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Four-Family Residential Income Property
For Sale
$549,999
Pending

128-130 Kensington Ave, Springfield, MA 01108

Four spacious 3-bedroom units, with two currently occupied and two vacant for additional rental income potential.

Property Size7,056 SF
Days on Market89

Property Features for 128-130 Kensington Ave

General Information

Standard status Pending
Size 7,056 SF
Property subtype 4 Family - 4 Units Side by Side
Occupancy 50%

Additional Details

Multifamily Units 4

Building Details

Year Built 1923
Listing Agency: Homes Logic Real Estate, LLC
Listed By: Jose Martinez
Source: Lockandkeyre
Added: Jun 9 Changed: Sep 4 Last Checked: Sep 4 at 4:49AM

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 Homes Logic Real Estate, LLC

Investment Insights

Based on property information with market context.

This four-family residential income property includes four spacious 3-bedroom units. Lead certificates are on file. Two units are currently occupied, while two units are vacant, giving the next owner flexibility to increase rental income or accommodate an owner-occupant.

The property is located in Springfield’s Forest Park neighborhood and is described as being convenient to schools, shopping, restaurants, parks, public transportation, and major commuter routes.

Buyer and buyer’s agent are advised to perform due diligence and verify all information.

Key Highlights

  • Four‑family property built in 1923 in Springfield’s Forest Park neighborhood
  • Four 3‑bedroom units; lead certificates are on file
  • Two units currently occupied, with two vacant units for potential additional rental income

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

4
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,047
Businesses Nearby

Demographics for 01108, MA

27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
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?
Quadplex - Four spacious 3-bedroom units, with two currently occupied and two vacant for additional rental income potential.
Where is this quadplex located?
The property is located at 128-130 Kensington Ave Springfield, MA.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Four‑family property built in 1923 in Springfield’s Forest Park neighborhood; Four 3‑bedroom units; lead certificates are on file; Two units currently occupied, with two vacant units for potential additional rental income
More about this property
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