OFF MARKET

Off Market Aug 2024 for $762K

$879,145

•

2,153

sq ft

38-40 Moffatt Rd, Salem, MA 01970

About this home

UPDATE: OFFER DEADLINE MON, JULY 1ST AT 12PM. Explore an exceptional investment in Salem with this well-maintained 2-family property, ideally situated next to Salem State University. Each unit offers 2 spacious bedrooms, modern kitchens with stainless steel appliances, and bright living areas. Featuring a private backyard with a garage, this property is delivered fully vacant, presenting a perfect opportunity for investors seeking strong rental potential. Its convenient location near campus amenities and downtown Salem's vibrant attractions enhances its appeal to potential tenants. Don't miss this turnkey opportunity to own a prime piece of Salem's real estate. Schedule your showing today!

Multi-familyProperty Type

1930Year Built

5,702 sq ftLot Size

$408Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Eclipse Group • Cameron Real Estate Group

Bought with Ivy Horgan • Century 21 Property Central Inc.

Redfin checked: a minute ago

•Source:MLS PIN #73258373

Redfin Estimate

$879,145

$117K since sold in August 2024$20K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.4% lower than the average sale price ($1.04M) of 6 comparable homes.

SOLD JUL 7, 2026
$999,999
A
3 beds2 baths2,024 sq ft
2 Sunset Rd, Salem, MA 01970
SOLD JUL 9, 2026
$820,000
B
4 beds2 baths1,992 sq ft
19 Humphrey St, Marblehead, MA 01945
SOLD JUL 17, 2026
$888,000
C
3 beds2 baths2,780 sq ft
1 Elm Ave, Salem, MA 01970
SOLD AUG 25, 2026
$998,000
D
4 beds1.5 baths2,194 sq ft
17 Preston Beach Rd, Marblehead, MA 01945
SOLD JUL 22, 2026
$1,400,000
E
4 beds2 baths2,785 sq ft
8 Charlotte Rd, Marblehead, MA 01945
SOLD JUL 8, 2026
$1,128,000
F
3 beds2.5 baths2,343 sq ft
32 Pilgrim Rd, Marblehead, MA 01945

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Earn from this home

Sell

$247,575

Est. take-home

List your home with Redfin and save $4,396

Market trends in 01970, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.4%

+0.1% MoM

Median sale price

$620K

$10K MoM

Avg. days on market

21d

0 days MoM

Recently sold homes

145

19 MoM

New listings for sale

NEW 4 HRS AGO
$595,000
2 beds1 bath1,272 sq ft
10 Union St #3, Salem, MA 01970
OPEN FRI, 12PM TO 1PM
$744,900
3 beds2 baths1,858 sq ft
33 Buena Vista Ave, Salem, MA 01970
$695,000
2 beds2 baths1,092 sq ft
65 Washington St #405, Salem, MA 01970
$565,000
2 beds2.5 baths1,955 sq ft
22 Celestial Way Unit 19B, Salem, MA 01970
LISTED BY REDFIN
$699,000
3 beds2.5 baths1,838 sq ft
5-7 Bradford St #5, Salem, MA 01970
$299,000
1 bed1 bath735 sq ft
163 North St #1, Salem, MA 01970
$549,900
3 beds2 baths1,556 sq ft
1 Randall St, Salem, MA 01970
$557,000
2 beds1 bath1,318 sq ft
6 Union St #3, Salem, MA 01970
HOT HOME
$749,900
3 beds3 baths2,450 sq ft
11 Mooney Rd, Salem, MA 01970
$575,000
2 beds2 baths1,644 sq ft
42 School St #2, Salem, MA 01970
See all

Provided by Redfin

Sale history for 38-40 Moffatt Rd

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2130533

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 27, 2024.

Residential One-Family District

For the purposes of promoting the more efficient use of land in harmony with its natural features and with the general intent of the Zoning Ordinance and to protect and promote the health, safety, convenience and general welfare of the inhabitants of the City, an owner or owners of a tract of land situated within the R1 One-Family Residential Districts, RC Residential Conservation Districts, R2 Two-Family Residential Districts and R3 Multifamily Residential Districts or a duly authorized agency thereof may, in connection with the submission of a subdivision plan for Planning Board approval under the Subdivision Control Law or, if no such approval is required, after consultation with the Planning Board, make application to the Planning Board for a special permit excepting his plan from the lot area and frontage requirement

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Public service
Golf related

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 8
Parking Features: Paved Drive, Off Street, Tandem, Paved

Interior

Bathroom Information
# of Bathrooms (Full): 2

Basement Information
Basement: Partially Finished

Laundry Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

Interior Features
# of Rooms (Total): 10
Flooring: Tile, Hardwood, Vinyl / VCT

Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: N

Exterior

Building Information
Building Area (Total): 2,153
Foundation Details: Concrete Perimeter, Stone
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Color: white

Exterior Features
Fencing: Fenced
Roof: Shingle
Patio And Porch Features: Enclosed, Deck - Wood, Deck - Vinyl, Deck - Composite
Exterior Features: Rain Gutters

Property Information
PropertySubType: 2 Family - 2 Units Side by Side

Lot Information
Lot Size (Acres): 0.13
Lot Features: Cleared
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $6,758
Tax Year: 2024

Utilities

Utility Information
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Heating
Has Cooling
Heating: Hot Water, Natural Gas
Cooling: Window Unit(s)

Location

Location Information
Directions: While north on Loring Ave, take a left onto Moffatt Rd
UnparsedAddress: 38-40 Moffatt Rd, Salem MA 01970

Community Information
Senior CommunityYN: No

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Essex County
APN: 2130533

Home facts updated by county records on Jun 27, 2024

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Horace Mann Laboratory School

Public PreK-5 • Assigned • 0.9mi

3/10

Saltonstall School

Public K-8 • Assigned • 1.2mi

5/10

Salem High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

7/10 Wind Factor

78% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Salem, MA • 01970

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$836,000 – $1.01M

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Nearby similar homes

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New listings for sale in 01970

NEW 4 HRS AGO

$595,000

2 beds1 bath1,272 sq ft

10 Union St #3, Salem, MA 01970

OPEN FRI, 12PM TO 1PM

$744,900

3 beds2 baths1,858 sq ft

33 Buena Vista Ave, Salem, MA 01970

$695,000

2 beds2 baths1,092 sq ft

65 Washington St #405, Salem, MA 01970

$565,000

2 beds2.5 baths1,955 sq ft

22 Celestial Way Unit 19B, Salem, MA 01970

LISTED BY REDFIN

$699,000

3 beds2.5 baths1,838 sq ft

5-7 Bradford St #5, Salem, MA 01970

$299,000

1 bed1 bath735 sq ft

163 North St #1, Salem, MA 01970

$549,900

3 beds2 baths1,556 sq ft

1 Randall St, Salem, MA 01970

$557,000

2 beds1 bath1,318 sq ft

6 Union St #3, Salem, MA 01970

HOT HOME

$749,900

3 beds3 baths2,450 sq ft

11 Mooney Rd, Salem, MA 01970

Home values near 38-40 Moffatt Rd

Data from public records.

Address	Redfin Estimate
60 Moffatt Rd, Salem, MA 3 Beds \| 1.5 Baths \| 1673 Sq. Ft.	$589,450
42 Moffatt Rd, Salem, MA 3 Beds \| 2 Baths \| 2402 Sq. Ft.	$834,505

Address	Redfin Estimate
52 Moffatt Rd, Salem, MA 4 Beds \| 1.5 Baths \| 1512 Sq. Ft.	$669,770
38 Moffatt Rd, Salem, MA 4 Beds \| 2 Baths \| 2153 Sq. Ft.	$720,642

Address	Redfin Estimate
46 Moffatt Rd, Salem, MA 4 Beds \| 2.5 Baths \| 2000 Sq. Ft.	$746,971
37 Moffatt Rd, Salem, MA 4 Beds \| 1 Baths \| 1168 Sq. Ft.	$647,243

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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