5 Willow Ave Salem — Photo 1 of 25
$875,000
5 Willow Ave, Salem, MA 01970
Salem, MA 01970 — South Salem
Beds
5
Baths
3
SqFt
2,229
Style
2 Family - 2 Units Up/Down
Built
1890
Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem’s shops, restaurants, commuter rail, and ferry to Boston, and don’t miss the small neighborhood beach at the end of the street!
Key facts
It was listed on September 16, 2026. The annual property taxes are $7,309 (2026 tax year). It sits on a 0.06-acre (2,448 sq ft) lot.
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 • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Questions about this home
When was 5 Willow Ave, Salem listed?
5 Willow Ave, Salem was listed on September 16, 2026.
Has the price of 5 Willow Ave, Salem changed?
The price hasn't changed since it was listed at $875,000.
What are the property taxes for 5 Willow Ave, Salem?
The annual property taxes for 5 Willow Ave, Salem are $7,309 (2026 tax year).
How big is the lot at 5 Willow Ave, Salem?
5 Willow Ave, Salem sits on a 0.06-acre (2,448 sq ft) lot.
What is the status of 5 Willow Ave, Salem?
5 Willow Ave, Salem is actively listed for sale.
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
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Strobeck Antonell Bull Group
Listing Office: Compass
MLS® Number: 73578416
