- beds
- 3
- baths
- 2
- sq ft
- 1,425
- Built
- 1969
40 Lou Avenue
Salem, NH 03079
Upcoming open house
Sat, Sep 12 · 10:00 AM–12:00 PM
Arrive prepared.
Planning to stop by? Register and we’ll send our buyer’s guide covering financing, touring homes, making an offer, inspections, and closing.
Registration is optional—you’re welcome to attend without signing up.
Residential · Active · MLS #5108509
Listing Courtesy of Keller Williams Realty Success | Arthur Durkin, Michelle Durkin
The home
About this home
Welcome to 40 Lou Ave. This well-maintained 3-bedroom, 2-bath split-entry home in Salem, NH, with valuable updates already completed. Improvements include a new boiler and updated bathrooms in 2022, an updated electrical panel and new Trex decking in 2024, a roof completed in 2020, and hardwood flooring added to the bedrooms in 2019. Inside, abundant natural light and a flexible layout create comfortable spaces for everyday living, working from home, or entertaining. Outside, the deck overlooks a spacious, private backyard with plenty of room for gatherings, gardening, recreation, or relaxing. Located in a quiet neighborhood with pleasant streets for walking, the home is just 5–10 minutes from groceries, coffee shops, parks, the library, restaurants, and gyms. The neighborhood connects to the town forest, providing a scenic one-mile walk to Millville Pond Beach. Convenient highway access also makes it easy to reach Boston, the New Hampshire mountains, and nearby beaches. This home combines practical updates, generous outdoor space, and everyday convenience in a desirable Salem location. Offer deadline Monday, 9/14 at 5 pm.
Property information
Details at a glance
Interior3 property facts
- Rooms
- 6
- Heating
- Hot Water, Oil
- Flooring
- Carpet, Ceramic Tile, Hardwood, Vinyl
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1969
- Garage
- 1
- Parking
- 1
- Roof
- Shingle
Land & utilities3 property facts
- Lot size
- 0.4 acres
- Water
- Public
- Zoning
- RES
Financial2 property facts
- Annual taxes
- $7,022
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $549,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,366 / monthAdjust
- Principal & interest
- $2,781
- Property tax
- $585
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,022. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
No additional listing history is available for public display.
Compare with confidence
Price & market context
See how this home compares with active listings in Salem.
| Metric | This home | Local listings |
|---|---|---|
| List price | $549,900 | $599,9008% below local |
| Price / sq ft | $386 | $3675% above local |
| Days on market | 1 | 3297% below local |
Active city listing statistics from PrimeMLS as of September 12, 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.
Need help making sense of this home?
Common questions
About 40 Lou Avenue
Can I request a private showing?
Request a tour of 40 Lou Avenue 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.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.
Research before you tour
We’ll help you get the available information about this home.