Turn key triple decker investment gem next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to schools and a short drive to local amenities. Renovated in 2020 with high efficiency gas heat/ tankless hot water, new plumbing & electrical, new meters, toilets, showers and appliances. Each unit features 3 beds, 1 bath & in-unit laundry with similar layouts and modern kitchens & baths. The building includes generous 2 car parking for each unit in the expansive fenced lot. This is a plug and play investment as an income property or condo conversion. All units rented well below market.
Sold for $1,050,000
$1,050,000
237 Jefferson Ave, Salem, MA 01970
9beds
3,778sqft
3 Family - 3 Units Up/Down
Built in 1900
-- sqft lot
$1,144,600 Zestimate®
$278/sqft
$3,095 Estimated rent
Home value
$1,144,600
$1.08M - $1.21M
$3,095/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dan Bernal 617-275-3291,
Atlantic Coast Homes,Inc 978-777-4444
Bought with:
Dan Bernal
Atlantic Coast Homes,Inc
Source: MLS PIN,MLS#: 73211392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Unit Control
Cooling
- None
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Living Room, Kitchen, Laundry Room, Sunroom
- Flooring: Tile, Hardwood, Wood, Stone/Ceramic Tile
- Doors: Insulated Doors
- Windows: Skylight(s), Insulated Windows
- Basement: Full,Interior Entry,Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,778
- Total interior livable area: 3,778 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Assigned, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Porch
- Exterior features: Balcony/Deck, Balcony, Rain Gutters
- Fencing: Fenced/Enclosed
- Waterfront features: 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 5,301 sqft
- Features: Level
Details
- Parcel number: 2131223
- Zoning: B1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 7695
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $1,050,000-12.5%$278/sqft |
Source: MLS PIN #73211392 Report a problem | ||
| 7/11/2024 | Contingent | $1,200,000$318/sqft |
Source: MLS PIN #73211392 Report a problem | ||
| 5/29/2024 | Price change | $1,200,000-4%$318/sqft |
Source: MLS PIN #73211392 Report a problem | ||
| 3/18/2024 | Listed for sale | $1,250,000+27.6%$331/sqft |
Source: MLS PIN #73211392 Report a problem | ||
| 11/17/2021 | Sold | $980,000$259/sqft |
Source: MLS PIN #72899521 Report a problem | ||
| 10/9/2021 | Pending sale | $980,000$259/sqft |
Source:  RE/MAX International #72899521 Report a problem | ||
| 10/8/2021 | Contingent | $980,000$259/sqft |
Source: MLS PIN #72899521 Report a problem | ||
| 9/23/2021 | Listed for sale | $980,000+56.8%$259/sqft |
Source: MLS PIN #72899521 Report a problem | ||
| 11/4/2019 | Sold | $625,000$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,497 +7.8% | $925,700 +10.5% |
| 2024 | $9,739 +2.8% | $838,100 +10.7% |
| 2023 | $9,473 | $757,200 |
| 2022 | $9,473 +10.7% | $757,200 +22.1% |
| 2021 | $8,559 +15.9% | $620,200 +21.3% |
| 2020 | $7,387 +2.1% | $511,200 +6.7% |
| 2019 | $7,234 +9.2% | $479,100 +11.2% |
| 2018 | $6,624 +3.4% | $430,700 +6.6% |
| 2017 | $6,407 +6.5% | $404,000 +5.2% |
| 2016 | $6,017 +0.6% | $384,000 +5.3% |
| 2015 | $5,983 +14.6% | $364,600 +16.9% |
| 2014 | $5,220 +9% | $312,000 +1.8% |
| 2012 | $4,791 -3.1% | $306,500 -6.7% |
| 2011 | $4,944 +0.6% | $328,500 -6.4% |
| 2010 | $4,916 -4.7% | $350,900 -12.1% |
| 2009 | $5,156 +1.7% | $399,100 -8.1% |
| 2008 | $5,069 -0.5% | $434,400 -8.2% |
| 2007 | $5,096 +6.7% | $473,200 +11.1% |
| 2006 | $4,777 +3% | $426,100 +4.5% |
| 2005 | $4,638 +4.8% | $407,600 +7.9% |
| 2004 | $4,424 +25% | $377,800 +37.4% |
| 2003 | $3,539 +16.1% | $275,000 +22.1% |
| 2002 | $3,047 +31% | $225,200 +46.9% |
| 1999 | $2,326 +32.4% | $153,300 +10.4% |
| 1994 | $1,757 | $138,900 |
Find assessor info on the county website
Neighborhood: 01970
Nearby schools
GreatSchools rating
- 3/10Horace Mann Laboratory SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Hmls
- Middle: Collins
- High: Salem
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,144,600
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
$1,144,600
- Massachusetts
- Essex County
- Salem
- 01970
- 237 Jefferson Ave
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