Investment Properties for Sale in Springfield, MA

96 results

0 listings scored
Property at 18 Wendell Pl, Springfield, MA 01105
1 / 40
Active
New
Open

$400,000

18 Wendell Pl, Springfield, MA 01105

10 bds
|
3 ba
|
2646 sqft

$151/sqft · 1 day on market

MLS® 73600797Multi Family
Naples Realty Group - The Govoni Group
Property at 79 Oak Street, Springfield, MA 01151
1 / 16
Active
Price drop

$425,000

Price reduced by

79 Oak Street, Springfield, MA 01151

7 bds
|
3 ba
|
2813 sqft

$151/sqft · 37 days on market

MLS® 73586809Multi Family
Naples Realty Group - Lino Carrasquillo

$450,000

48 Rutledge Ave, Springfield, MA 01105

8 bds
|
3 ba
|
3350 sqft

$134/sqft · 2 days on market

MLS® 736001773 Family
Lock and Key Realty Inc. - Patriot Living Group

$379,999

Price reduced by

62-64 Alderman Street, Springfield, MA 01108

6 bds
|
2 ba
|
2799 sqft

$136/sqft · 58 days on market

MLS® 735767762 Family - 2 Units Up/Down
Lock and Key Realty Inc. - Alessio Calabrese
Property at 130 Myrtle St, Springfield, MA 01151
1 / 21
Active Under Contract

$399,900

130 Myrtle St, Springfield, MA 01151

6 bds
|
2 ba
|
2400 sqft

$167/sqft · 43 days on market

MLS® 73584116Multi Family
Executive Real Estate, Inc. - Oliver Figuereo

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.

Property at 559-561 Wilbraham Rd, Springfield, MA 01109
1 / 41
Active
Price drop

$469,900

Price reduced by

559-561 Wilbraham Rd, Springfield, MA 01109

6 bds
|
2 ba
|
2340 sqft

$201/sqft · 27 days on market

MLS® 735916612 Family - 2 Units Side by Side
Lock and Key Realty Inc. - Jessica Mekal
Property at 61-63 Wilson St, Springfield, MA 01104
1 / 17
Active
Price drop

$409,900

Price reduced by

61-63 Wilson St, Springfield, MA 01104

4 bds
|
2.5 ba
|
1710 sqft

$240/sqft · 58 days on market

MLS® 73577028Duplex
Fathom Realty - Erica Rodriguez
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 · 51 days on market

MLS® 735805895+ Family - 5+ Units Up/Down
Lock and Key Realty Inc. - Jessica Mekal
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 · 63 days on market

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

$345,000

63-65 Tyler St, Springfield, MA 01109

9 bds
|
3 ba
|
2148 sqft

$161/sqft · 6 days on market

MLS® 73599279Multi Family
Naples Realty Group - Lino Carrasquillo

$449,987

171 Northampton Ave, Springfield, MA 01109

7 bds
|
2.5 ba
|
2988 sqft

$151/sqft · 6 days on market

MLS® 735995592 Family - 2 Units Up/Down
Hampden Realty Center, LLC - Bill Nichols

$379,999

650 Union St, Springfield, MA 01109

5 bds
|
2 ba
|
1690 sqft

$225/sqft · 6 days on market

MLS® 735990922 Family - 2 Units Up/Down
Naples Realty Group - Heather Trombly
Property at 863 Worthington St, Springfield, MA 01105
1 / 28
Active
Price drop

$239,000

Price reduced by

863 Worthington St, Springfield, MA 01105

5 bds
|
2 ba
|
2764 sqft

$86/sqft · 46 days on market

MLS® 73582864Multi Family
Lock and Key Realty Inc. - Jessica Mekal

$225,000

26 Hebron St, Springfield, MA 01107

8 bds
|
3 ba
|
3614 sqft

$62/sqft · 7 days on market

MLS® 735987273 Family
Berkshire Hathaway HomeServices Realty Professionals - Aida Ruiz Batiste
Property at 24-26 Pequot St, Springfield, MA 01151
1 / 35
Active
Price drop

$385,000

Price reduced by

24-26 Pequot St, Springfield, MA 01151

6 bds
|
2 ba
|
1680 sqft

$229/sqft · 112 days on market

MLS® 73553782Multi Family
Lock and Key Realty Inc. - Michael Rodgers
Property at 81 Adams St, Springfield, MA 01105
1 / 42
Active
Price drop

$350,000

Price reduced by

81 Adams St, Springfield, MA 01105

8 bds
|
3 ba
|
3036 sqft

$115/sqft · 64 days on market

MLS® 73573608Multi Family
Lock and Key Realty Inc. - Patriot Living Group
Property at 5-7 Ellen St, Springfield, MA 01104
1 / 23
Active
Price drop

$370,000

Price reduced by

5-7 Ellen St, Springfield, MA 01104

4 bds
|
2 ba
|
1640 sqft

$226/sqft · 27 days on market

MLS® 73591119Multi Family
Lock and Key Realty Inc. - The Bradshaw Team
Property at 1144-1146 Page Blvd, Springfield, MA 01104
1 / 21
Active
Price drop

$369,900

Price reduced by

1144-1146 Page Blvd, Springfield, MA 01104

4 bds
|
2 ba
|
1764 sqft

$210/sqft · 55 days on market

MLS® 73578819Multi Family
Executive Real Estate, Inc. - Nunley Group

$400,000

108 Marble St, Springfield, MA 01105

6 bds
|
2 ba
|
1920 sqft

$208/sqft · 12 days on market

MLS® 73596882Multi Family
eXp Realty LLC - Paola Garcia
Property at 60-62 Orange St, Springfield, MA 01108
1 / 39
Active
Price drop

$335,900

Price reduced by

60-62 Orange St, Springfield, MA 01108

6 bds
|
2 ba
|
2560 sqft

$131/sqft · 43 days on market

MLS® 73584160Multi Family
Berkshire Hathaway HomeServices Realty Professionals - Judy Nevarez
Property at 10 Monroe St, Springfield, MA 01109
1 / 36
Active
Price drop

$405,000

Price reduced by

10 Monroe St, Springfield, MA 01109

6 bds
|
2 ba
|
1910 sqft

$212/sqft · 122 days on market

MLS® 73548440Multi Family
HB Real Estate, LLC - Nicole Flamand

$380,000

50-52 Humbert St, Springfield, MA 01109

4 bds
|
3 ba
|
1710 sqft

$222/sqft · 9 days on market

MLS® 73598364Duplex
Lock and Key Realty Inc. - The Colondres 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 · 68 days on market

MLS® 73571917Duplex
First Place Realty - Stephen Byrne

$430,000

74 Oak Street, Springfield, MA 01151

6 bds
|
2 ba
|
2484 sqft

$173/sqft · 8 days on market

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

$398,000

Price reduced by

1386-1388 Worcester St, Springfield, MA 01151

4 bds
|
2 ba
|
1886 sqft

$211/sqft · 140 days on market

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

$450,000

166-168 Main St, Springfield, MA 01151

13 bds
|
0 ba
|
12443 sqft

$36/sqft · 9 days on market

MLS® 735978132 Family - 2 Units Up/Down
Lock and Key Realty Inc. - Fallah Razzak

$349,900

58-60 Somerset St, Springfield, MA 01108

6 bds
|
2 ba
|
2444 sqft

$143/sqft · 33 days on market

MLS® 735892072 Family - 2 Units Up/Down
Coldwell Banker Realty - Western MA - The Generation 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 · 12 days on market

MLS® 735971162 Family - 2 Units Up/Down
Gallagher Real Estate - Edward Molina Pantoja
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 · 55 days on market

MLS® 73579288Multi Family
Crescent Hill Real Estate - Christine Moore
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 · 75 days on market

MLS® 735697452 Family - 2 Units Up/Down
Naples Realty Group - Ryan Mcdowell

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 96 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
96
Median list price
$399,950

Among the 30 listings shown above

Median price per unit
$192,500

17 listings with a known unit count

Unit mix

  • 2-family: 13
  • 3-family: 3
  • 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.