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34 Forest Ave, Salem MA 01970

Salem, MA 01970
$850,000
Est. $5,130/month
4
Beds
3
Baths
3,192
Sq Ft
$266
Price/Sq Ft
0.11
Acres
1920
Year Built
Multi Family
Type
10 hours 26 minutes
Time on Market
Active Listed Apr 17, 2026 • MLS# 73503621 Copied!

About this home

Selling a great two family, directly across from Salem State College. It has great potential with a third floor space. This could be a strong investment property

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1920
Bedrooms
4
Full Bathrooms
3
Living Area
3,192 sq ft
Total Rooms
13
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1920
Living Area 3,192 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 3
Total Rooms 13

Interior

Heating Natural Gas
Cooling None
Flooring Wood, Hardwood
Appliances Range, Refrigerator
Fireplace None
Fireplaces 1
Basement Full
Laundry None
Features Ceiling Fan(s), Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Paved Drive
Total Spaces 4

Utilities

Electric None
Water Well
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,584
Assessed Value $668,800

Interior Features

Flooring: Wood, Hardwood
Appliances: Range, Refrigerator
Interior Features: Ceiling Fan(s), Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: None
Hot Water:
Water Source: Well
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Steep Slope
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Public School, University

Location

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Neighborhood

34 Forest Ave, 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

9 schools
The Greenhouse School
0.6 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
B-
Saltonstall School
0.5 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
0.7 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.4 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
1.7 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.7 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.8 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
2.0 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
M

Middle Schools

1 school
C+
Collins Middle School
0.8 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
H

High Schools

2 schools
B+
Salem Academy Charter School
0.8 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
0.8 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $632
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 17, 2026
$850,000
Original listing
Agent: Amy Elwell Office: MerryFox Realty

Price & Status History

Date Event Price Change
Apr 17, 2026 New Listing Added $850,000 —

Market Statistics

Time on Market
10 hours 26 minutes
Price per Sq Ft
$266

Tax History

Year Taxes Assessment
2025 $7,584 $668,800

Financial Details

Annual Property Tax
$7,584
Tax Year 2025
Assessed Value
$668,800

Listing Information

Listing Agent Amy Elwell
Listing Office MerryFox Realty
Agent MLS ID CN225802
Office MLS ID C95279
Listing Data Updated Apr 17, 2026 3:44 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

34 Forest Ave, Salem MA 01970 - Photo 1 34 Forest Ave, Salem MA 01970 - Photo 2 34 Forest Ave, Salem MA 01970 - Photo 3 34 Forest Ave, Salem MA 01970 - Photo 4 34 Forest Ave, Salem MA 01970 - Photo 5
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