$499,900
About this home
Welcome to 74 Derby Street, Unit 1! This beautifully renovated condominium, located in the Derby Waterfront District, offers the perfect blend of character, style, and convenience, presenting much larger than its one-bedroom designation, with flexible living spaces throughout. The heart of the home is a stunning, well appointed kitchen, featuring stainless appliances, leathered granite counters, a charming banquet seating area, and an open-concept layout that flows seamlessly into a large living and entertaining space. The first-floor is also home to a nicely sized bedroom with generous closet space, which is complemented by an updated full bathroom and a modern office space. Downstairs, discover a substantial additional finished living area that offers incredible flexibility as a primary suite-style retreat, family room, guest space or home gym. Outside, enjoy a protected patio area with room for grilling and two parking spaces. This home puts the very best of Salem right outside your door, restaurants, shops, history, culture, waterfront, the Willows, and all the energy this vibrant city has to offer within a mile radius! Salem Ferry Landing is right around the corner and Collins Cove Beach is 1/2 mile stroll. A rare opportunity to own a spacious, stylish, and thoughtfully updated home in one of Salem's most desirable locations: across from green space, on the bike path, with easy access at ALL times of the year and sneak peeks of the water in winter! Fun fact...Salem residents get reduced rates on the Ferry, and free access to the Salem Museums! Please text when emailing.
Property details
- MLS #
- 73574904
- Property type
- Condominium
- Subdivision
- N/A
- Status
- Active
- Days on market
- 15
- On market date
- September 10, 2026
- Stories
- 2
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- 2
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 314
- Student:teacher ratio
- 11.2:1
- District
- Salem
- Enrollment
- 633
- Student:teacher ratio
- 11.1:1
- District
- Salem
- Enrollment
- 495
- Student:teacher ratio
- 10.3:1
- District
- Salem Academy Charter (District)
Walkability
Blended score for Salem's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 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 11 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.