Investment Properties for Sale in Salem, MA

11 results

0 listings scored
Property at 46 1/2 Essex St, Salem, MA 01970
1 / 18
Active Under Contract
Price

$799,000

46 1/2 Essex St, Salem, MA 01970

5 bds
|
2 ba
|
1920 sqft
MLS® 73544671Multi Family
eXp Realty LLC - Donald Hardy
Property at 8 West Ave, Salem, MA 01970
1 / 27
Active

$775,000

8 West Ave, Salem, MA 01970

6 bds
|
3 ba
|
2981 sqft
MLS® 735950873 Family
Five Star Realty Group - Janet Howcroft
Property at 19 Nichols, Salem, MA 01970
1 / 22
Active Under Contract

$925,000

19 Nichols, Salem, MA 01970

9 bds
|
4 ba
|
4420 sqft
MLS® 735949963 Family
Little & Co., REALTORS® - Francesca Little
Property at 4 Upham St, Salem, MA 01970
1 / 37
Active

$725,000

4 Upham St, Salem, MA 01970

6 bds
|
2.5 ba
|
2909 sqft
MLS® 73589214Multi Family
North Shore Realty - Jennifer L. Ward
Property at 32 Park St, Salem, MA 01970
1 / 26
Active Under Contract

$829,000

32 Park St, Salem, MA 01970

9 bds
|
3 ba
|
2345 sqft
MLS® 735923873 Family
Herrick Lutts Realty Partners - Farrar Realty Group

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 2-4 Saunders St, Salem, MA 01970
1 / 30
Active
Open

$1,625,000

2-4 Saunders St, Salem, MA 01970

8 bds
|
6.5 ba
|
5795 sqft
MLS® 735924355+ Family - 5+ Units Up/Down
North Shore Realty Advisors - Dan Pouladian
Property at 233 Lafayette, Salem, MA 01970
1 / 22
Active
Price

$7,599,000

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 5 Willow Ave, Salem, MA 01970
1 / 25
Active
Price

$845,000

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 18 Cliff Street, Salem, MA 01970
1 / 28
Active
Price

$849,000

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
Price

$1,598,000

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 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
Gibson Sotheby's International Realty - Lynne Breed

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 11 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
11
Median list price
$845,000

Among the 11 listings shown above

Median price per unit
$399,500

9 listings with a known unit count

Unit mix

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

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.