13-15 Ocean Ter, Salem MA 01970
About this home
Wake up to the sound of the ocean and watch the sunrise from your window—this is everyday life at this rare 4-family home in Salem’s beloved Forest River Park neighborhood. With ocean views from nearly every room, this property offers the perfect blend of lifestyle and income. The flexible layout features three bright and efficient 1-bedroom, 1-bath units, plus a sun-filled 3–4 bedroom, 2-bath townhouse-style unit—ideal for owner-occupancy or maximizing rental potential. Enjoy two updated kitchens, several refreshed baths, beautiful hardwood floors, and a roof replaced less than 3 years ago. With five off-street parking spots and a shared yard, outdoor living is just as appealing as the view. Enjoy mornings at Forest River Park, spend weekends on nearby beaches, and explore downtown Salem’s shops, restaurants, and culture—all just minutes from your door. Whether you’re building a portfolio or dreaming of coastal living with bonus income, this one-of-a-kind property delivers.
Sale Statistics
This property sold for 0.0% above the original asking price, indicating strong buyer demand.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
13-15 Ocean Ter, Salem MA 01970
Salem, MA 01970
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Aug 29, 2025Listed for Sale
Jul 10, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/29/2025 | ✓ Sold | $1,400,000 | - | - | Property sold |
| 07/10/2025 | 🏠 Listed for Sale | $1,399,999 | - | - | Original listing |