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For sale
    • Price cut: $49.1K (8/3)
    $1,249,900

    8 Saunders St, Salem, MA 01970

    9beds
    4,166sqft
    : 
    $7,677/mo
    Get pre-qualified
    4 Family
    Built in 1800
    -- sqft lot
    $-- Zestimate®
    $300/sqft
    $-- HOA

    What's special

    Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem's most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you're looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem's shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today's market—don't miss your chance to own a valuable asset in historic Salem.
    32 days
    |
    948
    |
    58
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Herrick Lutts Realty Partners 978-927-1959,

    Herrick Lutts Realty Partners 978-927-1959,

    Nicholas Zolotas 978-968-0308

    Source: MLS PIN,MLS#: 73552285

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      • Full bathrooms: 4
      Features
      • Basement: Unfinished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 4,166
      • Total interior livable area: 4,166 sqft
      • Finished area above ground: 4,166

      Property

      Parking
      • Total spaces: 4
      • Parking features: Paved Drive, Tandem, On Street
      • Uncovered spaces: 4
      Features
      • Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
      Lot
      • Size: 3,123 Square Feet
      Details
      • Parcel number: M:0036 B:0082 L:0000,2137209
      • Zoning: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 4 Family
      Materials
      • Frame
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • Year built: 1800

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Public School, T-Station, University
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $300/sqft
      • Tax assessed value: $967,800
      • Annual tax amount: $10,433
      • Date on market: 7/20/2026
      • Total actual rent: 9500

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,776/mo

        Price history

        DateEventPrice
        8/3/2026Price change$1,249,900-3.8%$300/sqft
        Source: MLS PIN #73552285 Report a problem
        7/20/2026Listed for sale$1,299,000$312/sqft
        Source: MLS PIN #73552285 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 01970

        Getting around

        84 / 100
        Very Walkable
        39 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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