We are pleased to present this multifamily offering which consists of 3 large units, ample on-site parking, and two garages currently used as parking and storage. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and activating additional income opportunities. The property is ideally located in a quiet residential neighborhood and is less than a 4-minute drive to downtown and the commuter line MBTA.
Sold for $1,050,000
$1,050,000
1 Japonica Ave, Salem, MA 01970
8beds
5,418sqft
3 Family - 3 Units Up/Down
Built in 1915
-- sqft lot
$1,139,000 Zestimate®
$194/sqft
$3,358 Estimated rent
Home value
$1,139,000
$1.04M - $1.24M
$3,358/mo
Zestimate® history
Owner options
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$3,358/mo
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$3,358/mo
Rent Zestimate®
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$6,643/mo
Est. payment
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$6,643/mo
Est. payment
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List your homeWhat's special
Two garagesOn-site parkingLarge units
Zillow last checked:
Listing updated:
Listed by:
Kevin Benzinger 860-424-7613,
Boston Realty Advisors 617-375-7900
Bought with:
Ivelisse Medina
Cameron Real Estate Group
Source: MLS PIN,MLS#: 73356930
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Appliances
- Included: Refrigerator
Features
- Living Room, Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,418
- Total interior livable area: 5,418 sqft
- Finished area above ground: 4,086
- Finished area below ground: 1,332
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 10
Lot
- Size: 0.27 Acres
- Features: Other
Details
- Parcel number: 2132294
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Other
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation
Location
- Region: Salem
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $1,018,600
- Annual tax amount: $11,551
- Date on market: 12/9/2025
- Listing terms: Other (See Remarks)
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2025 | Sold | $1,050,000-2.3%$194/sqft |
Source: MLS PIN #73356930 Report a problem | ||
| 5/14/2025 | Contingent | $1,075,000$198/sqft |
Source: MLS PIN #73356930 Report a problem | ||
| 4/9/2025 | Listed for sale | $1,075,000+17.1%$198/sqft |
Source: MLS PIN #73356930 Report a problem | ||
| 9/9/2021 | Sold | $918,000+89.3%$169/sqft |
Source: MLS PIN #72866422 Report a problem | ||
| 8/25/2016 | Listing removed | $2,500+38.9% |
Source: Fennell Property Management Report a problem | ||
| 7/14/2015 | Sold | $485,000+38.3%$90/sqft |
Source: Public Record Report a problem | ||
| 1/22/2011 | Listed for rent | $1,800 |
Source: Prudential Real Estate #71180543 Report a problem | ||
| 10/23/2009 | Sold | $350,600$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,551 +8.4% | $1,018,600 +11.1% |
| 2024 | $10,652 +2% | $916,700 +9.8% |
| 2023 | $10,443 | $834,800 |
| 2022 | $10,443 +14% | $834,800 +25.7% |
| 2021 | $9,162 +6.8% | $663,900 +11.9% |
| 2020 | $8,575 +0.7% | $593,400 +5.2% |
| 2019 | $8,515 +7.6% | $563,900 +9.6% |
| 2018 | $7,916 +6.4% | $514,700 +9.7% |
| 2017 | $7,438 +7.9% | $469,000 +6.6% |
| 2016 | $6,896 +5.1% | $440,100 +10.1% |
| 2015 | $6,562 +13.5% | $399,900 +15.7% |
| 2014 | $5,780 +6.2% | $345,500 -0.7% |
| 2012 | $5,441 -0.1% | $348,100 -3.8% |
| 2011 | $5,444 +1.1% | $361,700 -5.9% |
| 2010 | $5,384 +0.7% | $384,300 -7.2% |
| 2009 | $5,348 +3% | $413,900 -6.9% |
| 2008 | $5,190 +1.6% | $444,700 -6.2% |
| 2007 | $5,106 +5.7% | $474,100 +10% |
| 2006 | $4,832 +3.8% | $431,000 +5.3% |
| 2005 | $4,657 +4.3% | $409,200 +7.3% |
| 2004 | $4,464 +12.8% | $381,200 +24% |
| 2003 | $3,958 +11% | $307,500 +16.7% |
| 2002 | $3,565 +11.3% | $263,500 +24.8% |
| 1999 | $3,204 +29% | $211,200 +7.6% |
| 1994 | $2,483 | $196,300 |
Find assessor info on the county website
Neighborhood: Mack Park
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10BatesGrades: PK-5Distance: 0.6 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.8 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,139,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,139,000
- Massachusetts
- Essex County
- Salem
- 01970
- Mack Park
- 1 Japonica Ave
Nearby cities
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