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Three-Story Multifamily Property
For Sale
$625,000

179-183 Walnut Street, Holyoke, MA 01040

Updated living areas, kitchens, and bathrooms complement a multi-unit residence with balcony access.

Property Size6,138 SF
Lot Size0.11 Acres
Price / SF$101.82
Days on Market104

Property Features for 179-183 Walnut Street

General Information

Standard status Active
Size 6,138 SF
Total Parking Spaces 1
Lot size 0.11 Acres
Property subtype Multi-Family
Zoning DR
Net Operating Income $50,400

Taxes and HOA fees

Annual Taxes $7,672

Amenities

balcony

Building Details

Building Size 6,138 SF
Year Built 1900
Stories 3
Listing Agency: J.M.I. Investment Properties
Listed By: Chris Bernier
Source: Churchillprop
Added: May 20 Changed: Aug 29 Last Checked: Aug 30 at 1:23PM

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 J.M.I. Investment Properties

Investment Insights

Based on property information with market context.

Located at 179-183 Walnut Street in Holyoke, Massachusetts, this multifamily property contains 6,138 square feet of living area across 3.0 stories. The residence includes three full bathrooms, a single garage space, and a balcony. One bathroom features a tiled walk-in shower. Living rooms, bathrooms, and kitchens were updated in most units.

Constructed in 1900, the property occupies a 4,948-square-foot lot and is identified with DR zoning. Its multi-story configuration and existing residential improvements provide a substantial physical base for multifamily ownership.

Key Highlights

  • 6,138 square feet of living area across 3.0 stories
  • Living rooms, bathrooms, and kitchens updated in most units
  • Three full bathrooms, including a tiled walk‑in shower

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Skin Care Clinic Bakery Parking Lot & Garage Carpet & Flooring Store Kitchen & Bath Showroom Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,454
Businesses Nearby

Demographics for 01040, MA

38,238
Population
17,057
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
79%
High-School Grad
21.2 sq mi
ZIP Area
1,804
Density / Sq Mi
$51,892
Median Household Income
$41,801
Median Earnings
$1,016
Median Rent
$255,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Updated living areas, kitchens, and bathrooms complement a multi-unit residence with balcony access.
Where is this multifamily property located?
The property is located at 179-183 Walnut Street Holyoke, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 6,138 square feet of living area across 3.0 stories; Living rooms, bathrooms, and kitchens updated in most units; Three full bathrooms, including a tiled walk‑in shower
More about this property
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