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    Salem, MA
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    Salem, MA Multifamily Properties for Sale

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    Historic Two-Family Duplex
    Updated: Jul 20
    Historic Two-Family Duplex

    5 Daniels St, Salem, MA 01970

    $949,900
    2,496 sqft 0.08 AC lot
    2,496‑square‑foot duplex on 0.0776 acres
    Two townhouse‑style units, each with 2 bedrooms
    Built in 1805 with hardwood floors and fireplaces
    Two‑car garage, driveway, and private patio
    Two new electric panels, 2 gas water heaters, and 2 gas‑fired boilers
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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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    Four-Unit Multifamily Building
    Four-Unit Multifamily Building

    8 Saunders St, Salem, MA 01970

    $1,249,900
    4,166 sqft

    Well-maintained four-unit multifamily property with three 2-bedroom units and one 3-bedroom unit.

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    1850 Duplex with Fenced Yard
    1850 Duplex with Fenced Yard

    46 1/2 Essex St, Salem, MA 01970

    $825,000
    1,920 sqft

    Two residential units provide varied layouts, private outdoor space, and on-site parking in Salem.

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    Historic Seven-Unit Residential Building
    Historic Seven-Unit Residential Building

    401 Essex, Salem, MA 01970

    $2,500,000
    4,997 sqft

    Brick seven-family property built in 1815 with renovated interiors, off-street parking, and a detached carriage house at the rear.

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    Duplex With Ocean Views
    Duplex With Ocean Views

    13-15 Saltonstall Parkway, Salem, MA 01970

    $1,200,000
    2,688 sqft

    Two-story property with updated interiors, separate living areas, and central air conditioning.

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    Updated Two-Unit Multifamily Property
    Updated Two-Unit Multifamily Property

    3 Chase Street, Salem, MA 01970

    $799,900
    3,378 sqft

    Three-story residence offers two layouts, permitted electrical upgrades, vehicle parking, and unfinished expansion space.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    249 Loring Ave, Salem, MA 01970

    $950,000
    3,342 sqft

    Two-level residences offer hardwood flooring, private utilities, updated heating systems, and dedicated parking with garage space.

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    Renovated Two-Unit Victorian Duplex
    Renovated Two-Unit Victorian Duplex

    18 Balcomb St, Salem, MA 01970

    $1,700,000
    4,310 sqft

    Historic two-residence property with townhouse-style layouts, private outdoor areas, and extensive system upgrades.

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    Historic Two-Unit Residential Income
    Historic Two-Unit Residential Income

    11 Barton St, Salem, MA 01970

    $849,900
    2,160 sqft

    Two-story multi-family built in 1821 with two full bathrooms per unit and a fireplace and beamed ceiling in the living area.

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    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    1-7 Prince, Salem, MA 01970

    $1,275,000
    3,400 sqft

    Four residential units feature renovated interiors, off-street parking, and basement storage.

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    Historic Six-Unit Multifamily Building
    Historic Six-Unit Multifamily Building

    395 Essex, Salem, MA 01970

    $1,795,000
    5,212 sqft

    Six apartments in a circa-1735 Georgian Colonial include updated gas heating and multiple original fireplaces.

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    Adjacent 6-Unit Apartment Buildings
    Adjacent 6-Unit Apartment Buildings

    8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970

    $4,200,000
    13,472 sqft

    Two adjacent 3-story, six-unit buildings offer separately metered utilities, on-site coin laundry, and parking with garages.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    364-366 Essex Street, Salem, MA 01970

    $2,200,000
    9,044 sqft 0.13 AC lot

    Two-building apartment property with a varied unit mix, off-street parking, and landlord-provided utilities.

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    Historic Two-Family Townhouse
    Historic Two-Family Townhouse

    5 Daniels St, Salem, MA 01970

    $949,900
    2,496 sqft

    Two separate townhouse units with updated kitchens, multiple baths, hardwood floors, fireplaces, laundry, and a large dry basement.

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    Adjacent 3-Story Six-Unit Apartment Buildings
    Adjacent 3-Story Six-Unit Apartment Buildings

    5 Ropes Street, Salem, MA 01970

    Contact for pricing
    19,720 sqft

    Two adjacent 3-story six-unit buildings with surface parking, 6-bay garages, coin laundry, and separately metered utilities.

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    Mixed-Use Building with Retail Tenant
    Mixed-Use Building with Retail Tenant

    112 North St, Salem, MA 01970

    $899,000

    Ground-floor commercial tenant with updated two-bedroom apartments on the second and third floors of a landmark building.

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    Six-Unit Multifamily Investment
    Six-Unit Multifamily Investment

    19 Palmer St, Salem, MA 01970

    $2,099,900

    Six-unit residential income property with a 4/1-bedroom and 3/1-bedroom unit mix plus on-site laundry and storage.

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    Three-Unit Deleaded Triplex
    Three-Unit Deleaded Triplex

    15 1/2 Palmer, Salem, MA 01970

    $899,000

    Occupied Salem property with shared outdoor space, covered porches, laundry, and parking for all units.

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    Historic Brick Seven-Unit Building
    Historic Brick Seven-Unit Building

    401 Essex, Salem, MA 01970

    $2,310,000

    Seven residential units in a renovated 1815 brick building with off-street parking for up to six vehicles.

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    Three-Family Residential Income Home
    Three-Family Residential Income Home

    1-3 Howard St, Salem, MA 01970

    $899,999

    Up/down three-family residence offered for sale, needing some TLC, with period charm and rental income potential.

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    Side-by-Side Townhouse Duplex
    Side-by-Side Townhouse Duplex

    23-25 Putnam St, Salem, MA 01970

    $825,000

    Duplex offers two townhouse-style units with private entrances, decks, basements, and separate utilities on a single lot.

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    Unoccupied Two-Family Duplex
    Unoccupied Two-Family Duplex

    16 Pleasant Street, Salem, MA 01970

    $825,000

    Vacant two-family duplex with two flexible 2–3 bedroom units, hardwood floors, fireplaces, basement laundry hookups, and off-street parking.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Salem, MA, we suggest to view alternatives - similar 7 Off-Market properties to explore as potential leads.

    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

    Salem, MA Multifamily Properties Market Trends and Statistics

    Explore 30 multifamily properties for sale in Salem, MA, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 89,243 square feet of properties for sale, with an estimated market value of $32,492,399.

    Sale prices for multifamily properties in Salem, MA start at $799,900, averaging $1,476,927, 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 11
    Apartment buildings 7
    Triplexes 3
    Quadplexes 2
    Short term rental properties 1

    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 $1.4M

    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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