Springfield, MA Residential Income Properties for Sale

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Chicopee, MA West Springfield, MA Agawam, MA East Longmeadow, MA Holyoke, MA Ludlow, MA Wilbraham, MA South Hadley, MA

112 properties

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Updated: Sep 20

Duplex with Three-Car Garage

21 - 23 Olmsted Dr, Springfield, MA 01108

$364,900

3,141 sqft 0.20 AC lot

Two‑unit duplex with 3,141 square feet of living area
First‑floor unit is vacant; second‑floor unit is occupied
Three‑car garage, driveway, and additional parking area
Separate boilers, electric panels, and hot water heaters for each unit
Finished third‑floor walk‑up attic includes a bedroom, storage, and walk‑in closet

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Updated: Jul 12

Updated Duplex with Historic Character

127-129 Thompson St., Springfield, MA 01109

$359,000

4,426 sqft 0.15 AC lot

4,426‑square‑foot duplex on a 0.147‑acre lot
Six bedrooms and five bathrooms across two residences
Detached two‑car garage and expansive backyard
Finished third‑floor areas and multiple screened porches
Updated electrical service, 2008 roof, and newer boiler

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Two-Family Property with Garage

17-19 Trinity Terrace, Springfield, MA 01108

$405,000

2,602 sqft 0.12 AC lot

Two residential units with flexible layouts, basement storage, enclosed porch, and off-street parking.

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Renovated Mixed-Use Building

181-187 Chestnut St, Springfield, MA 01103

$1,980,000

11,628 sqft

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

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Two-Unit Duplex with Garage

37-39 Upland St, Springfield, MA 01104

$399,900

2,174 sqft 0.12 AC lot

Separate three-bedroom residences include updated kitchens and baths, and the upper unit is vacant.

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Renovated Two-Family Duplex

172-174 Euclid Ave, Springfield, MA 01108

$420,000

3,345 sqft 0.14 AC lot

R2-zoned property with individually metered utilities and flexible layouts across two residential units.

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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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Duplex Property with Detached Garage

173-175 Johnson Street, Springfield, MA 01108

$649,900

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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Multifamily Property with Basement

66-68 Miller Street, Springfield, MA 01104

$399,000

2,484 sqft 0.11 AC lot

Two-level unit arrangement with six bedrooms, two bathrooms, and public water and sewer service.

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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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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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Vacant Triplex With Updated Interiors

116-118 Massasoit St, Springfield, MA 01107

$480,000

4,142 sqft 0.11 AC lot

Three separately metered units include refreshed kitchens, bathrooms, and independent gas and electric utility responsibility.

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Ranch-Style Side-by-Side Duplex

47-49 Farragut St, Springfield, MA 01104

$285,000

1,248 sqft 0.20 AC lot

Single-level duplex with two one-bedroom, one-bath residences and existing tenant occupancy.

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Historic Firehouse Mixed-Use Building

1043 Sumner Ave, 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-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

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

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

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

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

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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Two-Unit Duplex with Separate Utilities

52-54 Reed St, Springfield, MA 01109

$474,999

1,920 sqft

Owner-occupant or investor property with two three-bedroom units, private basements, and off-street parking.

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Historic Duplex with Detached Garage

127-129 Thompson St., Springfield, MA 01109

$359,000

4,426 sqft

Two residences include finished third-floor areas, screened porches, and separate brick firewalls.

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Two-Family Duplex with Garage

21 - 23 Olmsted Dr, Springfield, MA 01108

$364,900

3,141 sqft

Two residential units offer separate boilers, electrical panels, and hot water heaters, with the first floor scheduled to be vacant.

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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 Residential Income Properties Market Trends and Statistics

Explore 112 residential income properties for sale in Springfield, MA, showcased through 112 active listings on our real estate platform. These investment opportunities span a total of 481,027 square feet of properties for sale, with an estimated market value of $60,584,331.

Sale prices for residential income properties in Springfield, MA start at $150,000, averaging $566,208, 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

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	$581.1K

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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