251 Jefferson Ave Salem, MA ^$ 995,000

251 Jefferson Ave

^$ 995,000

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251 Jefferson Ave

Salem, MA, 01970

^$ 995,000

Bedrooms7 Baths3.0 Sq 4,038

Monthly Estimate*

^$ 6,872

251 Jefferson Ave, Salem, MA 01970 - Image 1

251 Jefferson Ave, Salem, MA 01970 - Image 2

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251 Jefferson Ave, Salem, MA 01970 - Image 6

Multi-Family Home for sale in Salem, MA

for $995,000 with 7 bedrooms and 3 full baths. This 4,038 square foot home was built in 1915 on a lot size of 0.15.

This three-family home has been owned and occupied by the same family for many years and will be delivered vacant. The first floor offers the largest footprint, with additional living area at the rear and a front porch. Units have separate electric panels, heating systems and hot water, plus a separate electric panel for common areas. Heating includes gas forced hot air, oil forced hot water, and electric heat with a gas fireplace. Outdoor space includes balconies and a large second-floor side deck. The oversized corner lot offers a large yard and ample parking, with driveway access from the side street. A restored two-car garage provides ladder access to the second floor. The rubber roof is approximately 15 years old, and the windows and mechanical systems are older. Hallways have hardwired smoke/carbon detectors. The property is in need of renovation and is sold as is. The buyer or buyer’s agent is responsible for purchasing and installing any required smoke and carbon monoxide detectors and obtaining the fire department’s smoke certificate.

Multi-Family Coming Soon

Price

^$ 995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,918

Style

3 Family - 3 Units Up/Down

Lot Size

0.15

Year Built

1915

Town/City

Salem

County/Region

Essex

MLS | Web ID

73601635

List By

Adeline Matton

Listing Agent

Aluxety

Broker

Affordability Calculator

$7,782

Per Month

Monthly Principal & Interest: $6,872
Monthly Property Taxes: $910
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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Trends

Multi-family listings in Salem, MA

Average List Price ^$1,312,621

Percent of Sale Price 32%

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.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
11/12/2026	$995,000		Listed Price

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251 Jefferson Ave, Salem, MA, 01970 is a Multi-Family Home for sale at $995,000 with 4,038 sqft and a lot size of 0.15. 251 Jefferson Ave has 7 bedrooms, 3.0 baths, and was built in 1915. 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 11/13/2026.

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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251 Jefferson Ave

Multi-Family Home for sale in Salem, MA

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