Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salems vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether youre looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
- MLS# 73360416
- Date Listed04/16/2025
- Bedrooms 8
- Bathrooms 4 Full baths
- Lot Size 0.09 acres (4,116 sq. ft)
- Sewer Public Sewer
- Property Type Triplex
- County Essex
- Year Built 1915
- Water Public
- Square Feet 4,486 sq. ft
- Price Per Sq. Ft $216.01
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.09
- Lot Size SQFT 4,116.00
- Lot Features -
Directions
Rope Street is a one way off of Canal Street access via Washington Street to Rope Street
Financial Considerations
- Tax Amount $10,327
- Terms Cash, Conventional, FHA, VA Loan
Schools near 01970
Explore the local neighborhood highlights and top-rated schools near 01970 in Salem, MA.
Nearby Schools
Source: School Digger
Public • PK - PK • Serves this home
1.73 mi
Distance
Public • 6 - 12 • Serves this home
0.44 mi
Distance
Public • 10 - 13 • Serves this home
0.44 mi
Distance
Public • PK - PK • Serves this home
1.73 mi
Distance
Public • PK - 5
1.75 mi
Distance
Public • PK - 3
2.47 mi
Distance
William A Welch Elementary School
Public • PK - 5
2.62 mi
Distance
Public • 1 - 3
2.65 mi
Distance
Public • PK - 3
2.88 mi
Distance
South Memorial Elementary School
Public • PK - 5
4.13 mi
Distance
Beverly Preschool At Mckeown School
Public • PK - PK
4.36 mi
Distance
Public • PK - 5
4.73 mi
Distance
Public • PK - 5
4.96 mi
Distance
Public • 6 - 12 • Serves this home
0.44 mi
Distance
Public • 6 - 8
1.3 mi
Distance
Public • 4 - 6
2.47 mi
Distance
Marblehead Veterans Middle School
Public • 7 - 8
3.06 mi
Distance
Public • 6 - 8
3.36 mi
Distance
Marblehead Community Charter Public School
Public • 4 - 8
3.37 mi
Distance
Public • 5 - 8
4.68 mi
Distance
Thurgood Marshall Middle School
Public • 6 - 8
5.34 mi
Distance
Public • 5 - 8
5.36 mi
Distance
Public • 6 - 8
5.51 mi
Distance
Public • 10 - 13 • Serves this home
0.44 mi
Distance
Public • 9 - 12
0.44 mi
Distance
Public • 8 - 12
1.14 mi
Distance
Public • 9 - 12
1.3 mi
Distance
Public • 9 - 12
3.23 mi
Distance
Public • 9 - 12
4.11 mi
Distance
Public • 9 - 12
4.48 mi
Distance
Public • 9 - 12
4.96 mi
Distance
Peabody Veterans Memorial High School
Public • 9 - 12
6.03 mi
Distance
Public • 9 - 12
6.86 mi
Distance
Private • 09 - 12
2.99 mi
Distance
Private • PK - UG
4.36 mi
Distance
Futures Behavior Therapy Center
Private • PK - 12
5.46 mi
Distance
Hopeful Journeys Educational Center
Private • UG - UG
5.46 mi
Distance
Private • 09 - 12
5.84 mi
Distance
Private • 06 - 12
6.29 mi
Distance
Private • 07 - 12
6.45 mi
Distance
Private • PK - 12
6.98 mi
Distance
Private • 06 - 12
7.55 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 4 Broadmere Way | Listing | 9 | 8 | Jul 18, 2026 | $5,900,000 | Mar 21, 2024 | $8,159,249 |
| 7 Lothrop St. | 2 | 2 | Jul 23, 2026 | $679,000 | Aug 30, 2026 | - |
| 4 Winter Island Rd | 3 | 2 | Aug 03, 2026 | $954,900 | Aug 30, 2026 | - |
| 69 Kenneth Road | 5 | 3 | Jul 11, 2026 | $1,399,000 | Aug 30, 2026 | - |
| 2 Sunset Rd | 3 | 2 | Jul 08, 2026 | $950,000 | Aug 30, 2026 | - |
| 2 Girdler Road | 3 | 1 | Jul 10, 2026 | $760,000 | Aug 30, 2026 | - |
| 15 Westport Ln | 5 | 4 | Jul 03, 2026 | $2,095,000 | Aug 30, 2026 | - |
| 16 Hemenway Road | 4 | 3 | Jul 01, 2026 | $1,400,000 | Aug 30, 2026 | - |
| 78 Garfield Street | 2 | 2 | Jul 01, 2026 | $799,000 | Aug 30, 2026 | - |
| 189 West Shore Dr | 3 | 2 | Jul 21, 2026 | $845,000 | Aug 30, 2026 | - |
Local Neighborhood Highlights for 01970
Discover key demographics, population statistics, and environmental insights for the Salem, MA area.
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 44,679 | 44,690 | 802,677 | 335,858,263 |
| Population Density | 5,419 | 5,385 | 1,630 | 95 |
| People per Household | 2.2 | 2.2 | 2.5 | 2.6 |
| Median Age | 40.3 | 40.3 | 42.7 | 39.1 |
| Median Income | $73,234 | $73,233 | $82,493 | $66,222 |
| Average Income | $40,835 | $40,837 | $44,373 | $35,475 |
| Cost of Living Index | 92 | 92 | 109 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 20.4°F | 20.4°F | 16.83°F | 22.6°F |
| July Avg. High Temp | 82.1°F | 82.1°F | 83.35°F | 86.2°F |
| Annual Precipitation | 45.51" | 45.51" | 45.79" | 38" |
98/100
Walker's Paradise
Walk Score ®
41/100
Some Transit
Transit Score ®
63/100
Bikable
Bike Score ®
Overview
Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.
Transit Summary
17 nearby routes: 14 bus, 1 rail, 2 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 47/100, Transit Score: 11/100, Bike Score: 35/100.
Property Change History
Points of Interest near 11 Ropes St, Salem, MA 01970
211 ft
Distance
370 ft
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370 ft
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370 ft
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422 ft
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422 ft
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422 ft
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422 ft
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422 ft
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475 ft
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370 ft
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475 ft
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475 ft
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528 ft
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264 ft
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370 ft
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475 ft
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370 ft
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106 ft
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475 ft
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475 ft
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528 ft
Distance
581 ft
Distance
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Frequently Asked Questions for 11 Ropes St
Source: Realty.com
11 Ropes St, Salem, MA 01970 in Salem, MA 01970 is a triplex listed at $969,000. Highlights include 8 bedrooms, 4 bathrooms, 4,486 sq. ft., built in 1915, 0.09 acre lot, $216 per sq. ft.. Realty.com has 12 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 12 photos of 11 Ropes St.
Our records indicate that 11 Ropes St was built in 1915.
The full address for this home is 11 Ropes St, Salem, MA 01970.
11 Ropes St has been listed on Realty.com since Wed April 16, 2025
Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 47/100, Transit Score: 11/100, Bike Score: 35/100.
There are 3 schools assigned to this home. Check out the schools near 11 Ropes St. Salem Early Childhood (Grades: PK - PK), Salem Academy Charter School (Grades: 6 - 12), Youthbuild - North Shore (Grades: 10 - 13)
Listing provided courtesy of:
Law Offices Of Bradford Eliot Keene, P.c.
(tel: 781-246-4545)
Listing agent:
Sonya Aoude
(tel: 978-767-3332)
(#CN250630)
This content last refreshed on 2026-08-30 12:20:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.