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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
12 hours 28 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

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

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 information not available for this location.

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 $456
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 8, 2026
$699,900
Original listing
Office: Herrick Lutts Realty Partners

Price & Status History

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

Market Statistics

Time on Market
12 hours 28 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

Listing Information

Listing Agent Patrick Sargent
Listing Office Herrick Lutts Realty Partners
Agent MLS ID CT008034
Office MLS ID AN6507
Listing Data Updated Apr 9, 2026 3:30 AM 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

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