Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
3 Baths
2,229 sqft

$845,000

5 Willow Ave, Salem MA, 01970

Price per sqft$379.09
Built in1890
Property size2,229 sqft
Property typeMulti-family

Overview

Active

Price Changed

Listed Sep 16, 2026

Updated 27h ago

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem’s shops, restaurants, commuter rail, and ferry to Boston, and don’t miss the small neighborhood beach at the end of the street!

$5,622/mo

Est. mortgage payment based on a $845,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73578416

Interior Features

Bedrooms
5
Bathrooms
3
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$7,309
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

This listing is provided by Strobeck Antonell Bull Group with Compass

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 3:45 AM UTC, 10/7/2026

Powered by Luxury Presence