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Location, location, location! Rare opportunity to own a historic 2-family in the heart of downtown Salem. 12 Howard Street is a true gem, offering excellent returns as either a short-term rental (AirBnB) or a steady long-term investment. Spanning 3 levels and over 2,400 sq. ft., the property includes 5 bedrooms, 2 full baths, beautiful hardwood floors throughout, generous storage, and many updates (roof 2017, exterior paint 2022, HW heater 2025, updated kitchen, appliances & more). The private courtyard provides a peaceful retreat, complemented by a versatile shed offering exciting ADU conversion potential. The home also includes a 1-car garage and additional off-street parking. With an impressive Walk Score of 97, this home is steps from Salem Commons, the commuter rail, museums, restaurants, shops, and the waterfront. Whether you’re looking for an income property or a place to call home, don’t miss this exceptional chance to invest in one of Salem’s most sought-after neighborhoods!
Current real estate data for Multi Family in Salem as of Oct 07, 2025
13
Multi Family Listed
174
Avg DOM
315
Avg $ / SqFt
$1,601,685
Avg List Price

Property Details

Price:
$795,000
MLS #:
73431062
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Sep 15, 2025
Finished Sq Ft:
2,409
Total Sq Ft:
2,409
Lot Size:
2,126 sqft / 0.05 acres (approx)
Year Built:
1850
Units:
2
TennisParking Total

Schools

Interior

Bathrooms
2 Full Bathrooms
Flooring
Tile, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
Construction Materials
Frame
Exterior Features
Rain Gutters, Garden
Parking Features
Paved Drive, Off Street, Tandem, Paved
Parking Spots
1
Roof
Asphalt/Composition Shingles

Financial

Tax Year
2025
Taxes
$7,625

Map

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Property Summary

    12 Howard St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $795,000 To schedule a showing of MLS#73431062 at 12 Howard St in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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12 Howard St
Salem, MA