$549,500
Active125 Derby Street #D
Salem, MA, 01970
Condo · MLS #73514238
Price/sqft
$388
Days on market
46 days
2
Beds
2 full
Baths
1,416 sq ft
Sq Ft
Taxes: $5,855 (2025)
About this home
Step back in time without sacrificing modern convenience. Built in 1768 for Captain Edward Allen, this exceptional 6-room, 2-bedroom townhome is nestled in the heart of Salem's Historic District, just steps from The House of the Seven Gables, Pickering Wharf, and the historic Ye Olde Pepper Companie. Rich with period character, the home showcases beautifully refinished original King pine hardwood floors, multiple original fireplaces, and timeless architectural details throughout. The elegant dining room features a stunning hand-painted mural depicting Pickering Wharf as it appeared during the home's early years, creating a one-of-a-kind setting for entertaining. Thoughtfully updated for today's lifestyle, the home also offers a renovated kitchen, in-unit washer and dryer, and the perfect blend of historic charm and modern comfort. Rarely does an opportunity arise to own a piece of Salem's rich history in one of its most sought-after locations.
Price history
Listed
May 21, 2026 · 1 mo ago
$579,000
Price reduced
May 29, 2026 · 1 mo ago
$559,000
Price upon request (-3.5%)
Price reduced
Jun 17, 2026 · 19 days ago
$549,000
Price upon request (-1.8%)
Price increased
Jun 26, 2026 · 10 days ago
$549,500
+Price upon request (+0.1%)
Location
125 Derby Street, #D, Salem, MA, 01970
Property details
- Sewer
- Private
- Style
- Garrison
- Water
- City/Town Water
- Cooling
- Window AC
- Heating
- Electric Baseboard
- Flooring
- Wall to Wall Carpet, Hardwood
- Appliances
- Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Construction
- Stone/Concrete
- Parking
- Attached
- Interior
- Cable Available
Listed by Patrick Sargent · Herrick Lutts Realty Partners
Schedule a showing
125 Derby Street
Estimated payment
$3,475 / month
Loan term
- Principal & interest
- $2,758
- Property tax
- $488
- Home insurance
- $229
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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