16 Oakland St, Salem MA 01970

Salem, MA 01970

$940,000

Est. $5,617/month

4

Beds

2

Baths

1,955

Sq Ft

$481

Price/Sq Ft

0.08

Acres

1925

Year Built

Multi Family

Type

18

Days on Market

Pending Listed Feb 6, 2026 • MLS# 73475049 Copied!

About this home

Rare multi-family opportunity in North Salem! Natural light drenches both units from the large array of windows, further warmed by timeless hardwood floors and elegant trim throughout. The eat-in kitchens are equipped with stone counter tops, tasteful backsplashes and plenty of storage, perfect for residents with culinary ambitions! Each unit has their own separate and convenient driveways for off street parking. The attic is unfinished, though equipped with a full staircase, creating an interesting opportunity for unit expansion. Located in desirable North Salem, this property is close to many amenities including the MBTA Salem Station, restaurants and shops. An amazing opportunity for investors and live-in owners alike!

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Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1925

Bedrooms

4

Full Bathrooms

2

Living Area

1,955 sq ft

Total Rooms

8

Stories

2

Levels

2

Facts & Features

Home Facts

Type Residential Income

Style Multi Family

Year Built 1925

Living Area 1,955 sq ft

Lot Size 0.08 acres

Bedrooms 4

Full Baths 2

Total Rooms 8

Interior

Heating None

Cooling None

Flooring Hardwood

Appliances Range, Dishwasher, Microwave, Refrigerator

Fireplace None

Basement Full, Partially Finished

Laundry None

Features Stone/granite/solid Counters, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing Fenced/enclosed

Patio/Porch Porch

Parking

Features Paved Drive

Total Spaces 4

Utilities

Electric 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $7,962

Assessed Value $702,100

Interior Features

Flooring: Hardwood

Appliances: Range, Dishwasher, Microwave, Refrigerator

Interior Features: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Windows:

Basement: Full, Partially Finished

Laundry:

Security:

Construction & Materials

Year Built: 1925

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 2

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch

Fencing: Fenced/Enclosed

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 4

Parking Features: Paved Drive

Location

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Neighborhood

16 Oakland St, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District

Salem School District local

B-

⚠ School Safety 2024-25

3.6% Above Average

2.3% Suspensions 0.8% In-School 1.3% Emergency

↓ 1.9% below state avg

E

Elementary Schools

3 schools

C

Thomas Carroll School

0.4 mi | #611 of 824 | Score: 40.2

Improved 128 spots from last year

-18 below state avg

645 students Diverse

Rising School Diverse Student Body

Grades PK-05

B+

Bates School

0.4 mi | #325 of 824 | Score: 50.0

Improved 254 spots from last year

-8.2 below state avg

410 students Diverse

Rising School Diverse Student Body

Grades PK-05

The Phoenix School

0.7 mi

Grades PK-08

M

Middle Schools

2 schools

C+

Collins Middle School

1.1 mi | #219 of 352 | Score: 39.5

Improved 60 spots from last year

-18.7 below state avg

611 students Diverse

Rising School Diverse Student Body

Grades 06-08

C+

J. Henry Higgins Middle School

1.6 mi | #240 of 352 | Score: 37.2

Improved 5 spots from last year

-21 below state avg

1,320 students Diverse

Grades 06-08

H

High Schools

3 schools

Bishop Fenwick High School

0.6 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

B+

Salem Academy Charter School

1.6 mi | #139 of 346 | Score: 56.7

Improved 97 spots from last year

-1.5 below state avg

480 students Diverse

10 sports • 568 athletes

High Graduation Rate Rising School College Ready Curriculum

Grades 06-12

B

Salem High School

1.7 mi | #144 of 346 | Score: 56.1

Dropped 24 spots from last year

-2.1 below state avg

952 students Diverse

18 sports • 1,080 athletes

Early College Program Career Tech Programs College Ready Curriculum Strong Athletics

Grades 09-12

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Year 1

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Year 15

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Year 30

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Property History

Market Insights

Property Timeline

📋

Status: Active under contract

Feb 16, 2026

Active → Active Under Contract

⏳

Pending Sale

Feb 15, 2026

Offer accepted, sale pending

🏠

Listed for Sale

Feb 6, 2026

$940,000

Original listing

Agent: The Alianza Group Office: Nina-Soto Realty, LLC

Date	Event	Price	Change	$/sqft	Details
02/16/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
02/15/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
02/06/2026	🏠 Listed for Sale	$940,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Feb 16, 2026	Status: Active under contract	$0	—
Feb 6, 2026	New Listing Added	$940,000	—

Market Statistics

Days on Market

18 days

Price per Sq Ft

$481

Tax History

Year	Taxes	Assessment
2025	$7,962	$702,100

Financial Details

Annual Property Tax

$7,962

Tax Year 2025

Assessed Value

$702,100

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

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Status: Active under contract

Pending Sale

Listed for Sale

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16 Oakland St, Salem MA 01970

About this home

Property Overview

Facts & Features

Home Facts

Interior

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Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

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High Schools

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