8 Ward Street

Off Market

8 Ward Street

Salem MA 01970

1674 sq. ft.

1912 sq. ft.

Multi-Family

Last sold for $602,000

Jordan Ryan, last sold this property on 06 August 2025 after 40 days on market.

Overview

Excellent opportunity in the heart of downtown Salem. This two-family home offers strong potential for investors or owner-occupants willing to bring some updates. Both units offer flexible layouts, high ceilings, and character throughout. With some work, this property could shine as a long-term rental, owner-occupied investment, or possible short-term rental (buyer to do due diligence). Just steps from shops, restaurants, museums, and public transportation, this location is ideal for maximizing value and demand. A rare chance to invest in one of Salem’s most walkable areas.

Features

5 bedrooms

2 bathrooms

1674 sq. ft. floor area

1912 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Salem over the last 12 months, the estimated median property value of 8 Ward Street is $827.5k.

Median value

$827.5k

Estimated value range

$602k - $1.05m

Median days on market

Estimated value trend

-16%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Ward Street

2025

Sold

$602,000

06 Aug 2025 by Jordan Ryan, of Keller Williams Evolution - Beverly

Happy sellers in Salem

96%

96% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Salem over the last 12 months.

Local market activity for 5 bedroom multi families in Salem

In the last 12 months, 3 five-bedroom multi families similar to 8 Ward Street, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Salem for a market analysis.

Kathy & Terry Sullivan

at RE/MAX Beacon | Beverly

(86 reviews)

Get a market analysis

Sean K Connelly

at William Raveis Real Estate - Marblehead

(51 reviews)

Get a market analysis

Rita Lu

at Keller Williams Realty Boston-Metro | Back Bay

4.9

(19 reviews)

Get a market analysis

Carol St. Pierre

at Tache Real Estate, Inc.

(3 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Salem

Kathy & Terry Sullivan

Sellers who recommend Kathy & Terry Sullivan have praised them for being local expert, supportive, responsive, detail-oriented, clear communication, dedicated, and reliable

5 (86 reviews)
2 Reviews in Salem
2 Sales in Salem

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Sean K Connelly

Sellers who recommend Sean K Connelly have praised them for being local expert, clear communication, responsive, reliable, supportive, friendly, and trustworthy