Investment Properties for Sale in Salem, MA

15 results

0 listings scored

$675,000

86-88 Summer St, Salem, MA 01970

5 bds
|
3.5 ba
|
2432 sqft

$278/sqft · 4 days on market

MLS® 73598820Multi Family
Herrick Lutts Realty Partners - Herrick Lutts Realty Partners
Property at 207 Loring Ave, Salem, MA 01970
1 / 22
Active
New
Open

$760,000

207 Loring Ave, Salem, MA 01970

5 bds
|
2 ba
|
2796 sqft

$272/sqft · 2 days on market

MLS® 735998222 Family - 2 Units Up/Down
Keller Williams Realty Evolution - Leonette Strout

$950,000

249 Loring Ave, Salem, MA 01970

6 bds
|
6 ba
|
3342 sqft

$284/sqft · 5 days on market

MLS® 73598408Multi Family
Averbuch Realty - Alexander Barmin

$399,900

33 Walter St, Salem, MA 01970

5 bds
|
2 ba
|
2123 sqft

$188/sqft · 52 days on market

MLS® 73578801Multi Family
Diamond Key Real Estate - James Bourque

$849,900

11 Barton St, Salem, MA 01970

5 bds
|
3 ba
|
2160 sqft

$393/sqft · 118 days on market

MLS® 73549072Multi Family
Dell Realty Inc. - Henrique De Oliveira

What's actually happening in Salem right now?

Forget the national headlines. Get the hyper-local, street-level data on inventory, price drops, and true market value before you make an offer.

Property at 21 Jackson St, Salem, MA 01970
1 / 34
Active
Price drop

$749,999

Price reduced by

21 Jackson St, Salem, MA 01970

7 bds
|
2 ba
|
2918 sqft

$257/sqft · 67 days on market

MLS® 735708922 Family - 2 Units Up/Down
Coldwell Banker Realty - Marblehead - Jordan Ryan
Property at 18 Cliff Street, Salem, MA 01970
1 / 28
Active
Price drop
Open

$799,000

Price reduced by

18 Cliff Street, Salem, MA 01970

6 bds
|
2 ba
|
2384 sqft

$335/sqft · 145 days on market

MLS® 735368062 Family - 2 Units Up/Down
Coldwell Banker Realty - Marblehead - Lindsey Mccarthy
Property at 233 Lafayette, Salem, MA 01970
1 / 22
Active Under Contract
Price drop

$7,599,000

Price reduced by

233 Lafayette, Salem, MA 01970

32 bds
|
26 ba
|
17744 sqft

$428/sqft · 55 days on market

MLS® 735765675+ Family - 5+ Units Up/Down
Little & Co., REALTORS® - Francesca Little

$1,625,000

2-4 Saunders St, Salem, MA 01970

8 bds
|
6.5 ba
|
5795 sqft

$280/sqft · 20 days on market

MLS® 735924355+ Family - 5+ Units Up/Down
North Shore Realty Advisors - Dan Pouladian
Property at 5 Willow Ave, Salem, MA 01970
1 / 25
Active Under Contract
Price drop

$845,000

Price reduced by

5 Willow Ave, Salem, MA 01970

5 bds
|
3 ba
|
2229 sqft

$379/sqft · 53 days on market

MLS® 735784162 Family - 2 Units Up/Down
Compass - Strobeck Antonell Bull Group
Property at 46 1/2 Essex St, Salem, MA 01970
1 / 18
Active Under Contract
Price drop

$799,000

Price reduced by

46 1/2 Essex St, Salem, MA 01970

5 bds
|
2 ba
|
1920 sqft

$416/sqft · 126 days on market

MLS® 73544671Multi Family
eXp Realty LLC - Donald Hardy
Property at 8 West Ave, Salem, MA 01970
1 / 27
Active

$775,000

8 West Ave, Salem, MA 01970

6 bds
|
3 ba
|
2981 sqft

$260/sqft · 13 days on market

MLS® 735950873 Family
Five Star Realty Group - Janet Howcroft
Property at 19 Nichols, Salem, MA 01970
1 / 22
Active Under Contract

$925,000

19 Nichols, Salem, MA 01970

9 bds
|
4 ba
|
4420 sqft

$209/sqft · 13 days on market

MLS® 735949963 Family
Little & Co., REALTORS® - Francesca Little
Property at 18 Balcomb Street, Salem, MA 01970
1 / 29
Active
Price drop

$1,598,000

Price reduced by

18 Balcomb Street, Salem, MA 01970

8 bds
|
6 ba
|
4310 sqft

$371/sqft · 180 days on market

MLS® 735172522 Family - 2 Units Side by Side
Cameron Real Estate Group - Jackelyn Enslow

$799,000

53 Cedar Street, Salem, MA 01970

4 bds
|
2 ba
|
2247 sqft

$356/sqft · 86 days on market

MLS® 735639912 Family - 2 Units Up/Down
Gibson Sotheby's International Realty - Lynne Breed

Estimates — not financial advice

This is a property-search tool for investors. Any financial figures shown are illustrative estimates — not an appraisal, guarantee, or investment advice. Verify independently and consult your own advisors.

Investing in Salem, MA: income properties at a glance

There are 15 multi-family and income properties for sale in Salem, MA right now. Each listing above is scored for estimated cap rate, cash flow and gross rent multiplier, using MLS-reported rents where the listing has them and HUD Small Area Fair Market Rents where it doesn't.

Income properties for sale
15
Median list price
$799,000

Among the 15 listings shown above

Median price per unit
$389,750

10 listings with a known unit count

Unit mix

  • 2-family: 6
  • 3-family: 2
  • 5+ units: 2

Returns are estimated at 25% down, a 7% 30-year mortgage, 20% operating expenses and 5% vacancy. Adjust the assumptions above to underwrite your own deal.