$10,000 Closing Credit¹
#73378995, Armstrong Field Team, Listing office: Aluxety
$849,000 List price
14 Forest Ave Salem, MA 01970
$10,000
Closing credit¹
6 beds
2 full
2,380 sqft
0.06 acres
$357 / sqft
Multi-Family
Property details
About 14 Forest Ave
A true turnkey investment awaits at 14 Forest Ave in desirable downtown Salem! This meticulously maintained two-family home, encompassing approximately 2380 sq ft of living space, offers an exceptional opportunity with a strong rental history and significant capital improvements already in place. Investors will appreciate the peace of mind provided by slate roof and newer vinyl siding, coupled with the crucial 2023 updates of new forced hot air furnaces and condensers for both units. Unit 1 is currently leased at $2,900 a month featuring the sought-after convenience of in-unit laundry, a new hot water tank (2024), a private side deck, and two parking spaces. Unit 2, recently vacated and poised for new tenancy at an estimated $2,750/month, provides immediate rental potential and includes a private side porch. With a full basement and walk-up attic for extensive storage or living space expansion. This property is a compelling asset in the robust Salem real estate market.
Highlights
Home typeMulti Family
HeatingCentral, Natural Gas
StatusActive
(New)
(New)
CoolingCentral Air
Size2,380 sqft
BasementYes
Lot size0.06 Acres
Year built1915
ParkingOff Street, Tandem
MLS #73385355
WaterfrontBeach, Harbor, Ocean Front
Summary
- Full Bathrooms: 2
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Living Room, Dining Room, Kitchen, Laundry Room
- Total Bedroom Count: 6
- Parking: Off Street, Tandem
- Waterfront: Beach, Harbor, Ocean Front
- Exterior: Rain Gutters
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $849,000
- Price/SqFt: $356
- Annual Tax Amount: $7,107
- Tax Year: 2024
- Lot: Level
- Directions: Canal Street to Forest Ave
- Year Built: 1915
- Stories: 3
- Living Area: 2,380 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73385355
- MLS Name: MLS Property Information Network
- Office Name: Coldwell Banker Realty - Cambridge
- Office Phone: (617) 864-4430
- Listing Agent: The Team - Real Estate Advisors
Disclaimer: The 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 8:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$849,000
14 Forest Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 28, 2020 | Home Sold | $610,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $611,600 | $7,107 |
| 2023 | $552,700 | $6,914 |
| 2022 | $518,100 | $6,865 |
| 2021 | $479,000 | $6,610 |
| 2020 | $431,000 | $6,228 |
| 2019 | $408,000 | $6,161 |
History based on county public records data.
Nearby schools
1
Horace Mann Laboratory
Public District KG-5
0.8 mi
•79 Willson St
7
Village School
Public District 3-6
1.4 mi
•93 Village St
4
Witchcraft Heights
Public District KG-5
1.5 mi
•1 Frederick St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,551. Most Salem, MA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
34%
<35k
47%
35k-100k
18%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
10%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
39%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
College Basketball
Where do the neighbors shop?
Express/Express For Men
Forever 21
Dillards
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Logan's Roadhouse
What do the neighbors drive?
Volkswagen
Mazda
Hyundai
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$10,000 Closing Credit¹
#73381487, The Alianza Group, Listing office: Nina-Soto Realty, LLC
$10,000 Closing Credit¹
#73380234, Joseph Gagnon, Listing office: Aluxety
$10,000 Closing Credit¹
#73354024, Kevin Benzinger, Listing office: Boston Realty Advisors
$10,000 Closing Credit¹
#73354049, Kevin Benzinger, Listing office: Boston Realty Advisors
Frequently asked questions
About 14 Forest Ave
The listing price of 14 Forest Ave property is $849,000.
The property 14 Forest Ave is a multi located in Salem, Massachusetts, 01970.
Active Listing: 14 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 14 Forest Ave are: Horace Mann Laboratory (GreatSchools Rating 1/10), Village School (GreatSchools Rating 7/10), Witchcraft Heights (GreatSchools Rating 4/10), Saltonstall School (GreatSchools Rating 3/10), Collins Middle School (GreatSchools Rating 3/10), Marblehead Veterans Middle School (GreatSchools Rating 8/10), Salem Academy Charter School (GreatSchools Rating 6/10), Salem High School (GreatSchools Rating 3/10), New Liberty Innovation School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $7,107 (source: MLS/based on county public records data).
The last sale was on August 28, 2020 for $610,000 (source: MLS/tax record).
The property 14 Forest Ave is 2,380 SqFt (source: MLS/tax record).
The year of construction for 14 Forest Ave is 1915.
This home is located at 14 Forest Ave in Salem, MA and zip code 01970. This 2,380 square foot home, which was built in 1915, sits on a 0.06 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $849,000.
In May 2025, from all listings sold in Salem, MA there were more than 35 sold above asking price, over 14 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Salem, MA increased by 18.2% between April and May 2025. While the average time on the market in May 2025 was 23 days, the median list price was $600,000.
From Rocket Homes Real Estate and based on county public records data.