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$1,399,999
8 Days On Site

13-15 Ocean Ter
Salem, MA 01970

For Sale|Quadruplex|Pending
7
Beds
5
Total Baths
5
Full Baths
3,647
SqFt
$384
/SqFt
1900
Built
County:
Essex

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13-15 Ocean Ter13-15 Ocean Ter13-15 Ocean Ter13-15 Ocean Ter
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Wake up to the sound of the ocean and watch the sunrise from your window—this is everyday life at this rare 4-family home in Salem’s beloved Forest River Park neighborhood. With ocean views from nearly every room, this property offers the perfect blend of lifestyle and income. The flexible layout features three bright and efficient 1-bedroom, 1-bath units, plus a sun-filled 3–4 bedroom, 2-bath townhouse-style unit—ideal for owner-occupancy or maximizing rental potential. Enjoy two updated kitchens, several refreshed baths, beautiful hardwood floors, and a roof replaced less than 3 years ago. With five off-street parking spots and a shared yard, outdoor living is just as appealing as the view. Enjoy mornings at Forest River Park, spend weekends on nearby beaches, and explore downtown Salem’s shops, restaurants, and culture—all just minutes from your door. Whether you’re building a portfolio or dreaming of coastal living with bonus income, this one-of-a-kind property delivers.

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Listing Snapshot
Price 
$1,399,999
Days On Site 
8 Days
Bedrooms 
7
Inside Area (SqFt) 
3,647 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1900
MLS® Number 
73402986
Status 
Pending
Property Tax 
$12,615
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoStatus changed to Pending
a week agoListing first seen on site
General Features
Acres 
0.13
Disclosures 
Seller is licensed agent in M A. This sale is contingent upon successful simultaneous purchase of 135 and 135 Derby St in Salem which is currently under agreement and part of a 1031 exchange. Buyer to cooperate with sellers 1031 exchange.
Foundation 
StoneBrick/Mortar
Number Of Stories 
5
Parking 
PavedOff StreetAssigned
Parking Spaces 
5
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Above 
3647
SqFt Total 
3647
Water Source 
Public
Zoning 
R1
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Fireplace 
Yes
Fireplaces 
2
Flooring 
WoodTileVinyl
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Exterior Features
Patio And Porch 
Porch
Waterfront Features 
Ocean Front
Listing courtesy of Shannon McInnis of Keller Williams Realty Evolution



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-07-19 06:31 PM UTC

Neighborhood & Commute
Source: Walkscore
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