126-1/2 Federal St, Salem, MA 01970 - Photo 1

1/1

$975,000

Sold
Closed
Multi-Family
2 Units
4 Total Beds
0.06 Acres

1/1

Property Description

Beautifully maintained 1880 Salem multi-family brimming with character, space, and flexibility. Both units feature hardwood floors throughout, oversized windows flooding the space with natural light, spacious layouts, and inviting living areas ideal for everyday living and entertaining. Generous pantry storage, walk-in closets, stone and granite countertops, and updated electrical panels add comfort and peace of mind. Unit 2 spans two levels with cathedral ceilings, wall AC, and a dedicated family room. A full unfinished basement provides laundry and abundant storage. Enjoy a private patio and porch perfect for relaxing, gardening, or entertaining, plus 6 deeded off-street parking spaces - all minutes from downtown Salem, dining, shopping, and commuter rail. Formerly a legal grandfathered 3-family with potential future conversion/ADU possibilities subject to buyer due diligence and city approvals. See firm remarks and attached documents for additional information.

Full Property Details

Full Property Details for 126-1/2 Federal St

General

Sold For: $975,000
Taxes: $10,564 (2025)
Status: Closed
Type: Multi-Family
MLS ID: 73516169
Added to Site: 61 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 4

Parking

Parking Features: Paved Drive, Off Street, Deeded

Location

County: Essex

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 2,926
Year Built: 1880

Lot Features

Lot Size (Acres): 0.06

Financial Considerations

Tax Amount: $10,564
Tax Year: 2025

Disclosures and Reports

Exclusions: The Two Hanging Lamps Located Next To The Bed In The Primary Bedroom On The 3rd Floor
Disclosures/Rstr.: The 2 hanging lamps located next to the bed in the primary bedroom on the 3rd floor are excluded from the sale. Former legal grandfathered 3-family with existing 3rd-floor kitchen plumbing still in place and potential future conversion opportunity subject to buyer due diligence and city approval.
Property ID: M:26 L:0574, 2132844

Listed by J. Barrett & Company, Daniel Meegan
Sold by Keller Williams Realty, Cayla Reddington

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Listing agent

— 126-1/2 Federal St —

Daniel Meegan

J. Barrett & Company

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Schools

Schools serving 126-1/2 Federal St

School District:Salem School District, Salem, MA

Name	Grades	Distance
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	0.6 mi
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.7 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	1 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	0.8 mi
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970	9-12	0.1 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.5 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1.4 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 126-1/2 Federal St

Date

Details

Price

Change

Source

6/26/2026

Sold

$975,000

-7.14%

MLS

5/11/2026

Listed

$1,050,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed

$550

24 Main St #309 Peabody, MA 01960

Commercial Lease
Active

Just Listed

$670,000

Open House

18 Dana Rd Peabody, MA 01960

Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
987
Sq. Ft.

29 Rockway Rd, Peabody, MA 01960 - Photo 1

Just Listed

$779,000

29 Rockway Rd Peabody, MA 01960

Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,665
Sq. Ft.

8 Walnut St, Peabody, MA 01960 - Photo 1

Just Listed

$349,000

Open House

8 Walnut St #109 Peabody, MA 01960

Condo
Active
Updated 11 hours ago

1
Bed
1
Total Bath
836
Sq. Ft.

119 Russell St, Peabody, MA 01960 - Photo 1

119 Russell St Peabody, MA 01960

Single Family
Active
Updated 11 hours ago

3
Beds
2
Total Baths
1,637
Sq. Ft.

Listed by John & Cindy Farrell (978) 578-5203

153 Lynn St, Peabody, MA 01960 - Photo 1

153 Lynn St Peabody, MA 01960

Single Family
Active
Updated 3 days ago

3
Beds
1
Total Bath
1,464
Sq. Ft.

157 Russell St, Peabody, MA 01960 - Photo 1

157 Russell St Peabody, MA 01960

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,518
Sq. Ft.

101 Foster St, Peabody, MA 01960 - Photo 1

Price Reduced

-$50 (-2.22%)

$2,200

101 Foster St #B Peabody, MA 01960

Commercial Lease
Active

16 Franklin St, Salem, MA 01970 - Photo 1

Sold

$1,100,000

16 Franklin St #2202 Salem, MA 01970

Condo
Closed

2
Beds
2
Total Baths
1,436
Sq. Ft.

7 1/2 Pleasant St, Salem, MA 01970 - Photo 1

Sold

$869,000

7 1/2 Pleasant St Salem, MA 01970

Single Family
Closed
Updated 4 hours ago

4
Beds
3
Total Baths
1,845
Sq. Ft.

Sold

$1,002,500

6 Pearl St Salem, MA 01970

Multi-Family
Closed
Updated 8 days ago

2
Units
8
Total Beds
0.08
Acres

Sold

$850,000

1 English St Salem, MA 01970

Multi-Family
Closed
Updated 2 days ago

2
Units
5
Total Beds
0.13
Acres

126-1/2 Federal St, Salem, MA 01970 (MLS# 73516169) is a Multi-Family property that was sold at $975,000 on June 26, 2026. Want to learn more about 126-1/2 Federal St? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

126-1/2 Federal St Salem, MA 01970