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    Salem, OH
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    Salem, OH Multifamily Properties for Sale

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    Washingtonville, OH Leetonia, OH Hanoverton, OH
    Charming Duplex in Salem, Ohio
    $117,900
    1,468 SF

    Charming Duplex in Salem, Ohio

    559 E Perry Street, Salem, OH 44460

    Up-and-down duplex with conversion potential and separate utilities.

    • Convertible: Easily convert from a duplex to a single‑family home by removing a wall.
    • Income Potential: Rent both units, or live in one and rent the other.
    • Updated First Floor Unit: Features fresh paint, new flooring, carpet, living room and bedroom windows, and lighting.
    • New Windows: Enjoy new windows in the upstairs unit (except entryway) and new windows in the downstairs living room and bedroom.
    • Separate Utilities: Each unit has separate utilities.
    Updated: Nov 23, 2025
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    Salem Duplex: Income Potential
    $168,520
    0.16 Acres

    Salem Duplex: Income Potential

    629 E 6th Street, Salem, OH 44460

    Brick duplex in move-in condition with strong rental appeal.

    • Excellent income potential as a brick side‑by‑side duplex.
    • Two move‑in ready units, suitable for investors or owner‑occupants.
    • Convenient location close to town and local amenities.
    • Separate utilities for each unit.
    • Each unit features a versatile third bedroom/home office and first‑floor laundry.
    Updated: Mar 12
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    Versatile Estate with Remodeled Bank Barn
    $1,135,000
    5,500 SF

    Versatile Estate with Remodeled Bank Barn

    20-acre estate featuring a farmhouse and remodeled bank barn.

    5984 W South Range Rd, Salem, OH 44460
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    Leased Mixed-Use Investment Property
    $236,000
    7,347 SF

    Leased Mixed-Use Investment Property

    Fully leased mixed-use building with retail and apartment units.

    241 E State St, Salem, OH
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    Downtown Salem Mixed-Use Investment Property
    $236,000
    7,347 SF

    Downtown Salem Mixed-Use Investment Property

    Mixed-use property with retail and apartment units in Salem.

    241 E State St, Salem, OH 44460
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    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 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.

    Updated Duplex in Youngstown, OH
    $375,000
    2,716 SF

    Updated Duplex in Youngstown, OH

    Stunning, updated duplex with modern amenities and strong rental income.

    321 Meadowbrook Avenue, Youngstown, OH 44512
    View details
    Historical Duplex Investment Opportunity
    $235,000
    3,104 SF

    Historical Duplex Investment Opportunity

    Charming duplex with vintage appeal, perfect for investors or homeowners.

    328-330 E Washington Street, Lisbon, OH 44432
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    Mixed-Use Investment Opportunity in Lisbon
    $450,000
    0.18 Acres

    Mixed-Use Investment Opportunity in Lisbon

    Fully occupied mixed-use property with eight income-producing units in Lisbon, Ohio.

    9 S Park Avenue, Lisbon, OH 44432
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    Mixed-Use Property | 2,505 SqFt
    $164,900
    2,505 SF

    Mixed-Use Property | 2,505 SqFt

    Mixed-use property featuring 2,505 SqFt of commercial real estate.

    4717 Market St, Youngstown, OH 44512
    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.

    Wintersville Land For New Development
    $98,000
    3.92 Acres

    Wintersville Land For New Development

    Nearly 4 acres ideal for housing or commercial development.

    601 County Road 34, Wintersville, OH 43953
    View details
    Residential Lot in Vernon Township
    $37,500
    0.63 Acres

    Residential Lot in Vernon Township

    0.63 acre residential lot with utilities in Vernon Township, PA.

    10312 PERRY Highway, Meadville, PA 16335
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    Eastlake Marina District Land
    $765,000
    5.66 Acres

    Eastlake Marina District Land

    5.66 acres in Eastlake's Marina District, primed for development.

    35783 Lake Shore Boulevard, Eastlake, OH 44095
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    Land Ready for Development
    $275,000
    8.00 Acres

    Land Ready for Development

    8-acre land parcel zoned for mobile home park.

    1, Smithfield, PA 15478
    View details

    Off-Market Properties in Salem, OH

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

    500 4th St
    APARTMENT HOUSE (5+ UNITS)
    59,912 SF Lot: 2.17 Acres
    Estimated value
    $4,150,000

    500 4th St, Salem, OH 44460-2994

    View details
    29549 Salem Alliance Rd
    MOBILE HOME PARK, TRAILER PARK
    2,380 SF Lot: 14.60 Acres
    Value Estimation by Request

    29549 Salem Alliance Rd, Salem, OH 44460-9774

    View details
    437 Continental Dr
    APARTMENT HOUSE (5+ UNITS)
    2,880 SF Lot: 6.11 Acres
    Estimated value
    $1,285,000

    437 Continental Dr, Salem, OH 44460-2562

    View details
    1133 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    2,016 SF Lot: 7.65 Acres
    Estimated value
    $1,550,000

    1133 Prospect St, Salem, OH 44460-2077

    View details
    1264 Sese Blvd
    APARTMENT HOUSE (5+ UNITS)
    3,925 SF Lot: 4.90 Acres
    Estimated value
    $805,000

    1264 Sese Blvd, Salem, OH 44460

    View details
    996 Perry St
    APARTMENT HOUSE (5+ UNITS)
    5,328 SF Lot: 6.23 Acres
    Estimated value
    $1,030,000

    996 Perry St, Salem, OH 44460-3502

    View details
    2101 Monroe Ave, Unit 2399
    APARTMENT HOUSE (5+ UNITS)
    7,696 SF Lot: 1.75 Acres
    Estimated value
    $4,045,000
    Unit 2399

    2101 Monroe Ave, Salem, OH 44460-3466

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    2140 Monroe Ave, Unit 2170
    APARTMENT HOUSE (5+ UNITS)
    14,152 SF Lot: 0.95 Acres
    Estimated value
    $4,050,000
    Unit 2170

    2140 Monroe Ave, Salem, OH 44460-3467

    View details
    2020 Monroe Ave, Unit 2040
    APARTMENT HOUSE (5+ UNITS)
    13,728 SF Lot: 0.63 Acres
    Estimated value
    $4,025,000
    Unit 2040

    2020 Monroe Ave, Salem, OH 44460-3459

    View details
    2060 2100th Monore Ave
    APARTMENT HOUSE (5+ UNITS)
    7,552 SF Lot: 0.92 Acres
    Estimated value
    $4,075,000

    2060 2100th Monore Ave, Salem, OH 44460

    View details
    2343-2345 Lexington Ave
    APARTMENT HOUSE (5+ UNITS)
    18,695 SF Lot: 1.33 Acres
    Estimated value
    $1,130,000

    2343-2345 Lexington Ave, Salem, OH 44460

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    28251 Georgetown Rd
    CAMPGROUND, RV PARK
    910 SF Lot: 15.00 Acres
    Value Estimation by Request

    28251 Georgetown Rd, Salem, OH 44460-9554

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    1080 Lincoln Ave
    APARTMENT HOUSE (5+ UNITS)
    20,850 SF Lot: 0.62 Acres
    Estimated value
    $610,000

    1080 Lincoln Ave, Salem, OH 44460-1310

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    12205 Goshen Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.77 Acres
    Value Estimation by Request

    12205 Goshen Rd, Salem, OH 44460-9174

    View details
    410 Benton Rd
    MOBILE HOME PARK, TRAILER PARK
    2,112 SF Lot: 5.30 Acres
    Value Estimation by Request

    410 Benton Rd, Salem, OH 44460-2076

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    33807 Winona Rd
    CAMPGROUND, RV PARK
    512 SF Lot: 36.12 Acres
    Value Estimation by Request

    33807 Winona Rd, Salem, OH 44460-9009

    View details
    Lincoln S Ave
    APARTMENT HOUSE (5+ UNITS)
    3,704 SF Lot: 2.75 Acres
    Value Estimation by Request

    Lincoln S Ave, Salem, OH 44460

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    1264 Lincoln Ave
    APARTMENT HOUSE (5+ UNITS)
    2,517 SF Lot: 0.44 Acres
    Value Estimation by Request

    1264 Lincoln Ave, Salem, OH 44460-3784

    View details
    1519 Lincoln Ave
    APARTMENT HOUSE (5+ UNITS)
    5,200 SF Lot: 4.09 Acres
    Estimated value
    $525,000

    1519 Lincoln Ave, Salem, OH 44460-4248

    View details

    Salem, OH Multifamily Properties Investment Opportunities Market Analysis

    Explore 27 multifamily properties for sale in Salem, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 21,662 square feet of properties for sale, with an estimated market value of $1,724,900.

    Sale prices for multifamily properties in Salem, OH start at $117,900, averaging $431,225, and reaching up to $1,135,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Apartment buildings 2
    Duplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +0.1%
    Median Household Income $59,882
    College Educated 25.0%

    High-Yield Neighborhoods for 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
    44460 $414.4K

    Taxes & Financing

    Tax Rate (average for all types) 4.67%
    Property Tax per SF $81.87 per sq ft
    Average Loan-to-Value 65.0%

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