Condominium at 16 Phelps St # 2, Salem MA 01970, Salem
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$525,000

16 Phelps St # 2, Salem MA 01970
Salem, MA 01970
Listed by Zoe Karademos
Bedrooms
2
Bathrooms
2
Living area
1,002 sqft
Year built
1920

About this home

Welcome home to this beautifully RENOVATED (2021) TOP FLOOR, SINGLE-LEVEL CONDO tucked on a quiet side street in one of Salem's most desirable neighborhoods, abutting the historic McIntire District. Here you'll enjoy the serenity of a peaceful, tree-lined setting while living just minutes from the museums, library, shops, restaurants and nightlife of vibrant downtown Salem. This open-concept TWO BEDROOM & TWO FULL BATHROOMS delivers the perfect blend of comfort, style and convenience, with an effortless flow that suits easy living, working from home, or entertaining. Sun-filled rooms showcase hardwood floors, exposed brick, and recessed lighting, while the stunning Quartz and stainless kitchen anchors the space alongside efficient modern systems and in-unit laundry. Retreat and relax in the primary en suite, complete with a tiled, floor-to-ceiling oversized shower and walk-in closet space. This special offering also includes 2-car off-street parking, an expansive common yard, a pet-friendly policy and extra basement storage. A unique opportunity to own a turn-key home that combines thoughtful updates, historic charm, and an unbeatable location

Property details

MLS #
73574179
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
29
On market date
September 9, 2026
Stories
1
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.2 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Saltonstall School
0.56 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
10.5:1
District
Salem
Middle
Collins Middle
0.2 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
High
New Liberty Innovation School
0.63 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
54
Student:teacher ratio
13.5:1
District
Salem

Walkability

Blended score for Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Salem, from live MLS data.

On the market 29 days -- 66 fewer days than Salem's current average of 95 days.
For reference, the median list price across 392 active listings in Salem right now is $407,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,312/mo
$105,000 down
$420,000 loan
Principal & interest$2,724
Property tax (est.)$438
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.