Multifamily

Springfield, MA Multifamily Properties for Sale

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106 properties
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Three-Unit Residential Income Property
Updated: Oct 15
Three-Unit Residential Income Property

190 Oak St, Springfield, MA 01151

$450,000
2,836 sqft 0.15 AC lot
Three units within 2,836 square feet on a 0.1502‑acre lot
Built in 1916; zoned R2
Units 1 and 2 each include two bedrooms, dining rooms, and eat‑in kitchens with rear porch access
Unit 3 features a combined living and dining area, eat‑in kitchen, and shower‑stall bathroom
Newer furnace and hot water tanks, updated electrical, and basement air sealing and insulation
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Duplex with Flexible Third Floor
Updated: Oct 21
Duplex with Flexible Third Floor

92-94 Genesee St, Springfield, MA 01104

$375,000
2,768 sqft 0.17 AC lot
Two‑family property with 2,768 square feet on a 0.1722‑acre lot
Each unit has its own interior staircase to the basement and third level
Third floor includes finished rooms and additional flexible space
Roof and bathrooms updated in 2022; hardwood flooring throughout
Gated parking for two cars, plus additional off‑street parking
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Duplex with Finished Basement
Duplex with Finished Basement

67 Thompson Street, Springfield, MA 01109

$399,900
3,460 sqft 0.37 AC lot

The vacant first floor and tenant-occupied second floor offer distinct occupancy arrangements.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

181-187 Chestnut St, Springfield, MA 01103

$1,880,000
11,628 sqft

Historic brick property combines three commercial spaces with eight one-bedroom apartments.

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Duplex with Third-Floor Bonus Space
Duplex with Third-Floor Bonus Space

35-37 Acorn St, Springfield, MA 01109

$489,900
2,110 sqft 0.09 AC lot

Two three-bedroom units are complemented by extra rooms and a full bath on the upper level.

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Duplex with Finished Attic
Duplex with Finished Attic

172-174 Euclid Ave, Springfield, MA 01108

$400,000
3,345 sqft 0.14 AC lot

Separate utility meters and gas heating serve the two residences.

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Two-Family Duplex with Garage
Two-Family Duplex with Garage

17-19 Trinity Terrace, Springfield, MA 01108

$405,000
2,602 sqft 0.12 AC lot

Two residential units include separate living and dining areas, with the second-floor unit vacant.

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Six-Unit Apartment Building
Six-Unit Apartment Building

82 Malden Street, Springfield, MA 01108

$765,000
6,309 sqft 0.13 AC lot

Six two-bedroom residences offer individually metered electricity and gas-fired forced-air heat.

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Two-Unit Duplex Property
Two-Unit Duplex Property

162 Northampton Ave, Springfield, MA 01109

$375,000
2,465 sqft 0.12 AC lot

Fully occupied duplex with distinct one- and two-level residences and R2 zoning.

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Updated Duplex with Historic Character
Updated Duplex with Historic Character

127-129 Thompson St., Springfield, MA 01109

$358,000
4,426 sqft 0.15 AC lot

Two residences feature finished third-floor areas, screened porches, and a detached garage.

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Duplex Property with Detached Garage
Duplex Property with Detached Garage

173-175 Johnson Street, Springfield, MA 01108

$639,900
3,300 sqft

Two rented homes and a multi-door garage building provide residential income space with additional storage and parking.

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Two-Family Duplex with Flexible Layout
Two-Family Duplex with Flexible Layout

157-159 Trafton Rd, Springfield, MA 01108

$244,900
3,243 sqft 0.15 AC lot

Occupied R2-zoned duplex near Forest Park with updated exterior and interior improvements.

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Duplex with Three-Car Garage
Duplex with Three-Car Garage

21 - 23 Olmsted Dr, Springfield, MA 01108

$364,900
3,141 sqft 0.20 AC lot

Two-unit property with separate utilities, hardwood flooring, replacement windows, and flexible owner-occupant or rental use.

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16-Unit Apartment Building
16-Unit Apartment Building

120-122 Central St, Springfield, MA 01105

$2,000,000
11,260 sqft

Offers one- and two-bedroom apartments within a single multifamily asset.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

278-280 Page Blvd, Springfield, MA 01104

$319,900
2,106 sqft 0.11 AC lot

R2-zoned duplex with two-bedroom residences, gas heat, appliances, and additional off-street parking.

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Two-Unit Duplex Property
Two-Unit Duplex Property

1045-1047 Worcester St, Springfield, MA 01151

$284,900
2,720 sqft 0.34 AC lot

R2-zoned duplex with off-street parking and two residential units configured for rental use.

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6-Unit Mixed-Use Property
6-Unit Mixed-Use Property

298-302 Belmont Avenue, Springfield, MA 01108

$749,900
6,415 sqft

Renovated building combines four apartments with two occupied commercial suites and private off-street parking.

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Duplex with Fenced Yard
Duplex with Fenced Yard

32 Wendell Pl, Springfield, MA 01105

$360,000
3,278 sqft 0.10 AC lot

Two-family property with fenced outdoor areas and R3 zoning.

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Two-Unit Duplex With Detached Garage
Two-Unit Duplex With Detached Garage

77-79 Firglade Ave, Springfield, MA 01108

$499,900
4,723 sqft

Vacant duplex with separate gas and electric metering, front porches, a paved drive, and full-basement storage.

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Four-Unit Residential Property
Four-Unit Residential Property

27 Loring St, Springfield, MA 01105

$569,900
5,880 sqft

A 4-family with gas heating, spacious 2-bedroom units, and a vacant unit ready for a new tenant or owner.

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Side-by-Side Duplex with Deck
Side-by-Side Duplex with Deck

241-243 Nottingham Street, Springfield, MA 01104

$325,000
1,764 sqft

Two separately serviced residences include laundry hookups, private storage, and rear off-street parking.

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Multifamily Property with Finished Basement
Multifamily Property with Finished Basement

67 Thompson Street, Springfield, MA 01109

$490,000
3,460 sqft

A vacant ground floor and an occupied upper level provide distinct residential occupancy arrangements.

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Vacant Two-Unit Duplex
Vacant Two-Unit Duplex

249-251 College Street, Springfield, MA 01109

$375,000
2,404 sqft

Delivered vacant at closing, this duplex offers separate living spaces with oil heating and individual electric hot water tanks.

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Six-Bedroom Duplex with Garage
Six-Bedroom Duplex with Garage

17-19 Trinity Ter, Springfield, MA 01108

$405,000
2,896 sqft

Two residential units feature a full basement, enclosed porch, off-street parking, and a storage shed.

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Springfield, MA Multifamily Properties Market Trends and Statistics

Explore 106 multifamily properties for sale in Springfield, MA, showcased through 106 active listings on our real estate platform. These investment opportunities span a total of 464,450 square feet of properties for sale, with an estimated market value of $58,285,686.

Sale prices for multifamily properties in Springfield, MA start at $179,900, averaging $565,880, and reaching up to $11,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 68
Triplexes 20
Apartment buildings 10
Quadplexes 4

Demographics Overview

Population 171K
Population Growth (5Y) +1.4%
Median Household Income $60,860
College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Indian Orchard - 01151 $391.7K
Springfield - 01103 $589K

Taxes & Financing

Tax Rate (average for all types) 3.26%
Property Tax per SF $40.45 per SF
Tax Rate vs County Average 0.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hampden County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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