Generous 2 Family, perfect for owner occupancy or income generating investment property! Each unit has 11 year old gas furnaces with central air. Newer roof, 3 car tandem parking, ample basement storage with washer/dryer hookups. The first floor unit features 2 large bedrooms, living room, dining room, full bath and eat in kitchen with alcove. Second unit offers a living room, dining room, full bath, eat in kitchen with alcove and1 large bedroom on the second floor with 2 more bedrooms and half bath on the third. A back deck on each floor overlooks the tree lined yard. The sunny front porches overlook a quiet cul-de-sac. This location set just off of Broad St and is convenient to all that Salem has to offer. Close to Essex St for an easy in and out of Salem and just blocks from downtown shops and restaurants.
Sold for $785,000
$785,000
2 Phelps St, Salem, MA 01970
5beds
2,778sqft
2 Family - 2 Units Up/Down
Built in 1920
-- sqft lot
$843,600 Zestimate®
$283/sqft
$2,456 Estimated rent
Home value
$843,600
$734,000 - $970,000
$2,456/mo
Zestimate® history
Owner options
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$2,456/mo
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$4,961/mo
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$4,961/mo
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Zillow last checked:
Listing updated:
Listed by:
Sheri Ayers Trocchi 617-852-4051,
J. Barrett & Company 978-468-0046
Bought with:
Kristopher Gergler
Cameron Real Estate Group
Source: MLS PIN,MLS#: 73294627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Features
- Living Room, Dining Room, Kitchen
- Flooring: Tile, Hardwood
- Windows: Insulated Windows
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,778
- Total interior livable area: 2,778 sqft
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem, Paved
- Uncovered spaces: 3
Features
- Patio & porch: Porch, Enclosed
Lot
- Size: 3,598 Square Feet
Details
- Parcel number: 2131742
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Laundromat
Location
- Region: Salem
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $669,200
- Annual tax amount: $7,776
- Date on market: 12/30/2025
- Listing terms: Contract
- Total actual rent: 3000
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Listing removed | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2025 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2024 | Sold | $785,000-1.8%$283/sqft |
Source: MLS PIN #73294627 Report a problem | ||
| 10/15/2024 | Price change | $799,000-6.7%$288/sqft |
Source: MLS PIN #73294627 Report a problem | ||
| 9/25/2024 | Listed for sale | $856,500+171.9%$308/sqft |
Source: MLS PIN #73294627 Report a problem | ||
| 7/15/2013 | Sold | $315,000-1.3%$113/sqft |
Source: Public Record Report a problem | ||
| 6/11/2013 | Listed for sale | $319,000$115/sqft |
Source: RE/MAX Advantage Real Estate #71539154 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,122 +4.4% | $716,200 +7% |
| 2024 | $7,776 +2.4% | $669,200 +10.2% |
| 2023 | $7,594 | $607,000 |
| 2022 | $7,594 +5.6% | $607,000 +16.5% |
| 2021 | $7,191 +3.2% | $521,100 +8% |
| 2020 | $6,969 +0.9% | $482,300 +5.4% |
| 2019 | $6,908 +7.9% | $457,500 +9.9% |
| 2018 | $6,401 +6.8% | $416,200 +10.1% |
| 2017 | $5,995 +2.6% | $378,000 +1.4% |
| 2016 | $5,842 +5.9% | $372,800 +10.9% |
| 2015 | $5,519 +13.2% | $336,300 +15.4% |
| 2014 | $4,875 +9.7% | $291,400 +2.5% |
| 2012 | $4,442 -0.8% | $284,200 -4.5% |
| 2011 | $4,477 +0.3% | $297,500 -6.7% |
| 2010 | $4,465 -0.5% | $318,700 -8.3% |
| 2009 | $4,488 +2.4% | $347,400 -7.5% |
| 2008 | $4,382 +0.7% | $375,500 -7.1% |
| 2007 | $4,352 +5% | $404,100 +9.3% |
| 2006 | $4,144 +4% | $369,700 +5.6% |
| 2005 | $3,985 +4.8% | $350,200 +7.9% |
| 2004 | $3,801 +23.7% | $324,600 +35.9% |
| 2003 | $3,073 +11.8% | $238,800 +17.5% |
| 2002 | $2,749 +23.6% | $203,200 +38.6% |
| 1999 | $2,224 +23.5% | $146,600 +2.9% |
| 1994 | $1,801 | $142,400 |
Find assessor info on the county website
Neighborhood: 01970
Nearby homes
- $516,0002 bd1 ba1.2k sqft2 Phelps St #1, Salem, MA 01970Off Market
- $795,0004 bd1 ba2.2k sqft49 Broad St, Salem, MA 01970Sold
- $775,9006 bd3 ba2.6k sqft4 Phelps St, Salem, MA 01970Off Market
- $642,1003 bd-- ba2.1k sqft51 Broad St #2, Salem, MA 01970Off Market
- $467,6002 bd1 ba989 sqft51 Broad St #1, Salem, MA 01970Off Market
- $737,5003 bd2 ba1.4k sqft47 Broad St, Salem, MA 01970Off Market
- $--2 bd1 ba1k sqft6 Phelps St #2, Salem, MA 01970Off Market
- $827,1004 bd2 ba2.9k sqft6 Phelps St, Salem, MA 01970Off Market
Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.6 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.6 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.2 mi
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Estimated market value
$843,600
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
$843,600
- Massachusetts
- Essex County
- Salem
- 01970
- 2 Phelps St
