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.
Key facts
It was listed on July 20, 2026. The price has come down from an original $1,299,000 to $1,249,900, most recently on August 3, 2026. The annual property taxes are $10,433 (2026 tax year). It sits on a 0.07-acre (3,123 sq ft) lot.
No longer available to tour
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
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
Questions about this home
When was 8 Saunders St, Salem listed?
8 Saunders St, Salem was listed on July 20, 2026.
Has the price of 8 Saunders St, Salem changed?
The price has come down from an original $1,299,000 to $1,249,900, most recently on August 3, 2026.
What are the property taxes for 8 Saunders St, Salem?
The annual property taxes for 8 Saunders St, Salem are $10,433 (2026 tax year).
How big is the lot at 8 Saunders St, Salem?
8 Saunders St, Salem sits on a 0.07-acre (3,123 sq ft) lot.
What is the status of 8 Saunders St, Salem?
8 Saunders St, Salem is under contract, and the MLS still lists it as active.
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: Herrick Lutts Realty Partners
Listing Office: Herrick Lutts Realty Partners
MLS® Number: 73552285
No longer available to tour
