OFF MARKET

Off Market Sep 2020 for $999K

$1,376,687

Est. refi paymentEst. refi $3,304/mo

•

3,600

sq ft

4 Ropes St, Salem, MA 01970

About this home

Open House Wednesday night (June 10th) from 5-6 pm. Rarely available four unit building available and located right in downtown Salem. This property has been renovated and could be considered to be in condo ready shape! Each unit offers 2 bedrooms, updated kitchens and baths, central air conditioning and gleaming hardwood floors. Current annual income is $86,136. One unit was left vacant for an owner occupant however a new tenant is moving in Friday at $1950/month so full occupancy being delivered. Systems have been updated. Walk to many of the wonderful downtown Salem attractions, restaurants, Pickering Wharf and the MBTA commuter rail. Only the vacant unit and basement common area can be shown Wednesday.. Masks must be worn. Income and expenses are provided as an attachment.

Multi-familyProperty Type

1915Year Built

3,600 sq ftLot Size

$382Est. Price/Sq.Ft.

Listed by John Schwagerl and Scott Twadelle • RCG Properties

Bought with Joseph Firicano • Boston Hub Real Estate

Redfin checked: 2 minutes ago

•Source:MLS PIN #72664105

Redfin Estimate

$1,376,687

$378K since sold in September 2020$11K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 42.1% higher than the average sale price ($969K) of 6 comparable homes.

SOLD JUL 28, 2026
$900,000
A
8 beds3 baths3,419 sq ft
39 Mason St, Salem, MA 01970
SOLD DEC 1, 2025
$1,225,000
B
7 beds3.5 baths3,650 sq ft
51 Ocean Ave, Salem, MA 01970
SOLD MAY 28, 2026
$1,020,000
C
6 beds4 baths4,394 sq ft
101 Ocean Ave, Salem, MA 01970
SOLD MAR 23, 2026
$650,000
D
5 beds2 baths3,378 sq ft
3 Chase St, Salem, MA 01970
SOLD MAY 20, 2026
$1,140,000
E
7 beds3 baths4,330 sq ft
17 Roslyn St, Salem, MA 01970
SOLD JUN 15, 2026
$878,000
F
4 beds3 baths3,192 sq ft
34 Forest Ave, Salem, MA 01970

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Earn from this home

Refinance

Est. cash available

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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

OPEN SUN, 12PM TO 1:30PM
$695,000
2 beds2 baths1,092 sq ft
65 Washington St #405, Salem, MA 01970
OPEN SUN, 1PM TO 2PM
$565,000
2 beds2.5 baths1,955 sq ft
22 Celestial Way Unit 19B, Salem, MA 01970
LISTED BY REDFIN 31 HRS AGO
$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
OPEN SUN, 1PM TO 2:30PM
$549,900
3 beds2 baths1,556 sq ft
1 Randall St, Salem, MA 01970
OPEN SUN, 11AM TO 12PM
$557,000
2 beds1 bath1,318 sq ft
6 Union St #3, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$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
OPEN SUN, 12PM TO 1:30PM
$850,000
7 beds2 baths2,918 sq ft
21 Jackson St, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$549,900
2 beds2 baths1,153 sq ft
40 Essex St #1, Salem, MA 01970
See all

Provided by Redfin

Sale history for 4 Ropes St

Date

Event

Price

LISTANZA #1

May 11, 2024

Rental Removed

$2,600

$1/sq ft

May 3, 2024

Listed for Rent

$2,600

$1/sq ft

MLS PIN #72664105

Sep 15, 2020

Sold

$999,000

$278/sq ft

Jul 6, 2020

Contingent

—

Jun 8, 2020

Relisted

—

Jun 3, 2020

Pending

—

May 29, 2020

Listed

$999,000

$278/sq ft

MLS PIN #71959578

May 31, 2016

Sold

$680,000

$189/sq ft

Feb 28, 2016

Pending

—

Feb 16, 2016

Listed

$649,900

$181/sq ft

Fantastic 4 Family Investment property just outside of historic Downtown Salem. Gutted and re-habbed just over 5 years ago, this cash-flowing machine has all the bells and whistles you desire in an investment property. All finishes throughout each unit include hardwood flooring, doors, trim, energy efficient windows, recessed lighting, granite counters, SS apps, Bosch Washer/Dryer in each unit, closet space galore, and so much more! Each unit is individually metered with new gas systems, central AC, and their own water heater (2 of which are tankless systems). Not too often does a fully occupied 4 family completely renovated with tremendous cash flow come available. With the Salem market continuing to rise, this is a great investment for anyone looking for continued growth.

Public Records

Jun 10, 2003

Sold

$470,000

$131/sq ft

MLS PIN #30330508

Jun 22, 1999

Sold

$207,000

$58/sq ft

Apr 11, 1999

Listing Removed

—

Feb 4, 1999

Listed

$199,000

$55/sq ft

Public Records

Dec 31, 1996

Sold

$128,780

$36/sq ft

MLS PIN #30081644

Feb 29, 1996

Sold

$95,000

$26/sq ft

Dec 19, 1995

Listed

$114,900

$32/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$12,302 (+4.7%)

$144,400 + $839,000

$983,400

2022

$11,747 (+1.3%)

$135,700 + $750,900

$886,600

2021

$11,600 (+8.9%)

$135,700 + $704,900

$840,600

2020

$10,653 (+5.1%)

$117,300 + $619,900

$737,200

2019

$10,137 (+11.7%)

$111,500 + $559,800

$671,300

2018

$9,077 (+9.1%)

$106,300 + $483,900

$590,200

2017

$8,322 (+14.7%)

$86,600 + $438,100

$524,700

2016

$7,255 (+3.1%)

$82,000 + $381,000

$463,000

2015

$7,035 (+4.6%)

$73,900 + $354,800

$428,700

2014

$6,724 (+5.2%)

$73,900 + $328,000

$401,900

2013

$6,391 (+3.5%)

$73,900 + $316,300

$390,200

2012

$6,172 (+1.5%)

$78,600 + $316,300

$394,900

2011

$6,083

$76,200 + $328,000

$404,200

Tax history for 4 Ropes St

Year

Property tax

Land + Additions

Assessment*

2023

$12,302 (+4.7%)

$144,400 + $839,000

$983,400

2022

$11,747 (+1.3%)

$135,700 + $750,900

$886,600

2021

$11,600 (+8.9%)

$135,700 + $704,900

$840,600

2020

$10,653 (+5.1%)

$117,300 + $619,900

$737,200

2019

$10,137 (+11.7%)

$111,500 + $559,800

$671,300

2018

$9,077 (+9.1%)

$106,300 + $483,900

$590,200

2017

$8,322 (+14.7%)

$86,600 + $438,100

$524,700

2016

$7,255 (+3.1%)

$82,000 + $381,000

$463,000

2015

$7,035 (+4.6%)

$73,900 + $354,800

$428,700

2014

$6,724 (+5.2%)

$73,900 + $328,000

$401,900

2013

$6,391 (+3.5%)

$73,900 + $316,300

$390,200

2012

$6,172 (+1.5%)

$78,600 + $316,300

$394,900

2011

$6,083

$76,200 + $328,000

$404,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,485 Sq. Ft.

Year renovated

—

Sq. Ft.

3,600

Year built

1915

Style

Multi-Family (5+ Unit)

County

Essex County

APN

2135762

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Residential Multifamily 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
Housing-Multiple units
Public service
Museum / gallery
Golf related

Property details

Interior

Bathroom Information
# of Bathrooms (Full): 4

Basement Information
Basement: Full, Walk-Out Access, Interior Entry

Interior Features
# of Rooms (Total): 20
Window Features: Insulated Windows
Flooring: Wood

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

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

Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: Y

Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: Y

Exterior

Building Information
Building Area (Total): 3,600
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Color: green

Exterior Features
Roof: Rubber
Patio And Porch Features: Porch

Property Information
PropertySubType: 4 Family - 4 Units Side by Side

Lot Information
Lot Size (Acres): 0.08
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $10,653
Tax Year: 2020

Utilities

Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service

Location

Location Information
Directions: Lafayette Street to Washington Street to Ropes (one way off Washington)
UnparsedAddress: 4 Ropes St, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Public School, T-Station, University

Public facts

Beds: 8
Baths: 4.0
Sq. Ft.: 3,600
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1915
Year Renovated: —
County: Essex County
APN: 2135762

Home facts updated by county records on Jul 19, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Saltonstall School

Public K-8 • Assigned • 0.3mi

5/10

Salem Prep High School

Public 9-12 • Assigned • 0.4mi

Salem High School

Public 9-12 • Assigned • 1.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be 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 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 4 Ropes St

Data from public records.

Address	Redfin Estimate
3 Ropes Street, Salem, MA 8 Beds \| 4 Baths \| 4100 Sq. Ft.	$1,358,037
6 Ropes Street, Salem, MA 6 Beds \| 3 Baths \| 2574 Sq. Ft.	$825,195

Address	Redfin Estimate
5 Ropes Street, Salem, MA 12 Beds \| 6 Baths \| 5768 Sq. Ft.	—
1 Ropes Street, Salem, MA 9 Beds \| 4 Baths \| 4118 Sq. Ft.	$1,318,454

Address	Redfin Estimate
2 Ropes Street, Salem, MA 4 Beds \| 2 Baths \| 2287 Sq. Ft.	$662,061
2 1/2 Ropes Street, Salem, MA 3 Beds \| 1.5 Baths \| 1315 Sq. Ft.	$551,144

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 01970, MA

Sale history for 4 Ropes St

Tax history for 4 Ropes St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 01970

Home values near 4 Ropes St

More real estate resources