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    Westfield, MA
    Multifamily

    Westfield, MA Multifamily Properties for Sale

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    Southwick, MA West Springfield, MA Russell, MA Feeding Hills, MA Holyoke, MA Southampton, MA Springfield, MA Chicopee, MA
    6 properties
    Duplex with Updated Kitchens
    Updated: Jul 18
    Duplex with Updated Kitchens

    5 Princeton Street, Westfield, MA 01085

    $499,000
    3,700 sqft
    3,700‑square‑foot duplex at 5 Princeton Street, Westfield, MA 01085
    Second‑floor unit is vacant and ready for occupancy
    First‑floor unit scheduled to be vacant by mid‑August
    Updated kitchens with stainless steel appliances and renovated baths
    In‑unit laundry in both residential units
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    This listing looks promising.

    Here's a quick look at some key insights for

    5 Princeton Street, Westfield, MA 01085

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $642K
      Above asking

    • Property Type

      Duplex
      Built 1810
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    Renovated Duplex With Finished Attics
    Updated: Jul 24
    Renovated Duplex With Finished Attics

    34 W School Street, Westfield, MA 01085

    $525,000
    4,840 sqft
    4,840‑square‑foot duplex built in 1893
    One vacant unit renovated with hardwood floors, new appliances, and an open layout
    Vacant unit includes five bedrooms, two full bathrooms, laundry hookups, and a bonus room
    Second unit is occupied and includes a finished attic with a primary bedroom
    Separate owner and tenant utility meters with forced‑air natural gas heating
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    Side-by-Side Two-Family Home
    Side-by-Side Two-Family Home

    21 South Street, Westfield, MA 01085

    $329,900
    2,496 sqft 0.62 AC lot

    Side-by-side two-family residence on a large lot with wood floors, multiple living areas, and a walk-up attic.

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    Deleaded Two-Family Rental
    Deleaded Two-Family Rental

    33 Noble St, Westfield, MA 01085

    $399,000
    2,841 sqft

    Deleaded two-family with vacant first floor, two bedrooms per unit, and finished attic space for the second unit.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Family Residential Income
    Three-Family Residential Income

    155 Main St, Westfield, MA 01085

    $475,000

    Three-unit property with two 3-bedroom units and one 2-bedroom unit, each with in-unit laundry hookups and separate utilities.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    16 Day Ave, Westfield, MA 01085

    Contact for pricing

    Four-unit multifamily property available for sale as a residential income asset.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Westfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Multi-Family Building
    Two-Story Multi-Family Building

    438 Springfield, Agawam, MA 01001

    $1,950,000
    7,680 sqft 0.31 AC lot

    Two-story multifamily property with 16 bedrooms and 16 full bathrooms, fully rented and updated with heat pumps in all units.

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    Two-Story Apartment Building
    Two-Story Apartment Building

    438 Springfield, Agawam, MA 01001

    $1,885,000
    7,680 sqft 0.31 AC lot

    Fully rented apartment property with new heat pumps serving every unit.

    View details
    Four-Family Residential Income Property
    Four-Family Residential Income Property

    64-66 Front Street, Chicopee, MA 01013

    $599,900
    4,080 sqft

    Four-unit multifamily on a corner lot with off-street parking and one remodeled vacant unit.

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    Nine-Unit Multifamily Building
    Nine-Unit Multifamily Building

    48 West St, Chicopee, MA 01013

    Contact for pricing

    Nine fully rented apartments consisting of seven three-bedroom units and two two-bedroom units.

    View details

    Westfield, MA Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Westfield, MA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 13,877 square feet of properties for sale, with an estimated market value of $2,227,900.

    Sale prices for multifamily properties in Westfield, MA start at $329,900, averaging $445,580, and reaching up to $525,000 — 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 4
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) -1.1%
    Median Household Income $83,821
    College Educated 22.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01085 $410.4K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $57.14 per SF
    Tax Rate vs County Average 0.19 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)

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