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51 Ocean Ave, 
Salem, MA 01970

$1,295,000


7

Beds


4

Baths


3,650

Sq Ft


Multi-Family

Active

Listed by

Haley Paster Scimone

Sagan Harborside Sotheby'S International Realty

7815936111

Last updated:

November 4, 2025, 03:24 PM

MLS#

73446144

Source:

MLSPIN

About This Home

51 Ocean Ave

This fully renovated, turn-key 3-family is ideally located just 3/4 mile to downtown Salem and 1/2 mile to the beach, park, and hiking trails. Updates include a new roof, siding, windows, and doors, plus high-efficiency gas heat & hot water, gleaming hardwood floors, modern kitchens, custom tiled baths, and private laundry in each unit. The property features a spacious wrap-around first-floor porch, second-floor porch, and off-street parking for five cars. Low-maintenance and beautifully updated, this property is perfect for owner-occupants, extended family, or investors seeking excellent rental potential near Salem State University. Incredible opportunity! All units are occupied with leases in place and a strong rent roll.

Home Facts

Multi-Family

4 Baths

7 Bedrooms

Built in 1910

Price Summary

1,295,000

$354 per Sq. Ft.

MLS #:

73446144

Last Updated:

November 4, 2025, 03:24 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

3,650 Sq. Ft.


Structure

Structure

Building Area:

3,650 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

3,080


Finances & Disclosures

Finances

Price:

$1,295,000

Price per Sq. Ft:

$354 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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