Why Pay Rent? Start building equity in this appealing two-bedroom condo located in a well-established neighborhood just minutes from all that Salem has to offer, including restaurants, shopping, the waterfront, and commuter rail service. Inside, you'll find a spacious eat-in kitchen, comfortable living room, and two generously sized bedrooms, all featuring hardwood floors and high ceilings that add warmth and character. The bathroom offers a durable, easy-care ceramic tile floor, and the convenience of an in-unit washer and dryer makes everyday living a breeze. Additional highlights include dedicated basement storage and a location that combines neighborhood charm with easy access to local amenities. Don't miss this opportunity to stop renting and start owning. Make homeownership a reality today!
Listed by Tina McManus
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J. Barrett & Company
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978-473-2154
Last updated June 08, 2026
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Source: MLSPin #73530195
Listing Facts
TypeCondo
NeighborhoodNorth Salem
Bedrooms2
Bathrooms1
Days on Prevu11
HOA/Maint. Fees$300/month
Taxes$4,330/year
Size815 sqft
Price per sqft$490
Amenities
Dishwasher
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
06/04/2026
Listed by J. Barrett & Company
$399,000
Property Details for 12 1/2 Dearborn Street 2
Association
Amenities
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House Of Worship, Marina, Private School, Public School, T-Station, University
Pets Allowed: Yes w/ Restrictions
Fees
Association Fee: $300.00 Monthly
Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Exterior
Construction
Number Of Units Total: 6
Roof: Shingle
Stories: 1
Stories Total: 1
Structure Type: Garden
Year Built: 1890
Year Built Details: Approximate
Building Name: The Residences At 12-12 1/2 Dearborn St
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Sewer: Public Sewer
Utilities: For Gas Range, For Electric Dryer, Washer Hookup
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There are 2 bedrooms and 1 bathroom in this condo at 12 1/2 Dearborn Street 2.
Are pets allowed at 12 1/2 Dearborn Street?
Yes, 12 1/2 Dearborn Street allows pets. Check the Property Details for any relevant restrictions.
What are the annual taxes for 12 1/2 Dearborn Street 2?
Annual taxes for this condo are estimated at $4,330.
How does 12 1/2 Dearborn Street 2 compare to other condos in North Salem?
This condo is listed 51% below the average price for condos in North Salem and has been on the market for 16 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the The Residences At 12-12 1/2 Dearborn St building.
What is the square footage on this condo?
According to the MLS, this listing is 815 sqft.
12 1/2 Dearborn Street 2 is a 2-bedroom, 1-bath condo for sale in Salem MA 01970. Available on Prevu for 11 days at $399,000. This property features 815 square feet of living space, located in North Salem. The median listing price for condos in this area is $862,450. Additional amenities include dishwasher, pets allowed, and parking. Explore more condo listings in Salem.
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