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Duplex with Three-Car Garage
New
For Sale
$364,900

21 - 23 Olmsted Dr, Springfield, MA 01108

Residential Income, Springfield, MA

Property Size3,141 SF
Lot Size0.20 Acres
Price / SF$116.17
Days on Market4

Property Features for 21 - 23 Olmsted Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res B
Bedrooms 7
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 3
Parking 13
Fireplace 1
Directions Dickinson to Olmsted
Standard status Active
Size 3,141 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4970

Building Details

Year built 1923
Floors in Building 3
Number of units 2
Listing Agency: RE/MAX Prof Associates · RE/MAX International
Listed By: Lorraine Herbert
Added: Sep 20 Last Checked: Sep 23 at 7:06AM
MLS# 73580123

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1923, this 3,141-square-foot duplex offers two residential units with separate boilers, electric panels, and hot water heaters. The first-floor apartment includes three bedrooms, one bathroom, living and dining rooms, and a kitchen. The second-floor unit provides three bedrooms, one bathroom, living and dining rooms, and a kitchen, with an additional bedroom and storage in the finished third-floor walk-up attic. Hardwood flooring, replacement windows, abundant windows, and a walk-in closet add practical features throughout the residence.

The property occupies 0.2 acres at 21–23 Olmsted Dr in Springfield and is zoned Res B. A three-car garage, driveway, and additional parking area support on-site vehicle storage. The first-floor unit is vacant, while the second-floor unit is occupied. Forest Park is nearby, and the property sits close to the East Longmeadow and Longmeadow line with access to main routes and the highway.

Key Highlights

  • Two‑unit duplex with 3,141 square feet of living area
  • First‑floor unit is vacant; second‑floor unit is occupied
  • Three‑car garage, driveway, and additional parking area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

507
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-unit property with separate utilities, hardwood flooring, replacement windows, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 21 - 23 Olmsted Dr Springfield, MA.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Two‑unit duplex with 3,141 square feet of living area; First‑floor unit is vacant; second‑floor unit is occupied; Three‑car garage, driveway, and additional parking area
More about this property
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