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3-Family Multifamily Property
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4 Dearborn St, Salem, MA 01970

Multi-unit residence with hardwood flooring, generous storage, and bright interiors near Salem State and Forest River Park.

Property SizeContact for details
Days on Market144

Property Features for 4 Dearborn St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3
Listing Agency: KAD Homes
Listed By: Amy Elwell · License #MA 9552070
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KAD Homes

Investment Insights

Based on property information with market context.

This three-family residential property includes multiple units with hardwood flooring, ample storage, and numerous windows that bring natural light into the interiors. The configuration supports either an income-producing ownership strategy or an owner-occupied arrangement, as described for the property.

Located at 4 Dearborn St in Salem, Massachusetts, the property is near Salem State and Forest River Park.

Key Highlights

  • Three‑family residential property at 4 Dearborn St, Salem, MA 01970
  • Hardwood flooring throughout the units
  • Numerous windows provide abundant natural light

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Locksmith Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Butcher Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,400
Businesses Nearby

Demographics for 01970, MA

44,451
Population
20,920
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
92%
High-School Grad
8.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$85,189
Median Household Income
$52,024
Median Earnings
$1,800
Median Rent
$497,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-unit residence with hardwood flooring, generous storage, and bright interiors near Salem State and Forest River Park.
Where is this multifamily property located?
The property is located at 4 Dearborn St Salem, MA.
What are key features of this property?
This property features: Three‑family residential property at 4 Dearborn St, Salem, MA 01970; Hardwood flooring throughout the units; Numerous windows provide abundant natural light
More about this property
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