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    Salem, MA
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    Salem, MA Multifamily Properties for Sale

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    Peabody, MA Beverly, MA Danvers, MA Marblehead, MA Lynn, MA Swampscott, MA Lynnfield, MA Wenham, MA
    6 properties
    Renovated Two-Family with In-Unit Laundry
    Updated: Jun 8
    Renovated Two-Family with In-Unit Laundry

    6-8 Harmony St, Salem, MA 01970

    $919,900
    3,162 sqft 0.13 AC lot
    Two‑family home built in 1910 in North Salem
    First‑floor unit: 2 bedrooms and 1 full bathroom with updated kitchen and bath
    Second‑floor unit with sun‑filled living spaces, renovated kitchen and bathroom, and in‑unit washer and dryer
    Third floor includes additional unrenovated rooms with potential for future expansion or customization
    Units include bedrooms and multiple bathrooms: Bedroom 1–4 and Bathroom 1–3
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    Mixed-Use Building with Restaurant
    Updated: Jun 30
    Mixed-Use Building with Restaurant

    13 Central Street, Salem, MA 01970

    $2,290,000
    6,442 sqft
    Three‑story mixed‑use building totaling 6,442 SF built in 1868
    Ground‑floor restaurant with residential apartments on the 2nd and 3rd floors
    Property is located in downtown Salem and occupies a historically significant site
    Site includes a historical marker recognizing The London Coffee House dating to 1698
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    Adjacent 6-Unit Multifamily Buildings
    Adjacent 6-Unit Multifamily Buildings

    8 Porter St Court, Salem, MA 01970

    $4,200,000
    13,472 sqft

    Two adjacent 3-story, 6-unit buildings offer separately metered utilities, laundry, and parking/garage revenue potential.

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    Salem Two-Family Home with Pool
    Salem Two-Family Home with Pool

    1 English St, Salem, MA 01970

    $850,000
    2,487 sqft 0.13 AC lot

    Two-family property in Salem with a private, fenced backyard.

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    17-Unit Multifamily Development Opportunity
    17-Unit Multifamily Development Opportunity

    64 Ward St, Salem, MA 01970

    $1,395,000

    Concept plans for studio through two-bedroom units, with potential Chapter 40R redevelopment in Salem.

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    Salem Two-Family Home For Sale
    Salem Two-Family Home For Sale

    8 Webb St, Salem, MA 01970

    $475,000

    Well-maintained two-family home in a desirable Salem location.

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 6 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    33 Warren St, Peabody, MA 01960

    $899,000
    3,341 sqft 0.16 AC lot

    Well-maintained 2-family home with two 5-room units, multiple bedrooms, and off-street parking plus a fenced side yard.

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    Mixed-Use Property in Downtown Danvers
    Mixed-Use Property in Downtown Danvers

    15 Cherry St, Danvers, MA 01923

    Contact for pricing
    4,500 sqft

    Mixed-use property with commercial and residential units in downtown Danvers.

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    Two-Family Residential Income Home
    Two-Family Residential Income Home

    31 Bates St, Danvers, MA 01923

    $949,900

    Immaculately maintained two-family residence with two separate units, central air, and in-unit laundry.

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    Approved Condominium Development Opportunity
    Approved Condominium Development Opportunity

    55 Pulaski St, Peabody, MA 01960

    $3,250,000

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

    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.

    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

    View details
    Wooded Land in Gorham, Maine
    Wooded Land in Gorham, Maine

    30 Boreal Drive, Gorham, ME 04038

    $425,000
    5.46 AC lot

    5+ acre wooded parcel near Gorham's downtown.

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    No-Zoning Land with Sand Deposits
    No-Zoning Land with Sand Deposits

    lovejoy brook Road, Canaan, NH 03784

    $1,900,000
    201.00 AC lot

    Large Canaan acreage offering no-zoning flexibility and sand and gravel deposits for a variety of development concepts.

    View details
    Residential Land in Rural Setting
    Residential Land in Rural Setting

    Lot 26C Jennings Road, Leeds, ME 04263

    $69,000
    307,098.00 AC lot

    7.05-acre lot in Leeds, Maine, ready for home plans.

    View details

    Off-Market Properties in Salem, MA

    Consider similar Off-Market properties in Salem, MA. 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.

    10 Howard St
    BOARDING/ROOMING HOUSE

    10 Howard St, Salem, MA 01970-3813

    $830,000
    Estimated value
    5,110 sqft 0.04 AC lot
    View details
    6 Monroe St
    BOARDING/ROOMING HOUSE

    6 Monroe St, Salem, MA 01970-3217

    $3,055,000
    Estimated value
    5,265 sqft 0.10 AC lot
    View details
    286 Washington St
    BOARDING/ROOMING HOUSE

    286 Washington St, Salem, MA 01970-3640

    $2,000,000
    Estimated value
    4,695 sqft 0.07 AC lot
    View details
    2 Howard St
    BOARDING/ROOMING HOUSE

    2 Howard St, Salem, MA 01970-6530

    $2,360,000
    Estimated value
    4,368 sqft 0.06 AC lot
    View details
    87 Congress St
    BOARDING/ROOMING HOUSE

    87 Congress St, Salem, MA 01970-5509

    $705,000
    Estimated value
    3,721 sqft 0.16 AC lot
    View details
    313 Essex St
    BOARDING/ROOMING HOUSE

    313 Essex St, Salem, MA 01970-3271

    $1,125,000
    Estimated value
    5,949 sqft 0.15 AC lot
    View details
    128 Brg St
    BOARDING/ROOMING HOUSE

    128 Brg St, Salem, MA 01970-3986

    $720,000
    Estimated value
    3,902 sqft 0.19 AC lot
    View details

    Salem, MA Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Salem, MA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 25,563 square feet of properties for sale, with an estimated market value of $8,259,900.

    Sale prices for multifamily properties in Salem, MA start at $850,000, averaging $2,064,975, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 2

    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 $1.5M

    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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