Springfield, MA Residential Income Properties for Sale

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Chicopee, MA West Springfield, MA Agawam, MA

69 properties

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Updated: Jun 11

Two-Unit Residential Income Property

278-280 Page Blvd, Springfield, MA 01104

$319,900

2,106 sqft · 0.11 AC lot

Two‑family home built in 1925 with two 2‑bedroom units (6 total bedrooms listed).
Each unit features hardwood floors, a bright living room, gas heat, and a sun‑filled dining room.
Fully rented property, including a tenant in place for over 25 years (as stated).
Two‑car garage plus additional off‑street parking.
Located one traffic light from Highway 291 for convenient commuting.

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This listing looks promising.

Here's a quick look at some key insights for

278-280 Page Blvd, Springfield, MA 01104

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$28K
Annual
Price @ 7% Cap

$396K
Above asking
Property Type

Duplex
Built 1925

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Updated: May 30

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 with a brand‑new roof installed in 2025
Second- and third‑floor units improved with new flooring and updated bathrooms
Kitchens on the improved units include new custom cabinetry, new countertops, a range, and a refrigerator
Unit layout: 1st and 2nd floors have three bedrooms total; 3rd floor has 2 bedrooms
Separate utilities for each unit; forced‑air gas heat on lower floors and electric heat on the third floor

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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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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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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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New Construction Duplex in Springfield

63-65 Euclid Ave, Springfield, MA 1108

$539,900

2,560 sqft

New construction duplex in Forest Park area of Springfield.

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Updated Three-Family Residence

42 Hall St, Springfield, MA 1108

$425,000

3,432 sqft

Updated three-family with separate utilities, improved units, and a 2025 roof ideal for investors or owner-occupants.

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Spacious Multifamily Property Near Adams Park

283 Wilbraham Rd, Springfield, MA 1109

$205,000

3,000 sqft

Two-unit multifamily property with potential for a third unit.

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Turnkey Three-Family Investment Property

1584 Dwight St, Springfield, MA 1107

$445,000

4,144 sqft

Meticulously maintained three-family with immediate income potential in Springfield.

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Two-Unit Residential Income Property

278-280 Page Blvd, Springfield, MA 1104

$319,900

Well-kept duplex with two leased two-bedroom units, hardwood floors, gas heat, and a two-car garage.

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Renovated Two-Family Home

12-14 Carver Street, Springfield, MA 1108

$465,900

2,698 sqft

Fully renovated two-family home with modern updates and timeless character.

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Springfield Two-Family Home with Updates

540-542 Union St, Springfield, MA 1109

$369,900

0.38 AC lot

Updated two-family home in Springfield, ready for immediate enjoyment.

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Residential Triplex with In-Unit Laundry

363 White St, Springfield, MA 1108

$299,900

Three-level multifamily home with in-unit laundry and multiple bedroom configurations for flexible occupancy.

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New Construction Duplex in Springfield

63-65 Euclid Avenue, Springfield, MA 1108

$539,900

2,560 sqft

New construction duplex in Forest Park area, Springfield, MA.

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Well-Maintained Two-Family Investment Property

907-909 Liberty Street, Springfield, MA 1104

$349,900

2,328 sqft

Two-family property with long-term tenants and potential for expansion.

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2022 Duplex with Modern Finishes

29-31 Willard Ave, Springfield, MA 1109

$549,900

Newly built duplex offers two 4-bedroom units with modern systems and finishes for flexible owner-occupant or rental use.

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Historic District Two-Family Home

26-28 Cherryvale Avenue, Springfield, MA 1108

$489,900

5,222 sqft

Two spacious units, perfect for owner-occupancy in historic district.

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Fully Occupied Three-Family Property

68-72 Mooreland St, Springfield, MA 1104

$415,000

3,405 sqft

Three-family property with separate utilities, close to amenities.

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Spacious Updated Springfield Two-Family Home

46-48 Suffolk Street, Springfield, MA 1109

$455,000

2,661 sqft

Updated two-family home in Springfield with flexible living arrangements.

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Two-Family Home Investment Opportunity

70-72 E Alvord St, Springfield, MA 1108

$369,900

Well-maintained two-family home with income potential and recent improvements.

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Well-Maintained Springfield Triplex

890-892 Saint James Ave, Springfield, MA 1104

$525,000

Three-unit property with strong income potential in a convenient location.

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Income Property Near Hospitals

35-37 Narragansett St, Springfield, MA 1107

$375,000

2,440 sqft

Multifamily property near hospitals, shopping, and schools.

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Income-Producing Duplex Near Hospitals

35-37 Narragansett St, Springfield, MA 1107

$395,000

Renovated duplex near amenities, ideal for investors.

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Spacious Multifamily Home with Updates

195-197 Orange St, Springfield, MA 1108

$429,900

Well-maintained multifamily home with updates, ideal for investors or owners.

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Springfield, MA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Springfield, MA, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 119,063 square feet of properties for sale, with an estimated market value of $17,809,095.

Sale prices for residential income properties in Springfield, MA start at $205,000, averaging $404,752, and reaching up to $689,000 — 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

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	$597.9K

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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Springfield, MA Residential Income Properties for Sale

278-280 Page Blvd, Springfield, MA 01104

42 Hall St, Springfield, MA 01108

32 Wendell Pl, Springfield, MA 01105

1045-1047 Worcester St, Springfield, MA 01151

19-21 Wedgewood Cir, Springfield, MA 01129

63-65 Euclid Ave, Springfield, MA 1108

42 Hall St, Springfield, MA 1108

283 Wilbraham Rd, Springfield, MA 1109

1584 Dwight St, Springfield, MA 1107

278-280 Page Blvd, Springfield, MA 1104

12-14 Carver Street, Springfield, MA 1108

540-542 Union St, Springfield, MA 1109

363 White St, Springfield, MA 1108

63-65 Euclid Avenue, Springfield, MA 1108

907-909 Liberty Street, Springfield, MA 1104

29-31 Willard Ave, Springfield, MA 1109

26-28 Cherryvale Avenue, Springfield, MA 1108

68-72 Mooreland St, Springfield, MA 1104

46-48 Suffolk Street, Springfield, MA 1109

70-72 E Alvord St, Springfield, MA 1108

890-892 Saint James Ave, Springfield, MA 1104

35-37 Narragansett St, Springfield, MA 1107

35-37 Narragansett St, Springfield, MA 1107

195-197 Orange St, Springfield, MA 1108

Springfield, MA Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Popular Searches in Springfield, MA

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Most Searched ZIP Codes in Springfield, MA

Springfield, MA Residential Income Properties for Sale

278-280 Page Blvd, Springfield, MA 01104

42 Hall St, Springfield, MA 01108

32 Wendell Pl, Springfield, MA 01105

1045-1047 Worcester St, Springfield, MA 01151

19-21 Wedgewood Cir, Springfield, MA 01129

63-65 Euclid Ave, Springfield, MA 1108

42 Hall St, Springfield, MA 1108

283 Wilbraham Rd, Springfield, MA 1109

1584 Dwight St, Springfield, MA 1107

278-280 Page Blvd, Springfield, MA 1104

12-14 Carver Street, Springfield, MA 1108

540-542 Union St, Springfield, MA 1109

363 White St, Springfield, MA 1108

63-65 Euclid Avenue, Springfield, MA 1108

907-909 Liberty Street, Springfield, MA 1104

29-31 Willard Ave, Springfield, MA 1109

26-28 Cherryvale Avenue, Springfield, MA 1108

68-72 Mooreland St, Springfield, MA 1104

46-48 Suffolk Street, Springfield, MA 1109

70-72 E Alvord St, Springfield, MA 1108

890-892 Saint James Ave, Springfield, MA 1104

35-37 Narragansett St, Springfield, MA 1107

35-37 Narragansett St, Springfield, MA 1107

195-197 Orange St, Springfield, MA 1108

Springfield, MA Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Popular Searches in Springfield, MA

Popular Categories

Most Searched ZIP Codes in Springfield, MA

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