Opportunity awaits with this spacious multi-family property at 3 & 5 Shady Lane in Salem, NH. Privately set on a generous lot, this unique property offers exceptional flexibility for investors, owner-occupants, or multi-generational living. Featuring over 3,300 square feet of living space, multiple bedrooms and baths, separate living areas, and ample parking, the property provides strong income potential while maintaining a comfortable residential feel. Built in 1983 and situated on approximately 1.15 acres, the home offers room to grow, outdoor space to enjoy, and convenient access to major commuter routes, shopping, dining, and all that Salem has to offer. Whether you're looking to expand your investment portfolio or create a versatile living arrangement, this rare multi-family, move-in ready opportunity combines space, location, and potential in one desirable package. Ideally located just minutes from Salem's thriving Tuscan Village, this property offers convenient access to one of Southern New Hampshire's premier lifestyle destinations. Enjoy shopping, restaurants, entertainment, fitness studios, walking trails, community events, Whole Foods, and more—all less than 5 minutes away. Showings begin at Open House Friday, June,5th 4PM to 7PM, Saturday, June, 6th and Sunday, June, 7th from 11AM to 2PM ***Accepting offers until Monday, June 8 at 5:00pm.
Closed
Listed by: BHG Masiello Hampton • Suzy Frost
Bought with: McGinn & Associates Realty, LLC
$1,050,000
3 and 5 Shady Lane #3 and 5, Salem, NH 03079-2229
4beds
4,812sqft
Multi Family
Built in 1983
-- sqft lot
$1,050,200 Zestimate®
$218/sqft
$3,186 Estimated rent
Home value
$1,050,200
$998,000 - $1.10M
$3,186/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Suzy Frost,
BHG Masiello Hampton 603-926-4466
Bought with:
Mark McGinn
McGinn & Associates Realty, LLC
Source: PrimeMLS,MLS#: 5091878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil, Pellet Stove
Cooling
- Central Air
Features
- Flooring: Carpet, Hardwood, Laminate, Tile
- Windows: Screens, Double Pane Windows
- Basement: Climate Controlled,Concrete,Daylight,Finished,Insulated,Interior Stairs,Storage Space,Walkout,Interior Access,Exterior Entry,Basement Stairs,Walk-Out Access
Interior area
- Total structure area: 6,656
- Total interior livable area: 4,812 sqft
- Finished area above ground: 3,368
- Finished area below ground: 1,444
Property
Parking
- Total spaces: 6
- Parking features: Paved, Direct Entry, Heated Garage, Driveway, Garage, Off Street, Parking Spaces 1 - 10, Parking Spaces 6+, Attached
- Garage spaces: 6
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Patio, Porch, Covered Porch
- Exterior features: Deck, Garden, Natural Shade, Shed
- Has spa: Yes
- Spa features: Heated
- Fencing: Dog Fence
Lot
- Size: 1.15 Acres
- Features: Neighborhood
Details
- Additional structures: Gazebo, Outbuilding
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: 100 Amp Service, 200+ Amp Service
- Sewer: 1500+ Gallon, Leach Field, Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Cable, Propane, Fiber Optic Internt Avail
Community & HOA
Location
- Region: Salem
Financial & listing details
- Price per square foot: $218/sqft
- Annual tax amount: $12,305
- Date on market: 5/30/2026
- Exclusions: Both units have been owner-occupied for 42 years.
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $1,050,000+16.7%$218/sqft |
Source:  PrimeMLS #5091878 Report a problem | ||
| 6/9/2026 | Pending sale | $899,900$187/sqft |
Source: PrimeMLS #5091878 Report a problem | ||
| 6/5/2026 | Listed for sale | $899,900$187/sqft |
Source: PrimeMLS #5091878 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 03079
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Nearby schools
GreatSchools rating
- 5/10William E. Lancaster SchoolGrades: K-5Distance: 1 mi
- 5/10Woodbury SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Salem High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: William E Lancaster 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.
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Estimated market value
$1,050,200
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
$1,050,200
- New Hampshire
- Rockingham County
- Salem
- 03079
- 3 and 5 Shady Lane Unit 3 and 5
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