# 131 Derby St #1R, Salem, MA 01970 > **TL;DR:** 2bd/1ba condo, $449,900 ($553/sqft), built 1900, 813 sqft. > A/C. Est. $2,781/mo. Listed 14 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $449,900 | | Price/sqft | $553 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 813 | | Year Built | 1900 | | Lot Size | 10,088 sqft (0.23 acres) | | Stories | 1 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 14 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,275 | | Estimated Insurance | $131 | | HOA | $375 | | **Total** | **$2,781** | ## Key Amenities - A/C ## Property Highlights - Built in 1900 - 0.23 acre lot ## Description ### Agent Description Location, location, location! This beautiful two-bedroom condo puts you right in the heart of historic downtown Salem, just steps from the Harbor, the House of the Seven Gables, the Peabody Essex Museum, fabulous restaurants, coffee shops, ice cream and gelato shops and an inviting mix of unique boutiques, specialty shops and local businesses. Enjoy the best of both worlds, where Salem's rich history uniquely meets the energy and convenience of modern downtown living. Move-in ready and filled with charm, this inviting home features two bedrooms with ample closet space, a recently renovated full bath, and beautiful hardwood floors throughout. High ceilings add to the light and airy feel as well as the spacious, updated eat-in kitchen offering abundant cabinetry, granite countertops, stainless steel appliances, an island for additional prep space and a spot to enjoy a meal as well as an open flow into the living area. Additional amenities include a fire sprinkler system for added peace of mind, basement laundry and dedicated storage, plus the option for laundry hookups in the kitchen. Pets are welcome! T he reasonable condo fee includes heat, water, and sewer, and convenient on-street permit parking is available for owners. With a quick closing possible, you could be enjoying everything downtown Salem has to offer just in time for the Halloween festivities! ## Location - **Address:** 131 Derby St #1R, Salem, MA 01970 - **County:** Essex - **Coordinates:** 42.521901, -70.885051 - **Google Maps:** https://www.google.com/maps?q=42.521901,-70.885051 ## Listing Agent - **Name:** Elaine Hoff - **Brokerage:** RE/MAX ENCORE - **Phone:** (978) 988-0028 - **Broker Phone:** (978) 988-0028 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/131-Derby-St-Apt-1R_Salem_MA_01970_M42136-75846?f=listhub&s=MLSPIN&m=73579110&c=propsimple) ## Photos ![131 Derby St #1R - Photo 1](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f417081867r.jpg) ![131 Derby St #1R - Photo 2](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f4266917979r.jpg) ![131 Derby St #1R - Photo 3](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3426756506r.jpg) ![131 Derby St #1R - Photo 4](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f4164644828r.jpg) ![131 Derby St #1R - Photo 5](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2361415245r.jpg) ![131 Derby St #1R - Photo 6](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2882526237r.jpg) ![131 Derby St #1R - Photo 7](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2212620198r.jpg) ![131 Derby St #1R - Photo 8](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3144256369r.jpg) ![131 Derby St #1R - Photo 9](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f771398196r.jpg) ![131 Derby St #1R - Photo 10](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f410068320r.jpg) ![131 Derby St #1R - Photo 11](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2511347897r.jpg) ![131 Derby St #1R - Photo 12](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2107831853r.jpg) ![131 Derby St #1R - Photo 13](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2402588940r.jpg) ![131 Derby St #1R - Photo 14](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2372354138r.jpg) ![131 Derby St #1R - Photo 15](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f1839006412r.jpg) ![131 Derby St #1R - Photo 16](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3525678387r.jpg) ![131 Derby St #1R - Photo 17](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2909499181r.jpg) ![131 Derby St #1R - Photo 18](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f840057753r.jpg) ![131 Derby St #1R - Photo 19](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f4010312589r.jpg) ![131 Derby St #1R - Photo 20](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3419499298r.jpg) ![131 Derby St #1R - Photo 21](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f665433996r.jpg) ![131 Derby St #1R - Photo 22](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f975735388r.jpg) ![131 Derby St #1R - Photo 23](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2455555265r.jpg) ![131 Derby St #1R - Photo 24](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f1468925814r.jpg) ![131 Derby St #1R - Photo 25](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3839417514r.jpg) ![131 Derby St #1R - Photo 26](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f428158557r.jpg) ![131 Derby St #1R - Photo 27](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f604823224r.jpg) ![131 Derby St #1R - Photo 28](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3933072548r.jpg) ![131 Derby St #1R - Photo 29](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f291497977r.jpg) ![131 Derby St #1R - Photo 30](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2923040224r.jpg) ![131 Derby St #1R - Photo 31](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f1866127751r.jpg) ![131 Derby St #1R - Photo 32](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f1610997236r.jpg) ![131 Derby St #1R - Photo 33](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3232213140r.jpg) ![131 Derby St #1R - Photo 34](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f2988264657r.jpg) ![131 Derby St #1R - Photo 35](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3857897042r.jpg) ![131 Derby St #1R - Photo 36](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3271340210r.jpg) ![131 Derby St #1R - Photo 37](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3073962634r.jpg) ![131 Derby St #1R - Photo 38](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3090493787r.jpg) ![131 Derby St #1R - Photo 39](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3772544470r.jpg) ![131 Derby St #1R - Photo 40](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f1125023348r.jpg) ![131 Derby St #1R - Photo 41](http://lh.rdcpix.com/aa0b528b4f8409ea45f96f80faf018c2l-f3809652247r.jpg) --- **MLS#:** 73579110 | **Updated:** 2026-09-30 **Source:** listhub *Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/131-derby-st-salem-ma-01970-73579110) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/131-derby-st-salem-ma-01970-73579110#listing", "url": "https://www.propertysimple.ai/listing/131-derby-st-salem-ma-01970-73579110", "name": "131 Derby St #1R, Salem, MA 01970", "description": "Location, location, location! This beautiful two-bedroom condo puts you right in the heart of historic downtown Salem, just steps from the Harbor, the House of the Seven Gables, the Peabody Essex Museum, fabulous restaurants, coffee shops, ice cream and gelato shops and an inviting mix of unique boutiques, specialty shops and local businesses. 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