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    Salem, MA
    Residential Income

    Salem, MA Residential Income Properties for Sale

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    Historic Two-Family Duplex
    Updated: Jul 20
    Historic Two-Family Duplex

    5 Daniels St, Salem, MA 01970

    $949,900
    2,496 sqft 0.08 AC lot
    2,496‑square‑foot duplex on 0.0776 acres
    Two townhouse‑style units, each with 2 bedrooms
    Built in 1805 with hardwood floors and fireplaces
    Two‑car garage, driveway, and private patio
    Two new electric panels, 2 gas water heaters, and 2 gas‑fired boilers
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    Mixed-Use Building with Restaurant
    Updated: Jun 30
    Mixed-Use Building with Restaurant

    13 Central Street, Salem, MA 01970

    $1,899,000
    6,442 sqft
    Three‑story mixed‑use building totaling 6,442 SF built in 1868
    Ground‑floor restaurant with residential apartments on the 2nd and 3rd floors
    Property is located in downtown Salem and occupies a historically significant site
    Site includes a historical marker recognizing The London Coffee House dating to 1698
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    Four-Unit Multifamily Building
    Four-Unit Multifamily Building

    8 Saunders St, Salem, MA 01970

    $1,249,900
    4,166 sqft

    Well-maintained four-unit multifamily property with three 2-bedroom units and one 3-bedroom unit.

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    See what stands out in Essex County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    1850 Duplex with Fenced Yard
    1850 Duplex with Fenced Yard

    46 1/2 Essex St, Salem, MA 01970

    $825,000
    1,920 sqft

    Two residential units provide varied layouts, private outdoor space, and on-site parking in Salem.

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    Historic Seven-Unit Residential Building
    Historic Seven-Unit Residential Building

    401 Essex, Salem, MA 01970

    $2,310,000
    4,997 sqft

    Brick seven-family property built in 1815 with renovated interiors, off-street parking, and a detached carriage house at the rear.

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    Duplex With Ocean Views
    Duplex With Ocean Views

    13-15 Saltonstall Parkway, Salem, MA 01970

    $1,200,000
    2,688 sqft

    Two-story property with updated interiors, separate living areas, and central air conditioning.

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    Two-Unit Duplex with Porches
    Two-Unit Duplex with Porches

    53 Cedar St, Salem, MA 01970

    $799,000
    2,247 sqft 0.10 AC lot

    Well-maintained building with hardwood floors, a paved driveway, and private outdoor areas.

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    Updated Two-Unit Multifamily Property
    Updated Two-Unit Multifamily Property

    3 Chase Street, Salem, MA 01970

    $799,900
    3,378 sqft

    Three-story residence offers two layouts, permitted electrical upgrades, vehicle parking, and unfinished expansion space.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    249 Loring Ave, Salem, MA 01970

    $950,000
    3,342 sqft

    Two-level residences offer hardwood flooring, private utilities, updated heating systems, and dedicated parking with garage space.

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    Renovated Two-Unit Victorian Duplex
    Renovated Two-Unit Victorian Duplex

    18 Balcomb St, Salem, MA 01970

    $1,700,000
    4,310 sqft

    Historic two-residence property with townhouse-style layouts, private outdoor areas, and extensive system upgrades.

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    Historic Two-Unit Residential Income
    Historic Two-Unit Residential Income

    11 Barton St, Salem, MA 01970

    $849,900
    2,160 sqft

    Two-story multi-family built in 1821 with two full bathrooms per unit and a fireplace and beamed ceiling in the living area.

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    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    1-7 Prince, Salem, MA 01970

    $1,275,000
    3,400 sqft

    Four residential units feature renovated interiors, off-street parking, and basement storage.

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    Adjacent 6-Unit Apartment Buildings
    Adjacent 6-Unit Apartment Buildings

    8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970

    $4,200,000
    13,472 sqft

    Two adjacent 3-story, six-unit buildings offer separately metered utilities, on-site coin laundry, and parking with garages.

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    Historic Six-Unit Multifamily Building
    Historic Six-Unit Multifamily Building

    395 Essex, Salem, MA 01970

    $1,795,000
    5,212 sqft

    Six apartments in a circa-1735 Georgian Colonial include updated gas heating and multiple original fireplaces.

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    9-Unit Apartment Building
    9-Unit Apartment Building

    364-366 Essex Street, Salem, MA 01970

    $2,200,000
    9,044 sqft 0.13 AC lot

    Two-building apartment property with a varied unit mix, off-street parking, and landlord-provided utilities.

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    Historic Two-Family Townhouse
    Historic Two-Family Townhouse

    5 Daniels St, Salem, MA 01970

    $949,900
    2,496 sqft

    Two separate townhouse units with updated kitchens, multiple baths, hardwood floors, fireplaces, laundry, and a large dry basement.

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    Two-Family Home with Basement
    Two-Family Home with Basement

    24 Mason St, Salem, MA 01970

    $799,900
    3,214 sqft

    Vacant two-family residence with updated interiors, fenced yard, off-street parking, and full basement.

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    Adjacent 3-Story Six-Unit Apartment Buildings
    Adjacent 3-Story Six-Unit Apartment Buildings

    5 Ropes Street, Salem, MA 01970

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    19,720 sqft

    Two adjacent 3-story six-unit buildings with surface parking, 6-bay garages, coin laundry, and separately metered utilities.

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    Well-Maintained 6-Unit Multifamily
    Well-Maintained 6-Unit Multifamily

    33 Harbor Street, Salem, MA 01970

    $1,550,000

    Six-unit multifamily property with a recently upgraded boiler and coin-operated common-area laundry.

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    Six-Unit Multifamily Investment
    Six-Unit Multifamily Investment

    19 Palmer St, Salem, MA 01970

    $2,099,900

    Six-unit residential income property with a 4/1-bedroom and 3/1-bedroom unit mix plus on-site laundry and storage.

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    Three-Unit Deleaded Triplex
    Three-Unit Deleaded Triplex

    15 1/2 Palmer, Salem, MA 01970

    $899,000

    Occupied Salem property with shared outdoor space, covered porches, laundry, and parking for all units.

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    Three-Family Residential Income Home
    Three-Family Residential Income Home

    1-3 Howard St, Salem, MA 01970

    $899,999

    Up/down three-family residence offered for sale, needing some TLC, with period charm and rental income potential.

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    Penthouse Condo with Exposed Brick
    Penthouse Condo with Exposed Brick

    75 Summer St, Salem, MA 01970

    $464,900

    Sunny corner penthouse with exposed brick, in-unit laundry, and an eat-in kitchen with stainless steel appliances.

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    Side-by-Side Townhouse Duplex
    Side-by-Side Townhouse Duplex

    23-25 Putnam St, Salem, MA 01970

    $825,000

    Duplex offers two townhouse-style units with private entrances, decks, basements, and separate utilities on a single lot.

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    Salem, MA Residential Income Properties Market Trends and Statistics

    Explore 34 residential income properties for sale in Salem, MA, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 94,704 square feet of properties for sale, with an estimated market value of $33,184,199.

    Sale prices for residential income properties in Salem, MA start at $379,000, averaging $1,276,315, and reaching up to $4,200,000 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 25
    Duplexes 12
    Apartment buildings 7
    Triplexes 3
    Quadplexes 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    01970 $1.3M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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