LKV Realty
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$529,000
$2,900Reward *
125 Derby Street D, Salem, MA 01970Listing ID 73514238

125 Derby Street D, Salem, MA 01970

Active
Downtown
Time on site: 103 daysLast updated: 4 hours ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,416
Days on Site
Days on Site
103
Cooling
Cooling
Window Unit(s)
Heating
Heating
Oil, Fireplace(s)
Year Built
Year Built
1768
Stories
Stories
2
Parking
Parking
On Street

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.

Property Information

Property Details

Location

Address
125 Derby Street
County
Essex
City
Salem
Zip Code
01970
Subdivision
Downtown
High School
Salem
Elementary School
Bentley
MLS Area
Downtown

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
2

Building

Building Information

Square Feet
1,416
Year Built
1768
Stories
2
Construction
Stone
Roof
Shingle, Rubber

Property Taxes

Tax Annual Amount
$5,855
Tax Year
2025

Homeowner Association

HOA Fee
$350
HOA Fee Frequency
Monthly
Herrick Lutts Realty Partners, (978) 927-1959

Market Report for 01970

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 11:51 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

CT008034