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    Springfield, MA
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    Springfield, MA Apartment Buildings for Sale

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    Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA Longmeadow, MA
    15 properties
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    Twelve-Bedroom Apartment Building
    Updated: Jul 29
    Twelve-Bedroom Apartment Building

    109 Grover St, Springfield, MA 01104

    $744,000
    4,953 sqft 0.11 AC lot
    4,953 sq ft living area on a 4,953 sq ft lot
    12 bedrooms
    Six full bathrooms
    Built in 1909
    WalkScore 76, very walkable
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    This listing looks promising.

    Here's a quick look at some key insights for

    109 Grover St, Springfield, MA 01104

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $65K
      Annual

    • Price @ 7% Cap

      $932K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1909
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    Mixed-Use Income Property
    Updated: Jun 19
    Mixed-Use Income Property

    683-687 State St, Springfield, MA 01109

    $1,675,000
    11,250 sqft
    Multi‑family mixed‑use building built in 1895 with 17 total units: 15 residential apartments and 2 commercial spaces on State Street
    Unit mix includes (9) 1‑bedroom, (2) 2‑bedroom, and (4) 3‑bedroom apartments; currently 1 vacant 3‑bedroom unit plus 2 vacant commercial spaces
    15 residential units include recent updates: all but two units updated within the past 24 months
    One commercial space offers over 2,600 SF and can support uses such as laundromat, retail, or office
    Gross rental income is approximately $19,000/month, with ownership paying heat and hot water and tenants paying electric via separate meters
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    98-Unit Apartment Building Portfolio
    98-Unit Apartment Building Portfolio

    71-81 School St, Springfield, MA 02670

    Contact for pricing
    115,425 sqft 1.36 AC lot

    Multi-story residential buildings provide a broad mix of studios and one- to four-bedroom apartments.

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    Four-Story Apartment Buildings
    Four-Story Apartment Buildings

    468 Liberty Street, Springfield, MA 01104

    Contact for pricing
    18,740 sqft 0.22 AC lot

    Two multi-family buildings offer consistent two-bedroom layouts with dedicated off-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Investment Portfolio
    Multifamily Investment Portfolio

    528-532 Union Street, Springfield, MA 01109

    Contact for pricing
    35,650 sqft 0.32 AC lot

    Portfolio includes three multi-story buildings with 28 total residential units and off-street parking.

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    Multifamily Investment Property
    Multifamily Investment Property

    18 Salem St, Springfield, MA 01105

    Contact for pricing
    20,734 sqft

    Multifamily building on a 0.4653-acre lot near local amenities, schools, and major roadways, currently not occupied.

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    Multifamily Building Investment Opportunity
    Multifamily Building Investment Opportunity

    228 Belmont Ave, Springfield, MA 01108

    $1,350,000
    0.28 AC lot

    Expansive multifamily building with strong rental income in prime location.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    774-776 Liberty St, Springfield, MA 01104

    $330,000
    0.05 AC lot

    Investment property featuring a barbershop and a three-bedroom apartment.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    683-687 State St, Springfield, MA 01109

    $1,650,000

    17-unit mixed-use building with two commercial spaces and 15 residential units, including recent updates and current vacancies.

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    Springfield Portfolio: 127 Units
    Springfield Portfolio: 127 Units

    64 Myrtle St, Springfield, MA 01105

    $11,900,000
    3.62 AC lot

    Three stabilized, cash-flowing properties in Springfield's rental market.

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    Residential Income Property
    Residential Income Property

    34 Sumner Ave, Springfield, MA 01108

    $209,000

    For sale residential income property at 34 Sumner Ave, Springfield, MA 01108.

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    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    570-582 Main Street, Springfield, MA 01119

    $740,000

    Three connected commercial areas accompany six residential units across the upper floors.

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    Mixed-Use Apartment and Retail
    Mixed-Use Apartment and Retail

    211-213 Worthington St, Springfield, MA 01103

    Contact for pricing

    Fully leased 8-unit building with seven residential apartments and one leased restaurant/bar retail space.

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    Non-Performing Multifamily Loan Portfolio
    Non-Performing Multifamily Loan Portfolio

    36 Court St, Springfield, MA 01103

    Contact for pricing

    Non-performing first-lien mortgage loan secured by 46 multifamily units.

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    Multifamily Residential Income Portfolio
    Multifamily Residential Income Portfolio

    15-17 Huntington St, Springfield, MA 01107

    Contact for pricing

    Residential portfolio with multiple fully occupied units and value-add updating and rent improvement opportunities.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Multi-Family Building
    Two-Story Multi-Family Building

    438 Springfield, Agawam, MA 01001

    $1,950,000
    7,680 sqft 0.31 AC lot

    Two-story multifamily property with 16 bedrooms and 16 full bathrooms, fully rented and updated with heat pumps in all units.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    541-543 Front Street, Chicopee, MA 01013

    Contact for pricing
    6,436 sqft 0.11 AC lot

    Three-story multifamily property with basement laundry facilities and dedicated off-street parking.

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    Historic Chicopee Mixed-Use Development Opportunity
    Historic Chicopee Mixed-Use Development Opportunity

    35 Grape Street, Chicopee, MA 01013

    Contact for pricing
    100,000 sqft 2.00 AC lot

    2+ acre site zoned commercial and industrial with development potential.

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    Studio Apartment Building
    Studio Apartment Building

    21 Dwight, Agawam, MA 01001

    $2,376,250

    Income-producing multifamily property with upgraded interiors, outdoor decking, and on-site coin-operated laundry equipment.

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    Off-Market Properties in Springfield, MA

    Consider similar Off-Market properties in Springfield, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    414 Chestnut St
    APARTMENT HOUSE (5+ UNITS)

    414 Chestnut St, Springfield, MA 01104-3567

    $24,680,000
    Estimated value
    229,164 sqft 3.80 AC lot
    View details
    196-200 Locust St
    APARTMENT HOUSE (5+ UNITS)

    196-200 Locust St, Springfield, MA 01108

    $1,280,000
    Estimated value
    16,602 sqft 0.47 AC lot
    View details
    270-274 Locust St
    APARTMENT HOUSE (5+ UNITS)

    270-274 Locust St, Springfield, MA 01108

    $5,555,000
    Estimated value
    22,088 sqft 0.30 AC lot
    View details
    65 Belmont Ave
    APARTMENT HOUSE (5+ UNITS)

    65 Belmont Ave, Springfield, MA 01108-1676

    $580,000
    Estimated value
    21,767 sqft 0.29 AC lot
    View details
    22-24 Winthrop St
    APARTMENT HOUSE (5+ UNITS)

    22-24 Winthrop St, Springfield, MA 01105

    $355,000
    Estimated value
    19,907 sqft 0.19 AC lot
    View details
    93 Pne St
    APARTMENT HOUSE (5+ UNITS)

    93 Pne St, Springfield, MA 01105-1459

    $225,000
    Estimated value
    13,415 sqft 0.21 AC lot
    View details
    71-75 Saratoga St
    APARTMENT HOUSE (5+ UNITS)

    71-75 Saratoga St, Springfield, MA 01105

    $250,000
    Estimated value
    12,775 sqft 0.09 AC lot
    View details
    90-94 Oswego St
    APARTMENT HOUSE (5+ UNITS)

    90-94 Oswego St, Springfield, MA 01105

    $530,000
    Estimated value
    25,060 sqft 0.20 AC lot
    View details
    75-79 Oswego St
    APARTMENT HOUSE (5+ UNITS)

    75-79 Oswego St, Springfield, MA 01105

    $365,000
    Estimated value
    17,937 sqft 0.20 AC lot
    View details

    Springfield, MA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Springfield, MA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 206,752 square feet of properties for sale, with an estimated market value of $18,598,000.

    Sale prices for two-family homes in Springfield, MA start at $209,000, averaging $2,324,750, and reaching up to $11,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 171K
    Population Growth (5Y) +1.4%
    Median Household Income $60,860
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01104 $658.2K
    01119 $750K
    01108 $1.2M
    01109 $1.7M
    01105 $11.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.26%
    Property Tax per SF $40.45 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Springfield, MA

    • 01104
    • 01109
    • 01103
    • 01105
    • 01108
    • 01107
    • 02670

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