Active Under Contract
Price CutPrice Drop: $30K (10/31)
House for sale at 5 Willow Ave, Salem, MA 01970 | MLS# 73578416 | Listing updated on 2026-10-31
Photo 1 of House for sale at 5 Willow Ave, Salem, MA 01970 | MLS# 73578416 | Listing updated on 2026-10-31
Photo 2 of House for sale at 5 Willow Ave, Salem, MA 01970 | MLS# 73578416 | Listing updated on 2026-10-31
Photo 3 of House for sale at 5 Willow Ave, Salem, MA 01970 | MLS# 73578416 | Listing updated on 2026-10-31
Photo 4 of House for sale at 5 Willow Ave, Salem, MA 01970 | MLS# 73578416 | Listing updated on 2026-10-31
21+
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Street View

$845,000

Monthly Est:$4,206

  • Beds Icon5 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,229sqft

5 Willow Ave, Salem, MA 01970

$4,206/moEst:

Get Pre-Approved

  • Duplex

  • Built in 1890

  • $-- HOA

  • 0.06 acre lot

  • $379/sq.ft

Description

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem’s shops, restaurants, commuter rail, and ferry to Boston, and don’t miss the small neighborhood beach at the end of the street!

  • Houzeo last checked: 9 minutes ago
  • Listing updated: October 31, 2026 at 2:45 pm
  • Listing Provided by: Strobeck Antonell Bull Group (617) 510-0375 | Compass (617) 206-3333
  • Source: MLS Property Information Network-MA | MLS#: 73578416 MLS Property Information Network-MA

This condo is in:

Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Essex County

  • City

    Salem

  • Neighborhood

    --

  • Year Built

    1890

  • HOA Fees

    -

  • Finished Area

    2,229 sqft

  • Lot Size

    0.06 acre lot

  • Basement Area

    - sqft

  • MLS Name

    MLS Property Information Network

  • MLS Number

    73578416

  • MLS Status

    Contingent

  • Days on Market

    49

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1890

  • Home type

    Duplex

  • Roof

    Shingle

  • Foundation Details

    Stone, Brick/mortar

Utilities & Energy

  • Basement

    Unfinished

  • Water Source

    Public

  • Parking Features

    Paved Drive, Off Street

Other Features

  • Patio And Porch Features

    Patio

  • Disclosures

    1) Unit 1 Is Taw 2) Unit 2 Is Vacant. Two Bedrooms Don't Have Closets. 3) There Is No Common Electric Meter

  • Lot Features

    Level

  • Community Features

    Public Transportation, Shopping, Park, Walk/jog Trails, Medical Facility, Bike Path, Conservation Area, House Of Worship, Marina, Public School, University

Price History

DateEventPrice

10/31/2026

Source: mls_logoMLS Property Information Network-MA #73578416

Contingent (Active Under Contract)

$845,000

$379/sqft

10/06/2026

Source: mls_logoMLS Property Information Network-MA #73578416

Price Decreased

$845,000 -3.43%

$379/sqft

09/30/2026

Source: mls_logoMLS Property Information Network-MA #73578416

Listed for Sale

$875,000

$393/sqft

09/22/2026

Source: mls_logoMLS Property Information Network-MA #73578416

Contingent (Active Under Contract)

$875,000 +84.25%

$393/sqft

07/03/2018

Source: mls_logoMLS Property Information Network-MA #72330458

Price Decreased

$474,900 -7.43%

$213/sqft

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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Nov 05, 2026, 05:45AM. 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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