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Multi Family Homes in Salem

View current listings for multi family homes in Salem below. You may also be interested in browsing North Shore multi family homes.

Search Multi Family Homes for Sale in Salem Massachusetts

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8-8.5 Herbert Street Salem MA 01970

Salem, MA8-8.5 Herbert Street

Price$2,049,000

Est. Mortgage: $/month

MLS Number 73366028

  • MultiFamily
  • Bedrooms 9
  • Bathroom 9
  • Square Feet 7,452
  • Property SubType 5-9 Family

We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and management efficiencies. The property features unique finishes due to the historic nature offering residents a unique product in the area. The property is ideally located in a quiet residential neighborhood that is a short walk to Salem Harbor and other local attractions such as the restaurants and boutiques that make up the area.

Listed by Kevin Benzinger and Christopher Hatem of Boston Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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33 Harbor Street Salem MA 01970

Salem, MA33 Harbor Street

Price$1,849,000

Est. Mortgage: $/month

MLS Number 73354049

  • MultiFamily
  • Bedrooms 16
  • Bathroom 6
  • Square Feet 6,345

We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential neighborhood that provides easy access to the local public and transportation and is a short walk to Salem Harbor.

Listed by Kevin Benzinger and Christopher Hatem of Boston Realty Advisors

$
$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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13-15 Ocean Terrace Salem MA 01970

Salem, MA13-15 Ocean Terrace

Price$1,399,999

Est. Mortgage: $/month

Open House

MLS Number 73402986

  • MultiFamily
  • Next Open House: Mon 07/14 5:30 pm. to 6:30 pm.
  • Bedrooms 7
  • Bathroom 5
  • Square Feet 3,647

Wake up to the sound of the ocean and watch the sunrise from your window-this is everyday life at this rare 4-family home in Salem's beloved Forest River Park neighborhood. With ocean views from nearly every room, this property offers the perfect blend of lifestyle and income. The flexible layout features three bright and efficient 1-bedroom, 1-bath units, plus a sun-filled 3-4 bedroom, 2-bath townhouse-style unit-ideal for owner-occupancy or maximizing rental potential. Enjoy two updated kitchens, several refreshed baths, beautiful hardwood floors, and a roof replaced less than 3 years ago. With five off-street parking spots and a shared yard, outdoor living is just as appealing as the view. Enjoy mornings at Forest River Park, spend weekends on nearby beaches, and explore downtown Salem's shops, restaurants, and culture-all just minutes from your door. Whether you're building a portfolio or dreaming of coastal living with bonus income, this one-of-a-kind property delivers.

Listed by Shannon McInnis of Keller Williams Realty Evolution

$
$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

11 Barr Street Salem MA 01970

Salem, MA11 Barr Street

Price$1,050,000

Est. Mortgage: $/month

MLS Number 73389555

  • MultiFamily
  • Bedrooms 6
  • Bathroom 3
  • Square Feet 3,044
  • Parking Spaces 2

Outstanding opportunity to own a well-maintained three-family property in the highly sought-after North Salem neighborhood. This classic multi-family offers three spacious units with separate utilities, off-street parking, and a strong rental history. Located just minutes from downtown Salem, the commuter rail, shops, and restaurants, the property is ideal for both investors and owner-occupants. First floor unit will be delivered vacant, providing flexibility for immediate occupancy or rental upside. A rare chance to secure a solid income-producing asset in a prime location. No Showings until first open house Saturday 6/14 11am-1pm

Listed by Jordan Ryan of Keller Williams Realty Evolution

$
$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

3 Saltonstall Parkway Salem MA 01970

Salem, MA3 Saltonstall Parkway

Price$928,125

Est. Mortgage: $/month

MLS Number 73401360

  • MultiFamily
  • Bedrooms 4
  • Bathroom 2
  • Square Feet 2,474
  • Parking Spaces 4

Keep cool with 2 a/c'd units on one of Salem's most prestige locations. A beautiful dead end, tree lined street with ocean breezes from the end of the street. Close to the famous Pickering Wharf, close to the many downtown gourmet restaurants, Peabody Essex Museum, Forest River Park (with beaches, pools and walking trails) and many historical sights. The train and public trans are within walking distance. The first Floor and second floor have a back screened in porches, 2nd fl also has an open deck for great sun! Each apt has a fireplace. This house is in move in condition or ready to rent! The grounds are beautifully landscaped with a Beacon Hill style backyard. Building has a great rental history. The heating systems and hot water tanks are a few years old. Both units have central air conditioning. Owner's pride shows with the upkeep of these beautiful apts., off street garage parking and private laundry in basement and lots of storage space

Listed by Kathie Strout of Century 21 North East

$
$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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23 Park Street Salem MA 01970

Salem, MA23 Park Street

Price$725,000

Est. Mortgage: $/month

MLS Number 73360655

  • MultiFamily
  • Bedrooms 6
  • Bathroom 2
  • Square Feet 1,940
  • Property SubType Multi Family

The property at 23 Park Street in Salem, MA, is a two-family residence constructed in 1915, encompassing approximately 1,940 square feet of living space across 12 rooms.? The building features two separate units. The first-floor unit offers a spacious 2-bedroom, 1-bath layout with an eat-in kitchen, remodeled bathroom, gas heat, and a high-efficiency tankless water heater. It is conveniently located near Salem State University and downtown attractions. The second unit spans two floors and includes four bedrooms, making it suitable for owner-occupancy or rental purposes. The property has separate utilities for each unit, enhancing its appeal for investors. Situated in South Salem, the location offers easy access to public transportation, shopping centers,

Listed by Scott Martin of Martin Property Management

$
$
%
$/month over payments
Federal 30-year interest rate: 6.72% last updated on Jul 10, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.