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$549,500

Active

125 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

  1. Listed

    May 21, 2026 · 1 mo ago

    $579,000

  2. Price reduced

    May 29, 2026 · 1 mo ago

    $559,000

    Price upon request (-3.5%)

  3. Price reduced

    Jun 17, 2026 · 19 days ago

    $549,000

    Price upon request (-1.8%)

  4. 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,475 / month

Down payment20% · $109,900
Interest rate6.43%

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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