For Sale
5 Willow Ave
Salem, MA
$875,000
5 bd/3 ba/2,229 sf
Courtesy of Compass
This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.
The listing brokerage last updated this record on September 30, 2026.
Photographs
25 photographs from the listing brokerage, shown as they published them.
About this home
Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem’s shops, restaurants, commuter rail, and ferry to Boston, and don’t miss the small neighborhood beach at the end of the street!
The details
- Property type
- Multi-family
- Bedrooms
- 5
- Bathrooms
- 3
- Interior
- 2,229 sq ft
- Lot
- 0.06 acres
- Year built
- 1890
- Price per sq ft
- $393
- County
- Essex
- Taxes
- $7,309 (2026)
- Basement
- Unfinished
- Parking
- 4 (1 garage)
- Stories
- 3
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Zoning
- R1
- Days on market
- 14
- MLS #
- 73578416
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