401 Essex Salem, MA ^$ 2,500,000

401 Essex

^$ 2,500,000

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401 Essex

Salem, MA, 01970

^$ 2,500,000

Bedrooms9 Baths7.0 Sq 4,997

Monthly Estimate*

^$ 15,393

Multi-Family Home for sale in Salem, MA

for $2,500,000 with 9 bedrooms and 7 full baths. This 4,997 square foot home was built in 1815 on a lot size of 0.12.

Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 17,770

Style

5-9 Family

Lot Size

0.12

Year Built

1815

Town/City

Salem

County/Region

Essex

MLS | Web ID

73535855

List By

Francesca Little

Listing Agent

Little & Co., Realtors®

Broker

Affordability Calculator

$16,874

Per Month

Monthly Principal & Interest: $15,393
Monthly Property Taxes: $1,481
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

Multi-family listings in Salem, MA

Average List Price ^$1,611,669

Percent of Sale Price 36%

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
6/15/2026	$2,500,000		Listed Price

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401 Essex, Salem, MA, 01970 is a Multi-Family Home for sale at $2,500,000 with 4,997 sqft and a lot size of 0.12. 401 Essex has 9 bedrooms, 7.0 baths, and was built in 1815. 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 6/18/2026.

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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401 Essex

Multi-Family Home for sale in Salem, MA

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