249 Loring Ave Salem — Photo 1 of 21
Recent Drop: $49,999
$950,000
249 Loring Ave, Salem, MA 01970
Salem, MA 01970 — South Salem
Beds
6
Baths
6
SqFt
3,342
Style
2 Family - 2 Units Up/Down
Built
1930
Great investment or owner occupied opportunity! Two oversized two-level apartments in a highly desired area of Salem. Property located close to Swampscott Line and Salem State University. Each apartment includes three bedrooms, living room, dining room, office, kitchen, three full bathrooms, hallway. Second floor has a similar floor plan. Both with hardwood floors. Recent updates: house painted outside and inside, 2 new separate gas heating systems, 6 car parking plus 2 garages. All separate utilities.
Key facts
It was listed on June 26, 2026. The price has come down from an original $1,050,000 to $950,000 across 2 changes, most recently on August 17, 2026. The annual property taxes are $10,188 (2026 tax year). It sits on a 0.13-acre (5,606 sq ft) lot.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility
Geography
Property History
$950,000
Was $999,999
Aug 17, 2026
MLS® 73542504
$999,999
Was $1,050,000
Jul 21, 2026
MLS® 73542504
$1,050,000
Jun 26, 2026
MLS® 73542504
$369,900
May 25, 2011
MLS® 71206260
$369,900
Mar 28, 2011
MLS® 71206260
Questions about this home
When was 249 Loring Ave, Salem listed?
249 Loring Ave, Salem was listed on June 26, 2026.
Has the price of 249 Loring Ave, Salem changed?
The price has come down from an original $1,050,000 to $950,000 across 2 changes, most recently on August 17, 2026.
What are the property taxes for 249 Loring Ave, Salem?
The annual property taxes for 249 Loring Ave, Salem are $10,188 (2026 tax year).
How big is the lot at 249 Loring Ave, Salem?
249 Loring Ave, Salem sits on a 0.13-acre (5,606 sq ft) lot.
What is the status of 249 Loring Ave, Salem?
249 Loring Ave, Salem is actively listed for sale.
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Alexander Barmin
Listing Office: Averbuch Realty
MLS® Number: 73542504
