SOLD FEB 13, 2026

Off Market Feb 2026 for $905K

$1,002,847

Est. refi paymentEst. refi $2,852/mo

•

2,536

sq ft

55 Butler St, Salem, MA 01970

About this home

Welcome to 55 Butler St! This sun-filled 2-family opportunity on a corner lot w/ a history of strong rent offers incredible flexibility for investors or owner-occupants alike! The first floor unit features 2 bedrooms, 1 bathroom and a parking space, while Unit 2 is an upper duplex featuring 3 bedrooms, 2 full bathrooms, 2 parking spaces and a small sunroom off the kitchen w/ 2 additional bonus rooms on the 3rd floor! The building also includes a large basement w/ separate washers/dryers. Both existing units were renovated in 2018 (including updated heat/hot water systems and electrical). Fully approved by the Salem ZBA to convert from a 2- to 3-unit building by splitting Unit 2 into individual units on the two separate floors. The approved plans were designed to facilitate the conversion, with the new 3rd floor unit retaining its existing bathroom. A kitchen, skylights and laundry to be added. Home is vacant. Prime location already green-lit for expansion!

Multi-familyProperty Type

1880Year Built

4,251 sq ftLot Size

$395Est. Price/Sq.Ft.

3 spacesParking

Listed by Daniel Resop • William Raveis R.E. & Home Services

Bought with Mirella McDonough • Real Broker MA, LLC

Redfin checked: 2 minutes ago

•Source:MLS PIN #73446309

Redfin Estimate

$1,002,847

$98K since sold in February 2026$20K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.5% higher than the average sale price ($876K) of 6 comparable homes.

SOLD JUN 23, 2026
$1,025,000
A
7 beds3 baths2,502 sq ft
24 Tracey St, Peabody, MA 01960
SOLD MAY 7, 2026
$1,000,000
B
7 beds3 baths2,300 sq ft
23 Northend, Peabody, MA 01960
SOLD MAY 29, 2026
$690,000
C
5 beds2 baths2,430 sq ft
82 Flint St, Salem, MA 01970
SOLD AUG 17, 2026
$690,000
D
4 beds3 baths1,786 sq ft
28 Grove St, Salem, MA 01970
SOLD NOV 3, 2025
$875,000
E
7 beds3 baths2,808 sq ft
22 Hanson St, Salem, MA 01970
SOLD JUN 26, 2026
$975,000
F
4 beds3 baths2,926 sq ft
126-1/2 Federal St, Salem, MA 01970

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Earn from this home

Sell

$236,146

Est. take-home

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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

101.3%

0.1% MoM

Median sale price

$625K

$5K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

151

6 MoM

New listings for sale

NEW 1 HR AGO
$1,875,000
6 beds6.5 baths5,345 sq ft
393 Essex St, Salem, MA 01970
NEW 1 HR AGO
$830,000
2 beds2 baths1,356 sq ft
65 Washington St #411, Salem, MA 01970
OPEN SAT, 10AM TO 11:30AM
$774,500
3 beds2 baths1,908 sq ft
45 Summit Ave, Salem, MA 01970
OPEN THU, 4PM TO 6PM
$399,900
1 bed1 bath1,147 sq ft
11 Church St Unit G14, Salem, MA 01970
$539,000
2 beds2 baths1,136 sq ft
35 Flint St #205, Salem, MA 01970
$599,999
4 beds2 baths1,748 sq ft
21 West Ave, Salem, MA 01970
$469,900
2 beds1 bath813 sq ft
131 Derby St Unit 1R, Salem, MA 01970
$1,000,000
2 beds2 baths1,467 sq ft
16 Franklin St #1302, Salem, MA 01970
$399,900
5 beds2 baths2,123 sq ft
33 Walter St, Salem, MA 01970
VIDEO TOUR
$649,900
3 beds2.5 baths1,850 sq ft
43 Bridge #1, Salem, MA 01970
See all

Provided by Redfin

Sale history for 55 Butler St

Date

Event

Price

MLS PIN #73446309

Feb 13, 2026

Sold

$905,000

$357/sq ft

Jan 3, 2026

Contingent

—

Dec 29, 2025

Relisted

—

Dec 19, 2025

Contingent

—

Nov 18, 2025

Price Changed

$925,000

$365/sq ft

Oct 22, 2025

Listed

$949,000

$374/sq ft

MLS PIN #71157196

Mar 30, 2011

Sold

$180,000

$71/sq ft

Nov 4, 2010

Contingent

—

Oct 30, 2010

Listed

$199,900

$79/sq ft

MLS PIN #30745649

Oct 1, 2003

Sold

$375,000

$148/sq ft

Sep 8, 2003

Listing Removed

—

Jul 15, 2003

Listed

$409,900

$162/sq ft

Year

Property tax

Land + Additions

Assessment*

2019

$7,108 (+8.4%)

$142,500 + $328,200

$470,700

2018

$6,558 (+6.8%)

$135,400 + $291,000

$426,400

2017

$6,143 (+2.6%)

$114,200 + $273,100

$387,300

2016

$5,986 (+5.8%)

$108,900 + $273,100

$382,000

2015

$5,657 (+13.0%)

$100,100 + $244,600

$344,700

2014

$5,004 (+5.2%)

$100,100 + $199,000

$299,100

2013

$4,757 (+2.3%)

$100,100 + $190,300

$290,400

2012

$4,650 (−0.7%)

$107,200 + $190,300

$297,500

2011

$4,684 (+0.4%)

$107,200 + $204,000

$311,200

2010

$4,667 (−0.4%)

$111,900 + $221,200

$333,100

2009

$4,686

$117,800 + $244,900

$362,700

Tax history for 55 Butler St

Year

Property tax

Land + Additions

Assessment*

2019

$7,108 (+8.4%)

$142,500 + $328,200

$470,700

2018

$6,558 (+6.8%)

$135,400 + $291,000

$426,400

2017

$6,143 (+2.6%)

$114,200 + $273,100

$387,300

2016

$5,986 (+5.8%)

$108,900 + $273,100

$382,000

2015

$5,657 (+13.0%)

$100,100 + $244,600

$344,700

2014

$5,004 (+5.2%)

$100,100 + $199,000

$299,100

2013

$4,757 (+2.3%)

$100,100 + $190,300

$290,400

2012

$4,650 (−0.7%)

$107,200 + $190,300

$297,500

2011

$4,684 (+0.4%)

$107,200 + $204,000

$311,200

2010

$4,667 (−0.4%)

$111,900 + $221,200

$333,100

2009

$4,686

$117,800 + $244,900

$362,700

*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

4,356 Sq. Ft.

Year renovated

—

Sq. Ft.

2,558

Year built

1880

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2129096

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 27, 2023.

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
Open Parking Spaces: 3
Parking Spaces: 3
Parking Features: Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 3

Basement Information
Basement: Concrete, Unfinished

Interior Features
# of Rooms (Total): 11
Flooring: Wood

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

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

Exterior

Building Information
Building Area (Total): 2,536
Foundation Details: Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Renovated Since

Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Above Grade Finished Area: 2536
Below Grade Finished Area: 791
Levels: 3

Lot Information
Lot Size (Acres): 0.1
Lot Features: Corner Lot

Financial

Tax Information
Tax Annual Amount: $9,931
Tax Year: 2025

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Location

Location Information
Directions: Google Maps
UnparsedAddress: 55 Butler St, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Public School

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 2,558
Stories: 3.0
Lot Size: 4,356 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: —
County: Essex County
APN: 2129096

Home facts updated by county records on Jan 27, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Witchcraft Heights Elementary School

Public K-5 • Assigned • 0.3mi

5/10

Collins Middle School

Public 6-8 • Assigned • 0.7mi

6/10

Salem High School

Public 9-12 • Assigned • 1.0mi

4/10

Saltonstall School

Public K-8 • Assigned • 1.4mi

5/10

Salem Prep High School

Public 9-12 • Assigned • 1.2mi

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

Estimated sale price

$953,000 – $1.15M

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Nearby similar homes

NEW 1 HR AGO

$1,875,000

6 beds6.5 baths5,345 sq ft

393 Essex St, Salem, MA 01970

3D & VIDEO TOUR

$1,700,000

8 beds6 baths4,310 sq ft

18 Balcomb St, Salem, MA 01970

$1,599,999

Land— sq ft

180 Conant Conant St, Danvers, MA 01923

$1,375,000

6 beds7 baths5,458 sq ft

166 High St, Danvers, MA 01923

$875,000

5 beds3 baths2,229 sq ft

5 Willow Ave, Salem, MA 01970

$1,100,000

6 beds4 baths3,025 sq ft

147 High St, Danvers, MA 01923

New listings for sale in 01970

NEW 1 HR AGO

$1,875,000

6 beds6.5 baths5,345 sq ft

393 Essex St, Salem, MA 01970

NEW 1 HR AGO

$830,000

2 beds2 baths1,356 sq ft

65 Washington St #411, Salem, MA 01970

OPEN SAT, 10AM TO 11:30AM

$774,500

3 beds2 baths1,908 sq ft

45 Summit Ave, Salem, MA 01970

OPEN THU, 4PM TO 6PM

$399,900

1 bed1 bath1,147 sq ft

11 Church St Unit G14, Salem, MA 01970

$539,000

2 beds2 baths1,136 sq ft

35 Flint St #205, Salem, MA 01970

$599,999

4 beds2 baths1,748 sq ft

21 West Ave, Salem, MA 01970

$469,900

2 beds1 bath813 sq ft

131 Derby St Unit 1R, Salem, MA 01970

$1,000,000

2 beds2 baths1,467 sq ft

16 Franklin St #1302, Salem, MA 01970

$399,900

5 beds2 baths2,123 sq ft

33 Walter St, Salem, MA 01970

Home values near 55 Butler St

Data from public records.

Address	Redfin Estimate
62 Butler St, Salem, MA 6 Beds \| 2.5 Baths \| 1764 Sq. Ft.	$777,375
63 Butler St, Salem, MA 3 Beds \| 2 Baths \| 1193 Sq. Ft.	$573,785

Address	Redfin Estimate
60 Butler St, Salem, MA 3 Beds \| 1.5 Baths \| 1442 Sq. Ft.	$530,235
65 Butler St, Salem, MA 3 Beds \| 1 Baths \| 1280 Sq. Ft.	$568,870

Address	Redfin Estimate
57 Butler St, Salem, MA 6 Beds \| 2 Baths \| 2484 Sq. Ft.	$729,465
67 Butler St, Salem, MA 3 Beds \| 1 Baths \| 1238 Sq. Ft.	$553,482

Property information provided by MLS PIN when last listed in 2025. This data may not match . Learn more.

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