Multifamily

Westfield, MA Multifamily Properties for Sale

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Southwick, MA West Springfield, MA Southampton, MA Feeding Hills, MA Holyoke, MA Chicopee, MA Springfield, MA Granby, CT
6 properties
Renovated 6-Unit Apartment Building
Updated: Sep 30
Renovated 6-Unit Apartment Building

4 Phelps Ave, Westfield, MA 01085

$769,000
5,065 sqft
Six apartments totaling 5,065 square feet; the property is fully vacant
Unit mix includes two one‑bedroom apartments, three two‑bedroom apartments, and one 2+ bedroom loft
Separate utilities, with electrical panels and water heaters located in the apartments
In‑unit laundry hookups; kitchens feature stainless steel appliances
R1 zoning; Westfield municipal utilities and high‑speed internet access
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Two-Unit Duplex with Laundry
Updated: Sep 23
Two-Unit Duplex with Laundry

10 Lewis Street, Westfield, MA 01085

$399,999
2,708 sqft
2,708‑square‑foot duplex with two apartments, each offering 2 bedrooms and 1 full bathroom
In‑unit laundry in both units; natural gas heat on the first floor and electric heat on the second
Updated electrical systems in both apartments; most windows have been replaced
Second‑floor unit has new flooring, fresh paint, attic storage, and may be vacant at closing
Off‑street parking for approximately four vehicles and a fenced backyard
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Two-Story Duplex Residence
Two-Story Duplex Residence

472 Russell Rd, Westfield, MA 01085

$479,000
1,764 sqft 0.61 AC lot

Four-bedroom duplex with multiple full and half bathrooms and substantial outdoor space on a residential lot.

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Duplex with Updated Kitchens
Duplex with Updated Kitchens

5 Princeton St, Westfield, MA 01085

$499,000
3,700 sqft

Two residential units feature renovated baths, stainless steel appliances, and in-unit laundry.

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Three-Family Residential Income
Three-Family Residential Income

155 Main St, Westfield, MA 01085

$475,000
4,378 sqft

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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Five-Unit Apartment Building
Five-Unit Apartment Building

25 Leonard Ave, Westfield, MA 01085

$625,000

Five-unit property with refreshed vacant apartments, separate utilities, parking, and a two-car garage.

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

79-81 Garden St, West Springfield, MA 01089

$389,900
2,484 sqft 0.11 AC lot

Corner-lot property with fenced yard sections and one vacant unit.

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

79-81 Garden Street, West Springfield, MA 01089

$389,900
2,484 sqft

Three-bedroom units offer fenced yard areas, corner-lot positioning, and garage access.

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Three-Level Duplex with Garage
Three-Level Duplex with Garage

96-98 Walnut St, Agawam, MA 01001

$559,000

Two-family property with flexible living areas, separate utilities, and basement laundry facilities.

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Studio Apartment Building
Studio Apartment Building

21 Dwight, Agawam, MA 01001

$2,376,250

Income-producing multifamily property with upgraded interiors, outdoor decking, and on-site coin-operated laundry equipment.

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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 17,615 square feet of properties for sale, with an estimated market value of $3,246,999.

Sale prices for multifamily properties in Westfield, MA start at $399,999, averaging $541,166, and reaching up to $769,000 — 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 3
Apartment buildings 2
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 $500.6K

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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