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Salem, OH Multifamily Homes & Duplexes for Sale

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  • /22

    $84,900

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    462 Ash Ave, Salem, OH 44460

    This well-maintained income property has a solid rental history with no vacancy issues. A great addition to any investor's portfolio, this property offers strong rental potential and dependable tenants - the current tenant would love to stay! Key Features: new metal roof installed in 2025 for long-term durability, two newer furnaces installed in 2022 - efficient and reliable, separate utilities -

    Rhesa Toth Cutler Real Estate

    462 Ash Ave, Salem, OH 44460
  • /14

    $112,000

    • 3 Beds
    • 2 Baths
    • 1,222 Sq Ft

    676 E 3rd St Unit 684, Salem, OH 44460

    This fully occupied duplex conveniently sits in the heart of town. Long term tenants = reliable income. Owner updates include new gravel parking area with patio stones, Boarder fence re-stained and whole exterior painting of duplex. This duplex is a great investment opportunity. Schedule a viewing today.

    Kristin Frasco Cocca Real Estate II

    676 E 3rd St Unit 684, Salem, OH 44460
  • /2

    $103,500

    • 2 Beds
    • 2 Baths
    • 1,468 Sq Ft

    559 E Perry St, Salem, OH 44460

    Freshly painted exterior wood and vinyl duplex with some old world charm. Front and back porches. Currently an up and down duplex, which could be converted back to a single family home by opening the wall in the foyer of both sides. Each unit consists of a living room, kitchen, bedroom and bath. Rent both as an income, rent one and live in the other or revert to a single family home.

    Susan Kilmer Towne & Suburban Realty, Inc.

    559 E Perry St, Salem, OH 44460

Why Live in Salem

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.

Home Trends in Salem, OH

Housing Trends

Median Sale Price
$210,000
Median Single Family Sale Price
$242,500
Median 2 Bedroom Sale Price
$129,500
Average Price Per Sq Ft
$143
Number of Homes for Sale
5
Last 12 months Home Sales
16
Months of Supply
3.80
Median List Price
$229,000
Median Change From 1st List Price
15%
Median Home Sale Price YoY Change
130%
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