s diner, and Mike’s Penn Grille. The Designated Outdoor Refreshment Area allows open alcohol containers during events. Salem is safer than the national average, with low crime rates. It is 44 miles southeast of Akron, 67 miles northwest of Pittsburgh, and 68 miles southeast of Cleveland, with the Akron-Canton Airport 32 miles away. Monthly Second Saturdays and the annual Salem Super Cruise are popular events, drawing visitors and fostering community engagement.
On average, homes in Salem, OH sell after 110 days on the market compared to the national average of 70 days. The median sale price for homes in Salem, OH over the last 12 months is $210,000, up 130% from the median home sale price over the previous 12 months.
In Salem, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $84,900 to $112,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Salem is $229,000, while the average sale price is $300,125, offering insights into the local housing market. On average, multi-family homes spend 110 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Salem, OH.