Investment Properties for Sale in Salem, MA

15 results

0 listings scored
Property at 39 Salem Street, Salem, MA 01970
1 / 17
Active

$995,000

39 Salem Street, Salem, MA 01970

9 bds
|
3 ba
|
3391 sqft
MLS® 735810123 Family
Horvath & Tremblay - Stephen Girolamo
Property at 393 Essex St, Salem, MA 01970
1 / 40
Active
Open

$1,875,000

393 Essex St, Salem, MA 01970

6 bds
|
6.5 ba
|
5345 sqft
MLS® 735804635+ Family - 5+ Units Up/Down
Gibson Sotheby's International Realty - Michael Selbst
Property at 5 Willow Ave, Salem, MA 01970
1 / 25
Active Under Contract

$875,000

5 Willow Ave, Salem, MA 01970

5 bds
|
3 ba
|
2229 sqft
MLS® 735784162 Family - 2 Units Up/Down
Compass - Strobeck Antonell Bull Group
Property at 233 Lafayette, Salem, MA 01970
1 / 22
Active

$7,699,000

233 Lafayette, Salem, MA 01970

32 bds
|
26 ba
|
17744 sqft
MLS® 735765675+ Family - 5+ Units Up/Down
Little & Co., REALTORS® - Francesca Little
Property at 21 Palmer St, Salem, MA 01970
1 / 23
Active

$1,999,000

21 Palmer St, Salem, MA 01970

20 bds
|
6 ba
|
7044 sqft
MLS® 735757095-9 Family
Realty ONE Group Cosmopolitan - Elsa Liu

What's actually happening in Salem right now?

Forget the national headlines. Get the hyper-local, street-level data on inventory, price drops, and true market value before you make an offer.

Property at 21 Jackson St, Salem, MA 01970
1 / 34
Active

$850,000

21 Jackson St, Salem, MA 01970

7 bds
|
2 ba
|
2918 sqft
MLS® 735708922 Family - 2 Units Up/Down
Coldwell Banker Realty - Marblehead - Jordan Ryan
Property at 1-7 Prince, Salem, MA 01970
1 / 22
Active

$1,275,000

1-7 Prince, Salem, MA 01970

8 bds
|
4 ba
|
3400 sqft
MLS® 735700044 Family
Little & Co., REALTORS® - Francesca Little
Property at 53 Cedar Street, Salem, MA 01970
1 / 26
Active

$799,000

53 Cedar Street, Salem, MA 01970

4 bds
|
2 ba
|
2247 sqft
MLS® 735639912 Family - 2 Units Up/Down
Sagan Harborside Sotheby's International Realty - Lynne Breed
Property at 15 1/2 Palmer, Salem, MA 01970
1 / 28
Active
Price

$899,000

15 1/2 Palmer, Salem, MA 01970

6 bds
|
3 ba
|
3968 sqft
MLS® 735562253 Family
Little & Co., REALTORS® - Francesca Little
Property at 8 Saunders St, Salem, MA 01970
1 / 41
Active Under Contract
Price

$1,249,900

8 Saunders St, Salem, MA 01970

9 bds
|
4 ba
|
4166 sqft
MLS® 735522854 Family
Herrick Lutts Realty Partners - Herrick Lutts Realty Partners
Property at 46 1/2 Essex St, Salem, MA 01970
1 / 18
Active
Price

$815,000

46 1/2 Essex St, Salem, MA 01970

5 bds
|
2 ba
|
1920 sqft
MLS® 73544671Multi Family
eXp Realty LLC - Donald Hardy
Property at 249 Loring Ave, Salem, MA 01970
1 / 21
Active
Price

$950,000

249 Loring Ave, Salem, MA 01970

6 bds
|
6 ba
|
3342 sqft
MLS® 735425042 Family - 2 Units Up/Down
Averbuch Realty - Alexander Barmin
Property at 18 Cliff Street, Salem, MA 01970
1 / 28
Active

$879,000

18 Cliff Street, Salem, MA 01970

6 bds
|
2 ba
|
2384 sqft
MLS® 735368062 Family - 2 Units Up/Down
Coldwell Banker Realty - Marblehead - Lindsey Mccarthy
Property at 18 Balcomb Street, Salem, MA 01970
1 / 29
Active

$1,700,000

18 Balcomb Street, Salem, MA 01970

8 bds
|
6 ba
|
4310 sqft
MLS® 735172522 Family - 2 Units Side by Side
Cameron Real Estate Group - Jackelyn Enslow
Property at 112 North St, Salem, MA 01970
1 / 32
Active

$899,000

112 North St, Salem, MA 01970

4 bds
|
2.5 ba
|
2955 sqft
MLS® 733774933 Family
Citylight Homes LLC - Steven Belesis

Estimates — not financial advice

This is a property-search tool for investors. Any financial figures shown are illustrative estimates — not an appraisal, guarantee, or investment advice. Verify independently and consult your own advisors.

Investing in Salem, MA: income properties at a glance

There are 15 multi-family and income properties for sale in Salem, MA right now. Each listing above is scored for estimated cap rate, cash flow and gross rent multiplier, using MLS-reported rents where the listing has them and HUD Small Area Fair Market Rents where it doesn't.

Income properties for sale
15
Median list price
$950,000

Among the 15 listings shown above

Median price per unit
$399,650

14 listings with a known unit count

Unit mix

  • 2-family: 6
  • 3-family: 3
  • 4-family: 2
  • 5+ units: 3

Returns are estimated at 25% down, a 7% 30-year mortgage, 20% operating expenses and 5% vacancy. Adjust the assumptions above to underwrite your own deal.