34 Forest Ave, Salem MA 01970

Salem, MA 01970

$899,000

Est. $5,378/month

Beds

Baths

3,192

Sq Ft

$282

Price/Sq Ft

0.11

Acres

1920

Year Built

Multi Family

Type

Days on Market

Pending 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

Full Bathrooms

Living Area

3,192 sq ft

Total Rooms

Stories

Levels

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 information not available for this location.

Monthly Payment Calculator

Monthly Payment

Principal, interest, taxes & insurance

Loan Amount

After down payment

Total Interest

Over life of loan

Total Cost

Including down payment

Home Price

Down Payment

Down: $0

Interest Rate

Loan Term

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

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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

Market Insights

Price Changes

5.5%

Price Range

Property Timeline

⏳

Pending Sale

Apr 29, 2026

Offer accepted, sale pending

↑

Price Increased

Apr 24, 2026

$899,000 +$49,000 (+5.76%)

From $850,000 to $899,000 (+5.8%)

🏠

Listed for Sale

Apr 17, 2026

$850,000

Original listing

Agent: Amy Elwell Office: MerryFox Realty

Date	Event	Price	Change	$/sqft	Details
04/29/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
04/24/2026	↑ Price Increased	$899,000	+$49,000	-	From $850,000 to $899,000 (+5.8%)
04/17/2026	🏠 Listed for Sale	$850,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 24, 2026	Price Changed	$899,000	-$49,000
Apr 17, 2026	New Listing Added	$850,000	—

Market Statistics

Days on Market

11 days

Price per Sq Ft

$282

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 29, 2026 3:52 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Monthly Payment Breakdown

Loan Summary

Pending Sale

Price Increased

Listed for Sale

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34 Forest Ave, Salem MA 01970

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

Walkability

Nearby Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Pending Sale

Price Increased

Listed for Sale

Detailed History Table ▼

Price & Status History

Market Statistics

Tax History

Financial Details

Listing Information

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Market Analytics for Salem, MA

Steven Novak

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