Pending

$399,900

33 Walter St, Salem, MA 01970

5beds

2,123sqft

$2,803/mo

Get pre-qualified

Multi Family

Built in 1800

-- sqft lot

$-- Zestimate^®

$188/sqft

$-- HOA

What's special

Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable. Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale. Offers Due by 7pm September 20th .

17 days
81
0

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Features

Living Room, Kitchen
Has basement: No
Number of fireplaces: 2

Interior area

Total structure area: 2,123
Total interior livable area: 2,123 sqft
Finished area above ground: 2,123

Property

Parking

Total spaces: 2
Uncovered spaces: 2

Features

Patio & porch: Deck

Lot

Size: 8,851 Square Feet
Features: Level

Details

Parcel number: M:0027 B:0343 L:0000,2133317
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1800

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $188/sqft
Tax assessed value: $551,800
Annual tax amount: $5,948
Date on market: 9/24/2026
Total actual rent: 0

Estimated market value

Not available

Estimated sales range

Not available

$3,022/mo

Price history

Date	Event	Price
9/22/2026	Pending sale	$399,900$188/sqft
Source: MLS PIN #73578801 Report a problem
9/17/2026	Listed for sale	$399,900-33.4%$188/sqft
Source: MLS PIN #73578801 Report a problem
11/18/2022	Listing removed	$600,000$283/sqft
Source: MLS PIN #73039441 Report a problem
9/21/2022	Listed for sale	$600,000+246.8%$283/sqft
Source: MLS PIN #73039441 Report a problem
4/25/1988	Sold	$173,000$81/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,679 +4%	$500,800 +6.6%
2024	$5,459 +3.7%	$469,800 +11.7%
2023	$5,263	$420,700
2022	$5,263 -1.5%	$420,700 +8.7%
2021	$5,341 -1.4%	$387,000 +3.2%
2020	$5,419 +0.8%	$375,000 +5.4%
2019	$5,374 +8.7%	$355,900 +10.7%
2018	$4,946 +8.5%	$321,600 +11.9%
2017	$4,557 +3.3%	$287,300 +2.1%
2016	$4,410 +3.2%	$281,400 +8.1%
2015	$4,272 +7.6%	$260,300 +9.6%
2014	$3,972 +3.1%	$237,400 -3.7%
2012	$3,853 -0.8%	$246,500 -4.5%
2011	$3,884 +0.3%	$258,100 -6.6%
2010	$3,872 -4.4%	$276,400 -11.8%
2009	$4,049 +3.3%	$313,400 -6.7%
2008	$3,920 +5.7%	$335,900 -2.5%
2007	$3,709 +1.1%	$344,400 +5.3%
2006	$3,668 +3.8%	$327,200 +5.3%
2005	$3,535 +4.2%	$310,600 +7.2%
2004	$3,392 +10.8%	$289,700 +21.8%
2003	$3,062 +12%	$237,900 +17.8%
2002	$2,733 +12.4%	$202,000 +26%
1999	$2,432 +46.1%	$160,300 +21.8%
1994	$1,665	$131,600