33 Walter St Salem, MA ^$ 399,900

33 Walter St

^$ 399,900

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33 Walter St

Salem, MA, 01970

^$ 399,900

Bedrooms5 Baths2.0 Sq 2,123

Monthly Estimate*

^$ 2,762

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Multi-Family Home for sale in Salem, MA

for $399,900 with 5 bedrooms and 2 full baths. This 2,123 square foot home was built in 1800 on a lot size of 0.2.

Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable. Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale. Back on market due to buyer non-performance.

Multi-Family Active

Price

^$ 399,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,948

Style

Multi Family

Lot Size

0.2

Year Built

1800

Town/City

Salem

County/Region

Essex

MLS | Web ID

73578801

List By

James Bourque

Listing Agent

Diamond Key Real Estate

Broker

Affordability Calculator

$3,258

Per Month

Monthly Principal & Interest: $2,762
Monthly Property Taxes: $496
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 ^$1,648,900

Percent of Sale Price 312%

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
9/17/2026	$399,900		Listed Price

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33 Walter St, Salem, MA, 01970 is a Multi-Family Home for sale at $399,900 with 2,123 sqft and a lot size of 0.2. 33 Walter St has 5 bedrooms, 2.0 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 11/4/2026.

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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33 Walter St

Multi-Family Home for sale in Salem, MA

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