18 Peabody St
Salem, MA 01970
- 9 Beds
- 3 Baths
- 3,234 sqft
9 Beds
3 Baths
3,234 sqft
Local Information
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Description
Attention Investors take a look at this rare opportunity located at 18 Peabody Street in downtown Salem. This oversized brick 3-story residential building boasts a total square footage of 4,312 with a rentable square footage of 3,234. The property consists of three (3) Three-bedroom stacked units. All units are separately metered for both gas heat, forced air and electrical. This opportunity includes $180,000 in State Historic Tax Credit awards as well as Federal Historic Tax Credits equal to 20% of the renovation costs. The tax credits directly correlate with final renovation costs and required compliance with Massachusetts Historic design standards. 18 Peabody Street is ideally located in downtown Salem and in close proximity to Lafayette Street and Derby Street which is the main corridor for downtown. The property will be delivered vacant making this an ideal situation for a developer/investor to commence work immediately.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 15, 2023
Home Highlights
Parking
0 Open Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
125 days ago
Home Details for 18 Peabody St
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Interior Details Basement: PartialNumber of Rooms: 15 |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3234 Square FeetFoundation Area: 1078 |
Appliances & Utilities Utilities: for Electric Range |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: 150 Amp Service |
Windows, Doors, Floors & Walls Flooring: Tile, Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Tile, Hardwood |
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Exterior Home Features Roof: RubberFoundation: Concrete Perimeter, Block |
Parking & Garage No GarageHas Open ParkingParking: Open |
Frontage Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 3 Family - 3 Units Up/Down |
Building Construction Materials: Frame, BrickDoes Not Include Home Warranty |
Property Information Parcel Number: 2135879 |
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Price List Price: $799,900 |
Status Change & Dates Off Market Date: Wed Nov 01 2023 |
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MLS Status: Sold |
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Direction & Address City: Salem |
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Building Area Building Area: 3234 Square Feet |
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Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School, T-Station, UniversityNot Senior Community |
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Lot Area: 1559 sqft |
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BasementMls Number: 73175570 |
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Public TransportationShoppingParkWalk/Jog TrailsLaundromatPublic SchoolT-StationUniversity |
Last check for updates: about 9 hours ago
Listed by Dan Pouladian, (617) 548-7737
North Shore Realty Advisors, (617) 548-7737
Sara Pouladian, (617) 910-6646
Bought with: Tanya Palmer, (781) 248-2338, Palmer Properties & Real Estate, Inc., (781) 248-2338
Source: MLS PIN, MLS#73175570
Price History for 18 Peabody St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/01/2024 | ListingRemoved | Zillow Rentals | |
| 12/21/2023 | $3,000 | Listed For Rent | Zillow Rentals |
| 12/15/2023 | $790,000 | Sold | MLS PIN #73175570 |
| 10/31/2023 | $799,900 | Listed For Sale | MLS PIN #73175570 |
| 07/11/2019 | $510,000 | Sold | N/A |
| 12/01/2017 | $456,000 | Sold | N/A |
| 07/20/2001 | $245,000 | Sold | N/A |
| 02/11/2000 | $153,000 | Sold | N/A |
| 06/22/1999 | $48,200 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,074 |
| Assessment | $712,000 |
Home facts updated by county records
Comparable Sales for 18 Peabody St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $602,000 | 08/06/25 | 5 | 2 | 1,674 | |
0.25 | Multi-Family Home | $1,000,000 | 02/02/26 | 9 | 3 | 5,313 | |
0.18 | Multi-Family Home | $1,050,000 | 06/04/25 | 8 | 4 | 4,486 | |
0.28 | Multi-Family Home | $650,000 | 03/23/26 | 5 | 2 | 3,378 | |
0.33 | Multi-Family Home | $735,000 | 02/17/26 | 6 | 3 | 2,594 | |
0.50 | Multi-Family Home | $820,000 | 06/05/25 | 5 | 3 | 2,056 | |
0.40 | Multi-Family Home | $910,000 | 08/28/25 | 6 | 3 | 2,943 | |
0.38 | Multi-Family Home | $830,000 | 11/06/25 | 5 | 2 | 2,409 | |
0.36 | Multi-Family Home | $1,149,000 | 07/18/25 | 7 | 4.5 | 2,858 | |
0.62 | Multi-Family Home | $1,050,000 | 12/02/25 | 6 | 3 | 3,468 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 18 Peabody St.
What Locals Say about Salem
At least 436 Trulia users voted on each feature.
90 % Say there are sidewalks
86 % Say it's dog friendly
81 % Say it's walkable to restaurants
72 % Say there's holiday spirit
70 % Say streets are well-lit
70 % Say people would walk alone at night
64 % Say car is needed
61 % Say parking is easy
61 % Say it's walkable to grocery stores
60 % Say yards are well-kept
59 % Say kids play outside
56 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
50 % Say it's quiet
41 % Say there's wildlife
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 18 Peabody St
Off Market Homes Near 18 Peabody St
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Homes for rent near 18 Peabody St
18 Peabody St, Salem, MA 01970 is a 9 bedroom, 3 bathroom, 3,234 sqft multi-family built in 1915. This property is not currently available for sale. 18 Peabody St was last sold on Dec 15, 2023 for $790,000 (1% lower than the asking price of $799,900). The current Trulia Estimate for 18 Peabody St is $1,097,000.

