Sold
Last Sold Price
4 beds2,672 sqft$254/sqft
15 Cleveland Rd, Salem, MA 01970
Multi FamilyProperty Type
7,410 sq ftLot Size
1915Year Built
$254/sq ftPrice per sq ft
10 carsParking Spaces

Description

This is the opportunity you have been waiting for! Location! Location! Location! You don't want to miss this beautiful two family! Perfect for owner to occupy with rental income or as an investment. Very quiet neighborhood. Each unit features: Living room, Dining room, Kitchen, 1 Bath and two Bedrooms. The second unit has potential to expand into a large, unfinished attic space. Newer heating systems. French drain with sump-pump installed in 2019. Two car garage plus plenty of off-street parking....This is the opportunity you have been waiting for! Location! Location! Location! You don't want to miss this beautiful two family! Perfect for owner to occupy with rental income or as an investment. Very quiet neighborhood. Each unit features: Living room, Dining room, Kitchen, 1 Bath and two Bedrooms. The second unit has potential to expand into a large, unfinished attic space. Newer heating systems. French drain with sump-pump installed in 2019. Two car garage plus plenty of off-street parking. Short distance to shops, restaurants and the ocean. First showings at open house Saturday June 5th from 1-3 PM. This is the one!
  • Listed by: Guillermo Perez • RE/MAX Way
Listing closed: 07/16/2021 12:00 AM • Source: MLS PIN, MLS#: 72840889

Recent comparable sales

Median sold price

$820,000

Avg days on market

17

Sale-to-list ratio

105.8%

Salem, MA

9 comparable properties found

a living room with furniture and a flat screen tv
1/38
1

$820,000

Sold 11/29/24

4
Bedrooms
2,345
Square Feet
0.24
Acres
$850,000 | 32-34 Lafayette Place, Salem, MA 01970
1/28
2

$850,000

Sold 09/27/24

4
Bedrooms
2,948
Square Feet
0.15
Acres
$580,000 | 8 Webb Street, Salem, MA 01970
1/2
3

$580,000

Sold 05/08/26

4
Bedrooms
2,640
Square Feet
0.15
Acres
$770,000 | 13 Raymond Road, Salem, MA 01970
1/33
4

$770,000

Sold 07/17/25

4
Bedrooms
2,470
Square Feet
0.14
Acres
a front view of a house with garden
1/42
5

$755,432

Sold 12/18/24

4
Bedrooms
2,810
Square Feet
0.19
Acres
a front view of a house with a yard
1/27
6

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Sold 07/31/25

4
Bedrooms
2,228
Square Feet
0.12
Acres
a view of a house with backyard and garden
1/43
7

$929,900

Sold 10/29/24

4
Bedrooms
2,784
Square Feet
0.15
Acres
$929,000 | 3 Saltonstall Parkway, Salem, MA 01970
1/40
8

$929,000

Sold 08/01/25

4
Bedrooms
2,474
Square Feet
0.10
Acres
$720,000 | 81 Loring Avenue, Salem, MA 01970
1/8
9

$720,000

Sold 06/22/26

4
Bedrooms
Unavailable
Square Feet
0.12
Acres

Location

Listing Courtesy of RE/MAX Way, Guillermo Perez

Sold By RE/MAX Way, Guillermo Perez

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Payment Calculator

$4,068 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,514

Property Taxes

$554

HOA Dues

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Property Information for 15 Cleveland Road

Property Details
  • Taxes: $6,650 / year
  • MLS Type: Multi-family / 2 Family
  • County: Essex County
  • Town: Salem
  • Area: MA-Salem
  • Garage Spaces: 2
  • Open Parking Spaces: 10.00
  • Parking Spaces Total: 10
Building Information
  • Stories: 3
  • Residences: 2
  • Year Built: 1915
  • Lot Size: 0.17 AC / 7,410 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2672.0
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Second unit to be delivered vacant at closing. French drain with sump-pump installed in 2019.Offers due on Sunday June 6 at 5 PM,and sellers will make a decision on Monday June 7th at 2PM.
Tax Information
  • Tax ID: M:31 L:0149,2133891
  • Assessments: $481,900
  • Book: 37224
  • Tax Year: 2021
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $24,000.00
  • NOI: $24,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.0

Property History for 15 Cleveland Road

DateEvent & SourcePriceAppreciation
Jul 16, 2021

Sold

MLS PIN #72840889

$680,000
Jun 8, 2021

Contingent

MLS PIN #72840889

Jun 1, 2021

Listed (Active)

MLS PIN #72840889

$625,000
DateEvent & SourcePrice
07/16/2021

Sold

MLS PIN #72840889

$680,000
06/08/2021

Contingent

MLS PIN #72840889

06/01/2021

Listed (Active)

MLS PIN #72840889

$625,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Cleveland Road

Taxable ValueLand$225,800Additions$529,200Total$755,000
Tax Record2025$8,562 ($714 / month)
Home Facts
Baths2Total Finished SqFt2,915 SqFtAbove Grade Finished SqFt2,915 SqFtUnfinished Basement SqFt1,178 SqFtStories3Lot Size7,410 SqFtStyleDuplexYear Built1915Year Renovated1915ZoningR1CountyESSEXAPNSALE M:31 L:0149

Schools near 15 Cleveland Road

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory School
PublicPK to 5

Bates
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 15 Cleveland Road, Salem, MA 01970
$680,000
4
2,672
7,410
$665,000
3
2,318
7,170
$1
2
2,512
5,062
$379,900
3
1,501
5,677
$340,000
3
1,538
5,663
$237,400
2
1,152
5,350

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Way, Guillermo Perez

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.