Apartment Building

Salem, OH Apartment Buildings for Sale

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Downtown Salem Mixed-Use Investment Property
Updated: Jul 5, 2024
Downtown Salem Mixed-Use Investment Property

241 E State St, Salem, OH 44460

$236,000
7,347 sqft
Prime downtown Salem location
Income‑generating investment property with multiple rental units (retail and apartments)
Four stories including a full basement
Leased retail space on the first floor
Three rented apartment units on upper floors
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Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, 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.

Fully Renovated Multifamily Building
Fully Renovated Multifamily Building

690 3rd Street, Beaver, PA 15009

$1,310,000
0.12 AC lot

Five-unit building with a mix of 1-bedroom plus loft and 2-bedroom layouts, plus street parking.

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Renovated Mixed-Use Building For Sale
Renovated Mixed-Use Building For Sale

690 3rd St, Beaver, PA 15009

$1,310,000
0.12 AC lot

Mixed-use building with retail and residential units, fully renovated.

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24-Unit Multifamily Investment Opportunity
24-Unit Multifamily Investment Opportunity

3100 Beal St NW, Warren, OH 44485

$2,000,000
24,465 sqft

Garden-style apartment building with strong income and growth potential.

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Turn-Key 6-Unit Apartment Building
Turn-Key 6-Unit Apartment Building

4636 Mahoning NW Avenue, Warren, OH 44483

$435,000
0.65 AC lot

Investment opportunity with perpetual occupancy in a sought-after location.

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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.

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.

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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.

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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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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.

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Off-Market Properties in Salem, OH

Consider similar Off-Market properties in Salem, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

500 4th St
APARTMENT HOUSE (5+ UNITS)

500 4th St, Salem, OH 44460-2994

$4,150,000
Estimated value
59,912 sqft · 2.17 AC lot
View details
437 Continental Dr
APARTMENT HOUSE (5+ UNITS)

437 Continental Dr, Salem, OH 44460-2562

$1,285,000
Estimated value
2,880 sqft · 6.11 AC lot
View details
1133 Prospect St
APARTMENT HOUSE (5+ UNITS)

1133 Prospect St, Salem, OH 44460-2077

$1,550,000
Estimated value
2,016 sqft · 7.65 AC lot
View details
1264 Sese Blvd
APARTMENT HOUSE (5+ UNITS)

1264 Sese Blvd, Salem, OH 44460

$805,000
Estimated value
3,925 sqft · 4.90 AC lot
View details
996 Perry St
APARTMENT HOUSE (5+ UNITS)

996 Perry St, Salem, OH 44460-3502

$1,030,000
Estimated value
5,328 sqft · 6.23 AC lot
View details
2101 Monroe Ave, Unit 2399
APARTMENT HOUSE (5+ UNITS)

2101 Monroe Ave, Salem, OH 44460-3466

Unit 2399
$4,045,000
Estimated value
7,696 sqft · 1.75 AC lot
View details
2140 Monroe Ave, Unit 2170
APARTMENT HOUSE (5+ UNITS)

2140 Monroe Ave, Salem, OH 44460-3467

Unit 2170
$4,050,000
Estimated value
14,152 sqft · 0.95 AC lot
View details
2020 Monroe Ave, Unit 2040
APARTMENT HOUSE (5+ UNITS)

2020 Monroe Ave, Salem, OH 44460-3459

Unit 2040
$4,025,000
Estimated value
13,728 sqft · 0.63 AC lot
View details
2060 2100th Monore Ave
APARTMENT HOUSE (5+ UNITS)

2060 2100th Monore Ave, Salem, OH 44460

$4,075,000
Estimated value
7,552 sqft · 0.92 AC lot
View details
2343-2345 Lexington Ave
APARTMENT HOUSE (5+ UNITS)

2343-2345 Lexington Ave, Salem, OH 44460

$1,130,000
Estimated value
18,695 sqft · 1.33 AC lot
View details
1080 Lincoln Ave
APARTMENT HOUSE (5+ UNITS)

1080 Lincoln Ave, Salem, OH 44460-1310

$610,000
Estimated value
20,850 sqft · 0.62 AC lot
View details
Lincoln S Ave
APARTMENT HOUSE (5+ UNITS)

Lincoln S Ave, Salem, OH 44460

Value Estimation by Request
3,704 sqft · 2.75 AC lot
View details
1264 Lincoln Ave
APARTMENT HOUSE (5+ UNITS)

1264 Lincoln Ave, Salem, OH 44460-3784

Value Estimation by Request
2,517 sqft · 0.44 AC lot
View details
1519 Lincoln Ave
APARTMENT HOUSE (5+ UNITS)

1519 Lincoln Ave, Salem, OH 44460-4248

$525,000
Estimated value
5,200 sqft · 4.09 AC lot
View details
Lexington Ave
APARTMENT HOUSE (5+ UNITS)

Lexington Ave, Salem, OH 44460

$735,000
Estimated value
7,358 sqft · 3.26 AC lot
View details
Continental Dr
APARTMENT HOUSE (5+ UNITS)

Continental Dr, Salem, OH 44460

Value Estimation by Request
4,974 sqft · 3.74 AC lot
View details

Salem, OH Apartment Buildings Market Trends and Statistics

Explore 17 apartment buildings for sale in Salem, OH on our real estate platform. These investment opportunities span a total of 14,694 square feet of properties for sale, with an estimated market value of $472,000.

Sale prices for two-family homes in Salem, OH start at $236,000, averaging $236,000, and reaching up to $236,000 — 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 25K
Population Growth (5Y) +0.1%
Median Household Income $59,882
College Educated 25.0%

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
44460 $236K

Taxes & Financing

Tax Rate (average for all types) 4.67%
Property Tax per SF $81.87 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Columbiana County

New Delisted

Total CRE Inventory on Market (SF)

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