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51 Lafayette St 207Salem, MA 01970

For Sale

$579,000

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Luxurious Urban Sanctuary in the Heart of Salem! Experience sophisticated city living in this stunning 2-bedroom, 2-bathroom residence situated in a premier, elevator-equipped building. This unit boasts a spacious, modern open-concept layout accented by high-end finishes and premium materials throughout. Residents enjoy a unique, sun-drenched lifestyle featuring a dramatic skylit atrium and a secure-entry building for ultimate peace of mind. Located at the epicenter of Salem’s vibrant culture, you are minutes away from the Peabody Essex Museum (PEM), the historic waterfront, renowned fine dining, boutique shopping, and local arts venues. Whether you’re looking for a chic primary residence or a coastal retreat, this property offers an unparalleled lifestyle in one of New England’s most historic and walkable cities.

Listed by Joyce Sullivan

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Serhant

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978-852-5388

Last updated April 28, 2026

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Source: MLSPin #73508113

Listing Facts

  • TypeCondo
  • NeighborhoodDowntown Salem
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu3
  • HOA/Maint. Fees$502/month
  • Taxes$5,630/year
  • Size1,527 sqft
  • Price per sqft$379

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking

Location

Mortgage Calculator

Listing History

04/27/2026
Listed by Serhant
$579,000

Property Details for 51 Lafayette St 207

Association

Amenities

  • Association Amenities: Elevator(s)
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Public School, T-Station, University
  • Pets Allowed: Yes

Fees

  • Association Fee: $502.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Exterior

Construction

  • Number Of Units Total: 54
  • Property Attached: Yes
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Mid-Rise
  • Year Built: 2003
  • Year Built Details: Approximate
  • Building Name: Derby Loft Condominiums
  • Construction Materials: Brick
  • Entry Level: 2
  • Exterior Features: City View(s)

Features

  • View: City
  • Waterfront Features: Ocean

Measurements

  • Building Area Total: 1,527
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.48
  • Lot Size Area: 0
  • Lot Size Square Feet: 20,752
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:34 L:0485 S:807,4533462
  • Tax Annual Amount: $5,630.00
  • Tax Assessed Value: $525,700.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Features: Closet, Open Floorplan, Entrance Foyer, Elevator

Measurements

  • Living Area: 1,527
  • Living Area Source: Public Record

Rooms

  • Basement: N
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Main Level Bedrooms: 2
  • Rooms Total: 4

Other

Features

  • Accessibility Features: No

General

  • Exclusions: Living Room Chandelier

Location

  • Tax Block: 0485
  • Tax Lot: 207

Parking

Parking

  • Parking Features: Leased

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Laundry Features: First Floor, In Unit, Gas Dryer Hookup
  • Other Equipment: Intercom
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Oven, For Gas Dryer
  • 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 51 Lafayette St 207.

Are pets allowed at 51 Lafayette St?

Yes, 51 Lafayette St allows pets.

What are the annual taxes for 51 Lafayette St 207?

Annual taxes for this condo are estimated at $5,630.

How does 51 Lafayette St 207 compare to other condos in Downtown Salem?

This condo is listed 16% above the average price for condos in Downtown Salem and has been on the market for 48 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 Derby Loft Condominiums building.

What is the square footage on this condo?

According to the MLS, this listing is 1,527 sqft.

51 Lafayette St 207 is a 2-bedroom, 2-bath condo for sale in Salem MA 01970. On Prevu for 3 days at $579,000. This property features 1,527 square feet of living space, located in Salem. The median listing price for condos in this area is $699,000. The home offers dishwasher, pets allowed, elevator, air conditioning, parking, and washer/dryer. View other 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.