Active
15 1/2 Palmer
Salem, MA 01970
Residential Income · Active · MLS #73556225
Listing Courtesy of Little & Co., REALTORS® | Francesca Little
MLS PIN data
About this home
Located on a quiet side street just moments from downtown Salem, this deleaded three-family property presents an outstanding investment opportunity with a proven rental history. The Property features three (3) spacious two-bedroom units, making it an attractive option for both investors and owner-occupants seeking stable income. Well maintained throughout, the property includes modern high efficiency Navien heating systems, a convenient coin-operated laundry area, covered rear porches, a fenced in backyard for shared outdoor space and parking for all three units. The Property is currently occupied by long-term tenants, providing immediate and consistent rental income. The owner pays for heat and hot water, tenants are responsible for electric.
Property information
Details at a glance
Interior
- Rooms
- 14
- Heating
- Natural Gas
Building
- Style
- 3 Family
- Year built
- 1915
- Parking
- 4
- Foundation
- Concrete Perimeter
- Roof
- Shingle
Land & utilities
- Lot size
- 0.09 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- R3
Financial
- Annual taxes
- $8,054
- Assessment year
- 2025
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
An informed starting point
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Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Salem
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
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Common questions
About 15 1/2 Palmer
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