Centrally located, multifamily with two 4-bedroom units offering immense rental earning potential. Short walk to Salem State College, MBTA and downtown Salem. Vinyl sided building with paved drive and yard. Each unit features 4 bedrooms, 1 full bath, living room and kitchen with laundry hook-ups. Spacious layouts offer appeal to a wde range of tenants or owners. Full basement with individual utilities. Private decks overlook the flat, fenced yard. Paved off street parking for multiple cars as well as ample on street parking. Do not miss this opportunity to build equity in a highly desirable area with strong renter demand. Offered vacant with recent rental history. Area ammenities include train, shopping, restaurants, schools, walking paths and more.
For sale
$739,999
93 Ocean Ave, Salem, MA 01970
8beds
2,444sqft
Multi Family
Built in 1890
-- sqft lot
$731,600 Zestimate®
$303/sqft
$-- HOA
What's special
Vinyl sided buildingAmple on street parkingFlat fenced yardSpacious layoutsPaved drive and yard
- 2 days |
- 518 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Brenna McNiff 978-473-9655,
Coldwell Banker Realty - Beverly 978-927-1111
Source: MLS PIN,MLS#: 73545713
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator, Oven
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Bathroom With Tub & Shower, Living Room, Kitchen
- Flooring: Wood, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,444
- Total interior livable area: 2,444 sqft
- Finished area above ground: 2,444
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 4
Features
- Patio & porch: Porch, Deck
- Waterfront features: Beach Ownership(Public)
Lot
- Size: 4,901 Square Feet
Details
- Parcel number: M:0033 B:0059 L:0000,2134579
- Zoning: B4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Irregular
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station, University
Location
- Region: Salem
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $601,600
- Annual tax amount: $6,485
- Date on market: 7/7/2026
- Total actual rent: 0
Estimated market value
$731,600
$695,000 - $768,000
$3,411/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $739,999+244.2%$303/sqft |
Source: MLS PIN #73545713 Report a problem | ||
| 8/3/2012 | Sold | $215,000-5.9%$88/sqft |
Source: Public Record Report a problem | ||
| 6/25/2012 | Listed for sale | $228,500$93/sqft |
Source: Exit Reliance Realty #71401325 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,065 +4.6% | $534,800 +7.2% |
| 2024 | $5,800 +3.2% | $499,100 +11.1% |
| 2023 | $5,618 | $449,100 |
| 2022 | $5,618 +0.9% | $449,100 +11.3% |
| 2021 | $5,568 +5% | $403,500 +10% |
| 2020 | $5,302 +1% | $366,900 +5.5% |
| 2019 | $5,250 +8% | $347,700 +10% |
| 2018 | $4,860 +8.5% | $316,000 +11.9% |
| 2017 | $4,480 +2.9% | $282,500 +1.7% |
| 2016 | $4,352 +3.7% | $277,700 +8.6% |
| 2015 | $4,196 +12.6% | $255,700 +14.8% |
| 2014 | $3,727 +7.2% | $222,800 +0.2% |
| 2012 | $3,476 +0.2% | $222,400 -3.5% |
| 2011 | $3,469 -1.6% | $230,500 -8.3% |
| 2010 | $3,524 -7.9% | $251,500 -15.1% |
| 2009 | $3,827 +0.9% | $296,200 -8.9% |
| 2008 | $3,794 +2.1% | $325,100 -5.8% |
| 2007 | $3,717 +6.6% | $345,100 +11% |
| 2006 | $3,486 +4.1% | $311,000 +5.7% |
| 2005 | $3,349 +5.9% | $294,300 +9% |
| 2004 | $3,161 +21.5% | $269,900 +33.5% |
| 2003 | $2,602 +11.9% | $202,200 +17.6% |
| 2002 | $2,326 +5% | $171,900 +17.7% |
| 1999 | $2,215 +41.8% | $146,000 +18.2% |
| 1994 | $1,562 | $123,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 01970
Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.4 mi
- 4/10Salem High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Massachusetts
- Essex County
- Salem
- 01970
- 93 Ocean Ave
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