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Sold for $1,400,000
  • $1,400,000

    13-15 Ocean Ter, Salem, MA 01970

    7beds
    3,647sqft
    4 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $384/sqft
    $1,656 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,656/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon McInnis 978-697-6953,

    Keller Williams Realty Evolution 978-927-8700

    Bought with:

    Brandon Dervishian

    Keller Williams Realty Evolution

    Source: MLS PIN,MLS#: 73402986

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Features
    • Flooring: Wood, Tile, Vinyl
    • Basement: Full
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,647
    • Total interior livable area: 3,647 sqft
    • Finished area above ground: 3,647

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive, Off Street, Assigned, Paved
    • Uncovered spaces: 5
    Features
    • Patio & porch: Porch, Deck - Composite
    • Waterfront features: Ocean, 1/10 to 3/10 To Beach
    Lot
    • Size: 5,667 sqft
    Details
    • Parcel number: M:33 L:0693
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Foundation: Stone, Brick/Mortar
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 9625

    Price history

    DateEventPrice
    8/29/2025Sold$1,400,000+0%$384/sqft
    Source: MLS PIN #73402986 Report a problem
    7/10/2025Listed for sale$1,399,999+40.7%$384/sqft
    Source: MLS PIN #73402986 Report a problem
    6/3/2022Listing removed--
    Source: MLS PIN #72858041 Report a problem
    8/4/2021Listing removed$995,000$273/sqft
    Source: MLS PIN #72858041 Report a problem
    7/2/2021Pending sale$995,000$273/sqft
    Source: MLS PIN #72858041 Report a problem
    6/29/2021Listed for sale$995,000$273/sqft
    Source: MLS PIN #72858041 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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