18 Peabody St, Salem, MA 01970
OFF MARKET

18 Peabody St
Salem, MA 01970

  • 9 Beds
  • 3 Baths
  • 3,234 sqft

$1,097,000

Trulia Estimate
as of May 31, 2026
Est. Refi. Payment $6,375/mo*

$1,097,000

Trulia Estimate
as of May 31, 2026
Est. Refi. Payment $6,375/mo*
9 Beds
3 Baths
3,234 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $799,900
Status Change & Dates
Off Market Date: Wed Nov 01 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: Salem

Building

Building Area
Building Area: 3234 Square Feet

Community

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School, T-Station, UniversityNot Senior Community

Lot Information

Lot Area: 1559 sqft

Miscellaneous

BasementMls Number: 73175570

Additional Information

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

DatePriceEventSource
03/01/2024ListingRemovedZillow Rentals
12/21/2023$3,000Listed For RentZillow Rentals
12/15/2023$790,000Sold
MLS PIN #73175570
10/31/2023$799,900Listed For SaleMLS PIN #73175570
07/11/2019$510,000Sold
N/A
12/01/2017$456,000Sold
N/A
07/20/2001$245,000Sold
N/A
02/11/2000$153,000Sold
N/A
06/22/1999$48,200Sold
N/A
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Property Tax and Assessment

Year2025
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

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Assigned Schools

These are the assigned schools for 18 Peabody St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Melanie Lam
    "Amazing town with wonderful people! 10/10 recommend living here. Very clean and well maintained! Very diverse and accepting community as well! So much to do and see! The parks are beautiful and the beaches are fun! Great for families!"
  • Belindakindell
    "I took public transportation to Revere by way of bus and a connection at Wonderland T Station and I found it to be very efficient and very timely. There’s also a bus that goes directly into Haymarket. I’d be interested in trying that as well."
  • Cindy Paulino
    "It’s a good Neighbourhood to walk dogs family, friendly, much fun, fun fun fun fun. Any kids around the neighborhood to walk"
  • Qwtcqs9f4h
    "There can be a lot of traffic at times but I work remotely so I can’t answer too specifically. "
  • Jw4bwyxzfn
    "I drive my own vehicle. There are plenty of buses and trains and public transport that is like any other city, "
  • Chad B Perry
    " Joe has been on the field since the beginning and has been a great addition to our team and we are excited about him "
  • Roselie Samter
    "Very dog friendly. Shops have water for dogs, lots of green spaces. There are a lot of tourists. Nervous anxious dogs might feel crowded "
  • Trulia User
    "keeping eyes on each others respectful discipline and understanding, protecting eachothers, . their neighbors "
  • Trulia User
    "I've lived here for about 5 years now and it is a great neighborhood. everyone is friendly and outgoing and there is a convenience store within walking distance and a close ride to downtown Salem or peabody. "
  • Trulia User
    "my neighborhood is great because you're in between downtown Salem and the highway so you don't have to drive through Salem during Halloween at all!"
  • Trulia User
    "I live here from 1 year and i like the position near the city and highways. I dont like only that "its not the feeling of comunity and neighborhood feeling". "
  • Shannon D.
    "The dog park is great if you don’t have a yard! It’s on north street in Salem, just have to make sure to register prior to entry"
  • Credicab85
    "Ive lived here my whole life and love it friendly historic area and unique neighborhoods. Amazing to see the old houses still in perfect condition, right next to brand new construction "
  • Maxsons
    "Great parks and close to downtown activities and the museum is right there very close schools, walking distance "
  • Darlenis S.
    "Close by to where we live. Train station is about 5 minutes away and there are bus stops pretty much on every corner"
  • Pagemasterdesigns
    "I’ve lived in Salem for 26 years. Most of that time has been in South Salem. Everyone is very friendly, dog owners respectful, the city keeps it super clean. It’s a great place to live. We raised 5 children here and all attended the public schools. "
  • Ally K. S.
    "The dog park is great. They have a small one for the little pups! lots of public parks and beaches. Lots of nice land scape to look at on walks!"
  • Carl Panzram
    "My neighborhood boasts the uniquely gigantic one way street to observe all the ballin’ colonial mansions."
  • ARBrandner
    "Great access to public transit; We are close to 128/95, 1, and 1A. Traffic can be brutal in October, but is not so terrible that I would want to move. "
  • Pagemasterdesigns
    "There is great access to public transportation all around Salem. The traffic is a nightmare though. We commute to Woburn daily and must leave an hour and a half early to get there. That is the downside. Traffic in and out of Salem is horrible most days too. You have to know the back roads to get around fairly quickly "
  • Mia E. F.
    "it's a real life Halloween town with the positives of both a small town and a court all rolled into one"
  • Krystle R.
    "I don’t live in the area I work in the area every October and I love it, aside from tourist traffic but I would love to live here!"
  • Stephanie W.
    "Salem is crowded & expensive. I don’t know much about the schools, if I had to guess, I’d probably chose private school. "
  • Jennifer A. L.
    "I've lived here for 3 years and its family friendly, with people from all walks of life, we have become.close with our neighbors!"
  • Sheree
    "Just moved here and love the community vibe. Very safe and beautiful. Feels like vacation every day. "
  • Michaeldossantos83
    "nice place to walk dogs and very dog friendly. almost everyone has dogs here. also lots of interesting places and dog parks."
  • Cmsmous
    "Beautiful neighborhood I love it . Very convenient to comité to Boston using the commuter rail or boating "
  • Jaesundarkson
    "All the stores in town are very dog friendly and people have a great fondness and are very welcoming to dogs in Salem."
  • Chztruck
    "Haunted Happenings, waterfront, national park service, Peabody Essex Museum, restaurants, Ferry to Boston, commuter rail."
  • Jaydan20008
    "great place to leave quiet neighborhood everything is there and fun in Halloween i want to buy a house in salem because i fall in love with salem"
  • Sheree
    "Great area very community focused great neighbors very kid and dog friendly. Easy access to parks and water"
  • Aileen D. L. C.
    "There is a dog park nearby and everyone walks their dogs and the neighborhood is extremely Dog friendly. "
  • Tirwa_kailash2009
    "Very quite area, helpful neighbor. Walk to history of witch museum and every thing around this place. Anything leave outside will not loss and taken by anyone. "
  • Joehascrabs
    "The streets are drag racing strips from people trying to avoid the many many many traffic lights. Speed signs are not enforced on side streets so children can't play outside."
  • Jazconley
    "There are a lot of Art events, Farmers Market. Halloween is a must in October! Salem cinema, and many restaurants."

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Homes for sale near 18 Peabody St

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Off Market Homes Near 18 Peabody St

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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.

Homes for rent near 18 Peabody St

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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.