BACK ON MARKET DUE TO BUYER INABILITY TO OBTAIN FINANCING. OPEN HOUSE 7/1 5PM - 630PM. Great investment opportunity or ideal owner-occupied property with built-in rental income. This two-story multi-unit home offers two separate units, including a spacious 3-bedroom unit and a 4-bedroom unit, providing flexibility for investors or those looking to offset their mortgage with tenant income. Situated on a generous lot with a large backyard, the property also includes a barn with additional storage or possible rental potential. Located in a quiet neighborhood just steps from the elementary school and only about a mile from Routes 93 and 495, offering excellent commuter convenience. A rare chance to own a versatile property with strong income potential, outdoor space, and a desirable location. Per public record, this is a 6-bedroom two-family; floor plans suggest a layout of 3 bedrooms on the first floor and 4 on the second (7 total). Buyer to verify all information.
Active
Listed by: Keller Williams Realty Evolution • Elizabeth Smith
$699,000
16 School Street, Salem, NH 03079
7beds
2,288sqft
Multi Family
Built in 1850
-- sqft lot
$-- Zestimate®
$306/sqft
$-- HOA
What's special
Two-story multi-unit homeOutdoor spaceLarge backyardGenerous lotBarn with additional storage
- 75 days |
- 1,371 |
- 95 |
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Smith,
Keller Williams Realty Evolution Phone:978-302-0824
Source: PrimeMLS,MLS#: 5084584
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Baseboard, Radiator
Cooling
- None
Appliances
- Included: Electric Water Heater, Water Heater off Boiler, Oil Water Heater, Separate Water Heater, Water Heater
Features
- Basement: Dirt Floor,Unfinished,Interior Access,Exterior Entry,Basement Stairs,Interior Entry
Interior area
- Total structure area: 4,112
- Total interior livable area: 2,288 sqft
- Finished area above ground: 2,288
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Auto Open, Direct Entry, Storage Above, Other
Features
- Levels: Two
- Frontage length: Road frontage: 180
Lot
- Size: 2 Acres
- Features: Sidewalks, Sloped, Wooded
Details
- Parcel number: SLEMM75B1623L
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: 110 Volt, 220 Volts, Circuit Breakers
- Sewer: 1500+ Gallon, Concrete, Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $459,600
- Annual tax amount: $8,346
- Date on market: 4/21/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,550/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Listed for sale | $699,000$306/sqft |
Source:  PrimeMLS #5084584 Report a problem | ||
| 4/29/2026 | Pending sale | $699,000$306/sqft |
Source: PrimeMLS #5084584 Report a problem | ||
| 4/21/2026 | Listed for sale | $699,000+58.9%$306/sqft |
Source: PrimeMLS #5084584 Report a problem | ||
| 11/12/2021 | Sold | $440,000+43.3%$192/sqft |
Source: PrimeMLS #4867173 Report a problem | ||
| 1/9/2008 | Sold | $307,000$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,089 +3.8% | $459,600 |
| 2023 | $7,795 +5.7% | $459,600 |
| 2022 | $7,377 +2% | $459,600 +39.9% |
| 2020 | $7,234 +0.2% | $328,500 |
| 2019 | $7,220 +1.7% | $328,500 |
| 2018 | $7,099 +3.7% | $328,500 |
| 2017 | $6,846 +3.6% | $328,500 +1.6% |
| 2016 | $6,605 +0.5% | $323,300 +5.2% |
| 2015 | $6,573 +2.9% | $307,300 |
| 2014 | $6,389 +1.6% | $307,300 |
| 2013 | $6,287 -0.6% | $307,300 |
| 2012 | $6,324 +14% | $307,300 -17.8% |
| 2010 | $5,546 +6.1% | $373,700 -4.4% |
| 2007 | $5,226 | $390,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 03079
Nearby schools
GreatSchools rating
- 4/10William E. Lancaster SchoolGrades: K-5Distance: 1.2 mi
- 5/10Woodbury SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Salem High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Barron Elementary School
- Middle: Woodbury School
- High: Salem High School
- District: Salem School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New Hampshire
- Rockingham County
- Salem
- 03079
- 16 School Street
Nearby cities
Nearby zip codes
Other Salem Topics
