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    Salem, NH
    Residential Income

    Salem, NH Residential Income Properties for Sale

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    Windham, NH Methuen, MA Pelham, NH
    Two-Unit Multi-Family Home
    Updated: Apr 21
    Two-Unit Multi-Family Home

    16 School Street, Salem, NH 03079

    $699,000
    2,288 sqft · 2.00 AC lot
    Two‑story two‑family with two separate units (includes a 3‑bedroom unit and a 4‑bedroom unit)
    Per public record: 6‑bedroom two‑family; floor plans indicate 3 bedrooms on the first floor and 4 on the second (buyer to verify)
    Large backyard plus a barn on the property for additional storage or possible rental potential
    Wood frame construction with vinyl siding; roof is shingle
    Open parking; utilities include cable available
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    This listing looks promising.

    Here's a quick look at some key insights for

    16 School Street, Salem, NH 03079

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $551K
      Suggested

    • Property Type

      Duplex
      Built 1850
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    Waterfront Two-Family Duplex
    Updated: May 6
    Waterfront Two-Family Duplex

    243 Shore Drive, Salem, NH 03079

    $1,350,000
    2,377 sqft · 0.38 AC lot
    Two‑family home on the private shores of Arlington Pond with water views and direct access to the pond
    Quiet private cove setting with waterfront access for boating, kayaking, and fishing from the backyard
    Built in 1950 with wood‑frame construction, vinyl siding, and fiberglass batt insulation
    Central air cooling plus forced‑air heating with oil and propane, and baseboard heat
    Well water source and on‑demand water heater; propane utilities
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    Salem NH Multifamily Investment Opportunity
    Salem NH Multifamily Investment Opportunity

    78 School St, Salem, NH 3079

    $1,500,000

    Well-maintained 8-unit apartment building with value-add potential.

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    Planned Residential Subdivision Land
    Planned Residential Subdivision Land

    6-18 Mary Anthony Drive, Salem, NH 03044

    $3,200,000
    29.00 AC lot

    Residentially zoned land with infrastructure in place for a 16-lot subdivision, including conservation-owned space and pond.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, NH, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Corner Lot Two-Family Residence
    Corner Lot Two-Family Residence

    50-52 Ashland Ave, Methuen, MA 1844

    $1,099,000

    Two apartments with three bedrooms each, upgraded heating, and parking for up to four cars.

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    Well-Maintained Three-Family Home
    Well-Maintained Three-Family Home

    7-9 Bennington St, Lawrence, MA 1841

    $799,999

    Three-unit property with strong rental potential in Lawrence, MA.

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    Lawrence Multifamily Investment Opportunity
    Lawrence Multifamily Investment Opportunity

    36 Manchester St, Lawrence, MA 1841

    $889,000
    5,072 sqft

    Three-story multifamily property in Lawrence, MA with income growth potential.

    View details
    Turn-Key Two-Family Home
    Turn-Key Two-Family Home

    65-1/2 Oakland Avenue, Methuen, MA 1844

    $745,000
    2,484 sqft

    Owner-occupy or invest in a flexible two-family with off-street parking and spacious yard space.

    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.

    Methuen Historic District Land Opportunity
    Methuen Historic District Land Opportunity

    281 Broadway, Methuen, MA 1844

    $750,000
    0.50 AC lot

    Half acre in historic district near I-93 and New Hampshire.

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    Haverhill Land with Lake Views
    Haverhill Land with Lake Views

    90 Amesbury Road, Haverhill, MA 01830

    $475,000
    3.97 AC lot

    Four acres of land with Kenoza Lake and Snow's Brook views.

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    Undeveloped Land in Derry, NH
    Undeveloped Land in Derry, NH

    12 Halls Village Road, Derry, NH 03038

    $3,000,000
    479.70 AC lot

    Almost 500 acres of undeveloped land in Derry, New Hampshire.

    View details
    Wooded Residential Land Parcel
    Wooded Residential Land Parcel

    39 Colby Road, Kingston, NH 03848

    $549,900
    13.05 AC lot

    13.05-acre wooded parcel with road frontage in Kingston, offering development, recreation, or potential subdivision into five lots.

    View details

    Salem, NH Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Salem, NH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,665 square feet of properties for sale, with an estimated market value of $2,049,000.

    Sale prices for residential income properties in Salem, NH start at $699,000, averaging $1,024,500, and reaching up to $1,350,000 — 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 3
    Duplexes 2
    Apartment buildings 1
    Single family properties 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +5.2%
    Median Household Income $101,339
    College Educated 54.0%

    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
    Salem $1.2M
    Fremont $3.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $24.60 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rockingham 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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    Most Searched ZIP Codes in Salem, NH

    • 03079
    • 03044

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