$2,049,000

8-8.5 Herbert St Salem, MA 01970

$10,000
Closing credit¹
9 beds
9 full
7,452 sqft
0.06 acres
$275 / sqft
Multi-Family

Property details

About 8-8.5 Herbert St

We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and management efficiencies. The property features unique finishes due to the historic nature offering residents a unique product in the area. The property is ideally located in a quiet residential neighborhood that is a short walk to Salem Harbor and other local attractions such as the restaurants and boutiques that make up the area.

Highlights

Home typeMulti Family
StatusActive
Size7,452 sqft
Lot size0.06 Acres
Year built1850
MLS #73366028
WaterfrontBeach, Harbor, Other

Summary

  • Full Bathrooms: 9
  • Appliances: Refrigerator
  • Interior: Living Room, Kitchen
  • Total Bedroom Count: 9
  • Waterfront: Beach, Harbor, Other
  • List Price: $2,049,000
  • Price/SqFt: $274
  • Lot: Other
  • Directions: 8-8.5 Herbert Street Salem, MA 01970
  • Year Built: 1850
  • Stories: 3
  • Living Area: 7,452 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: 73366028
  • MLS Name: MLS Property Information Network
  • Office Name: Boston Realty Advisors
  • Office Phone: (617) 375-7900
  • Listing Agent: Kevin Benzinger

IDX 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: 6/24/2025, 4:45:28 PM 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

8-8.5 Herbert St, Salem, MA 01970 - view of snow covered property

$2,049,000

8-8.5 Herbert St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Bentley Academy Innovation School

Public District KG-5

0.7 mi

25 Memorial Dr

4

Carlton

Public District KG-5

0.7 mi

10 Skerry St

5

Bates

Public District KG-5

1.3 mi

53 Liberty Hill Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $74,799. Residents of Salem, MA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

24%
<35k
47%
35k-100k
28%
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?

74%
Single, No Kids
3%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market
  • QdobaQdoba

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 8-8.5 Herbert St

The listing price of 8-8.5 Herbert St property is $2,049,000.

The property 8-8.5 Herbert St is a multi located in Salem, Massachusetts, 01970.

Active Listing: 8-8.5 Herbert St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8-8.5 Herbert St are: Bentley Academy Innovation School (GreatSchools Rating 3/10), Carlton (GreatSchools Rating 4/10), Bates (GreatSchools Rating 5/10), Saltonstall School (GreatSchools Rating 3/10), Collins Middle School (GreatSchools Rating 3/10), Marblehead Community Charter Public School (GreatSchools Rating 5/10), Salem Academy Charter School (GreatSchools Rating 6/10), New Liberty Innovation School (GreatSchools Rating 1/10), Salem High School (GreatSchools Rating 3/10).

The property 8-8.5 Herbert St is 7,452 SqFt (source: MLS/tax record).

The year of construction for 8-8.5 Herbert St is 1850.

This home is located at 8-8.5 Herbert St in Salem, MA and zip code 01970. This 7,452 square foot home, which was built in 1850, sits on a 0.06 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $2,049,000.

In May 2025 more than 35 listings in Salem, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 14 were sold below. The number of listings in Salem, MA increased by 18.2% between April and May 2025. Listings spent 23 days on the market in May 2025, and had a median list price of $600,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources