5 Wall St, Salem, MA 01970
Property image
Property image
OFF MARKET

5 Wall St
Salem, MA 01970

  • 5 Beds
  • 1,582 sqft

$789,800

Trulia Estimate
as of Jul 21, 2026
Est. Refi. Payment $4,714/mo*

$789,800

Trulia Estimate
as of Jul 21, 2026
Est. Refi. Payment $4,714/mo*
5 Beds
1,582 sqft

Local Information

  • Map ViewExplore the area around 5 Wall St.
  • Schools2 Preschool Schools5 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Quiet, Gallows Hill neighborhood two-family with large corner lot and four off street parking spaces, perfect for owner occupant or investor. New roof and solar panel system installed in 2016, updated electric service, insulated windows, two baths updated in 2017, common heat and tankless hot water. Property needs redecorating but rents below market neighborhood rents.
5 Wall St, Salem, MA 01970 is a 5 bedroom, 1,582 sqft multi-family built in 1870. It last sold for $670,000 on Jun 30, 2022. It is currently off market. The Trulia Estimate is $789,800, with a rent estimate of $3,211/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 5 Wall St

Interior Features

Interior Details
BasementNumber of Rooms: 12
Heating & Cooling
Heating: Other, GasHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl
Parking & Garage
Parking Spaces: 5

Property Information

Year Built
Year Built: 1870
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 5858 sqft

Price History for 5 Wall St

DatePriceEventSource
06/30/2022$670,000Sold
MLS PIN #72983203
05/24/2022$639,900ContingentMLS PIN #72983203
05/18/2022$639,900Listed For SaleMLS PIN #72983203
10/30/2017$385,000Sold
N/A
09/02/2017$369,000PendingAgent Provided
08/22/2017$369,000Listed For SaleAgent Provided
12/25/2012$250,000ListingRemovedAgent Provided
12/01/2012$250,000PriceChange
Agent Provided
07/25/2012$285,000Listed For SaleAgent Provided
09/18/2010$260,000ListingRemovedAgent Provided
06/11/2009$230,000Sold
N/A
06/04/2009$260,000Listed For SaleAgent Provided
05/01/2009$260,000ListingRemovedAgent Provided
12/03/2008$260,000PriceChange
Agent Provided
09/25/2008$279,999PriceChange
Agent Provided
08/24/2008$289,900PriceChange
Agent Provided
07/16/2008$299,900PriceChange
Agent Provided
06/24/2008$319,900Listed For SaleAgent Provided

Market trends in Salem

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$573K
$5K
MoM
Sale-to-List Price
100.1%
1.0%
MoM
Price per sq ft
$422
$10
MoM
Available listings
133
25
MoM
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Property Tax and Assessment

Year2025
Tax$7,107
Assessment$626,700
Home facts updated by county records

Comparable Sales for 5 Wall St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Multi-Family Home
$701,000
09/26/25
4
2.5
2,128
0.13
Multi-Family Home
$905,000
02/13/26
6
3
2,536
0.19
Multi-Family Home
$875,000
11/03/25
7
3
2,808
0.37
Multi-Family Home
$580,000
01/23/26
6
2.5
3,116
0.49
Multi-Family Home
$725,000
01/13/26
6
2
2,658
0.33
Multi-Family Home
$645,000
08/15/25
7
3
2,862
0.52
Multi-Family Home
$690,000
05/29/26
5
2
2,430
0.58
Multi-Family Home
$780,000
07/21/25
6
2
2,250
0.69
Multi-Family Home
$650,000
04/17/26
6
2
2,088
0.56
Multi-Family Home
$673,000
10/30/25
5
2
1,980

Nearby homes

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Assigned Schools

These are the assigned schools for 5 Wall 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 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"
  • 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. "
  • 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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