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$875,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 5 Total Beds
  • 0.06 Acres
  • 1 Car Garage
  • Updated 1 day ago

Next open house:

Open House: 12:00 PM - 1:30 PM

Saturday 9/19 12:00 PM - 1:30 PM

5 Willow Ave,Salem, MA 01970

5 Willow AveSalemMA01970

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Join us at 5 Willow Ave on:

  • Open House: 12:00 PM - 1:30 PM

    Sunday 9/20 12:00 PM - 1:30 PM

    5 Willow Ave,Salem, MA 01970
    5 Willow AveSalemMA01970
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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!

Full Property Details for 5 Willow Ave

General

  • Price: $875,000
  • Taxes: $7,309 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73578416
  • Updated: 9/16/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Paved Drive, Off Street

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 3
  • Square Feet: 2,229
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.06

Financial Considerations

  • Tax Amount: $7,309
  • Tax Year: 2026

Disclosures and Reports

  • Exclusions: Tenant Possessions In Unit 1
  • Disclosures/Rstr.: 1) Unit 1 is TAW 2) Unit 2 is vacant. Two bedrooms don't have closets. 3) There is no common electric meter
  • Property ID: 2135047

Listed by Compass, Strobeck Antonell Bull Group and Dana Bull

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Listing agents

— 5 Willow Ave —

  • Strobeck Antonell Bull Group

    Compass

  • Dana Bull

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 5 Willow Ave

School District:Salem School District, Salem, MA
NameGradesDistance
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.3 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-51 mi
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-51.5 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.8 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-120.9 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121.1 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.6 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-51.9 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 5 Willow Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Listed
$875,000
70.57%
MLS
6/29/2018
Sold
$513,000
—
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 5 Willow Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,995
4%
$616,800
7%
2024
$6,716
3%
$578,000
11%
2023
$6,508
-2%
$520,200
4%
2022
$6,648
5%
$501,700
9%
2021
$6,330
2%
$458,700
7%
2020
$6,195
1%
$428,700
5%
2019
$6,146
8%
$407,000
10%
2018
$5,712
7%
$371,400
10%
2017
$5,342
3%
$336,800
2%
2016
$5,198
3%
$331,700
8%
2015
$5,061
13%
$308,400
15%
2014
$4,472
—
$267,300
—
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.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Strobeck Antonell Bull Group and Dana Bull

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5 Willow Ave, Salem, MA 01970 (MLS# 73578416) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 5 Willow Ave is currently listed for $875,000 and was received on September 16, 2026. Want to learn more about 5 Willow Ave? Do you have questions about finding other Multi-Family real estate for sale in South Salem? You can browse all South Salem real estate or contact a Coldwell Banker agent to request more information.

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