7 Oliver Street, Salem MA 01970

Salem, MA 01970 • Downtown - Salem Common Neighborhood

$699,900

Est. $4,195/month

3

Beds

1.5

Baths

1,475

Sq Ft

$475

Price/Sq Ft

0.08

Acres

1920

Year Built

Single Family Residence

Type

22 hours 20 minutes

Time on Market

Active Open House Listed Apr 8, 2026 • MLS# 73498421 Copied!

About this home

Welcome to 7 Oliver Street, a charming single-family home ideally situated in the heart of Salem. This home presents a rare opportunity to own in one of the city’s most desirable and walkable neighborhoods. Set on a sizable lot—especially rare for the area—the property features a generous backyard perfect for outdoor entertaining, gardening, or future expansion. The home also includes a two-car off-street driveway, a valuable convenience in this prime downtown setting. Inside, the home is move-in ready with a warm, well-loved feel, offering a solid layout and great bones. While slightly dated, it provides an excellent opportunity for buyers to bring their vision and add value over time. Whether you’re looking to settle into a classic Salem home or invest in a property with strong upside potential, 7 Oliver Street is a standout opportunity in an exceptional location.

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Property Overview

Property Type

Single Family Residence

Listing Type

For Sale

Year Built

1920

Bedrooms

3

Full Bathrooms

1

Half Bathrooms

1

Living Area

1,475 sq ft

Total Rooms

6

Open House Schedule

09

Apr

Thursday, April 9

4:30 PM - 6:00 PM EDT

11

Apr

Saturday, April 11

11:00 AM - 12:30 PM EDT

12

Apr

Sunday, April 12

11:00 AM - 12:30 PM EDT

Facts & Features

Home Facts

Type Residential

Style Single Family Residence

Year Built 1920

Living Area 1,475 sq ft

Lot Size 0.08 acres

Bedrooms 3

Full Baths 1

Half Baths 1

Total Rooms 6

Interior

Heating Baseboard

Cooling Window Unit(s)

Flooring Tile, Carpet, Hardwood

Appliances Gas Water Heater, Range, Refrigerator, Freezer, Washer, Dryer

Fireplace None

Basement Full, Partially Finished, Walk-out Access

Laundry Gas Dryer Hookup, Washer Hookup, In Basement

Features None

Exterior

Construction Frame

Architecture Colonial

Roof Shingle

Features Patio - Enclosed, Storage, Fenced Yard

Pool None

Spa None

Fencing Fenced/enclosed, Fenced

Patio/Porch Enclosed

Parking

Features Paved Drive, Off Street, Tandem, Paved

Total Spaces 2

Utilities

Electric 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $5,473

Assessed Value $482,600

Interior Features

Flooring: Tile, Carpet, Hardwood

Appliances: Gas Water Heater, Range, Refrigerator, Freezer, Washer, Dryer

Interior Features:

Windows: Insulated Windows

Basement: Full, Partially Finished, Walk-Out Access

Laundry: Gas Dryer Hookup, Washer Hookup, In Basement

Security:

Construction & Materials

Style: Colonial

Year Built: 1920

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Block

Heating, Cooling & Utilities

Heating: Baseboard

Heating Zones: 1

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Patio - Enclosed, Storage, Fenced Yard

Patio & Porch: Enclosed

Fencing: Fenced/Enclosed, Fenced

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Paved Drive, Off Street, Tandem, Paved

Location

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Neighborhood

Downtown - Salem Common Neighborhood

7 Oliver Street, 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

B-

Carlton School

0.5 mi | #468 of 824 | Score: 45.6

Dropped 47 spots from last year

-12.6 below state avg

247 students Diverse

Grades K-05

C+

Bentley Academy Innovation School

0.6 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

0.6 mi

106 students Diverse

Diverse Student Body

Grades PK

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

B+

Village School

1.9 mi | #253 of 824 | Score: 52.3

Dropped 64 spots from last year

-5.9 below state avg

529 students Moderate

Grades 04-06

H

High Schools

3 schools

B+

Salem Academy Charter School

0.6 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

Bishop Fenwick High School

1.6 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

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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Property Tax $456

Homeowners Insurance $200

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Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Apr 8, 2026

$699,900

Original listing

Agent: Patrick Sargent Office: Herrick Lutts Realty Partners

Date	Event	Price	Change	$/sqft	Details
04/08/2026	🏠 Listed for Sale	$699,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 8, 2026	New Listing Added	$699,900	—

Market Statistics

Time on Market

22 hours 20 minutes

Price per Sq Ft

$475

Tax History

Year	Taxes	Assessment
2025	$5,473	$482,600

Financial Details

Annual Property Tax

$5,473

Tax Year 2025

Assessed Value

$482,600

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Listed for Sale

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7 Oliver Street, Salem MA 01970

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Loan Summary

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Listed for Sale

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