2 Phelps St, Salem, MA 01970
Property image
Property image
OFF MARKET

$850,100

Trulia Estimate
  • 5 Beds
  • 2.5 Baths
  • 2,778 sqft

2 Phelps St, Salem, MA 01970

Est. Refi. Payment $5,349/mo*
Refinance Your Home
Currently Off Market - Sold Dec 5, 2024 for $785,000

Home Value

Trulia Estimate
$850K
Since last month
Increased$12K (+1.4%)
Since last year
Increased$60K (+7.6%)
Since last sale
Increased$69K (+8.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +101% in the last 10 years
MonthEstimated value
2026
September 2026$854K
August 2026$843K
July 2026$874K
June 2026$872K
May 2026$878K
April 2026$840K
March 2026$886K
February 2026$851K
January 2026$870K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
22 Prescott St, Salem, MA
0.21
Multi-Family Home
$735,000
02/17/26
6
3
2,594
82 Flint St, Salem, MA
0.43
Multi-Family Home
$690,000
05/29/26
5
2
2,430
126 1/2 Federal St, Salem, MA
0.32
Multi-Family Home
$975,000
06/26/26
4
3
2,926
7 May St, Salem, MA
0.19
Multi-Family Home
$611,000
08/06/26
2
2
2,052
22 Hanson St, Salem, MA
0.53
Multi-Family Home
$875,000
11/03/25
7
3
2,808
3 Chase St, Salem, MA
0.58
Multi-Family Home
$650,000
03/23/26
5
2
3,378
23 River St, Salem, MA
0.39
Multi-Family Home
$745,000
03/24/26
4
2.5
1,376

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
6 Flint St #1, Salem, MA 01970
0.06
$533,100
2
1
1,110
Off Market
42 Broad St #3, Salem, MA 01970
0.05
$449,900
2
2
1,060
For Sale
42 Broad St #4, Salem, MA 01970
0.05
$496,200
2
2
1,060
Off Market
42 Broad St #5, Salem, MA 01970
0.05
$496,000
2
2
1,020
Off Market
40 Broad St, Salem, MA 01970
0.06
$816,200
3
1.5
1,612
Off Market
38 Broad St #2, Salem, MA 01970
0.07
$601,600
3
1
1,389
Off Market
7 Phelps St #1, Salem, MA 01970
0.03
$459,900
2
1
966
Off Market
9 Phelps St, Salem, MA 01970
0.04
$830,000
3
1.5
1,674
Recently Sold
31 Broad St, Salem, MA 01970
0.06
$1,587,400
5
4
3,899
Off Market
61 Broad St #2, Salem, MA 01970
0.06
$699,000
3
2.5
1,653
Off Market
10 Hathorne St, Salem, MA 01970
0.06
$1,426,800
3
2.5
3,074
Off Market

Local Information

  • Map ViewExplore the area around 2 Phelps St.
  • Schools2 Preschool Schools5 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1920
2,778 sqft
$306/sqft
3 Open Spaces

About this House

What's unique:Back deckNewer roofSunny front porchesAmple basement storage
Generous 2 Family, perfect for owner occupancy or income generating investment property! Each unit has 11 year old gas furnaces with central air. Newer roof, 3 car tandem parking, ample basement storage with washer/dryer hookups. The first floor unit features 2 large bedrooms, living room, dining room, full bath and eat in kitchen with alcove. Second unit offers a living room, dining room, full bath, eat in kitchen with alcove and1 large bedroom on the second floor with 2 more bedrooms and half bath on the third. A back deck on each floor overlooks the tree lined yard. The sunny front porches overlook a quiet cul-de-sac. This location set just off of Broad St and is convenient to all that Salem has to offer. Close to Essex St for an easy in and out of Salem and just blocks from downtown shops and restaurants.
2 Phelps St, Salem, MA 01970 is a 5 bedroom, 3 bathroom, 2,778 sqft multi-family built in 1920. It last sold for $785,000 on Dec 5, 2024 (2% below the $799,000 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $3,000 per month. That rental listing was removed on May 15, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $850,100, with a rent estimate of $2,509/month.
Last check for updates: about 3 hours ago
Listed by Sheri Ayers Trocchi, (617) 852-4051
J. Barrett & Company, (978) 468-0046
Bought with: Kristopher Gergler, (617) 543-2889, Cameron Real Estate Group, (781) 486-3180
Source: MLS PIN, MLS#73294627

Home Details for 2 Phelps St

Interior Features

Interior Details
Basement: Full,Concrete,UnfinishedNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2778 Square Feet
Appliances & Utilities
Utilities: for Electric Range, for Electric Dryer, Washer HookupAppliances: Range, Dishwasher, RefrigeratorDishwasherLaundry: Washer Hookup,Dryer Hookup,Electric Dryer HookupRefrigerator
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Insulated WindowsFlooring: Tile, Hardwood
Levels, Entrance, & Accessibility
Number of Stories: 3Floors: Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Porch, EnclosedFoundation: Stone
Parking & Garage
Open Parking Spaces: 3No GarageHas Open ParkingParking Spaces: 3Parking: Paved Drive,Off Street,Tandem,Paved
Frontage
Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Up/Down
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Parcel Number: 2131742

Price & Status

Price
List Price: $799,000
Status Change & Dates
Off Market Date: Wed Oct 23 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Salem

Building

Building Area
Building Area: 2778 Square Feet

Community

Community Features: Public Transportation, Shopping, Medical Facility, LaundromatNot Senior Community

Lot Information

Lot Area: 3598 sqft

Offer

Listing Terms: Contract

Rental Terms, Policies & Fees

Rent Includes: Unit 1(Water), Unit 2(Water)

Miscellaneous

BasementMls Number: 73294627

Additional Information

Public TransportationShoppingMedical FacilityLaundromat

Price and Tax history

DateEventPrice
May 15, 2025
Source: Zillow Rentals
ListingRemoved
$3,000
Mar 31, 2025
Source: Zillow Rentals
Listed For Rent
$3,000
Dec 5, 2024
Source: MLS PIN #73294627
Sold
$785,000
Oct 15, 2024
Source: MLS PIN #73294627
PriceChange
$799,000
Price decreased by 7%
Sep 25, 2024
Source: MLS PIN #73294627
Listed For Sale
$856,500

Market trends in Salem

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$587K
$13KMoM
Sale-to-List Price
100.7%
0.2%MoM
Price per sq ft
$419
$11MoM
Available listings
126
7MoM

Around this home

What Locals Say about Salem

At least 438 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 people would walk alone at night

  • 69 % Say streets are well-lit

  • 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

  • 42 % Say there's wildlife

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Salem has a lot to offer young children"
    0
    Flag
  • 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!"
    0
    Flag
  • 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."
    0
    Flag
  • 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"
    0
    Flag
  • Qwtcqs9f4h
    "There can be a lot of traffic at times but I work remotely so I can’t answer too specifically. "
    0
    Flag
  • Jw4bwyxzfn
    "I drive my own vehicle. There are plenty of buses and trains and public transport that is like any other city, "
    0
    Flag
  • 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 "
    0
    Flag
  • 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 "
    0
    Flag
  • Trulia User
    "keeping eyes on each others respectful discipline and understanding, protecting eachothers, . their neighbors "
    4
    Flag
  • 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. "
    2
    Flag
  • 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!"
    1
    Flag
  • 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". "
    0
    Flag
  • 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"
    8
    Flag
  • 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 "
    6
    Flag
  • Maxsons
    "Great parks and close to downtown activities and the museum is right there very close schools, walking distance "
    1
    Flag
  • 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"
    2
    Flag
  • 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. "
    0
    Flag
  • 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!"
    2
    Flag
  • Carl Panzram
    "My neighborhood boasts the uniquely gigantic one way street to observe all the ballin’ colonial mansions."
    4
    Flag
  • 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. "
    0
    Flag
  • 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 "
    2
    Flag
  • 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"
    2
    Flag
  • 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!"
    1
    Flag
  • 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. "
    0
    Flag
  • 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!"
    27
    Flag
  • Sheree
    "Just moved here and love the community vibe. Very safe and beautiful. Feels like vacation every day. "
    0
    Flag
  • Michaeldossantos83
    "nice place to walk dogs and very dog friendly. almost everyone has dogs here. also lots of interesting places and dog parks."
    3
    Flag
  • Cmsmous
    "Beautiful neighborhood I love it . Very convenient to comité to Boston using the commuter rail or boating "
    1
    Flag
  • Jaesundarkson
    "All the stores in town are very dog friendly and people have a great fondness and are very welcoming to dogs in Salem."
    0
    Flag
  • Chztruck
    "Haunted Happenings, waterfront, national park service, Peabody Essex Museum, restaurants, Ferry to Boston, commuter rail."
    0
    Flag
  • 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"
    0
    Flag
  • Sheree
    "Great area very community focused great neighbors very kid and dog friendly. Easy access to parks and water"
    0
    Flag
  • Aileen D. L. C.
    "There is a dog park nearby and everyone walks their dogs and the neighborhood is extremely Dog friendly. "
    0
    Flag
  • 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. "
    0
    Flag
  • Jazconley
    "There are a lot of Art events, Farmers Market. Halloween is a must in October! Salem cinema, and many restaurants."
    0
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 2 Phelps St

  • What is 2 Phelps St estimated to be worth?
    Trulia's estimated value for 2 Phelps St in Salem, MA is $850,100.
  • What is the price history for 2 Phelps St?
    2 Phelps St in Salem, MA last sold for $785,000 in December 2024.
  • Is Salem a buyer's or seller's market?
    Salem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Salem?
    The median sale price in Salem is $587K. That is up $13K from the prior month.
  • Does 2 Phelps St have air conditioning?
    Yes, 2 Phelps St in Salem, MA has air conditioning.
  • Does 2 Phelps St have laundry facilities?
    Yes, 2 Phelps St in Salem, MA has laundry facilities.

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