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Sold for $1,195,000
  • $1,195,000

    7 Forrester St, Salem, MA 01970

    6beds
    3,748sqft
    3 Family
    Built in 1886
    -- sqft lot
    $1,201,100 Zestimate®
    $319/sqft
    $3,729 Estimated rent

    Home value

    $1,201,100

    Estimated sales range

    Not available

    $3,729/mo

    Zestimate® history
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    What's special

    Updated kitchens and bathsOak and pine flooringSpacious unitDetailed mouldingsAbundance of natural light
    Discover the perfect blend of historic Salem charm and modern convenience in this beautifully maintained 3-family home just steps from Salem Common. Each spacious unit offers 2 bedrooms, high 9-foot ceilings, and an abundance of natural light that highlights the home’s character—including oak and pine flooring, detailed mouldings, and two bay windows in both Units 1 and 2. The first and second floors also feature fireplaces (condition unknown), adding architectural appeal and potential for restoration. All three units have updated kitchens and baths, offering a move-in-ready experience for occupants or a low-maintenance opportunity for investors. Outside, enjoy a nice yard perfect for gardening, relaxation, or tenant use, along with off-street parking for two cars in the private driveway—an invaluable benefit in this desirable Salem neighborhood. Located close to the commuter rail & downtown.

    Zillow last checked:

    Listing updated:

    Listed by:

    Armstrong Field Team 844-740-8700,

    Aluxety 800-806-3212,

    Jim Armstrong 978-394-6736

    Bought with:

    James Riel

    JR Associates

    Source: MLS PIN,MLS#: 73461588

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric, Natural Gas, Baseboard
    Appliances
    • Included: Range, Refrigerator, Dishwasher
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Laundry Room, Living Room, Dining Room, Kitchen
    • Flooring: Wood, Hardwood, Pine
    • Basement: Full,Sump Pump,Concrete
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,748
    • Total interior livable area: 3,748 sqft
    • Finished area above ground: 3,748

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved Drive, Off Street, Paved
    • Uncovered spaces: 2
    Features
    • Waterfront features: 1 to 2 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 4,922 sqft
    Details
    • Parcel number: M:35 L:0479,2136951
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Frame
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1886

    Utilities & green energy

    • Electric: Circuit Breakers, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 7000

    Price history

    DateEventPrice
    3/27/2026Sold$1,195,000-5.2%$319/sqft
    Source: MLS PIN #73461588 Report a problem
    1/29/2026Price change$1,260,000-1.2%$336/sqft
    Source: MLS PIN #73461588 Report a problem
    12/11/2025Listed for sale$1,275,000+189.8%$340/sqft
    Source: MLS PIN #73461588 Report a problem
    8/24/2001Sold$439,900+104.6%$117/sqft
    Source: Public Record Report a problem
    9/22/1997Sold$215,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,740 +9.3%$1,211,600 +12%
    2024$12,573 +2%$1,082,000 +9.9%
    2023$12,321 $984,900
    2022$12,321 +6.7%$984,900 +17.7%
    2021$11,544 +5.6%$836,500 +10.5%
    2020$10,934 +0.3%$756,700 +4.8%
    2019$10,901 +8.2%$721,900 +10.2%
    2018$10,079 +4.4%$655,300 +7.7%
    2017$9,651 +1.2%$608,500
    2016$9,535 +5.4%$608,500 +10.3%
    2015$9,050 +17.7%$551,500 +20%
    2014$7,689 +9.7%$459,600 +2.5%
    2012$7,010 -7.6%$448,500 -11%
    2011$7,584 +2.6%$503,900 -4.5%
    2010$7,394 -1.5%$527,800 -9.2%
    2009$7,508 +1.5%$581,100 -8.3%
    2008$7,399 +0.1%$634,000 -7.6%
    2007$7,393 +6.4%$686,400 +10.7%
    2006$6,948 +4.3%$619,800 +5.9%
    2005$6,661 +6.2%$585,300 +9.2%
    2004$6,275 +41.5%$535,900 +55.5%
    2003$4,435 +38.7%$344,600 +45.8%
    2002$3,197 +5.6%$236,300 +18.4%
    1999$3,028 +40.3%$199,600 +17%
    1994$2,158 $170,600

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,201,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,201,100