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Two-Family Residential Income Property
For Sale
$399,999

127-129 Thompson St., Springfield, MA 01109

Two independently separated residences with updated systems, a third-floor finished area, screened porches, and a detached two-car garage.

Property Size4,426 SF
Days on Market41

Property Features for 127-129 Thompson St.

General Information

Standard status Active
Size 4,426 SF
Total Parking Spaces 12
Property subtype Residential Income
Zoning RES B

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,900

Building Details

Building Size 4,426 SF
Year Built 1897
Stories 3
Units 2
Tenancy Multi
Listing Agency: Keller Williams Realty Signature Properties
Listed By: Matthew Langlois
Source: Liongatere
Added: Jul 16 Changed: Aug 24 Last Checked: Aug 23 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Signature Properties

Investment Insights

Based on property information with market context.

This two-family residential income property offers distinct living spaces with each unit separated by its own brick firewall for privacy. The homes feature original character elements such as hardwood floors and exposed brick, along with recent updates including updated electrical service, a 2008 roof, a newer boiler, and a freshly painted exterior. Both units provide spacious layouts, and there is additional finished space on the third floors for flexible living or overflow needs. Outside, the property includes multiple screened porches, an expansive backyard, and a detached two-car garage.

Located at 127–129 Thompson St. in the Historic McKnight District of Springfield, this well-maintained asset is positioned in a historic neighborhood setting. The combination of architectural detail and functional updates supports continued use as a two-unit rental property.

With the detached garage and generous outdoor space alongside the screened porches and third-floor finished areas, the property provides practical amenities for occupants while maintaining its classic two-family presentation.

Key Highlights

  • Two‑family home built in 1897 in the Historic McKnight District
  • Each residence has its own brick firewall for privacy
  • Third floor includes finished space for added flexibility

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

Demographics for 01109, MA

30,968
Population
10,786
Households
2.9
Avg Household Size
30
Median Age
17%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
5,735
Density / Sq Mi
$46,821
Median Household Income
$34,971
Median Earnings
$1,112
Median Rent
$203,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two independently separated residences with updated systems, a third-floor finished area, screened porches, and a detached two-car garage.
Where is this duplex located?
The property is located at 127-129 Thompson St. Springfield, MA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two‑family home built in 1897 in the Historic McKnight District; Each residence has its own brick firewall for privacy; Third floor includes finished space for added flexibility
More about this property
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