5 Malm Ave
Salem, MA 01970
- 4 Beds
- 2 Baths
- 2,594 sqft
$801,200
as of Jul 8, 2026
$801,200
as of Jul 8, 2026
4 Beds
2 Baths
2,594 sqft
Local Information
-- mins to
Description
Welcome to 5 Malm Ave in Salem! This large, ranch home is located in a quiet neighborhood off of Highland Ave, minutes to historic downtown Salem, public transportation, Salem Hospital, Salem State College, and Salem High School. You are welcomed into the home with newly restored hardwood floors (photos are the original hardwood) and fresh paint throughout the main level which includes the dining room, living room, updated kitchen, three bedrooms, and full bathroom. The finished basement is perfect for an "in-law" apartment with a kitchen, living and dining room, bedroom, bonus room, and bathroom. Attached is an oversize, two-car garage with plenty of workspace and storage. This home offers two driveways for ample parking, as well as a large, fenced in yard. Offers are due by Monday 12/14 at 3pm, please allow 24 hours for a response.
5 Malm Ave, Salem, MA 01970 is a 4 bedroom, 2 bathroom, 2,594 sqft single-family home built in 1953. It last sold for $560,000 on Feb 5, 2021. It is currently off market. The Trulia Estimate is $801,200, with a rent estimate of $4,865/month.
Home Highlights
Parking
Garage
Outdoor
Pool
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5 Malm Ave
|
|---|
Interior Details BasementNumber of Rooms: 6 |
Heating & Cooling Heating: Baseboard, OilHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Hardwood |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
|
|---|
Exterior Home Features Roof: AsphaltExterior: Vinyl |
Pool Pool |
Parking & Garage GarageParking Spaces: 6Parking: Garage Attached |
|
|---|
Year Built Year Built: 1953 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 10454 sqft |
Price History for 5 Malm Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/05/2021 | $560,000 | Sold | N/A |
| 12/22/2020 | $559,000 | Pending | Agent Provided |
| 12/18/2020 | $559,000 | PriceChange | Agent Provided |
| 12/08/2020 | $569,000 | Listed For Sale | Agent Provided |
| 09/29/1989 | $210,000 | Sold | N/A |
Market trends in Salem
Last updated May 2026
Avg. sale price
$578K
$10.33KMoM
Sale-to-List Price
99.1%
Price per sq ft
$412
$27MoM
Available listings
108
19MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,542 |
| Assessment | $576,900 |
Home facts updated by county records
Comparable Sales for 5 Malm Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Single-Family Home | $640,000 | 02/05/26 | 4 | 2 | 2,273 | |
0.17 | Single-Family Home | $710,000 | 02/03/26 | 5 | 2.5 | 2,440 | |
0.38 | Single-Family Home | $620,000 | 12/11/25 | 3 | 2 | 1,950 | |
0.43 | Single-Family Home | $740,000 | 05/27/26 | 4 | 2 | 1,628 | |
0.05 | Single-Family Home | $600,000 | 07/30/25 | 3 | 1 | 1,408 | |
0.46 | Single-Family Home | $683,000 | 07/11/25 | 4 | 1.5 | 2,112 | |
0.25 | Single-Family Home | $725,000 | 08/07/25 | 3 | 1.5 | 1,801 | |
0.16 | Single-Family Home | $788,000 | 01/06/26 | 3 | 1 | 3,500 | |
0.63 | Single-Family Home | $670,000 | 11/21/25 | 4 | 2 | 1,819 | |
0.54 | Single-Family Home | $690,000 | 03/11/26 | 4 | 1.5 | 1,518 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5 Malm Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

