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    Salem, MA Apartment Buildings for Sale

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    Peabody, MA Beverly, MA Danvers, MA
    Adjacent 6-Unit Multifamily Buildings
    $4,200,000
    13,472 SF
    Adjacent 6-Unit Multifamily Buildings

    8 Porter St Court, Salem, MA 1970

    Two adjacent 3-story, 6-unit buildings offer separately metered utilities, laundry, and parking/garage revenue potential.
    • Two adjacent 3‑story, 6‑unit buildings (5 Ropes St and 8–10 Porter St Court) with 19,720± total SF and 13,472± rentable SF
    • 20+ surface parking spots plus 6‑bay garages generating parking/garage income
    • Utilities are separately metered per building
    • On‑site coin‑operated laundry facilities
    • Storage units provided per apartment for additional income
    Updated: Jun 1
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    17-Unit Multifamily Development Opportunity
    $1,395,000
    17-Unit Multifamily Development Opportunity

    64 Ward St, Salem, MA 1970

    Concept plans for studio through two-bedroom units, with potential Chapter 40R redevelopment in Salem.
    • Concept plans for a proposed 17‑unit multifamily building in Salem
    • Proposed unit mix includes studio, 1‑bedroom, and 2‑bedroom apartments
    • Year built: 1900
    • Potential redevelopment use under Massachusetts Chapter 40R to support increased density in appropriate areas
    Updated: Jun 3
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    Spacious Mixed-Use Property in Salem
    $2,500,000
    0.30 Acres
    Spacious Mixed-Use Property in Salem

    Large mixed-use property with development potential in downtown Salem.

    11 Summer St, Salem, MA 1970

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Asset in Diamond District
    $6,250,000
    17,407 SF
    Multifamily Asset in Diamond District

    25-unit multifamily asset in Lynn, MA, rebuilt in 2015.

    145 Lewis St, Lynn, MA 1902

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    Mixed-Use Retail and Apartments
    $1,885,000
    6,722 SF
    Mixed-Use Retail and Apartments

    Mixed-use building offers both retail space and residential units in Beverly, MA.

    7 WALLIS ST, Beverly, MA 1915

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    Renovated Multifamily Building Near Transportation
    $2,999,000
    Renovated Multifamily Building Near Transportation

    Newly renovated nine-unit building near transportation and local amenities.

    207 Chestnut St, Lynn, MA 1902

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    Approved Condominium Development Opportunity
    $3,250,000
    Approved Condominium Development Opportunity

    Approved 22-unit condominium project near Route 114 in Peabody.

    55 Pulaski St, Peabody, MA 1960

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    Salem, MA Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Salem, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,472 square feet of properties for sale, with an estimated market value of $4,200,000.

    Sale prices for two-family homes in Salem, MA start at $4,200,000, averaging $4,200,000, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 44K
    Population Growth (5Y) +2.2%
    Median Household Income $85,189
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01970 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $33.59 per SF
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

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