Investment Properties for Sale in Springfield, MA

100 results

0 listings scored

$398,000

Price reduced by

1386-1388 Worcester St, Springfield, MA 01151

4 bds
|
2 ba
|
1886 sqft

$211/sqft · 136 days on market

MLS® 735408662 Family - 2 Units Up/Down
Coldwell Banker Realty - Western MA - Marisol Franco

$379,999

Price reduced by

62-64 Alderman Street, Springfield, MA 01108

6 bds
|
2 ba
|
2799 sqft

$136/sqft · 54 days on market

MLS® 735767762 Family - 2 Units Up/Down
Lock and Key Realty Inc. - Alessio Calabrese

$449,987

171 Northampton Ave, Springfield, MA 01109

7 bds
|
2.5 ba
|
2988 sqft

$151/sqft · 2 days on market

MLS® 735995592 Family - 2 Units Up/Down
Hampden Realty Center, LLC - Bill Nichols
Property at 76 Acushnet Ave, Springfield, MA 01105
1 / 29
Active
Price drop

$349,900

Price reduced by

76 Acushnet Ave, Springfield, MA 01105

5 bds
|
2 ba
|
2194 sqft

$159/sqft · 80 days on market

MLS® 735653252 Family - 2 Units Up/Down
Byrnes Real Estate Group LLC - Lenny Ogando
Property at 650 Union St, Springfield, MA 01109
1 / 32
Active
New
Open

$379,999

650 Union St, Springfield, MA 01109

5 bds
|
2 ba
|
1690 sqft

$225/sqft · 2 days on market

MLS® 735990922 Family - 2 Units Up/Down
Naples Realty Group - Heather Trombly

What's actually happening in Springfield right now?

Forget the national headlines. Get the hyper-local, street-level data on inventory, price drops, and true market value before you make an offer.

$450,000

166-168 Main St, Springfield, MA 01151

13 bds
|
0 ba
|
12443 sqft

$36/sqft · 5 days on market

MLS® 735978132 Family - 2 Units Up/Down
Lock and Key Realty Inc. - Fallah Razzak
Property at 79 Oak Street, Springfield, MA 01151
1 / 16
Active
Price drop

$445,000

Price reduced by

79 Oak Street, Springfield, MA 01151

7 bds
|
3 ba
|
2813 sqft

$158/sqft · 33 days on market

MLS® 73586809Multi Family
Naples Realty Group - Lino Carrasquillo
Property at 298-302 Belmont Ave, Springfield, MA 01108
1 / 39
Active
Price drop

$724,900

Price reduced by

298-302 Belmont Ave, Springfield, MA 01108

8 bds
|
5.5 ba
|
6415 sqft

$113/sqft · 47 days on market

MLS® 735805895+ Family - 5+ Units Up/Down
Lock and Key Realty Inc. - Jessica Mekal

$345,000

63-65 Tyler St, Springfield, MA 01109

9 bds
|
3 ba
|
2148 sqft

$161/sqft · 2 days on market

MLS® 73599279Multi Family
Naples Realty Group - Lino Carrasquillo

$349,900

58-60 Somerset St, Springfield, MA 01108

6 bds
|
2 ba
|
2444 sqft

$143/sqft · 29 days on market

MLS® 735892072 Family - 2 Units Up/Down
Coldwell Banker Realty - Western MA - The Generation Group
Property at 29-31 Wilmont Street, Springfield, MA 01108
1 / 37
Active Under Contract

$449,900

29-31 Wilmont Street, Springfield, MA 01108

6 bds
|
3 ba
|
3876 sqft

$116/sqft · 17 days on market

MLS® 735937083 Family - 3 Units Up/Down
Ashton Realty Group Inc. - Stacy Ashton
Property at 335 Oakland St, Springfield, MA 01108
1 / 10
Active
Price drop

$485,000

Price reduced by

335 Oakland St, Springfield, MA 01108

6 bds
|
3 ba
|
3000 sqft

$162/sqft · 59 days on market

MLS® 735738733 Family
Property Investors & Advisors, LLC - Olotu J. Wariebi

$430,000

74 Oak Street, Springfield, MA 01151

6 bds
|
2 ba
|
2484 sqft

$173/sqft · 4 days on market

MLS® 735984322 Family - 2 Units Up/Down
Lock and Key Realty Inc. - The Colondres Group

$225,000

26 Hebron St, Springfield, MA 01107

8 bds
|
3 ba
|
3614 sqft

$62/sqft · 3 days on market

MLS® 735987273 Family
Berkshire Hathaway HomeServices Realty Professionals - Aida Ruiz Batiste
Property at 81 Adams St, Springfield, MA 01105
1 / 42
Active
Price drop
Open

$350,000

Price reduced by

81 Adams St, Springfield, MA 01105

8 bds
|
3 ba
|
3036 sqft

$115/sqft · 60 days on market

MLS® 73573608Multi Family
Lock and Key Realty Inc. - Patriot Living Group
Property at 15-17 Nye St, Springfield, MA 01104
1 / 42
Active Under Contract

$450,000

15-17 Nye St, Springfield, MA 01104

6 bds
|
2 ba
|
2420 sqft

$186/sqft · 8 days on market

MLS® 735971162 Family - 2 Units Up/Down
Gallagher Real Estate - Edward Molina Pantoja

$380,000

50-52 Humbert St, Springfield, MA 01109

4 bds
|
3 ba
|
1710 sqft

$222/sqft · 5 days on market

MLS® 73598364Duplex
Lock and Key Realty Inc. - The Colondres Group
Property at 129-131 W Alvord St, Springfield, MA 01108
1 / 23
Active Under Contract

$435,000

129-131 W Alvord St, Springfield, MA 01108

9 bds
|
2.5 ba
|
2896 sqft

$150/sqft · 51 days on market

MLS® 73579288Multi Family
Crescent Hill Real Estate - Christine Moore
Property at 24-26 Pequot St, Springfield, MA 01151
1 / 35
Active
Price drop
Open

$385,000

Price reduced by

24-26 Pequot St, Springfield, MA 01151

6 bds
|
2 ba
|
1680 sqft

$229/sqft · 108 days on market

MLS® 73553782Multi Family
Lock and Key Realty Inc. - Michael Rodgers
Property at 132 Grover St, Springfield, MA 01104
1 / 27
Active Under Contract
Price drop

$385,000

Price reduced by

132 Grover St, Springfield, MA 01104

5 bds
|
3 ba
|
2604 sqft

$148/sqft · 71 days on market

MLS® 735697452 Family - 2 Units Up/Down
Naples Realty Group - Ryan Mcdowell
Property at 19-21 Rutledge Ave, Springfield, MA 01105
1 / 39
Active
Price drop

$414,900

Price reduced by

19-21 Rutledge Ave, Springfield, MA 01105

6 bds
|
3 ba
|
4411 sqft

$94/sqft · 88 days on market

MLS® 735622063 Family
Naples Realty Group - Sheila Perez
Property at 5-7 Ellen St, Springfield, MA 01104
1 / 23
Active
Price drop
Open

$370,000

Price reduced by

5-7 Ellen St, Springfield, MA 01104

4 bds
|
2 ba
|
1640 sqft

$226/sqft · 23 days on market

MLS® 73591119Multi Family
Lock and Key Realty Inc. - The Bradshaw Team
Property at 104 Narragansett St, Springfield, MA 01107
1 / 42
Active Under Contract
Price drop

$439,000

Price reduced by

104 Narragansett St, Springfield, MA 01107

9 bds
|
3 ba
|
4125 sqft

$106/sqft · 71 days on market

MLS® 73569548Multi Family
Lock and Key Realty Inc. - Jessica Mekal
Property at 1144-1146 Page Blvd, Springfield, MA 01104
1 / 21
Active
Price drop
Open

$369,900

Price reduced by

1144-1146 Page Blvd, Springfield, MA 01104

4 bds
|
2 ba
|
1764 sqft

$210/sqft · 51 days on market

MLS® 73578819Multi Family
Executive Real Estate, Inc. - Nunley Group
Property at 17-19 Slater Ave, Springfield, MA 01119
1 / 20
Active
Price drop

$440,000

Price reduced by

17-19 Slater Ave, Springfield, MA 01119

4 bds
|
2 ba
|
1715 sqft

$257/sqft · 64 days on market

MLS® 73571917Duplex
First Place Realty - Stephen Byrne

$400,000

108 Marble St, Springfield, MA 01105

6 bds
|
2 ba
|
1920 sqft

$208/sqft · 8 days on market

MLS® 73596882Multi Family
eXp Realty LLC - Paola Garcia

$429,900

42-44 Dearborn St, Springfield, MA 01109

9 bds
|
2.5 ba
|
3236 sqft

$133/sqft · 86 days on market

MLS® 73563212Multi Family
Naples Realty Group - Manuel Del Hoyo Castro

$410,000

64 Thompson St, Springfield, MA 01109

5 bds
|
2 ba
|
1892 sqft

$217/sqft · 8 days on market

MLS® 735968802 Family - 2 Units Up/Down
eXp Realty LLC - Paola Garcia

$450,000

84-86 Forest Park Ave, Springfield, MA 01108

6 bds
|
3 ba
|
4774 sqft

$94/sqft · 8 days on market

MLS® 73596992Multi Family
Berkshire Hathaway HomeServices Realty Professionals - Michal Boudreau

$489,900

43-45 Dexter St, Springfield, MA 01108

8 bds
|
3.5 ba
|
3864 sqft

$127/sqft · 17 days on market

MLS® 73593204Duplex
Richard M. Russo Real Estate - Richard Russo

Estimates — not financial advice

This is a property-search tool for investors. Any financial figures shown are illustrative estimates — not an appraisal, guarantee, or investment advice. Verify independently and consult your own advisors.

Investing in Springfield, MA: income properties at a glance

There are 100 multi-family and income properties for sale in Springfield, MA right now. Each listing above is scored for estimated cap rate, cash flow and gross rent multiplier, using MLS-reported rents where the listing has them and HUD Small Area Fair Market Rents where it doesn't.

Income properties for sale
100
Median list price
$412,450

Among the 30 listings shown above

Median price per unit
$190,000

19 listings with a known unit count

Unit mix

  • 2-family: 14
  • 3-family: 4
  • 5+ units: 1

Returns are estimated at 25% down, a 7% 30-year mortgage, 20% operating expenses and 5% vacancy. Adjust the assumptions above to underwrite your own deal.