$1,249,900
About this home
Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem's most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you're looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem's shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today's market—don't miss your chance to own a valuable asset in historic Salem.
Highlights
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73552285
- Property type
- 4 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 95
- On market date
- July 20, 2026
- Stories
- 5
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.07 acres
Location
Get directions →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.
- Enrollment
- 236
- Student:teacher ratio
- 10.7:1
- District
- Salem
- Enrollment
- 633
- Student:teacher ratio
- 11.1:1
- District
- Salem
- Enrollment
- 17
- Student:teacher ratio
- 4.3:1
- 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).
Market position
How this listing compares to current activity in Salem, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 7, 2026.
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.