249 Loring Ave Salem — Photo 1 of 21
Recent Drop: $100,000
$950,000
249 Loring Ave, Salem, MA 01970
Salem, MA 01970 — South Salem
Beds
6
Baths
6
SqFt
3,342
Style
2 Family - 2 Units Up/Down
Built
1930
Great investment or owner occupied opportunity! Two oversized two-level apartments in a highly desired area of Salem. Property located close to Swampscott Line and Salem State University. Each apartment includes three bedrooms, living room, dining room, office, kitchen, three full bathrooms, hallway. Second floor has a similar floor plan. Both with hardwood floors. Recent updates: house painted outside and inside, 2 new separate gas heating systems, 5 car parking plus 2 garages. All separate utilities.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$950,000
Was $999,999
Aug 17, 2026
MLS® 73542504
$999,999
Was $1,050,000
Jul 21, 2026
MLS® 73542504
$1,050,000
Jun 26, 2026
MLS® 73542504
$369,900
May 25, 2011
MLS® 71206260
$369,900
Mar 28, 2011
MLS® 71206260
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Alexander Barmin
Listing Office: Averbuch Realty
MLS® Number: 73542504
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