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Eight-Unit Duplex Portfolio
For Sale
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306-322 Oak Street, Springfield, MA 01151

Four adjacent buildings offer fully rented two-bedroom residences with individual garage space.

Property SizeContact for details
Days on Market141

Property Features for 306-322 Oak Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 8 x 2BR/1.5BA
Multifamily Units 8

Building Details

Buildings 4
Listing Agency: Park Square Realty's
Listed By: Ted Cassell · License #MA 9016155
Source: Crexi
Added: Apr 14 Changed: Aug 31 Last Checked: Aug 29 at 9:44PM

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 Park Square Realty's

Investment Insights

Based on property information with market context.

This portfolio includes four neighboring duplex buildings containing eight total residential units. Each unit is configured with two bedrooms and one and one-half bathrooms, and all units are fully rented. Individual garage space accompanies each residence, while a broad paved driveway provides additional on-site parking.

Property improvements include vinyl siding and roof replacements completed in 2021, supporting a lower-maintenance building exterior. Lead certificates are available for all units. The offering is structured solely as a portfolio sale, providing the complete group of adjacent duplexes in one transaction.

Key Highlights

  • Eight total units across four adjacent duplex buildings
  • All units are fully rented
  • Two‑bedroom, one‑and‑one‑half‑bathroom unit configuration

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Cafe & Coffee Shop Gym & Fitness Center Catering Service (Bike/Boat/Book/etc) Store Plumbing 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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 01151, MA

9,150
Population
3,959
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
77%
High-School Grad
2.4 sq mi
ZIP Area
3,813
Density / Sq Mi
$57,113
Median Household Income
$39,117
Median Earnings
$1,239
Median Rent
$219,800
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?
Duplex - Four adjacent buildings offer fully rented two-bedroom residences with individual garage space.
Where is this duplex located?
The property is located at 306-322 Oak Street Springfield, MA.
What are key features of this property?
This property features: Eight total units across four adjacent duplex buildings; All units are fully rented; Two‑bedroom, one‑and‑one‑half‑bathroom unit configuration
(413) 789-9830 Call to check price and availability
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