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    Salem, NH
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    Salem, NH Multifamily Properties for Sale

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    Windham, NH Haverhill, MA Methuen, MA Pelham, NH Derry, NH Hampstead, NH Lawrence, MA Atkinson, NH
    Two-Unit Residential Income Property
    Updated: Jul 7
    Two-Unit Residential Income Property

    16 School Street, Salem, NH 03079

    $699,000
    2,288 sqft
    Two‑story two‑family built in 1850 with separate unit layouts
    Unit mix includes a spacious 3‑bedroom unit and a 4‑bedroom unit
    Buyer to verify public‑record details; public record lists a 6‑bedroom two‑family with total 7 bedrooms per floor plans
    Large backyard plus a barn for additional storage or potential rental use
    Quiet neighborhood just steps from the elementary school and about a mile to Routes 93 and 495
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    This listing looks promising.

    Here's a quick look at some key insights for

    16 School Street, Salem, NH 03079

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $551K
      Suggested

    • Property Type

      Duplex
      Built 1850
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    Two-Family Waterfront Home
    Updated: May 6
    Two-Family Waterfront Home

    243 Shore Drive, Salem, NH 03079

    $1,350,000
    2,377 sqft 0.38 AC lot
    Two‑family home at 243 Shore Dr with direct access to Arlington Pond and water views.
    Located on private shores of Arlington Pond on a quiet private cove.
    Central air conditioning and forced air heating with propane heat.
    Heating includes oil and baseboard heat; on‑demand water heater.
    Year built 1950 with wood‑frame construction, vinyl siding, and fiberglass batt insulation.
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    Waterfront Two-Family Residence
    Waterfront Two-Family Residence

    243 Shore Dr, Salem, NH 03079

    $1,350,000

    Two-family waterfront home on private shores of Arlington Pond with direct pond access and water views.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, NH, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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

    13 Main Street, Plaistow, NH 03865

    $599,000
    1,294 sqft 0.83 AC lot

    Two rental units with separate kitchens and full baths, generating approximately $51,300 in annual gross rent.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    24-26 Thorndike St, Haverhill, MA 01832

    $775,000
    2,216 sqft 0.09 AC lot

    Triplex with three 3-bedroom, 1-bath units and over five off-street parking spaces.

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

    13 Main Street, Plaistow, NH 03865

    $599,000
    1,294 sqft 0.83 AC lot

    A two-unit building with separate full baths and kitchens, basement storage, and off-street parking on a sizable lot.

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    Haverhill Four-Unit Building For Sale
    Haverhill Four-Unit Building For Sale

    552 Washington St, Haverhill, MA 01832

    $604,900
    0.20 AC lot

    Four-unit building with updated units and ample parking.

    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.

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    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.

    View details
    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.

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    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

    View details

    Salem, NH Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Salem, NH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,665 square feet of properties for sale, with an estimated market value of $3,399,000.

    Sale prices for multifamily properties in Salem, NH start at $699,000, averaging $1,133,000, and reaching up to $1,350,000 — 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

    Demographics Overview

    Population 31K
    Population Growth (5Y) +5.2%
    Median Household Income $101,339
    College Educated 54.0%

    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
    03079 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $24.60 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rockingham 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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