131 Derby St # 1R Salem, MA $ 469,900
131 Derby St # 1R
$ 469,900
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131 Derby St # 1R

Salem, MA, 01970
$ 469,900
Bedrooms2 Baths1.0 Sq 813

Monthly Estimate*

$ 2,967

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Condo for sale in Salem, MA

for $469,900 with 2 bedrooms and 1 full bath. This 813 square foot condo was built in 1900 on a lot size of 0.23.

Location, location, location! This beautiful two-bedroom condo puts you right in the heart of historic downtown Salem, just steps from the Harbor, the House of the Seven Gables, the Peabody Essex Museum, fabulous restaurants, coffee shops, ice cream and gelato shops and an inviting mix of unique boutiques, specialty shops and local businesses. Enjoy the best of both worlds, where Salem’s rich history uniquely meets the energy and convenience of modern downtown living. Move-in ready and filled with charm, this inviting home features two bedrooms with ample closet space, a recently renovated full bath, and beautiful hardwood floors throughout. High ceilings add to the light and airy feel as well as the spacious, updated eat-in kitchen offering abundant cabinetry, granite countertops, stainless steel appliances, an island for additional prep space and a spot to enjoy a meal as well as an open flow into the living area. Additional amenities include a fire sprinkler system for added peace of mind, basement laundry and dedicated storage, plus the option for laundry hookups in the kitchen. Pets are welcome! T he reasonable condo fee includes heat, water, and sewer, and convenient on-street permit parking is available for owners. With a quick closing possible, you could be enjoying everything downtown Salem has to offer just in time for the Halloween festivities!

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Condo Active

Price

$ 469,900

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 4,738

Style

Garden

Lot Size

0.23

Year Built

1900

Town/City

Salem

County/Region

Essex

MLS | Web ID

73579110

List By
Rita Patriarca

Listing Agent

Re/Max Encore

Broker

Affordability Calculator

$3,362
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,967
Monthly Property Taxes
$395
Monthly 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.
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Pricing History
DatePricePrice ChangeDescription
9/17/2026$469,900 Listed Price

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131 Derby St # 1R, Salem, MA, 01970 is a Condo for sale at $469,900 with 813 sqft and a lot size of 0.23. 131 Derby St # 1R has 2 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 01970 which is in Salem, MA