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$1,299,000
9 Beds 4 Baths 73552285 MLS ACTIVE Status
Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem's most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you're looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem's shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today's market—don't miss your chance to own a valuable asset in historic Salem.

8 Saunders St, Salem

Listing courtesy of Listing Agent: Herrick Lutts Realty Partners from Listing Office: Herrick Lutts Realty Partners.

$849,900
5 Beds 3 Baths 73549072 MLS ACTIVE Status
Situated at 11 Barton St in the historic city of Salem, MA, United States, this multi-family residence presents itself as an attractive property in great condition. The kitchen invites culinary exploration with its elegant backsplash, expansive kitchen peninsula, and durable stone countertops, providing both aesthetic appeal and practical workspace for everyday living. Within the living room, a welcoming fireplace provides a focal point, complemented by the distinctive charm of a beamed ceiling, creating an atmosphere of comfort and refined character. Each of the two full bathrooms offers a refreshing experience, featuring a double vanity for convenience and a beautifully tiled walk-in shower, ensuring a serene start or end to the day. Beyond the individual living spaces, this multi-family property, built in 1821, offers a substantial 2160 square feet of living area distributed across its two stories. 1st unit is vacant, 2nd unit is TAW.

11 Barton St, Salem

Listing courtesy of Listing Agent: Henrique De Oliveira from Listing Office: Dell Realty Inc..

$319,900
2 Beds 2 Baths 73548873 MLS ACTIVE Status
Spacious Brand-New Double Wide home in Salem! Welcome home to this beautiful 1568 +/- sf Energy Star Rated Manufactured home featuring 2 spacious bdrms, 2 baths and a versatile bonus room where you'll have flexibility to create the perfect home office, cozy den or media rm. Expansive applianced kitchen with loads of cabinets and generous dining area. Bright, open living rm with loads of natural light. Additional highlights include a utility rm with washer/dryer hookups, efficient FHA heating and central air conditioning. Step outside to enjoy the covered front entry, low maintenance composite deck and handy storage shed. Conveniently located near shopping, dining and major commuter routes. Opportunities like this don't come along where you can find a brand new home with this much space and so many features at such an incredible price. Sorry No Dogs! Schedule your private showing today and see for yourself why this home is one of the best values in Salem.

29 Lowell Unit 24, Salem

Listing courtesy of Listing Agent: Nancy Bilodeau from Listing Office: Salem Manufactured Homes, LLC.

$270,000
2 Beds 2 Baths 73547926 MLS ACTIVE Status
Brand new manufactured home in highly sought after No.Salem. Located in Ackerman's Retirement Community this Energy Star Certified home offers low maintenance, comfortable living and features 2 bdrms and 2 baths. Fully applianced eat-in kitchen with abundant cabinetry and generous counter space. opens to the bright and airy living area creating a warm and welcoming atmosphere throughout. Additionally, there is a utility room with washer/dryer hookups. FHA air by propane for heat, central air conditioning, composite deck and shed area also included. Monthly fee covers lawn mowing, water, septic and plowing of main roads. Residents must be 55+. Low Park Fee $500/monthly. Please note: No dogs are allowed. Home comes with a 1 year warranty and a 10 year structural warranty. Pictures are a reasonable facsimile.

84 Caddy Drive, Salem

Listing courtesy of Listing Agent: Nancy Bilodeau from Listing Office: Salem Manufactured Homes, LLC.

$699,999
8 Beds 2 Baths 73545713 MLS ACTIVE Status
Centrally located, multifamily with two 4-bedroom units offering immense rental earning potential. Short walk to Salem State College, MBTA and downtown Salem. Vinyl sided building with paved drive and yard. Each unit features 4 bedrooms, 1 full bath, living room and kitchen with laundry hook-ups. Spacious layouts offer appeal to a wde range of tenants or owners. Full basement with individual utilities. Private decks overlook the flat, fenced yard. Paved off street parking for multiple cars as well as ample on street parking. Do not miss this opportunity to build equity in a highly desirable area with strong renter demand. Offered vacant with recent rental history. Area ammenities include train, shopping, restaurants, schools, walking paths and more.

93 Ocean Ave, Salem

Listing courtesy of Listing Agent: Brenna McNiff from Listing Office: Coldwell Banker Realty - Beverly.

$825,000
5 Beds 2 Baths 73544671 MLS ACTIVE Status
The perfect blend of historic Salem meeting modern living at a cost that make too much sense not to look into acquiring this lovely home. With easy access to the Salem Commons, Downtown, Collins Cove and the Willows and everything else Salem has to offer.This property features a 1st floor unit with a modern kitchen and bath. /it has two bedrooms and a living room that has a working fireplace. The 2nd unit has three bedrooms , a large living and dining area and an eat in kitchen. It has an inviting fenced in yard great for entertaining and cookouts. It has 4 parking spots. Come Unit 1 will be delivered vacant. Unit 2 has a lease until 6/30/27 check out this gem.Use 44 Essex st for your GPS. Home is located in rear take the driveway to the back parking lot.

46 1/2 Essex St, Salem

Listing courtesy of Listing Agent: Donald Hardy from Listing Office: eXp Realty LLC.

$759,000
6 Beds 2 Baths 73535652 MLS ACTIVE Status
Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up 3rd floor unfinished with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.

3 Chase Street, Salem

Listing courtesy of Listing Agent: Kaitlyn Duyon from Listing Office: eRealty Advisors, Inc..

$1,795,000
7 Beds 6 Baths 73535854 MLS ACTIVE Status
Located in Salem's prestigious McIntire District, this remarkable six-family Georgian Colonial, built circa 1735, presents a rare opportunity to own a significant piece of the city's architectural history. The Property consists six (6) residential units comprised of four (4) one-bedroom apartments, one (1) two-bedroom apartment, and one (1) studio.The Essex Street-facing apartments showcase an extraordinary collection of original period details, including King George flooring, five working fireplaces, and the timeless craftsmanship that defines early New England architecture. Each unit is separately metered for gas and electric, with tenants responsible for their own utilities. The gas heating systems have all been recently updated along with many of the kitchens and baths. Please see attached PDF for a rent roll and expenses.

395 Essex, Salem

Listing courtesy of Listing Agent: Francesca Little from Listing Office: Little & Co., REALTORS®.

$2,310,000
9 Beds 7 Baths 73535855 MLS ACTIVE Status
Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.

401 Essex, Salem

Listing courtesy of Listing Agent: Francesca Little from Listing Office: Little & Co., REALTORS®.

$2,099,900
19 Beds 6 Baths 73535621 MLS ACTIVE Status
MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental demand and stable income potential. Additional income is generated through on-site laundry and storage. Conveniently located near the MBTA Commuter Rail with easy access to Boston and Salem's vibrant downtown, waterfront, restaurants, shopping, and entertainment. Excellent opportunity for investors seeking immediate cash flow, strong in-place income, and long-term upside potential.

19 Palmer St, Salem

Listing courtesy of Listing Agent: Elsa Liu from Listing Office: Realty ONE Group Cosmopolitan.

$4,200,000
34 Beds 12 Baths 73528048 MLS ACTIVE Status
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.

8-10 & 5 Porter St Ct & Ropes Portfolio, Salem

Listing courtesy of Listing Agent: Dan Pouladian from Listing Office: North Shore Realty Advisors.

$1,700,000
8 Beds 6 Baths 73517252 MLS ACTIVE Status
Distinguished 1875 Victorian multifamily thoughtfully reimagined into two stunning townhouse-style residences in historic North Salem. Spanning over 4,310 SF, this fully renovated property offers 8 bedrooms and 6 full bathrooms across two expansive units, each designed to live with the comfort and privacy of a single-family home. A significant restoration brought new life to the property while preserving its original architectural character, including soaring ceilings, abundant natural light, hardwood flooring, and restored historic details throughout. Every major system has been upgraded, including new roof, electrical, plumbing, HVAC with gas heat and central A/C, redesigned open-concept living spaces, brand-new kitchens and baths, and fresh interior/exterior paint. Separate driveways, private yard spaces, and townhouse-style layouts offer opportunity for owner-occupied living, multigenerational use, or investment potential. Ideal North Salem location 1 mile to downtown and MBTA.

18 Balcomb Street, Salem

Listing courtesy of Listing Agent: Jackelyn Enslow from Listing Office: Cameron Real Estate Group.

$2,400,000
16 Beds 8 Baths 73490150 MLS ACTIVE Status
Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new roof on the Harbor Street building, and new insulation in both attics and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.

1-7 Prince St & 48-54 Harbor St, Salem

Listing courtesy of Listing Agent: Francesca Little from Listing Office: Little & Co., REALTORS®.

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