225 Derby St # 503 Salem, MA ^$ 610,000

225 Derby St # 503

^$ 610,000

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Open House 3/8 12:30pm - 2:15pm

225 Derby St # 503

Salem, MA, 01970

^$ 610,000

Bedrooms1 Baths1.1 Sq 1,151

Monthly Estimate*

^$ 3,756

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Condo for sale in Salem, MA

for $610,000 with 1 bedroom and 1 full bath, 1 half bath. This 1,151 square foot condo was built in 2004 on a lot size of 0.91.

Experience a luxury lifestyle in this sun-drenched, spacious 1 bedroom, 1-1/2 bath condo featuring mesmerizing harbor & ocean views atop the Salem Waterfront Hotel & Suites. Ideally set on Salem Harbor adjacent to the elegant boutiques & world-class eateries at Pickering Wharf & Marina. Includes access to hotel amenities, including a heated pool. Open layout features a living/dining area w/ gas fireplace, Juliet balcony, & large windows showcasing water views. The kitchen gleams w/ brand-new stainless LG appliances & granite countertops. Central air, in-unit washer/dryer, elevator & parking just steps from the entrance add convenience. Pets allowed w/ approval. Salem residents enjoy free admission to Peabody Essex Museum & The House of Seven Gables. A fast commute to Boston by MBTA Commuter Rail & Salem Ferry. Getting around Salem is easy by Bluebikes, & Salem Skipper rideshare. Walk to historic downtown, Salem Maritime National Park, Essex Street Pedestrian Mall, & Salem Common.

Open House

3/8/2026 12:30 PM - 2:15 PM

225 Derby St # 503 Salem, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

^$ 610,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 6,305

Style

High-Rise

Lot Size

0.91

Year Built

2004

Town/City

Salem

County/Region

Essex

MLS | Web ID

73481755

List By

Ed Abrams

Listing Agent

Re/Max Real Estate Center

Broker

Affordability Calculator

$4,281

Per Month

Monthly Principal & Interest: $3,756
Monthly Property Taxes: $525
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Condo listings in Salem, MA

Average List Price ^$597,000

Percent of Sale Price 2%

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
3/3/2026	$610,000		Listed Price

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225 Derby St # 503, Salem, MA, 01970 is a Condo for sale at $610,000 with 1,151 sqft and a lot size of 0.91. 225 Derby St # 503 has 1 bedrooms, 1.1 baths, and was built in 2004. 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 6.25% 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 3/4/2026.

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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225 Derby St # 503

Condo for sale in Salem, MA

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