For Sale
Multi family home for sale at 233 Lafayette, Salem, MA 01970 | MLS# 73576567 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 233 Lafayette, Salem, MA 01970 | MLS# 73576567 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 233 Lafayette, Salem, MA 01970 | MLS# 73576567 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 233 Lafayette, Salem, MA 01970 | MLS# 73576567 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 233 Lafayette, Salem, MA 01970 | MLS# 73576567 | Listing updated on 2026-09-18
18+
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$7,699,000

Monthly Est:$38,321

  • Beds Icon32 Beds
  • Beds Icon
    26 Baths
  • Beds Icon17,744sqft

233 Lafayette, Salem, MA 01970

$38,321/moEst:

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  • Multi Family

  • Built in 1915

  • $-- HOA

  • 0.24 acre lot

  • $434/sq.ft

Description

Rare opportunity to acquire a fully renovated 26-unit brick asset in one of Salem’s most active rental markets. The Property consists of twelve (12) one-bedroom units, six (6) two-bedroom units and eight (8) studios. 233 Lafayette Street offers investors immediate scale, strong in-place income, and a true turnkey profile with major capital improvements already executed. The property has undergone an extensive renovation in 2020, including a new roof, fully upgraded electrical, new boilers and hot water storage and a new sprinkler system. Unit interiors have been upgraded across the board with updated kitchens and baths with 15 of the units featuring in-unit laundry. See a...

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  • Houzeo last checked: 13 minutes ago
  • Listing updated: September 18, 2026 at 7:05 am
  • Listing Provided by: Francesca Little (978) 973-7277 | Little & Co., REALTORS® (978) 745-4447
  • Source: MLS Property Information Network-MA | MLS#: 73576567 MLS Property Information Network-MA

Part of

Building
233 Lafayette
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Essex County

  • City

    Salem

  • Neighborhood

    --

  • Year Built

    1915

  • HOA Fees

    -

  • Finished Area

    17,744 sqft

  • Lot Size

    0.24 acre lot

  • Basement Area

    - sqft

  • MLS Name

    MLS Property Information Network

  • MLS Number

    73576567

  • MLS Status

    Active

  • Days on Market

    6

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 32

    Bathrooms: 26

Interior

  • Flooring

    Wood

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1915

  • Home type

    Multi Family

  • Construction Materials

    Brick

  • Foundation Details

    Concrete Perimeter

  • Roof

    Rubber

Utilities & Energy

  • Water Source

    Public

Other Features

  • Community Features

    Public Transportation, Park, Medical Facility, Laundromat, House Of Worship, Public School, T Station, University

  • Disclosures

    Buyers To Do Their Own Due Diligence To Verify All Income And Expenses. Total Monthly Rent Is $57, 935. Max Allowed In Mls Is $32, 767. Some Photos Have Been Virtually Staged And Edited.

  • Lot Features

    Other

Price History

DateEventPrice

09/14/2026

Source: mls_logoMLS Property Information Network-MA #73576567

Listed for Sale

$7,699,000 -3.70%

$434/sqft

05/01/2026

Source: mls_logoMLS Property Information Network-MA #73494351

Listing Removed

$7,995,000

$451/sqft

04/01/2026

Source: mls_logoMLS Property Information Network-MA #73494351

Listed for Sale

$7,995,000 +87.02%

$451/sqft

01/13/2020

Source: mls_logoMLS Property Information Network-MA #72573891

Price Decreased

$4,275,000 -9.04%

$241/sqft

01/13/2020

Source: mls_logoMLS Property Information Network-MA #72573891

Sold

$4,700,000

$265/sqft

Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Sep 21, 2026, 04:00AM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.

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