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    Salem, MA Residential Income Properties for Sale

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    Peabody, MA Beverly, MA Danvers, MA
    8 results
    Salem Two-Family Home with Pool
    $850,000
    2,487 SF
    Salem Two-Family Home with Pool

    1 English St, Salem, MA 01970

    Two-family Salem property with pool, near downtown and transit.
    • In‑ground swimming pool - a rare amenity in the area.
    • Desirable coastal neighborhood location minutes from downtown Salem, MBTA Commuter Rail, parks, university, and shoreline.
    • Two‑family property offering nearly 2,500 sq ft of living space with versatile layouts.
    • Private, fenced backyard on a 5,558 sq ft lot.
    • Off‑street parking.
    Updated: Apr 21
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    Salem Two-Family Home For Sale
    $475,000
    Salem Two-Family Home For Sale

    8 Webb St, Salem, MA 1970

    Well-maintained two-family home in a desirable Salem location.
    • Prime Salem location close to shopping, dining, parks, and historic attractions.
    • Two spacious units, each with 2 bedrooms and 1 full bathroom.
    • Well‑maintained property offering comfortable layouts with generous living space and abundant natural light.
    • Private driveway providing valuable off‑street parking.
    • Excellent walkability score (92) indicating a "Walker's Paradise".
    Updated: Apr 24
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    Income-Producing Four-Unit Asset
    $1,100,000
    4,394 SF
    Income-Producing Four-Unit Asset

    Four-unit property with income potential near Canal Street.

    101 Ocean Avenue, Salem, MA 1970

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    Salem Two-Family Home with Pool
    $850,000
    2,487 SF
    Salem Two-Family Home with Pool

    Two-family property in Salem with a private, fenced backyard.

    1 English St, Salem, MA 1970

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    Adjacent 6-Unit Multifamily Buildings
    $4,200,000
    13,472 SF
    Adjacent 6-Unit Multifamily Buildings

    Two adjacent 3-story, 6-unit buildings offer separately metered utilities, laundry, and parking/garage revenue potential.

    8 Porter St Court, Salem, MA 1970

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    17-Unit Multifamily Development Opportunity
    $1,395,000
    17-Unit Multifamily Development Opportunity

    Concept plans for studio through two-bedroom units, with potential Chapter 40R redevelopment in Salem.

    64 Ward St, Salem, MA 1970

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    Spacious Mixed-Use Property in Salem
    $2,500,000
    0.30 Acres
    Spacious Mixed-Use Property in Salem

    Large mixed-use property with development potential in downtown Salem.

    11 Summer St, Salem, MA 1970

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    Income-Producing Four-Unit Asset
    $1,100,000
    4,394 SF
    Income-Producing Four-Unit Asset

    Four-unit property with income potential near Canal Street.

    101 Ocean Avenue, Salem, MA 1970

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    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 8 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

    Two-Family Home with Attached Garage
    $945,000
    3,341 SF
    Two-Family Home with Attached Garage

    Well-maintained two-unit residence with attached garage, ample off-street parking, and a fenced side yard.

    33 Warren St, Peabody, MA 01960

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    Beverly Three-Family Investment Opportunity
    $1,025,000
    Beverly Three-Family Investment Opportunity

    Well-maintained three-family property near beaches, parks, and downtown.

    36 Stone St, Beverly, MA 1915

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    Well-Maintained Three-Family Property
    $1,025,000
    1,819 SF
    Well-Maintained Three-Family Property

    Three-family property in desirable location near beaches, parks, and transit.

    36 Stone St, Beverly, MA 1915

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    Approved Condominium Development Opportunity
    $3,250,000
    Approved Condominium Development Opportunity

    Approved 22-unit condominium project near Route 114 in Peabody.

    55 Pulaski St, Peabody, MA 1960

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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.

    Salem Development Opportunity
    $1,395,000
    Salem Development Opportunity

    Development opportunity in Salem with multifamily concept plans.

    64 Ward St, Salem, MA 1970

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    Residential Land in Topsfield, MA
    $684,900
    0.96 Acres
    Residential Land in Topsfield, MA

    Build-ready lot in a convenient cul-de-sac subdivision.

    4 Ruby Circle, Topsfield, MA 01983

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    Residential Land in East Boxford
    $425,000
    6.27 Acres
    Residential Land in East Boxford

    6.27 acre lot with approved septic plans.

    20-B Wildmeadow Road, Boxford, MA 01921

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    Orient Heights Development Opportunity
    $3,499,000
    Orient Heights Development Opportunity

    Development project near MBTA Blue Line with city approvals.

    2 Ford St., Boston, MA 2128

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    Off-Market Properties in Salem, MA

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

    10 Howard St
    BOARDING/ROOMING HOUSE
    5,110 SF Lot: 0.04 Acres
    Estimated value
    $830,000

    10 Howard St, Salem, MA 01970-3813

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    6 Monroe St
    BOARDING/ROOMING HOUSE
    5,265 SF Lot: 0.10 Acres
    Estimated value
    $3,055,000

    6 Monroe St, Salem, MA 01970-3217

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    286 Washington St
    BOARDING/ROOMING HOUSE
    4,695 SF Lot: 0.07 Acres
    Estimated value
    $2,000,000

    286 Washington St, Salem, MA 01970-3640

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    2 Howard St
    BOARDING/ROOMING HOUSE
    4,368 SF Lot: 0.06 Acres
    Estimated value
    $2,360,000

    2 Howard St, Salem, MA 01970-6530

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    87 Congress St
    BOARDING/ROOMING HOUSE
    3,721 SF Lot: 0.16 Acres
    Estimated value
    $705,000

    87 Congress St, Salem, MA 01970-5509

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    313 Essex St
    BOARDING/ROOMING HOUSE
    5,949 SF Lot: 0.15 Acres
    Estimated value
    $1,125,000

    313 Essex St, Salem, MA 01970-3271

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    128 Brg St
    BOARDING/ROOMING HOUSE
    3,902 SF Lot: 0.19 Acres
    Estimated value
    $720,000

    128 Brg St, Salem, MA 01970-3986

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    Salem, MA Residential Income Properties Investment Opportunities Market Analysis

    Explore 15 residential income properties for sale in Salem, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 13,762 square feet of properties for sale, with an estimated market value of $3,900,000.

    Sale prices for residential income properties in Salem, MA start at $850,000, averaging $975,000, and reaching up to $1,100,000 — 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

    Multifamily properties 8
    Apartment buildings 3
    Duplexes 3
    Quadplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Salem fall within the 100,000+ square foot range.

    Demographics Overview

    Population 44K
    Population Growth (5Y) +2.2%
    Median Household Income $85,189
    College Educated 35.2%

    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
    01970 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $33.59 per sq ft
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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