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  3. Medford, MA
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  5. 500 Salem
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500 Salem

500 Salem, Medford, MA, 02155

YEAR BUILT

1988

# STORIES

8

# TOTAL UNITS

21

UNIT SIZE RANGE

1,086-1,321 sqft

Description

500 Salem is located in Medford, MA, near the intersection of Broadway and School Street. This high-rise building features eight stories and contains 21 condominium units. The construction was completed in 1988. The overall design offers an appealing option for city living with its convenient layout. Units within the building range from 1,086 to 1,321 square feet. Options include 2 and 3-bedroom layouts. The prices for these units range from $451,500 to $595,000. The average closed price recently has been around $595,000, with the average price per square foot at $451. Properties in this building stay on the market for about 75 days. Amenities enrich daily life in this community. Hot water is provided, while elevators make accessing the upper floors hassle-free. Residents benefit from easy access to public transportation, parks, and conservation areas. Nearby options for relaxation or leisure include bike paths and a house of worship. Shopping and dining options are nearby. Lucky Star Chinese Restaurant and Alfredo provide popular dining choices. Public education is available at Class Size of One, which ensures a variety of options within the neighborhood. The building is close to major roadways like Route 93 and 128, easing commutes to surrounding areas. In-unit features enhance comfortable living. Each unit has an open-concept layout that encourages spacious living. Deeded parking offers residents convenience, while in-unit washers and dryers add to practicality. Potential features include large balconies that can provide scenic views, especially of the Boston skyline. Access to outdoor activities completes the appeal of living at 500 Salem.

Building ImageMLS ID #73341923
Building ImageMLS ID #73341923
Building Image
Building ImageView Listing

500 Salem

500 Salem, Medford, MA, 02155

YEAR BUILT

1988

# STORIES

8

# TOTAL UNITS

21

UNIT SIZE RANGE

1,086-1,321 sqft

Description

500 Salem is located in Medford, MA, near the intersection of Broadway and School Street. This high-rise building features eight stories and contains 21 condominium units. The construction was completed in 1988. The overall design offers an appealing option for city living with its convenient layout. Units within the building range from 1,086 to 1,321 square feet. Options include 2 and 3-bedroom layouts. The prices for these units range from $451,500 to $595,000. The average closed price recently has been around $595,000, with the average price per square foot at $451. Properties in this building stay on the market for about 75 days. Amenities enrich daily life in this community. Hot water is provided, while elevators make accessing the upper floors hassle-free. Residents benefit from easy access to public transportation, parks, and conservation areas. Nearby options for relaxation or leisure include bike paths and a house of worship. Shopping and dining options are nearby. Lucky Star Chinese Restaurant and Alfredo provide popular dining choices. Public education is available at Class Size of One, which ensures a variety of options within the neighborhood. The building is close to major roadways like Route 93 and 128, easing commutes to surrounding areas. In-unit features enhance comfortable living. Each unit has an open-concept layout that encourages spacious living. Deeded parking offers residents convenience, while in-unit washers and dryers add to practicality. Potential features include large balconies that can provide scenic views, especially of the Boston skyline. Access to outdoor activities completes the appeal of living at 500 Salem.

Next

Description

500 Salem is located in Medford, MA, near the intersection of Broadway and School Street. This high-rise building features eight stories and contains 21 condominium units. The construction was completed in 1988. The overall design offers an appealing option for city living with its convenient layout. Units within the building range from 1,086 to 1,321 square feet. Options include 2 and 3-bedroom layouts. The prices for these units range from $451,500 to $595,000. The average closed price recently has been around $595,000, with the average price per square foot at $451. Properties in this building stay on the market for about 75 days. Amenities enrich daily life in this community. Hot water is provided, while elevators make accessing the upper floors hassle-free. Residents benefit from easy access to public transportation, parks, and conservation areas. Nearby options for relaxation or leisure include bike paths and a house of worship. Shopping and dining options are nearby. Lucky Star Chinese Restaurant and Alfredo provide popular dining choices. Public education is available at Class Size of One, which ensures a variety of options within the neighborhood. The building is close to major roadways like Route 93 and 128, easing commutes to surrounding areas. In-unit features enhance comfortable living. Each unit has an open-concept layout that encourages spacious living. Deeded parking offers residents convenience, while in-unit washers and dryers add to practicality. Potential features include large balconies that can provide scenic views, especially of the Boston skyline. Access to outdoor activities completes the appeal of living at 500 Salem.

500 Salem Market Stats Last 12 months

Avg. Listed Price$570,000($432/Sqft.)

Avg. Sale Price$595,000($451/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market75 days

Average HOA fees per sqft-
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Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market75 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

500 Salem Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 808808132132742025-05-19
MLS#: 73341923
Closed$595,000
Unit 2042041258321192023-04-26
MLS#: 73066772
Closed$451,500
Unit 803803109422472017-11-08
MLS#: 72232663
Closed$392,000
Unit 204
204

3 Beds

2 Baths

1258 sqft


DateStatusPrice
2023-04-26Closed$451,500
MLS#: 73066772
Days On Market119
Unit 803
803

2 Beds

2 Baths

1094 sqft


DateStatusPrice
2017-11-08Closed$392,000
MLS#: 72232663
Days On Market47
Unit 808
808

3 Beds

2 Baths

1321 sqft


DateStatusPrice
2025-05-19Closed$595,000
MLS#: 73341923
Days On Market74
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Life at 500 Salem comes with a host of delightful amenities that make everyday living easier and more enjoyable. Imagine getting into your home with the ease of an elevator or taking a leisurely bike ride along nearby paths. The building embraces a lifestyle that’s not only convenient—with hot water included—but also encourages an active connection to the outdoors, thanks to access to parks and conservation areas. Plus, with public transportation and highways close by, you can effortlessly explore everything Medford has to offer.

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Amenities Description

Life at 500 Salem comes with a host of delightful amenities that make everyday living easier and more enjoyable. Imagine getting into your home with the ease of an elevator or taking a leisurely bike ride along nearby paths. The building embraces a lifestyle that’s not only convenient—with hot water included—but also encourages an active connection to the outdoors, thanks to access to parks and conservation areas. Plus, with public transportation and highways close by, you can effortlessly explore everything Medford has to offer.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Storage

Storage

Balcony

Balcony

Policies

For those pondering the logistics of moving in, what’s nice is that there are no specific restrictions which can often complicate life in condo communities. This means more freedom for homeowners and renters alike, allowing for a smoother transition into your new life at 500 Salem.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
500 Salem$451/sqft.-
Fellsway West Condominiums$473/sqft.$4 /sqft.
500 Salem St$473/sqft.$4 /sqft.
35 Lambert St$540/sqft.$6 /sqft.
232 Fellsway W$499/sqft.$6 /sqft.
15 Walker Street Condominiums$424/sqft.$5 /sqft.

Nearby Schools

500 Salem is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Beebe

C+
Public|Grades KG–8
401 Pleasant St|0.54 miles away

Roberts Elementary School

C-
Public|Grades PK–5
35 Court St|0.54 miles away

Andrews Middle School

B
Public|Grades 6–8
3000 Mystic Valley...|0.98 miles away

McGlynn Elementary School

C-
Public|Grades PK–5
3002 Mystic Valley...|1.12 miles away

Cheverus Catholic School

--
Private|Grades PK–8
30 Irving St|1.14 miles away

McGlynn Middle School

C-
Public|Grades 6–8
3004 Mystic Valley...|1.16 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

500 Salem is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

Beebe

C+
Public|Grades KG–8
401 Pleasant St|Less than 1 Mile Away

Roberts Elementary School

C-
Public|Grades PK–5
35 Court St|Less than 1 Mile Away

Andrews Middle School

B
Public|Grades 6–8
3000 Mystic Valley...|Less than 1 Mile Away

McGlynn Elementary School

C-
Public|Grades PK–5
3002 Mystic Valley...|1.12 Miles Away

Cheverus Catholic School

--
Private|Grades PK–8
30 Irving St|1.14 Miles Away

McGlynn Middle School

C-
Public|Grades 6–8
3004 Mystic Valley...|1.16 Miles Away

Madeline English School

C-
Public|Grades KG–8
105 Woodville St|1.29 Miles Away

Malden High School

C
Public|Grades 9–12
77 Salem St|1.29 Miles Away

Malden Early Learning Center

--
Public|Grades PK–PK
257 Mountain Ave|1.42 Miles Away

Ferryway

C+
Public|Grades KG–8
150 Cross St|1.54 Miles Away

Columbus Elementary School

D
Public|Grades PK–5
37 Hicks Ave|1.70 Miles Away

Curtis-Tufts

--
Public|Grades 11–12
437 Main St|1.75 Miles Away

Medford High School

C
Public|Grades 9–12
489 Winthrop St|1.88 Miles Away

Arthur D Healey

C-
Public|Grades PK–8
5 Meacham St|1.88 Miles Away

Adams School

--
Public|Grades PK–PK
78 Tileston St|1.94 Miles Away

Lafayette School

D+
Public|Grades KG–8
117 Edith St|1.97 Miles Away

Brooks Elementary School

B-
Public|Grades PK–5
388 High St|1.99 Miles Away

Transit

500 Salem offers strong public transit access in North Medford, Medford, with multiple transportation options located within a 2-mile radius. Nearby Bus allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

116 Riverside Ave

0.96 miles away|19 min walk

1250 Fellsway

0.2 miles away|4 min walk

14 Summer St

0.81 miles away|16 min walk

160 Main St

1.31 miles away|26 min walk

163 Riverside Ave

0.91 miles away|18 min walk

202 Main St

1.81 miles away|35 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

500 Salem offers strong public transit access in North Medford, Medford, with multiple transportation options located within a 2-mile radius. Nearby Bus allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

116 Riverside Ave

0.96 miles away|19 min walk

1250 Fellsway

0.2 miles away|4 min walk

14 Summer St

0.81 miles away|16 min walk

160 Main St

1.31 miles away|26 min walk

163 Riverside Ave

0.91 miles away|18 min walk

202 Main St

1.81 miles away|35 min walk

210 Lyme St

1.79 miles away|35 min walk

238 High St opp Essex St

1.58 miles away|31 min walk

23 Bowdoin St

1.98 miles away|38 min walk

300 Winthrop St

1.49 miles away|29 min walk

305 Winthrop St

1.48 miles away|29 min walk

310 Main St

1.1 miles away|22 min walk

326 Mystic Ave

1.51 miles away|29 min walk

349 Washington St

1.39 miles away|27 min walk

350 Riverside Ave

0.92 miles away|18 min walk

377 Washington St

1.41 miles away|28 min walk

37 Riverside Ave @ Medford Sq

1.08 miles away|21 min walk

390 Salem St

0.29 miles away|6 min walk

3 Woodland Rd

1.88 miles away|37 min walk

400 Riverside Ave opp Linden St

0.92 miles away|18 min walk

41 Highland Ave opp Devir St

0.77 miles away|15 min walk

420 Eastern Ave

1.65 miles away|32 min walk

435 Eastern Ave

1.65 miles away|32 min walk

468 Salem St opp Dell St

1.97 miles away|38 min walk

475 Winthrop St @ Temple Shalom

1.83 miles away|36 min walk

55 George St opp Wedgemere Rd

1.51 miles away|29 min walk

617 Highland Ave

0.7 miles away|14 min walk

61 Locust St

1.16 miles away|23 min walk

62 Belmont St opp Kinsman St

1.55 miles away|30 min walk

Belmont St @ Kinsman St

1.54 miles away|30 min walk

Belmont St @ Main St

1.43 miles away|28 min walk

Boston Ave @ Hillsdale Rd

1.94 miles away|38 min walk

Boston Ave @ North St

1.99 miles away|39 min walk

Boston Ave @ Piggott Rd

1.93 miles away|37 min walk

Boston Ave @ Tufts Garage

1.81 miles away|35 min walk

Boston Ave @ Winthrop St

1.87 miles away|36 min walk

Bowdoin St @ Willow St

1.95 miles away|38 min walk

Bryant St @ Harvard St

1.88 miles away|37 min walk

Bryant St @ Willow St

1.78 miles away|35 min walk

Centre St @ Ferry St

1.19 miles away|23 min walk

Centre St @ Jackson St

0.98 miles away|19 min walk

Centre St @ Main St

1.14 miles away|22 min walk

Centre St @ Pleasant St

0.64 miles away|13 min walk

Centre St @ Stop & Shop

0.98 miles away|19 min walk

City Hall Mall @ Salem St - Medford City Hall

0.97 miles away|19 min walk

Clifton St @ Cedar St

0.81 miles away|16 min walk

Clifton St @ Dexter St

0.69 miles away|14 min walk

Clifton St @ Highland Ave

0.62 miles away|12 min walk

Clifton St @ Kernwood St

0.79 miles away|16 min walk

Clippership Dr @ Riverside Towers

1.02 miles away|20 min walk

The Neighbourhood: North Medford

North Medford is a close-in neighborhood near Boston. The area features green spaces, riverfront trails, and small parks for outdoor recreation. This district has a range of shops, cafes, and services along busy commercial streets. The area includes local schools and basic health clinics that serve families and support daily life. Community centers host events and neighborhood markets that bring people together. Bus routes run through the area and connect to regional transit and major roads for commuting. Drivers can reach downtown Boston and nearby towns in a short drive.

Next

Neighbourhood Description

North Medford is a close-in neighborhood near Boston. The area features green spaces, riverfront trails, and small parks for outdoor recreation. This district has a range of shops, cafes, and services along busy commercial streets. The area includes local schools and basic health clinics that serve families and support daily life. Community centers host events and neighborhood markets that bring people together. Bus routes run through the area and connect to regional transit and major roads for commuting. Drivers can reach downtown Boston and nearby towns in a short drive.

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500 Salem Demographics

Age Demographics

0–14 Years

13.02%

15–29 Years

23.91%

30–44 Years

22.6%

45–59 Years

20.76%

60+ Years

19.71%

Commute

22.86%

Transit

2.05%

Walk

59.2%

Drive

0.79%

Bike

Housing Ownership

51.48%

Owner Occupied

48.52%

Rental Units

Household Types

Single Family
35.29%
Multi Family
6.39%
Single Person
27.43%
Multi Person
72.57%

Average Income

Household:$9,030,313.91 /yr

Individual:$4,802,237.08 /yr

Education

Bachelors Degree30.16%
High School College22.77%
Diploma7.34%
Post Graduate20.26%
Others19.47%
Next

Education

Diploma7.34%
Post Graduate20.26%
Others19.47%
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  1. Home
  2. /Medford, MA
  3. /
    500 Salem
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