MLS #73475049 image #0
Rare multi-family opportunity in North Salem! Natural light drenches both units from the large array of windows, further warmed by timeless hardwood floors and elegant trim throughout. The eat-in kitchens are equipped with stone counter tops, tasteful backsplashes and plenty of storage, perfect for residents with culinary ambitions! Each unit has their own separate and convenient driveways for off street parking. The attic is unfinished, though equipped with a full staircase, creating an interesting opportunity for unit expansion. Located in desirable North Salem, this property is close to many amenities including the MBTA Salem Station, restaurants and shops. An amazing opportunity for investors and live-in owners alike!
Current real estate data for Multi Family in Salem as of Feb 16, 2026
9
Multi Family Listed
276
Avg DOM
326
Avg $ / SqFt
$1,255,211
Avg List Price

Property Details

Price:
$940,000
MLS #:
73475049
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Listed Date:
Feb 6, 2026
Finished Sq Ft:
1,955
Total Sq Ft:
1,955
Lot Size:
3,498 sqft / 0.08 acres (approx)
Year Built:
1925
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School
Construction Materials
Frame
Parking Features
Paved Drive
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$70,680
Tax Year
2025
Taxes
$7,962

Map

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Property Summary

    16 Oakland St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $940,000 To schedule a showing of MLS#73475049 at 16 Oakland 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.,…

More About James
16 Oakland St
Salem, MA