1/1

$1,225,000

Sold
Closed
Multi-Family
3 Units
7 Total Beds
0.07 Acres

1/1

Property Description

This fully renovated, turn-key 3-family is ideally located just 3/4 mile to downtown Salem and 1/2 mile to the beach, park, and hiking trails. Updates include a new roof, siding, windows, and doors, plus high-efficiency gas heat & hot water, gleaming hardwood floors, modern kitchens, custom tiled baths, and private laundry in each unit. The property features a spacious wrap-around first-floor porch, second-floor porch, and off-street parking for five cars. Low-maintenance and beautifully updated, this property is perfect for owner-occupants, extended family, or investors seeking excellent rental potential near Salem State University. Incredible opportunity! All units are occupied with leases in place and a strong rent roll.

Full Property Details

Full Property Details for 51 Ocean Ave

General

Sold For: $1,225,000
Taxes: $13,040 (2025)
Status: Closed
Type: Multi-Family
MLS ID: 73446144
Added to Site: 87 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 7

Location

County: Essex

Structural Information

Stories/Levels: 3
Square Feet: 3,650
Year Built: 1910

Lot Features

Lot Size (Acres): 0.07

Financial Considerations

Tax Amount: $13,040
Tax Year: 2025

Disclosures and Reports

Property ID: M:33 L:0395, 2134983

Listed and Sold by Sagan Harborside Sotheby's International Realty, Haley Paster Scimone

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 51 Ocean Ave —

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 51 Ocean Ave

School District:Salem School District, Salem, MA

Name	Grades	Distance
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.4 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	0.9 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.6 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	0.8 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1 mi
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	1.6 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	2 mi

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

Price & Sales History for 51 Ocean Ave

Date

Details

Price

Change

Source

12/01/2025

Sold

$1,225,000

-5.41%

MLS

10/21/2025

Listed

$1,295,000

—

MLS

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

64 Foster St, Peabody, MA 01960 - Photo 1

Just Listed

$349,999

64 Foster St #105 Peabody, MA 01960

Condo
Active
Updated 1 day ago

3
Beds
1
Total Bath
910
Sq. Ft.

80 Foster St, Peabody, MA 01960 - Photo 1

Just Listed

$424,900

Open House

80 Foster St #501 Peabody, MA 01960

Condo
Active
Updated 2 days ago

2
Beds
2
Total Baths
905
Sq. Ft.

10 Ledgewood Way, Peabody, MA 01960 - Photo 1

Just Listed

$475,000

Open House

10 Ledgewood Way #18 Peabody, MA 01960

Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,535
Sq. Ft.

5 Orchard St, Peabody, MA 01960 - Photo 1

Just Listed

$699,000

Open House

5 Orchard St Peabody, MA 01960

Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
2,016
Sq. Ft.

252 Newbury, Peabody, MA 01960 - Photo 1

252 Newbury #1 Peabody, MA 01960

Mobile Home
Active
Updated 14 hours ago

2
Beds
1
Total Bath
880
Sq. Ft.

1100 Salem St, Peabody, MA 01940 - Photo 1

Price Reduced

-$10,000 (-1.85%)

$529,900

1100 Salem St #58 Peabody, MA 01940

Townhouse
Active
Updated 1 day ago

2
Beds
3
Total Baths
1,268
Sq. Ft.

13 Giles Ave, Beverly, MA 01915 - Photo 1

13 Giles Ave #2 Beverly, MA 01915

Condo
Active
Updated 17 hours ago

2
Beds
1
Total Bath
657
Sq. Ft.

29-31 Essex Ave, Swampscott, MA 01907 - Photo 1

Price Reduced

-$10,000 (-2.08%)

$470,000

29-31 Essex Ave #2 Swampscott, MA 01907

Condo
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,563
Sq. Ft.

275 Lafayette St, Salem, MA 01970 - Photo 1

Sold

$1,375,000

275 Lafayette St Salem, MA 01970

Land Residential
Closed

0.52
Acres

13-15 Ocean Terrace, Salem, MA 01970 - Photo 1

Sold

$1,400,000

13-15 Ocean Terrace Salem, MA 01970

Multi-Family
Closed

4
Units
7
Total Beds
0.13
Acres

10 Nonantum, Marblehead, MA 01945 - Photo 1

Sold

$1,350,000

10 Nonantum Marblehead, MA 01945

Single Family
Closed

3
Beds
3
Total Baths
1,661
Sq. Ft.

5 Yorkshire Rd, Marblehead, MA 01945 - Photo 1

Sold

$1,175,000

5 Yorkshire Rd Marblehead, MA 01945

Single Family
Closed

4
Beds
4
Total Baths
3,765
Sq. Ft.

51 Ocean Ave, Salem, MA 01970 (MLS# 73446144) is a Multi-Family property that was sold at $1,225,000 on December 01, 2025. Want to learn more about 51 Ocean Ave? 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.

51 Ocean Ave Salem, MA 01970