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  • Listed by: RE/MAX Innovative Properties • Audrey Townsend • 603-216-9270
    Bought with: EXP Realty
    $770,000

    225 Shannon Road, Salem, NH 03079

    6beds
    2,735sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $770,200 Zestimate®
    $282/sqft
    $2,808 Estimated rent

    Home value

    $770,200

    $732,000 - $809,000

    $2,808/mo

    Zestimate® history
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    What's special

    Turnkey Salem multifamily offering flexibility, income potential, and extensive updates! Ideal for owner-occupants looking to offset their mortgage, extended-family living, or investors seeking a well-maintained addition to their portfolio. The spacious four-bedroom owner’s unit blends character with modern updates. The remodeled kitchen features new appliances, granite countertops, a custom wine bar with quartz countertop, and LVP flooring. The renovated bathroom offers a new double vanity, bathtub with updated tile surround, flooring, and stylish shiplap accents. Hardwood floors, additional shiplap, vaulted ceilings, and a charming four-season porch add warmth and character. A partially finished basement provides flexible space for recreation, storage, or other needs. The two-bedroom rental unit features a bright open-concept kitchen, dining, and living area, separate laundry, and two generously sized bedrooms. The updated kitchen includes new cabinetry, sink, appliances, granite countertops, and LVP flooring, while the renovated bathroom offers a new vanity, sink, storage cabinetry, and flooring. Additional improvements include a new electric water heater, mini-splits, front steps, and spray foam insulation. Outside, enjoy a generous lot with a large fenced backyard and dedicated outdoor space for each unit. New siding, composite decking and stairs, plus multiple energy-efficiency and insulation upgrades, add to the property's appeal. Move-in ready and thoughtfully improved, this versatile Salem multifamily offers an excellent opportunity for both investors and owner-occupants. Schedule your private showing today or attend the open house on Saturday, September 26th from 12 - 2.

    Zillow last checked:

    Listing updated:

    Listed by:

    Audrey Townsend,

    RE/MAX Innovative Properties atownsend@innovativesells.com

    Bought with:

    Ann Bennett

    EXP Realty

    Source: PrimeMLS,MLS#: 5110693MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Oil, Baseboard, Hot Water, Individual, Mini Split
    Cooling
    • Mini Split
    Appliances
    • Included: Electric Water Heater, Separate Water Heater
    Features
    • Flooring: Carpet, Hardwood, Tile, Vinyl Plank
    • Basement: Bulkhead,Concrete,Partially Finished,Storage Space,Sump Pump,Interior Access,Exterior Entry,Walk-Up Access
    Interior area
    • Total structure area: 3,429
    • Total interior livable area: 2,735 sqft
    • Finished area above ground: 2,285
    • Finished area below ground: 450

    Property

    Parking
    • Parking features: Paved, Driveway, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Covered Porch, Heated Porch
    • Exterior features: Garden, Shed, Storage
    • Fencing: Full
    Lot
    • Size: 1.12 Acres
    • Features: Near Shopping
    Details
    • Parcel number: SLEMM24B6306L
    • Zoning description: RUR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Fiberglss Batt Insulation, Foam Insulation, Vinyl Siding, Spray Foam Insulation
    • Foundation: Concrete
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Multi Phone Lines

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $282/sqft
    • Tax assessed value: $471,600
    • Annual tax amount: $8,564
    • Date on market: 9/20/2026
    • Listing terms: Assumable

    Price history

    DateEventPrice
    10/13/2026Sold$770,000+0%$282/sqft
    Source: PrimeMLS #5110693 Report a problem
    9/20/2026Listed for sale$769,900+71.1%$281/sqft
    Source: PrimeMLS #5110704 Report a problem
    12/22/2021Sold$450,000+4.7%$165/sqft
    Source: PrimeMLS #4890613 Report a problem
    11/14/2021Listed for sale$429,900-4.5%$157/sqft
    Source: PrimeMLS #4890613 Report a problem
    12/22/2001Sold$450,000$165/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,300 +3.8%$471,600
    2023$7,998 +5.7%$471,600
    2022$7,569 +14.8%$471,600 +57.5%
    2020$6,595 +0.2%$299,500
    2019$6,583 +1.7%$299,500
    2018$6,472 +3.7%$299,500
    2017$6,242 +2%$299,500
    2016$6,119 +12.8%$299,500 +18.1%
    2015$5,425 +2.9%$253,600
    2014$5,272 +1.6%$253,600
    2013$5,189 -0.6%$253,600
    2012$5,219 +9%$253,600 -21.4%
    2010$4,787 +12%$322,600 +0.9%
    2007$4,274 $319,700
    Find assessor info on the county website

    Neighborhood: 03079

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Salem School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $770,200

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $770,200