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For Sale

125 Derby Street #D

Salem, MA

$499,900

2 bd/2 ba/1,416 sf

Courtesy of Herrick Lutts Realty Partners

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 20, 2026.

Photographs

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36 photographs from the listing brokerage, shown as they published them.

About this home

Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem's Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood floors, multiple original fireplaces, and timeless architectural details throughout. The elegant dining room features a stunning hand-painted mural depicting Pickering Wharf as it appeared during the home's early years, creating a one-of-a-kind setting for entertaining. Thoughtfully updated for today's lifestyle, the home also offers a renovated kitchen, in-unit washer and dryer, and the perfect blend of historic charm and modern comfort. Rarely does an opportunity arise to own a piece of Salem's rich history in one of its most sought-after locations.

The details

Property type
Condominium
Bedrooms
2
Bathrooms
2
Interior
1,416 sq ft
Year built
1768
Price per sq ft
$353
County
Essex
Taxes
$5,855 (2025)
HOA fee
$350 / monthly
Heating
Oil · Fireplace(s)
Cooling
Window Unit(s)
Basement
Y
Fireplaces
4
Stories
2
Roof
Shingle · Rubber
Sewer
Public Sewer
Water
Public
Zoning
B1
Elementary school
Bentley
Middle school
Collins
High school
Salem
Days on market
11
MLS #
73574145

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