2-4 Saunders St Salem, MA ^$ 1,625,000

2-4 Saunders St

^$ 1,625,000

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Recently Listed

2-4 Saunders St

Salem, MA, 01970

^$ 1,625,000

Bedrooms8 Baths6.1 Sq 5,795

Monthly Estimate*

^$ 11,223

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Multi-Family Home for sale in Salem, MA

for $1,625,000 with 8 bedrooms and 6 full baths, 1 half bath. This 5,795 square foot home was built in 1800 on a lot size of 0.12.

2–4 Saunders Street is a six-unit multifamily investment in Salem’s historic Bridge Street Neck neighborhood. Offered for the first time in more than 20 years, the property combines distinctive architectural character with value-add potential. Originally constructed in 1873 as the Arthur & George Phippen Double House, the Italianate-style building contains 8,792± square feet of total building area and 5,795± square feet of rentable living area. The unit mix includes one (1) one-bedroom apartment, four (4) one-bedroom-plus-office apartments, and one (1) two-bedroom, 1.5-bathroom townhome. The residences feature spacious layouts, high ceilings, abundant natural light, and hardwood floors. Coin-operated laundry provides supplemental income, while basement storage offers an additional revenue opportunity. Within walking distance of public transportation, neighborhood restaurants, Salem Common, Downtown Salem, and the waterfront, the property offers convenient access to the city’s primary amenities and enduring rental appeal.

Multi-Family Active

Price

^$ 1,625,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 17,023

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.12

Year Built

1800

Town/City

Salem

County/Region

Essex

MLS | Web ID

73592435

List By

Dan Pouladian

Listing Agent

North Shore Realty Advisors

Broker

Affordability Calculator

$12,642

Per Month

Monthly Principal & Interest: $11,223
Monthly Property Taxes: $1,419
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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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Nearby

Trends

Multi-family listings in Salem, MA

Average List Price ^$1,470,857

Percent of Sale Price 9%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
10/19/2026	$1,625,000		Listed Price

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2-4 Saunders St, Salem, MA, 01970 is a Multi-Family Home for sale at $1,625,000 with 5,795 sqft and a lot size of 0.12. 2-4 Saunders St has 8 bedrooms, 6.1 baths, and was built in 1800. 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 7.375% 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 10/20/2026.

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.

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2-4 Saunders St

Multi-Family Home for sale in Salem, MA

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