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Two-Unit Duplex with Two-Car Garage
For Sale
$389,900

79-81 Garden St, West Springfield, MA 01089

Residential Income, West Springfield, MA

Property Size2,484 SF
Lot Size0.11 Acres
Price / SF$156.96
Days on Market48

Property Features for 79-81 Garden St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RB
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 4
Parking 4
Directions Elm or Route 5 to Garden Street, Garage on Lathrop
Standard status Active
APN M:0269 B:1500 L:0036
Size 2,484 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4871

Amenities

fenced yard

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Realty
Listed By: Laura Stevens
Added: Sep 2 Changed: Oct 17 Last Checked: Oct 19 at 6:06PM
MLS# 73571321

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.

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Investment Insights

Based on property information with market context.

This 2,484-square-foot duplex was built in 1920 and contains two residential units with three bedrooms in each, providing six bedrooms overall. The property sits on a 0.1148-acre corner lot and includes a two-car garage along with two fenced yard areas. One unit is currently vacant, while the RB zoning supports its residential income-property classification.

The property is located in West Springfield near shopping, major highways, and everyday amenities. Its two-unit configuration, garage, outdoor areas, and existing vacancy create a straightforward setup for continued rental operation or owner occupancy with a second unit generating rental income.

Key Highlights

  • Two‑unit duplex with six total bedrooms
  • 2,484 square feet on a 0.1148‑acre corner lot
  • Each unit includes 3 bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,535
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,700 $650.7K
Cap Rate 7%
$464,786 $464.8K
Cap Rate 9%
$361,500 $361.5K
Market Conditions
NOI Build-Up for 2,484 SF
Gross rent
$49.2K $19.80/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$46.5K $18.71/SF
− OpEx
−$13.9K −$5.61/SF
NOI
$32.5K $13.10/SF
Area
Hampden County, MA
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,700
Cap Rate 7%
$464,786
Cap Rate 9%
$361,500

Alternative Uses

Best Use
Multifamily LT 5
$464.8K
$406.7K – $542.3K (±1% cap)
NOI $32,535 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$430.7K
$376.9K – $502.5K (±1% cap)
NOI $30,151 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,166 @ 7.0% cap · market cap 27.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

934
Businesses Nearby

Demographics for 01089, MA

28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
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

Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot property with fenced yard sections and one vacant unit.
Where is this duplex located?
The property is located at 79-81 Garden St West Springfield, MA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two‑unit duplex with six total bedrooms; 2,484 square feet on a 0.1148‑acre corner lot; Each unit includes 3 bedrooms
More about this property
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