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    Salem, OH
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    Salem, OH Apartment Buildings for Sale

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    Washingtonville, OH Leetonia, OH Columbiana, OH
    Leased Mixed-Use Investment Property
    $236,000
    7,347 SF

    Leased Mixed-Use Investment Property

    241 E State St, Salem, OH

    Fully leased mixed-use building with retail and apartment units.

    • 100% Leased: Provides immediate income.
    • Investment Property with Many Possibilities.
    • Leased Retail Space (1st Floor): Offers established tenant.
    • Multiple Rental Units (2nd & 3rd Floors): Includes two apartments and a studio apartment.
    • Front Parking: Convenient for retail customers and tenants.
    Updated: Aug 29, 2024
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    Downtown Salem Mixed-Use Investment Property
    $236,000
    7,347 SF

    Downtown Salem Mixed-Use Investment Property

    241 E State St, Salem, OH 44460

    Mixed-use property with retail and apartment units in Salem.

    • 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
    Updated: Jul 5, 2024
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    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 2 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.

    Historic Mixed-Use Building For Sale
    $475,000
    0.15 Acres

    Historic Mixed-Use Building For Sale

    Mixed-use building with commercial, residential, and gym spaces.

    Beaver, PA 15009
    View details
    Renovated Retail and Residential Units
    $1,310,000
    0.12 Acres

    Renovated Retail and Residential Units

    Fully renovated building with retail and residential units in Beaver.

    690 3rd Street, Beaver, PA 15009
    View details
    24-Unit Multifamily Investment Opportunity
    $2,000,000
    24,465 SF

    24-Unit Multifamily Investment Opportunity

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

    3100 Beal St NW, Warren, OH 44485
    View details
    Downtown Building Redevelopment Opportunity
    $1,200,000
    59,000 SF

    Downtown Building Redevelopment Opportunity

    Former bank headquarters suitable for redevelopment into offices or apartments.

    106 E Market St, Warren, OH 44481
    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.

    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
    View details
    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
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    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
    View details

    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

    500 4th St

    APARTMENT HOUSE (5+ UNITS) • 59,912 SF
    Value Estimation
    $4,150,000
    500 4th St, Salem, OH 44460-2994
    View details
    437 Continental Dr

    437 Continental Dr

    APARTMENT HOUSE (5+ UNITS) • 2,880 SF
    Value Estimation
    $1,285,000
    437 Continental Dr, Salem, OH 44460-2562
    View details
    1133 Prospect St

    1133 Prospect St

    APARTMENT HOUSE (5+ UNITS) • 2,016 SF
    Value Estimation
    $1,550,000
    1133 Prospect St, Salem, OH 44460-2077
    View details
    1264 Sese Blvd

    1264 Sese Blvd

    APARTMENT HOUSE (5+ UNITS) • 3,925 SF
    Value Estimation
    $805,000
    1264 Sese Blvd, Salem, OH 44460
    View details
    996 Perry St

    996 Perry St

    APARTMENT HOUSE (5+ UNITS) • 5,328 SF
    Value Estimation
    $1,030,000
    996 Perry St, Salem, OH 44460-3502
    View details
    2101 Monroe Ave, Unit 2399

    2101 Monroe Ave, Unit 2399

    APARTMENT HOUSE (5+ UNITS) • 7,696 SF
    Value Estimation
    $4,045,000
    2101 Monroe Ave, Salem, OH 44460-3466
    View details
    2140 Monroe Ave, Unit 2170

    2140 Monroe Ave, Unit 2170

    APARTMENT HOUSE (5+ UNITS) • 14,152 SF
    Value Estimation
    $4,050,000
    2140 Monroe Ave, Salem, OH 44460-3467
    View details
    2020 Monroe Ave, Unit 2040

    2020 Monroe Ave, Unit 2040

    APARTMENT HOUSE (5+ UNITS) • 13,728 SF
    Value Estimation
    $4,025,000
    2020 Monroe Ave, Salem, OH 44460-3459
    View details
    2060 2100th Monore Ave

    2060 2100th Monore Ave

    APARTMENT HOUSE (5+ UNITS) • 7,552 SF
    Value Estimation
    $4,075,000
    2060 2100th Monore Ave, Salem, OH 44460
    View details
    2343-2345 Lexington Ave

    2343-2345 Lexington Ave

    APARTMENT HOUSE (5+ UNITS) • 18,695 SF
    Value Estimation
    $1,130,000
    2343-2345 Lexington Ave, Salem, OH 44460
    View details
    1080 Lincoln Ave

    1080 Lincoln Ave

    APARTMENT HOUSE (5+ UNITS) • 20,850 SF
    Value Estimation
    $610,000
    1080 Lincoln Ave, Salem, OH 44460-1310
    View details
    Lincoln S Ave

    Lincoln S Ave

    APARTMENT HOUSE (5+ UNITS) • 3,704 SF
    Value Estimation by Request
    Lincoln S Ave, Salem, OH 44460
    View details
    1264 Lincoln Ave

    1264 Lincoln Ave

    APARTMENT HOUSE (5+ UNITS) • 2,517 SF
    Value Estimation by Request
    1264 Lincoln Ave, Salem, OH 44460-3784
    View details
    1519 Lincoln Ave

    1519 Lincoln Ave

    APARTMENT HOUSE (5+ UNITS) • 5,200 SF
    Value Estimation
    $525,000
    1519 Lincoln Ave, Salem, OH 44460-4248
    View details
    Lexington Ave

    Lexington Ave

    APARTMENT HOUSE (5+ UNITS) • 7,358 SF
    Value Estimation
    $735,000
    Lexington Ave, Salem, OH 44460
    View details
    Continental Dr

    Continental Dr

    APARTMENT HOUSE (5+ UNITS) • 4,974 SF
    Value Estimation by Request
    Continental Dr, Salem, OH 44460
    View details

    Salem, OH Apartment Buildings Investment Opportunities Market Analysis

    Explore 18 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 Strategic Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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