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    Salem, NY Apartment Buildings for Sale

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    Argyle, NY Granville, NY Greenwich, NY
    Mixed-Use Building in Salem Village
    Updated: May 22
    Mixed-Use Building in Salem Village

    198 Main Street, Salem, NY 12865

    $249,777
    4,520 sqft · 0.15 AC lot
    Mixed‑use building in Salem village: 4 apartments above 2 vacant commercial spaces
    Residential rental income: $3,200/month; 1×2BR ($1,000/mo) and 3×1BR ($800/mo and $700/mo each)
    Refreshed in‑unit appliances: refrigerators and stoves replaced within the last 1–5 years across all units
    Hot water tanks in range of 1–5 years old; separate electric heat for the apartments
    Commercial spaces have a 2‑year‑old furnace; building capital improvements include new electric, windows, and roof replacements
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    Mixed-Use Building in Salem Village
    Updated: May 29
    Mixed-Use Building in Salem Village

    198 Main Street, Salem, NY 12865

    $249,777
    4,520 sqft · 0.15 AC lot
    Mixed‑use building with 4 apartments (one 2‑bedroom, three 1‑bedroom) above two vacant commercial spaces
    Residential rental income of $3,200/month: $1,000 for the 2‑bedroom, $800 for the main floor 1‑bedroom, and $700/month for each of the two third‑floor 1‑bedrooms
    Updated/refreshes reported: refrigerators and stoves replaced within the last 1–5 years across all units; hot water tanks 1–5 years old
    Commercial spaces include a furnace reported as 2 years old; separate electric heat for the apartments
    Capital improvements reported including new electric, new windows, and roof replacements on both the main and lower sections
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, NY, 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.

    Village Commercial Multifamily Property
    Village Commercial Multifamily Property

    3191 Route 30, Dorset, VT 05251

    $939,000
    3,031 sqft · 0.34 AC lot

    Five-unit residential building with private entrances and off-street parking in Dorset Village Commercial zoning.

    View details
    Dorset Village Multi-Unit Residence
    Dorset Village Multi-Unit Residence

    3191 Route 30, Dorset, VT 5251

    $939,000
    3,030 sqft · 0.34 AC lot

    Five-unit residence with commercial potential in Dorset Village.

    View details
    Turnkey Restaurant and Mixed-Use Building
    Turnkey Restaurant and Mixed-Use Building

    162 Glen Street, Glens Falls, NY 12801

    $898,000
    7,654 sqft · 0.07 AC lot

    Restaurant and mixed-use building in Glens Falls' visible location.

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    Downtown Glens Falls Mixed-Use Property
    Downtown Glens Falls Mixed-Use Property

    16 Exchange Street, Glens Falls, NY 12801

    $749,000
    4,195 sqft

    Updated mixed-use building with restaurant and apartments in downtown Glens Falls.

    View details

    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
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

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

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

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

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Salem, NY Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Salem, NY on our real estate platform. These investment opportunities span a total of 9,040 square feet of properties for sale, with an estimated market value of $499,554.

    Sale prices for two-family homes in Salem, NY start at $249,777, averaging $249,777, and reaching up to $249,777 — 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 3,353
    Population Growth (5Y) -9.1%
    Median Household Income $70,868
    College Educated 41.0%

    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
    12865 $249.8K

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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