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Active Under Contract

56 Peabody Street #3-E

Salem, MA 01970

$325,000
2Bedrooms
1Bathrooms
835Square feet
1915Year built

Residential · Active Under Contract · MLS #73538856
Listing Courtesy of Stuart St James, Inc. | Karen O'Brien

MLS PIN data

About this home

Great first time buyer unit. Where can you find a clean, renovated unit with a view like this for this price? Elegant new hardwood floors throughout (2020). Corner unit with lots of natural light and views of Pickering wharf area. 2 Bedrooms or 1 bedroom with a den or office. Large closets, new kitchen (2020), clean and bright. Basement has coin-op washers and dryers. Only 8 units in the building. Small & private outdoor deck area. No pets. Make this condo your home and walk to transportation (.6 Miles), Salem Visitors Center is .2 miles, restaurants, coffee places, and the ocean and marina. Salem Harbor Walk-Arts district of Salem with famous Murals along Peabody Street is outside your door. Includes ONE assigned off street parking spot. Agent is related to seller. HOA fee $400./month. On Lockbox. Show anytime.

Property information

Details at a glance

Interior

Rooms
5
Heating
Central, Baseboard, Oil
Cooling
None
Flooring
Wood

Building

Style
Condominium
Year built
1915
Parking
1
Roof
Rubber

Land & utilities

Water
Public
Sewer
Public Sewer
Zoning
R3

Financial

Annual taxes
$2,455
Assessment year
2026
HOA fee
400

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$334,725

Estimated range $300,240$369,209

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Sold Jul 13, 2026$335,000

7 Winter St #D

Sold Jul 8, 2026$337,900

280 Village Street #D 2

Photo insights

Condition signals

Overall presentationabove average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Downtown

MetricThis propertyDowntown
List price$325,000$449,00028% below local
Price / sq ft$389$4126% below local
Days on market7126173% above local
Explore homes in Salem

Active neighborhood listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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Common questions

About 56 Peabody Street #3-E

Can I schedule a private showing?

Yes. Request a tour of 56 Peabody Street #3-E and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.