Pending

$399,900

Est. $2,785/mo —

•

2,123

sq ft

33 Walter St, Salem, MA 01970

About this home

Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable. Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale. Offers Due by 7pm September 20th .

Multi-familyProperty Type

1800Year Built

8,851 sq ftLot Size

$188Price/Sq.Ft.

2 spacesParking

Listed by James Bourque • Diamond Key Real Estate

Listed by • Diamond Key Real Estate

Listing updated: Sep 22, 2026 at 10:56am

Redfin checked: 2 minutes ago

•Source:MLS PIN #73578801

Payment calculator

$2,785 per month

Principal and interest$2,210

Property taxes

$496

HOA dues

Home insurance

$80

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 4PM TO 5:30PM
$660,000
4 beds1 bath1,311 sq ft
8 Savoy Rd, South Hamilton, MA 01982
OPEN TODAY, 4:30PM TO 6PM
$379,900
1 bed1.5 baths557 sq ft
8 Parker Rd #4, Wakefield, MA 01880
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$679,000
2 beds2 baths1,009 sq ft
69 Foundry St #310, Wakefield, MA 01880
OPEN SAT, 12PM TO 1:30PM
$899,000
3 beds2 baths1,288 sq ft
17 Cottage St, Marblehead, MA 01945
OPEN SAT, 12PM TO 1:30PM
$1,149,000
9 beds3 baths3,480 sq ft
134 Proctor, Revere, MA 02151
OPEN SAT, 12PM TO 1:30PM
$1,849,000
10 beds6 baths3,282 sq ft
14-16 Ripley St, Malden, MA 02148
OPEN SAT, 1PM TO 3PM
$259,000
1 bed1 bath565 sq ft
68 Linden St #34, Everett, MA 02149
OPEN SAT, 1:30PM TO 3PM
$545,000
3 beds1 bath1,800 sq ft
126 Fenley St, Revere, MA 02151
OPEN SUN, 11AM TO 1PM
$895,000
3 beds3 baths1,780 sq ft
85 Kenmere #1, Medford, MA 02155
OPEN SUN, 11AM TO 1PM
$1,050,000
3 beds3 baths2,000 sq ft
83 Kenmere #2, Medford, MA 02155

Around this home

Schools

K - 12
Preschool & daycare

Bates

Public PreK-5 • Assigned • 0.4mi

7/10

Collins Middle School

Public 6-8 • Assigned • 1.1mi

6/10

Salem Prep High School

Public 9-12 • Assigned • 0.7mi

Salem High School

Public 9-12 • Assigned • 1.7mi

4/10

Provided by GreatSchools

About North

Salem

North Salem, located between the Salem Common and the Forest River waterfront, is a historic and residential Salem neighborhood with a harbor-facing edge and a patchwork of walkable side streets. The neighborhood’s character concentrates around the Salem Ferry terminal at Blaney Street, where commuter foot traffic meets marina views and a working-waterfront feel. Federal and Greek Revival homes sit alongside compact multifamily buildings, with brick sidewalks and pocket gardens shaping the streetscape. The House of the Seven Gables anchors the shoreline with literary history and period architecture. Nearby, Salem Maritime National Historic Site frames the area with wharves, tall-ship scenery, and museum spaces. Cafes and small shops cluster toward Derby Street, tying daily errands to the waterfront promenade.

Provided by Walk Score and Local Logic

Offer insights

33 Walter St · $399,900

Strong offer

$425K and above

75% chance or better to win

Why $425K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 22 days.

SALE-TO-LIST

Most homes are selling 2% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Living room
Kitchen
Total of 9 rooms
Has fireplaces (2 total)

Bathrooms
2 full bathrooms

Sale and tax history for 33 Walter St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2023

$5,263 (−5.9%)

$197,300 + $223,400

$420,700

2022

$5,592 (+4.7%)

$190,700 + $231,300

$422,000

2021

$5,341 (−1.4%)

$177,600 + $209,400

$387,000

2020

$5,419 (+0.8%)

$167,700 + $207,300

$375,000

2019

$5,374 (+8.7%)

$159,200 + $196,700

$355,900

2018

$4,946 (+8.5%)

$151,300 + $170,300

$321,600

2017

$4,557 (+3.3%)

$127,600 + $159,700

$287,300

2016

$4,410 (+3.2%)

$121,700 + $159,700

$281,400

2015

$4,272 (+7.6%)

$111,800 + $148,500

$260,300

2014

$3,972 (+5.0%)

$111,800 + $125,600

$237,400

2013

$3,784 (−1.8%)

$111,800 + $119,200

$231,000

2012

$3,853 (−0.8%)

$119,700 + $126,800

$246,500

2011

$3,884 (+0.3%)

$119,700 + $138,400

$258,100

2010

$3,872 (−4.4%)

$125,000 + $151,400

$276,400

2009

$4,049

$131,600 + $181,800

$313,400

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

2,123

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,123

Year built

1800

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2133317

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

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

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

6/10 Wind Factor

77% 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

Redfin Estimate for 33 Walter St

$438,352

$38K over list price of $400K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $565K to $682K.

SOLD JUN 1, 2026
$635,000 Last sold price
2 beds2 baths1,786 sq ft
5 Herbert St, Salem, MA 01970
$168/sq ft
smaller lot
64 years newer
SOLD JUN 2, 2026
$615,000 Last sold price
2 beds1.5 baths1,389 sq ft
184 North St, Salem, MA 01970
$255/sq ft
smaller lot
150 years newer
BOUGHT WITH REDFIN MAR 11, 2026
$682,000 Last sold price
3 beds1.5 baths1,668 sq ft
21 Manning St, Salem, MA 01970
$221/sq ft
smaller lot
146 years newer
SOLD SEP 10, 2026
$570,000 Last sold price
2 beds1 bath1,201 sq ft
9 Lemon St, Salem, MA 01970
$287/sq ft
smaller lot
50 years newer
SOLD JUL 22, 2026
$565,000 Last sold price
4 beds1 bath1,326 sq ft
144 Tremont St, Peabody, MA 01960
$238/sq ft
smaller lot
163 years newer
SOLD JUL 15, 2026
$590,000 Last sold price
3 beds1.5 baths1,718 sq ft
15 Carol Ann Rd, Peabody, MA 01960
$155/sq ft
smaller lot
159 years newer

This home is pending

The seller has accepted an offer, and this property is now .

Have questions?

Michael Malkin

Salem Redfin Agent

Michael Malkin typically replies in about 9 minutes

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Details provided by MLS PIN and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Open houses

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 33 Walter St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 33 Walter St

This home is pending

Have questions?

Nearby similar homes

New listings for sale in 01970

More real estate resources