8 Saunders St Salem — Photo 1 of 41
Recent Drop: $49,100
$1,249,900
8 Saunders St, Salem, MA 01970
Salem, MA 01970
Beds
9
Baths
4
SqFt
4,166
Style
4 Family
Built
1800
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.
Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • House of Worship • Marina
Geography
Property History
$1,249,900
Was $1,299,000
Aug 3, 2026
MLS® 73552285
$1,299,000
Jul 20, 2026
MLS® 73552285
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: Herrick Lutts Realty Partners
Listing Office: Herrick Lutts Realty Partners
MLS® Number: 73552285
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