Yes, the word "calm" can be used to describe a street, often to indicate that the street is quiet, peaceful, and free of disturbances. For example:
"The calm street was lined with trees and small houses, creating a serene atmosphere."
"After the storm passed, the street returned to its calm state."
Using "calm" for a street is metaphorical, attributing the quality of peace and quiet (often used for emotions or people) to the environment of the street. It works well in both literal descriptions and creative or narrative contexts.