Date
Details
Price
Change
Source
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.
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$1,050,000 Just Listed
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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
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General
- Price: $1,050,000
- Taxes: $10,564 (2025)
- Status: Active
- Type: Multi-Family
- MLS ID: 73516169
- Updated: 5/11/2026
- Added to Site: 1 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
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Listing agent
— 126-1/2 Federal St —
Daniel Meegan
J. Barrett & Company
NMLS#: 1598647Get Pre-Approved Today
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
Tax History
Tax History for 126-1/2 Federal St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,564
7%
$931,600
10%
2024
$9,833
2%
$846,200
10%
2023
$9,614
1%
$768,500
7%
2022
$9,544
3%
$720,300
8%
2021
$9,234
2%
$669,100
6%
2020
$9,092
—
$629,200
5%
2019
$9,072
10%
$600,800
12%
2018
$8,233
5%
$535,300
8%
2017
$7,862
-4%
$495,700
-5%
2016
$8,189
5%
$522,600
10%
2015
$7,778
16%
$474,000
18%
2014
$6,697
—
$400,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 126-1/2 Federal St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,900Sq. Ft.
Listed by Theresa Colarusso (617) 312-7565
- Single Family
- Active
- Updated 20 hours ago
- 3Beds
- 3Total Baths
- 1,440Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 3Beds
- 2Total Baths
- 1,738Sq. Ft.
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- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,140Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,054Sq. Ft.
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126-1/2 Federal St, Salem, MA 01970 (MLS# 73516169) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 126-1/2 Federal St is currently listed for $1,050,000 and was received on May 11, 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.