Under contract

$829,000

32 Park St, Salem, MA 01970

9beds

2,345sqft

$5,642/mo

Get pre-qualified

3 Family

Built in 1915

-- sqft lot

$815,800 Zestimate^®

$354/sqft

$-- HOA

What's special

Gas heatHardwood floorsGranite countertops

Great opportunity to own a three-family home in a prime Salem location! 32 Park Street offers three bedrooms and one full bathroom in each unit, with hardwood floors, gas heat, granite countertops and exterior vinyl siding that is in excellent condition. With a strong rental history, this property is an appealing option for investors or buyers looking to live in one unit while collecting rent from the others. Enjoy nearby parks, beaches, a kayak launch, and marinas, along with convenient access to historic Salem Common, the commuter rail and downtown Salem’s restaurants, shops, museums, and waterfront attractions. Rich in history and close to so much of what makes Salem a great place to live, this property brings together rental income potential and a location with plenty to offer. Join us for one of the open houses this weekend or schedule a private showing today.

7 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Features

Flooring: Wood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 2,345
Total interior livable area: 2,345 sqft
Finished area above ground: 2,345

Property

Parking

Parking features: Paved Drive
Has uncovered spaces: Yes

Features

Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Lot

Size: 1,790 Square Feet

Details

Parcel number: M:0034 B:0236 L:0000,2135693
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Stone
Roof: Slate

Condition

Year built: 1915

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station, University

Location

Region: Salem

Financial & listing details

Price per square foot: $354/sqft
Tax assessed value: $822,200
Annual tax amount: $8,863
Date on market: 10/19/2026
Total actual rent: 8869

Estimated market value

$815,800

$775,000 - $857,000

$2,963/mo

Price history

Date	Event	Price
10/24/2026	Contingent	$829,000$354/sqft
Source: MLS PIN #73592387 Report a problem
10/19/2026	Listed for sale	$829,000-12.7%$354/sqft
Source: MLS PIN #73592387 Report a problem
1/1/2026	Listing removed	$950,000$405/sqft
Source: MLS PIN #73430491 Report a problem
11/8/2025	Price change	$950,000-4.9%$405/sqft
Source: MLS PIN #73430491 Report a problem
9/14/2025	Listed for sale	$999,000+308.6%$426/sqft
Source: MLS PIN #73430491 Report a problem
3/2/2017	Sold	$244,500-2.2%$104/sqft
Source: Public Record Report a problem
2/25/2016	Listing removed	$250,000$107/sqft
Source: Good Neighbor Real Estate #71960586 Report a problem
2/18/2016	Listed for sale	$250,000-9.1%$107/sqft
Source: Good Neighbor Real Estate #71960586 Report a problem
11/14/2013	Sold	$275,000-5.2%$117/sqft
Source: Public Record Report a problem
8/25/2005	Sold	$290,000+792.3%$124/sqft
Source: Public Record Report a problem
6/23/1995	Sold	$32,500-72.9%$14/sqft
Source: Public Record Report a problem
6/18/1990	Sold	$120,000$51/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,092 +3%	$713,600 +5.6%
2024	$7,855 +2.9%	$676,000 +10.8%
2023	$7,634	$610,200
2022	$7,634 +8.7%	$610,200 +19.9%
2021	$7,024 +12.7%	$509,000 +18%
2020	$6,234 +1.9%	$431,400 +6.4%
2019	$6,120 +25.1%	$405,300 +27.4%
2018	$4,892 +36.5%	$318,100 +40.8%
2017	$3,584 +1.2%	$226,000
2016	$3,541 +17.4%	$226,000 +23%
2015	$3,016 +6.3%	$183,800 +8.4%
2014	$2,836 +1.5%	$169,500 -5.2%
2012	$2,795 -11.2%	$178,800 -14.5%
2011	$3,148 -1.1%	$209,200 -8%
2010	$3,184 -3.5%	$227,300 -11%
2009	$3,301 +2.1%	$255,500 -7.8%
2008	$3,234 +0.4%	$277,100 -7.4%
2007	$3,221 +1.9%	$299,100 +6.1%
2006	$3,161 +7.7%	$282,000 +9.4%
2005	$2,934 +3.2%	$257,800 +6.1%
2004	$2,844 +22.6%	$242,900 +34.7%
2003	$2,320 +18.5%	$180,300 +24.6%
2002	$1,958 +68.1%	$144,700 +88.4%
1999	$1,165 -8.8%	$76,800 -24%
1994	$1,278	$101,000