Salem, NY
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    Salem, NY Multifamily Properties for Sale

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    Argyle, NY Granville, NY Hartford, NY
    Two-Unit Property with Business Potential
    $399,000
    1,432 SF

    Two-Unit Property with Business Potential

    123 S Main Street, Salem, NY 12865

    Two-unit property with acreage and business potential in Salem.

    • Immediate income potential from two units.
    • Large, versatile garage/workshop suitable for business operations or storage.
    • 2.4 acres of land with subdivision and additional building potential.
    • High demand rental area.
    • Ideal for owner‑occupant/business combination.
    Updated: Apr 10
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    Mixed-Use Property in Historic Salem
    $259,000
    5,022 SF

    Mixed-Use Property in Historic Salem

    217 N Main Street, Salem, NY 12865

    Mixed-use property with storefronts and apartments in Salem, NY.

    • Prime location in the heart of historic Salem offering high visibility.
    • Mixed‑use property with two storefronts and two apartments, providing diverse income streams.
    • Excellent investment or owner‑occupant opportunity with rental income potential.
    • Separate utilities for each unit.
    • Two spacious apartments: Unit 1 (3 beds, potential 4th), Unit 2 (large 1 bed, potential 2nd).
    Updated: Jun 23, 2025
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 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.

    Mixed-Use Investment Opportunity
    $320,000
    3,940 SF

    Mixed-Use Investment Opportunity

    Mixed-use building with commercial and residential income in Schuylerville.

    21 Broad Street, Schuylerville, NY 12871
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    Fort Edward Multi-Family Investment
    $119,900
    1,761 SF

    Fort Edward Multi-Family Investment

    Three-unit multi-family property with a double lot.

    27-29 Taylor Street, Fort Edward, NY 12828
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    Mixed-Use Building in Schuylerville Village
    $320,000
    706 SF

    Mixed-Use Building in Schuylerville Village

    Mixed-use property with retail space and residential units.

    21 Broad Street, Schuylerville, NY 12871
    View details
    Fort Edward Land Investment Opportunity
    $349,900
    15.16 Acres

    Fort Edward Land Investment Opportunity

    15+ acre parcel zoned for mobile home land-lease community.

    L1.1 Drifting Ridge Road, Fort Edward, NY 12828
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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.

    Approved RV Park Development Land
    $439,000
    2.20 Acres

    Approved RV Park Development Land

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

    L39 Off Flowers Way, Long Lake, NY 12847
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    Approved RV Park Development Land
    $439,000
    2.20 Acres

    Approved RV Park Development Land

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

    Long Lake, NY 12847
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    Cleared Acre with Utilities
    $32,500
    1.00 Acre

    Cleared Acre with Utilities

    One-acre cleared lot with existing electric and septic system.

    899 Clintonville Road, Peru, NY 12972
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    Laconia Land with Development Potential
    $1,245,000
    40.59 Acres

    Laconia Land with Development Potential

    40.59-acre property with development potential and a charming ranch-style home.

    358 Roller Coaster Road, Laconia, NH 03246
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    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

    4432 State Rte 29

    MOBILE HOME PARK, TRAILER PARK • 672 SF
    Value Estimation by Request
    4432 State Rte 29, Salem, NY 12865-3637
    View details
    4031 State Rte 22

    4031 State Rte 22

    MOBILE HOME PARK, TRAILER PARK • 1,040 SF
    Value Estimation by Request
    4031 State Rte 22, Salem, NY 12865-3445
    View details
    Riley Hl Rd

    Riley Hl Rd

    CAMPGROUND, RV PARK • 1,152 SF
    Value Estimation by Request
    Riley Hl Rd, Salem, NY 12865
    View details

    Salem, NY Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Salem, NY on our real estate platform. These investment opportunities span a total of 6,454 square feet of properties for sale, with an estimated market value of $658,000.

    Sale prices for multifamily properties in Salem, NY start at $259,000, averaging $329,000, and reaching up to $399,000 — 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

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    12865 $329K

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