5 Willow Ave Salem, MA ^$ 875,000

5 Willow Ave

^$ 875,000

Back to search

5 Willow Ave

Salem, MA, 01970

^$ 875,000

Bedrooms5 Baths3.0 Sq 2,229

Monthly Estimate*

^$ 5,525

5 Willow Ave, Salem, MA 01970 - Image 10

5 Willow Ave, Salem, MA 01970 - Image 11

5 Willow Ave, Salem, MA 01970 - Image 12

5 Willow Ave, Salem, MA 01970 - Image 13

5 Willow Ave, Salem, MA 01970 - Image 14

5 Willow Ave, Salem, MA 01970 - Image 15

5 Willow Ave, Salem, MA 01970 - Image 16

5 Willow Ave, Salem, MA 01970 - Image 17

5 Willow Ave, Salem, MA 01970 - Image 18

5 Willow Ave, Salem, MA 01970 - Image 19

5 Willow Ave, Salem, MA 01970 - Image 20

5 Willow Ave, Salem, MA 01970 - Image 21

5 Willow Ave, Salem, MA 01970 - Image 22

5 Willow Ave, Salem, MA 01970 - Image 23

5 Willow Ave, Salem, MA 01970 - Image 24

5 Willow Ave, Salem, MA 01970 - Image 25

Multi-Family Home for sale in Salem, MA

for $875,000 with 5 bedrooms and 3 full baths. This 2,229 square foot home was built in 1890 on a lot size of 0.06.

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem’s shops, restaurants, commuter rail, and ferry to Boston, and don’t miss the small neighborhood beach at the end of the street!

Multi-Family Contingent

Price

^$ 875,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,309

Style

2 Family - 2 Units Up/Down

Lot Size

0.06

Year Built

1890

Town/City

Salem

County/Region

Essex

MLS | Web ID

73578416

List By

Strobeck Antonell Bull Group

Listing Agent

Compass

Broker

Affordability Calculator

$6,134

Per Month

Monthly Principal & Interest: $5,525
Monthly Property Taxes: $609
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends

Multi-family listings in Salem, MA

Average List Price ^$1,583,927

Percent of Sale Price 81%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

MLS Property Information Network, Inc rules require that you sign in here to see more detail on this property.

Pricing History

Date	Price	Price Change	Description
9/16/2026	$875,000		Listed Price

Map

More homes like this one

homes for you

See all

5 Willow Ave, Salem, MA, 01970 is a Multi-Family Home for sale at $875,000 with 2,229 sqft and a lot size of 0.06. 5 Willow Ave has 5 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 9/26/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5 Willow Ave

Multi-Family Home for sale in Salem, MA

Affordability Calculator

Neighborhood & Schools

Map

More homes like this one

Get more info about this home