Quadplex

Salem, NY Quadplexes for Sale

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Mixed-Use Building with Retail
Updated: May 29
Mixed-Use Building with Retail

198 Main Street, Salem, NY 12865

$249,777
4,520 sqft 0.15 AC lot
Mixed‑use building in Salem village with 4 apartments over 2 vacant commercial retail spaces
Apartment rental income totals $3,200/month: 1 two‑bedroom at $1,000/month and three one‑bedrooms at $800/month and $700/month each
Apartment updates include refreshed appliances/mechanicals: refrigerators and stoves replaced within the last 1–5 years; hot water tanks range from 1–5 years old
Commercial space has a 2‑year‑old furnace, and apartments have separate electric heat
Capital improvements include new electric, windows, and roof replacements on both the main and lower sections
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Mixed-Use Building with Vacant Retail
Updated: May 31
Mixed-Use Building with Vacant Retail

198 MAIN ST, Salem, NY 12865

Contact for pricing
4,520 sqft
Mixed‑use building with 4 apartments (one 2‑bedroom, three 1‑bedroom) above two vacant commercial retail spaces
4,520 SF building offers residential rental income of $3,200/month plus additional upside from leasing the retail spaces
Apartment rent details: 2‑bedroom $1,000/month; main floor 1‑bedroom $800/month; two third‑floor 1‑bedrooms $700/month each
Appliances and mechanicals updated: refrigerators and stoves replaced within last 1–5 years across all units
Hot water tanks replaced within last 1–5 years; commercial spaces include a furnace about 2 years old; separate electric heat in apartments
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Multifamily Property
Four-Unit Multifamily Property

938 VT Route 7A, Shaftsbury, VT 05262

$457,000
3,648 sqft 0.27 AC lot

Residentially zoned four-unit building with a varied unit mix of two 2-bedroom, one 3-bedroom, and one 1-bedroom unit.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

938 Vt Route 7a, Shaftsbury, VT 05262

$499,000
3,648 sqft

Four residential units feature a unit mix including 2-bedroom and 1-bedroom apartments, supporting diversified rental income.

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Mixed-Use Historic Carriage Barn
Mixed-Use Historic Carriage Barn

126 Washington Avenue, Bennington, VT 05201

$399,000
5,208 sqft 0.63 AC lot

Circa 1913 building with three apartments and a ground-floor retail space plus on-site parking on 0.63 acres.

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Four-Unit Apartment Building with Balconies
Four-Unit Apartment Building with Balconies

123 Bradford St, Bennington, VT 05201

$249,900

Four-unit apartment building with front and back porches and a balcony in Bennington, VT.

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Salem, NY Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Salem, NY on our real estate platform. These investment opportunities span a total of 9,040 square feet of properties for sale, with an estimated market value of $249,777.

Sale prices for four-unit buildings in Salem, NY average $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

Quadplexes 2
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 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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