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Updated 3-Unit Multifamily Property
For Sale
$485,000

19-21 Rutledge Avenue, Springfield, MA 01105

Three two-bedroom units feature open layouts alongside recent exterior and mechanical improvements.

Property Size4,411 SF
Price / SF$109.95
Days on Market13

Property Features for 19-21 Rutledge Avenue

General Information

Standard status Active
Size 4,411 SF
Property subtype Multi-family

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Year Built 1896
Listing Agency: Naples Realty Group
Listed By: Sheila Perez
Source: Taylorrealtors
Added: Aug 8 Changed: Aug 20 Last Checked: Aug 20 at 8:48AM

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 Naples Realty Group

Investment Insights

Based on property information with market context.

This 3-family property contains three two-bedroom units with generous open layouts. The 4,411-square-foot building was constructed in 1896 and has received several recent improvements, including a new roof, driveway, porch, and two new gas hot water tanks. One unit is vacant and has been remodeled, while the other units provide rental-income potential.

The property is located near major highways, shopping, dining, and everyday amenities. Its three-unit configuration, updated building components, and available remodeled unit support both investment and owner-occupant use.

Key Highlights

  • 3‑family property with three 2‑bedroom units
  • 4,411 SF building constructed in 1896
  • New roof, driveway, and porch

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Pet Grooming Service Catering Service HVAC 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.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,972
Businesses Nearby

Demographics for 01105, MA

12,051
Population
5,554
Households
2.2
Avg Household Size
33
Median Age
8%
College-Educated
64%
High-School Grad
1.2 sq mi
ZIP Area
10,043
Density / Sq Mi
$22,994
Median Household Income
$24,078
Median Earnings
$976
Median Rent
$238,400
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?
Triplex - Three two-bedroom units feature open layouts alongside recent exterior and mechanical improvements.
Where is this triplex located?
The property is located at 19-21 Rutledge Avenue Springfield, MA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 3‑family property with three 2‑bedroom units; 4,411 SF building constructed in 1896; New roof, driveway, and porch
More about this property
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