About this home

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem's shops, restaurants, commuter rail, and ferry to Boston, and don't miss the small neighborhood beach at the end of the street!

Facts and features

Schools

• Saltonstall School

  elementary · K-8 · 0.2 mi

  5

• Salem High School

  high · 9-12 · 1.1 mi

  4

• The Phoenix School

  elementary · 0.6 mi

• Collins Middle School

  middle · 6-8 · 0.8 mi

  6

• Salem Academy Charter School

  middle · 6-12 · 0.5 mi

  7

• Salem Prep High School

  high · 9-12 · 0.9 mi

Price history

• Oct 6, 2026 · Price Changed$845,000
• Sep 16, 2026 · Listed$875,000
• Jun 29, 2018 · Sold$513,000
• May 18, 2018 · Listed$474,900
• May 27, 2015 · Sold$365,000
• Apr 21, 2015 · Listed$359,900
• Jan 1, 1971 · Sold$28,000

Tax history

• 2026$7,309 tax · $678,000 assessed
• 2024$6,716 tax · $578,000 assessed
• 2023$6,508 tax · $520,200 assessed
• 2022$6,648 tax · $501,700 assessed
• 2021$6,330 tax · $458,700 assessed
• 2020$6,195 tax · $428,700 assessed
• 2019$6,146 tax · $407,000 assessed
• 2018$5,712 tax · $371,400 assessed

Home value

$862,416

• Quantarium$862,416
• Cotality$852,000
• Collateral Analytics$866,000

Where it is