This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
$525,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
Property Description
Welcome home to this beautifully RENOVATED (2021) TOP FLOOR, SINGLE-LEVEL CONDO tucked on a quiet side street in one of Salem's most desirable neighborhoods, abutting the historic McIntire District. Here you'll enjoy the serenity of a peaceful, tree-lined setting while living just minutes from the museums, library, shops, restaurants and nightlife of vibrant downtown Salem. This open-concept TWO BEDROOM & TWO FULL BATHROOMS delivers the perfect blend of comfort, style and convenience, with an effortless flow that suits easy living, working from home, or entertaining. Sun-filled rooms showcase hardwood floors, exposed brick, and recessed lighting, while the stunning Quartz and stainless kitchen anchors the space alongside efficient modern systems and in-unit laundry. Retreat and relax in the primary en suite, complete with a tiled, floor-to-ceiling oversized shower and walk-in closet space. This special offering also includes 2-car off-street parking, an expansive common yard, a pet-friendly policy and extra basement storage. A unique opportunity to own a turn-key home that combines thoughtful updates, historic charm, and an unbeatable location
Full Property Details
Full Property Details for 16 Phelps St #2
General
- Price: $525,000
- HOA FEE: $240/month
- Taxes: $5,519 (2026)
- Status: Active
- Type: Condo
- Source: MLSPin
- MLS ID: 73574179
- Updated: 10/25/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
- Bathroom 1: Full Bathroom, Tiled Bathroom with Tub and Shower, Second
- Bathroom 2: Tiled Bathroom with Shower Stall, Stone/Ceramic Til, Second
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Yes, Second
- Bedroom 2: Closet, Hardwood Flooring, Recessed Lighting, Second
Other Rooms
- Living Room: Custom-Built Closet/Cabinets, Hardwood Flooring, Open Floorplan, Recessed Lighting, Second
- Kitchen: Hardwood Flooring, Dining Area, Stone/Granite/Solid Countertops, Upgraded Cabinets, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Pendant, Second
- Dining Room: Hardwood Flooring, Recessed Lighting, Second
- Laundry: Second Floor
Additional Information
- Year Round: Yes
Exterior
- Exterior Features: Patio, Fenced Yard
Parking
- Total Spaces: 2
- Parking Features: Off Street, Tandem
Location
- County: Essex
- Driving Directions: Broad St, to Phelps St (one way)
Community
- Pets Allowed: Yes
- Management Type: Owner Association
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Fuel: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Connection for Gas Range
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Y
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 1,002
- Sq. Ft. Source: Measured
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.2
- Lot Dimensions: .2
- Fence: Yes
- Fencing (Description): Fenced
Water Features
- Water Front Desc.: Harbor, Ocean, 1 to 2 Mile To Beach
Financial Considerations
- Price Per Sq. Ft.: $523.95
- Association Fee: $240
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,519
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: Owner Occupied 4 unit building - Completely Renovated 2021 - Strong reserve account- Self managed association
- Property ID: M:0025 B:0335 L:0802, 5195621
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Schools
Schools serving 16 Phelps St #2
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.6 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 0.7 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 0.9 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.2 mi |
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970 | 9-12 | 0.6 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 0.8 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 1.2 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.3 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 16 Phelps St #2
Date
Details
Price
Change
Source
9/09/2026
Listed
$525,000
16.67%
MLS
7/23/2021
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16 Phelps St #2
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,519
—
$512,000
6%
2025
$5,500
3%
$485,000
5%
2024
$5,353
4%
$460,700
12%
2023
$5,139
—
$410,800
—
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 16 Phelps St #2
16 Phelps St #2, Salem, MA 01970 (MLS# 73574179) is a Condo property with 2 bedrooms and 2 full bathrooms. 16 Phelps St #2 is currently listed for $525,000 and was received on September 09, 2026. This property is listed by Zoe Karademos from our Marblehead Office.Want to learn more about 16 Phelps St #2? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.


