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    Springfield, MA Multifamily Properties for Sale

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    Chicopee, MA West Springfield, MA Agawam, MA East Longmeadow, MA Holyoke, MA Ludlow, MA Longmeadow, MA Wilbraham, MA
    112 properties
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    Renovated 2-Family Home
    Updated: Jul 12
    Renovated 2-Family Home

    282 White St, Springfield, MA 01108

    $535,000
    3,560 sqft 0.13 AC lot
    Fully vacant, move‑in ready legal 2‑family home with finished 3rd‑floor addition
    3rd‑floor addition adds 3 bedrooms, dining area, and a full bath with stand‑up shower
    Completely renovated with brand new kitchens and updated bathrooms
    Renovations include new flooring, fresh paint, updated electrical and plumbing, replacement windows, and spacious closets
    New roof in 2025; new water and gas meters; two New Yorker gas boilers
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    This listing looks promising.

    Here's a quick look at some key insights for

    282 White St, Springfield, MA 01108

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $670K
      Above asking

    • Property Type

      Triplex
      Built 1905
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    Two-Family Residential Income Duplex
    Updated: Jul 12
    Two-Family Residential Income Duplex

    127-129 Thompson St., Springfield, MA 01109

    $429,000
    4,426 sqft 0.15 AC lot
    Two‑family home built in 1897 in the Historic McKnight District of Springfield
    Each unit separated by its own brick firewall for privacy
    Original hardwood floors and exposed brick, plus screened porches on the property
    Recent updates include updated electrical service, 2008 roof, newer boiler, and freshly painted exterior
    Finished third‑floor space provides extra flexibility for expanded living areas
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    Vacant Three-Family Income Property
    Vacant Three-Family Income Property

    116-118 Massasoit St, Springfield, MA 01107

    $480,000
    4,142 sqft 0.11 AC lot

    Legal three-family property with updated kitchens and baths, separately metered utilities, and circuit breaker panels.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    683-687 State St, Springfield, MA 01109

    $1,675,000
    11,250 sqft

    Mixed-use building with 15 residential apartments and 2 commercial spaces, including vacancies and recently updated units.

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    Side-by-Side Duplex with Single-Level Layout
    Side-by-Side Duplex with Single-Level Layout

    47-49 Farragut St, Springfield, MA 01104

    $285,000
    1,248 sqft 0.20 AC lot

    Ranch-style duplex built in 1942 features two occupied one-bedroom, one-bath units.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    278-280 Page Blvd, Springfield, MA 01104

    $319,900
    2,106 sqft 0.11 AC lot

    Well-maintained two-family home with two 2-bedroom units, gas heat, hardwood floors, and off-street parking.

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    Updated Three-Family Home in Springfield
    Updated Three-Family Home in Springfield

    42 Hall St, Springfield, MA 01108

    $425,000
    3,432 sqft 0.11 AC lot

    Updated three-family property near Forest Park, ideal for investors.

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    Four-Family Residential Income Property
    Four-Family Residential Income Property

    128-130 Kensington Ave, Springfield, MA 01108

    $549,999
    7,056 sqft

    Four spacious 3-bedroom units, with two currently occupied and two vacant for additional rental income potential.

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    Multi-Family Home on Cul-de-Sac
    Multi-Family Home on Cul-de-Sac

    19-21 Wedgewood Cir, Springfield, MA 01129

    $399,000
    2,488 sqft 0.20 AC lot

    Multi-family home ideal for multi-generational living or income.

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    Springfield Two-Family Investment Opportunity
    Springfield Two-Family Investment Opportunity

    1045-1047 Worcester St, Springfield, MA 01151

    $284,900
    2,720 sqft 0.34 AC lot

    Two-family property with strong rental potential near amenities.

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    Historic Firehouse Mixed-Use Building
    Historic Firehouse Mixed-Use Building

    1043 Sumner Avenue, Springfield, MA 01118

    $599,999
    4,000 sqft

    Renovated historic firehouse with a residential unit upstairs and a ground-floor commercial unit; high ceilings and large windows.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    32 Wendell Pl, Springfield, MA 01105

    $360,000
    3,278 sqft 0.10 AC lot

    Two-unit residential income property in Springfield offers fenced outdoor space and potential third-unit conversion.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    127-129 Thompson St., Springfield, MA 01109

    $469,000
    4,426 sqft

    Two independently separated residences with updated systems, a third-floor finished area, screened porches, and a detached two-car garage.

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    Legal Three-Family Residential Property
    Legal Three-Family Residential Property

    116-118 Massasoit St, Springfield, MA 01107

    $480,000
    4,142 sqft

    Legal three-family with updated kitchens and bathrooms, individually metered gas and electric, and three gas hot water tanks.

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    Duplex with Vacant Second Floor
    Duplex with Vacant Second Floor

    17-19 Howes St, Springfield, MA 01118

    $399,900
    2,612 sqft

    Duplex built in 1929 with a tenant-occupied unit and a vacant second-floor 3-bedroom unit with remodeled bath.

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    Updated Eight-Unit Brick Building
    Updated Eight-Unit Brick Building

    242 Fort Pleasant Avenue, Springfield, MA 01108

    $1,150,000
    12,540 sqft

    Professionally managed eight-unit brick multifamily property extensively updated in 2023 with major electrical, plumbing, and heating replacements.

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    Renovated Vacant Duplex Home
    Renovated Vacant Duplex Home

    128 Woodmont St, Springfield, MA 01104

    $419,900
    1,715 sqft

    Completely vacant duplex renovated with new roof, siding, windows, doors, and fully updated interior systems.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    22-24 Sorrento St, Springfield, MA 01108

    $495,000
    2,368 sqft

    Fully occupied two-family home with two 3-bedroom, 2.5-bath units plus off-street parking and a shared backyard.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    61-63 Acushnet Ave, Springfield, MA 01105

    $340,000
    3,000 sqft

    Well-maintained two-family with individual utilities, off-street parking for up to three, and a vacant second-floor unit.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    1386-1388 Worcester St, Springfield, MA 01151

    $429,000
    1,886 sqft

    Two-family property with two porches, off-street rear parking, and an unfinished walk-up third floor for added space.

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    Springfield Two-Family Home with Updates
    Springfield Two-Family Home with Updates

    540-542 Union St, Springfield, MA 01109

    $369,900
    1,920 sqft 0.38 AC lot

    Updated two-family home in Springfield, move-in ready and spacious.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    36-38 Belvidere Street, Springfield, MA 01108

    $430,000
    3,280 sqft

    Move-in-ready two-family with hardwood floors, updated kitchens (appliances included), fireplaces, and off-street parking.

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    Rented Two-Family Duplex
    Rented Two-Family Duplex

    634-636 Dickinson Street, Springfield, MA 01108

    $380,000
    2,448 sqft

    Rented two-family duplex with vinyl siding and multiple window replacements in Springfield’s Forest Park area.

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    Owner-Occupied Two-Family Home
    Owner-Occupied Two-Family Home

    65-67 Ardmore St, Springfield, MA 01104

    $349,900
    2,168 sqft

    Two updated, owner-occupied units offer separate utilities, basements with laundry hook-ups, and porches with a fenced backyard.

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    Springfield, MA Multifamily Properties Market Trends and Statistics

    Explore 112 multifamily properties for sale in Springfield, MA, showcased through 112 active listings on our real estate platform. These investment opportunities span a total of 307,776 square feet of properties for sale, with an estimated market value of $63,379,697.

    Sale prices for multifamily properties in Springfield, MA start at $165,000, averaging $597,921, 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 81
    Triplexes 19
    Apartment buildings 16
    Quadplexes 2
    Short term rental properties 1

    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 $389.5K
    Springfield $604.3K

    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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    Most Searched ZIP Codes in Springfield, MA

    • 01108
    • 01109
    • 01104
    • 01105
    • 01107
    • 01151
    • 01118
    • 01119
    • 01129

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