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16-18 Phelps Street 161Salem, MA 01970

For Sale

$499,000

Smart Buyer Rebate - Ask

Tucked on the edge of the highly desirable McIntire Historic District, one of Salem’s most picturesque neighborhoods, this beautifully renovated condominium is set on a peaceful dead-end street. Completely updated in 2021, the thoughtfully designed interior features an updated kitchen, two bedrooms, two full baths, including a private primary bath and in-unit laundry. Contemporary finishes in both the kitchen and baths complement the home’s character, while updated systems and central air conditioning provide comfort and efficiency. An open layout creates an inviting atmosphere ideal for both everyday living and entertaining. Additional highlights include two deeded parking spaces, access to a shared backyard and newly installed stone patio—perfect for enjoying outdoor gatherings. The basement area provides additional private storage. Ideally located just moments from downtown Salem’s renowned restaurants, shops, museums, and waterfront, this pet-friendly condo is move-in ready.

Listed by Kathy Culkin

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Coldwell Banker Realty - Marblehead

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617-312-4833

Last updated April 21, 2026

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Source: MLSPin #73486755

Listing Facts

  • TypeCondo
  • NeighborhoodSouth Salem
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu44
  • HOA/Maint. Fees$240/month
  • Taxes$5,327.5/year
  • Size860 sqft
  • Price per sqft$580

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

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Listing History

04/16/2026
Price Decreased
$499,000
03/17/2026
Listed by Coldwell Banker Realty - Marblehead
$509,000

Property Details for 16-18 Phelps Street 161

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Public School, University
  • Pets Allowed: Yes

Fees

  • Association Fee: $240.00 Monthly
  • Association Fee Includes: Water, Insurance

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Other
  • Stories: 1
  • Stories Total: 1
  • Structure Type: 2/3 Family
  • Year Built: 1920
  • Year Built Details: Renovated Since
  • Building Name: 16-18 Phelps Condominium
  • Construction Materials: Frame
  • Entry Level: 1
  • Entry Location: Unit Placement(Garden)
  • Exterior Features: Porch, Fenced Yard, Garden

Features

  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Waterfront Features: Ocean, 1 To 2 Mile To Beach

Measurements

  • Building Area Total: 860
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.20
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,712
  • Lot Size Units: Acres

Financial

Taxes

  • Tax Annual Amount: $5,327.50
  • Tax Assessed Value: $490,300.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring: Tile, Hardwood

Measurements

  • Living Area: 860
  • Living Area Source: Master Deed

Rooms

  • Basement: Y
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 4

Parking

Parking

  • Open Parking Spaces: 2
  • Parking Features: Tandem
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Laundry Features: First Floor, 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 2 bathrooms in this condo at 16-18 Phelps Street 161.

Does this condo have parking?

Yes, there are 2 parking spaces available for 16-18 Phelps Street 161.

Are pets allowed at 16-18 Phelps Street?

Yes, 16-18 Phelps Street allows pets.

What are the annual taxes for 16-18 Phelps Street 161?

Annual taxes for this condo are estimated at $5,327.

How does 16-18 Phelps Street 161 compare to other condos in South Salem?

This condo is listed 8% above the average price for condos in South Salem and has been on the market for 25 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the 16-18 Phelps Condominium building.

What is the square footage on this condo?

According to the MLS, this listing is 860 sqft.

16-18 Phelps Street 161 is a 2-bedroom, 2-bath condo for sale in Salem MA 01970. Available on Prevu for 44 days at $499,000. This includes a recent price decrease of $10,000. This residence features 860 square feet of living space, located in South Salem. The median listing price for condos in this area is $594,950. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, and washer/dryer. Browse more condo listings in Salem.

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.