Previous  |  Next Back   
Listing: 1 of 1 Updated 39 minutes ago

13-15 Ocean Ter Salem, MA 01970

Multi-Family $1,399,999



Wake up to the sound of the ocean and watch the sunrise from your window—this is everyday life at this rare 4-family home in Salem’s beloved Forest River Park neighborhood. With ocean views from nearly every room, this property offers the perfect blend of lifestyle and income. The flexible layout features three bright and efficient 1-bedroom, 1-bath units, plus a sun-filled 3–4 bedroom, 2-bath townhouse-style unit—ideal for owner-occupancy or maximizing rental potential. Enjoy two updated kitchens, several refreshed baths, beautiful hardwood floors, and a roof replaced less than 3 years ago. With five off-street parking spots and a shared yard, outdoor living is just as appealing as the view. Enjoy mornings at Forest River Park, spend weekends on nearby beaches, and explore downtown Salem’s shops, restaurants, and culture—all just minutes from your door. Whether you’re building a portfolio or dreaming of coastal living with bonus income, this one-of-a-kind property delivers.


General Information for 13-15 Ocean Ter Salem, MA 01970

Town Salem
County Essex
Stories 5
SQFT 3,647
Status Under Contract
Listing Number 73402986 (MLSPIN)

Rooms Information for 13-15 Ocean Ter Salem, MA 01970

Interior Information for 13-15 Ocean Ter Salem, MA 01970

Basement Full
Interior Features Wood
Tile
Vinyl
Fireplace 2

Exterior Information for 13-15 Ocean Ter Salem, MA 01970

Lot Size 0.13 acres
Parking Spaces: 5
Paved Drive
Off Street
Assigned
Paved
Water Public
Sewer Public Sewer

Neighborhood Information for 13-15 Ocean Ter Salem, MA 01970

Miscellaneous Information for 13-15 Ocean Ter Salem, MA 01970

Year Built 1900
Association Fee 0
Taxes $12,615 /Yr
Comp Buyer Agency Compensation:
Buyer Agency Compensation Type:
Sub Agency Compensation:
Sub Agency Compensation Type:
Transaction Broker Compensation:
Compensation Based On:
Sub-Agency Relationship Offered:

Permalink:

Listing provided courtesy of keller williams realty evolution

Market Snapshot as of July 31, 2025 (Last 30 days)

Condo Data
Units 6,715
Avg Price $938,513
Avg Days Listed 99
Total New Listings 30
House Data
Units 12,095
Avg Price $1,272,192
Avg Days Listed 85
Total New Listings 16
Multi-Family Data
Units 2,022
Avg Price $1,300,478
Avg Days Listed 106
Total New Listings 4

Average Price by Property Type
Units by Property Type
Average Days on Market by Property Type

Recent Home Sales In This Zip Code (01970)

For a more detailed market analyis one of our real estate agents can provide you with a full report.

Address Closing Date List Price Closing Price % of List Price

Request Information/Showing

Schedule a visit?  Yes    No
Save Property To Favorites
Map This Property
Driving Directions
 Previous  |  Next Back   
Listing: 1 of 1 Updated 39 minutes ago
Real Estate LogoThe property listing data and information 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 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 set forth herein. (C95098/CN254155)