Prime Location! Great condo conversion opportunity! Occupied as a single family home for many years, this unique multi-unit property has endless possibilities. Occupy the first floor while you renovate the 2nd & 3rd floor for rental potential, condo conversion, or make it into your dream single-family home. The second floor is in need of extensive work. The third floor is unfinished but could be turned into 2-3 rooms. Short distance to train, waterfront and the Salem Common.
Sold for $725,000
$725,000
23 Union St, Salem, MA 01970
3beds
2,498sqft
MultiFamily
Built in 1869
-- sqft lot
$724,300 Zestimate®
$290/sqft
$3,642 Estimated rent
Home value
$724,300
$674,000 - $782,000
$3,642/mo
Zestimate® history
Owner options
List your home for rent
$3,642/mo
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$3,642/mo
Rent Zestimate®
Refinance and save
$4,649/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,649/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Gas
Appliances
- Included: Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,498 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 2,178 Square Feet
Details
- Parcel number: SALEM35L0306
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1869
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $509,600
- Annual tax amount: $6,752
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Sold | $725,000-7.1%$290/sqft |
Source: Public Record Report a problem | ||
| 1/3/2022 | Sold | $780,000+47.2%$312/sqft |
Source: Public Record Report a problem | ||
| 7/15/2021 | Sold | $530,000-3.6%$212/sqft |
Source: Public Record Report a problem | ||
| 6/19/2020 | Sold | $550,000+4.8%$220/sqft |
Source: Public Record Report a problem | ||
| 5/14/2020 | Listed for sale | $525,000$210/sqft |
Source: J. Barrett & Company #72656321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,752 | $509,600 |
| 2024 | $6,752 | $509,600 |
| 2023 | $6,752 | $509,600 |
| 2022 | $6,752 +9.7% | $509,600 +14.3% |
| 2021 | $6,155 +4.4% | $446,000 +9.3% |
| 2020 | $5,898 +0.9% | $408,200 +5.5% |
| 2019 | $5,845 +7.7% | $387,100 +9.8% |
| 2018 | $5,425 +7.3% | $352,700 +10.6% |
| 2017 | $5,056 +2.8% | $318,800 +1.6% |
| 2016 | $4,917 +2.9% | $313,800 +7.8% |
| 2015 | $4,777 +12.8% | $291,100 +15% |
| 2014 | $4,236 +6.5% | $253,200 -0.5% |
| 2012 | $3,976 -4% | $254,400 -7.6% |
| 2011 | $4,142 +0.7% | $275,200 -6.2% |
| 2010 | $4,112 -1.8% | $293,500 -9.4% |
| 2009 | $4,186 +2.7% | $324,000 -7.2% |
| 2008 | $4,075 +1.2% | $349,200 -6.6% |
| 2007 | $4,027 +5.9% | $373,900 +10.2% |
| 2006 | $3,804 +4% | $339,300 +5.5% |
| 2005 | $3,659 +4.7% | $321,500 +7.7% |
| 2004 | $3,495 +21.4% | $298,500 +33.4% |
| 2003 | $2,880 +11.5% | $223,800 +17.2% |
| 2002 | $2,584 +16.3% | $191,000 +30.5% |
| 1999 | $2,221 +41.7% | $146,400 +18.2% |
| 1994 | $1,567 | $123,900 |
Find assessor info on the county website
Neighborhood: 01970
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Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.6 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.2 mi
- 5/10Carlton Elementary SchoolGrades: K-5Distance: 0.7 mi
Get a cash offer in 3 minutes
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Estimated market value
$724,300
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
$724,300
- Massachusetts
- Essex County
- Salem
- 01970
- 23 Union St