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8-10 & 5 Porter St Ct & Ropes Portfolio, 
Salem, MA 01970

$4,200,000

34

Beds

12

Baths

13,472

Sq Ft

Multi-Family

Active

Listed by

Dan Pouladian

, 

Sara Pouladian

North Shore Realty Advisors

617-548-7737

Last updated:

June 2, 2026, 06:00 PM

MLS#

73528048

Source:

MLSPIN

About This Home

8-10 & 5 Porter St Ct & Ropes Portfolio

5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.

Home Facts

Multi-Family

12 Baths

34 Bedrooms

Built in 1915

Price Summary

4,200,000

$311 per Sq. Ft.

MLS #:

73528048

Last Updated:

June 2, 2026, 06:00 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

34

Bathrooms

Total Bathrooms:

12

Full Bathrooms:

12

Interior

Living Area:

13,472 Sq. Ft.

Structure

Structure

Building Area:

13,472 Sq. Ft.

Year Built:

1915

Lot

Lot Size (Sq. Ft):

17,611

Finances & Disclosures

Finances

Price:

$4,200,000

Price per Sq. Ft:

$311 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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8-10 & 5 Porter St Ct & Ropes Portfolio
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Wed, Jun 3
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.