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$2,310,000 -$190,000 (-7.6%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 7 Units
  • 9 Total Beds
  • 0.12 Acres
  • Updated 1 day ago
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Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.

Full Property Details for 401 Essex

General

  • Price: $2,310,000
  • Taxes: $17,770 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73535855
  • Updated: 7/8/2026
  • Added to Site: 25 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 7

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: Off Street

Location

  • County: Essex

Structural Information

  • Stories/Levels: 3
  • Square Feet: 4,997
  • Year Built: 1815

Lot Features

  • Lot Size (Acres): 0.12

Financial Considerations

  • Tax Amount: $17,770
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 4078635

Listed by Little & Co., REALTORS®, Francesca Little

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Listing agent

— 401 Essex —

  • Francesca Little

    Little & Co., REALTORS®

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 Essex

School District:Salem School District, Salem, MA
NameGradesDistance
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.7 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-50.8 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-50.8 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.3 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-120.7 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-120.9 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-51.1 mi
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-51.2 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 401 Essex Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Price Reduced
$2,310,000
-7.6%
MLS
6/15/2026
Listed
$2,500,000
117.39%
MLS
3/01/2022
Sold
$1,150,000
—
Public Record
Get Price Alerts and Save Property
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 for 401 Essex

Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$1,363,000
15%
2024
100%
$1,189,100
10%
2023
-100%
$1,080,500
19%
2020
$12,574
—
$906,500
6%
2020
$12,574
100%
$855,700
11%
2020
100%
$771,800
15%
2019
100%
$669,900
12%
2018
100%
$597,200
3%
2017
100%
$577,800
4%
2016
100%
$558,000
2%
2015
100%
$547,400
9%
2014
—
$500,600
—
View All
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 for 401 Essex

$
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Little & Co., REALTORS®, Francesca Little

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401 Essex, Salem, MA 01970 (MLS# 73535855) is a Multi-Family property with 7 units containing 9 bedrooms and 7 full bathrooms. 401 Essex is currently listed for $2,310,000 and was received on June 15, 2026. Want to learn more about 401 Essex? 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.

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