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$1,299,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 9 Total Beds
  • 0.07 Acres
  • Updated 1 day ago
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Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem's most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you're looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem's shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today's market-don't miss your chance to own a valuable asset in historic Salem.

Full Property Details for 8 Saunders St

General

  • Price: $1,299,000
  • Taxes: $10,433 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73552285
  • Updated: 7/20/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: Paved Drive, Tandem, On Street

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 5
  • Square Feet: 4,166
  • Year Built: 1800

Lot Features

  • Lot Size (Acres): 0.07

Financial Considerations

  • Tax Amount: $10,433
  • Tax Year: 2026

Disclosures and Reports

  • Property ID: M:0036 B:0082 L:0000, 2137209

Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners and Nicholas Zolotas

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Listing agents

— 8 Saunders St —

  • Herrick Lutts Realty Partners

    Herrick Lutts Realty Partners

  • Nicholas Zolotas

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 8 Saunders St

School District:Salem School District, Salem, MA
NameGradesDistance
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-50.2 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-50.8 mi
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-81.1 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-81.2 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-120.5 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121.9 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.7 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-51.8 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 8 Saunders St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Listed
$1,299,000
457.51%
MLS
12/16/1999
Sold
$233,000
—
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 8 Saunders St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,344
13%
$912,200
16%
2024
$9,125
3%
$785,300
11%
2023
$8,833
1%
$706,100
7%
2022
$8,744
1%
$659,900
5%
2021
$8,653
7%
$627,000
12%
2020
$8,054
4%
$557,400
9%
2019
$7,740
11%
$512,600
13%
2018
$6,959
4%
$452,500
7%
2017
$6,695
2%
$422,100
1%
2016
$6,542
—
$417,500
4%
2015
$6,557
4%
$399,600
6%
2014
$6,295
—
$376,300
—
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.

Estimate the Cost for 8 Saunders St

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners and Nicholas Zolotas

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8 Saunders St, Salem, MA 01970 (MLS# 73552285) is a Multi-Family property with 4 units containing 9 bedrooms and 4 full bathrooms. 8 Saunders St is currently listed for $1,299,000 and was received on July 20, 2026. Want to learn more about 8 Saunders St? Do you have questions about finding other Multi-Family real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

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