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    Salem, NY Multifamily Properties for Sale

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    Argyle, NY Granville, NY Greenwich, NY
    Mixed-Use Building in Salem Village
    Updated: May 22
    Mixed-Use Building in Salem Village

    198 Main Street, Salem, NY 12865

    $249,777
    4,520 sqft · 0.15 AC lot
    Mixed‑use building in Salem village: 4 apartments above 2 vacant commercial spaces
    Residential rental income: $3,200/month; 1×2BR ($1,000/mo) and 3×1BR ($800/mo and $700/mo each)
    Refreshed in‑unit appliances: refrigerators and stoves replaced within the last 1–5 years across all units
    Hot water tanks in range of 1–5 years old; separate electric heat for the apartments
    Commercial spaces have a 2‑year‑old furnace; building capital improvements include new electric, windows, and roof replacements
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    Mixed-Use Building in Salem Village
    Updated: May 29
    Mixed-Use Building in Salem Village

    198 Main Street, Salem, NY 12865

    $249,777
    4,520 sqft · 0.15 AC lot
    Mixed‑use building with 4 apartments (one 2‑bedroom, three 1‑bedroom) above two vacant commercial spaces
    Residential rental income of $3,200/month: $1,000 for the 2‑bedroom, $800 for the main floor 1‑bedroom, and $700/month for each of the two third‑floor 1‑bedrooms
    Updated/refreshes reported: refrigerators and stoves replaced within the last 1–5 years across all units; hot water tanks 1–5 years old
    Commercial spaces include a furnace reported as 2 years old; separate electric heat for the apartments
    Capital improvements reported including new electric, new windows, and roof replacements on both the main and lower sections
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    Mixed-Use Building with Vacant Retail
    Mixed-Use Building with Vacant Retail

    198 MAIN ST, Salem, NY 12865

    $249,777
    4,520 sqft

    Four apartments above two vacant retail spaces offer a flexible live-work or income-producing setup on one property.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Salem, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Village Commercial Multifamily Property
    Village Commercial Multifamily Property

    3191 Route 30, Dorset, VT 05251

    $939,000
    3,031 sqft · 0.34 AC lot

    Five-unit residential building with private entrances and off-street parking in Dorset Village Commercial zoning.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    21 Ferry Street, Schuylerville, NY 12871

    $149,500
    2,338 sqft · 0.53 AC lot

    For sale three-unit property in need of extensive repair, offered as-is for renovation-focused buyers.

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    Dorset Village Multi-Unit Residence
    Dorset Village Multi-Unit Residence

    3191 Route 30, Dorset, VT 5251

    $939,000
    3,030 sqft · 0.34 AC lot

    Five-unit residence with commercial potential in Dorset Village.

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    Well-Maintained Duplex in Schuylerville
    Well-Maintained Duplex in Schuylerville

    34 Spring Street, Schuylerville, NY 12871

    $275,000
    1,920 sqft

    Duplex with strong rental potential or owner-occupancy opportunity.

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    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.

    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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    89 Acres Vacant Land Catskill
    89 Acres Vacant Land Catskill

    300 Game Farm Road, Catskill, NY 12414

    $899,900
    89.06 AC lot

    89 acres of vacant land near Catskill Game Farm.

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    Approved RV Park Development Land
    Approved RV Park Development Land

    L39 Flowers Way, Long Lake, NY 12847

    $439,000
    2.20 AC lot

    Approved development for a 6-unit RV park near Long Lake.

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    Approved RV Park Development Land
    Approved RV Park Development Land

    Long Lake, NY 12847

    $439,000
    2.20 AC lot

    Approved development for a 6-unit RV park with utilities.

    View details

    Off-Market Properties in Salem, NY

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

    4432 State Rte 29
    MOBILE HOME PARK, TRAILER PARK

    4432 State Rte 29, Salem, NY 12865-3637

    Value Estimation by Request
    672 sqft · 3.20 AC lot
    View details
    4031 State Rte 22
    MOBILE HOME PARK, TRAILER PARK

    4031 State Rte 22, Salem, NY 12865-3445

    Value Estimation by Request
    1,040 sqft · 15.56 AC lot
    View details
    Riley Hl Rd
    CAMPGROUND, RV PARK

    Riley Hl Rd, Salem, NY 12865

    Value Estimation by Request
    1,152 sqft · 84.60 AC lot
    View details

    Salem, NY Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Salem, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,560 square feet of properties for sale, with an estimated market value of $749,331.

    Sale prices for multifamily properties in Salem, NY start at $249,777, averaging $249,777, and reaching up to $249,777 — 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

    Apartment buildings 2
    Quadplexes 1

    Demographics Overview

    Population 3,353
    Population Growth (5Y) -9.1%
    Median Household Income $70,868
    College Educated 41.0%

    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
    12865 $249.8K

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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