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    Westfield, MA
    Residential Income

    Westfield, MA Residential Income Properties for Sale

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    Duplex with Updated Kitchens
    Updated: Jul 26
    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: Aug 2
    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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    Three-Story Mixed-Use Investment Building
    Three-Story Mixed-Use Investment Building

    205 Elm Street, Westfield, MA 01085

    $439,900
    5,394 sqft

    Three-story building with a fully equipped first-floor restaurant space and residential units above generating rental income.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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 15 Potential Opportunities for your consideration. Besides 7 Active listings in Westfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    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.

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    Duplex Property with Development Plan
    Duplex Property with Development Plan

    917 Elm Street, West Springfield, MA 01089

    $595,000
    2,340 sqft 3.19 AC lot

    Existing two-family home with matching 3-bedroom units, separate utilities, and a rare 3-car garage on 3.19 acres.

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    Condominium Adjacent to Springfield CC
    Condominium Adjacent to Springfield CC

    36 Shady Brook 36, West Springfield, MA 01089

    $290,000
    1,714 sqft

    Meticulously maintained 2BR, 2.5BA condo with nearly 2200sqft living space.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Building Lot with Foundation
    Residential Building Lot with Foundation

    North Street lot: A, Agawam, MA 01030

    $149,900
    1.96 AC lot

    Build-ready lot with public utilities at the street and a 20-by-24 garage foundation already in place.

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    Southwick Land with Wooded Acres
    Southwick Land with Wooded Acres

    32 Sheep Pasture Rd., Southwick, MA 01077

    $110,000
    7.00 AC lot

    7 wooded acres near Congamond Lake and Southwick Rail Trail.

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    Granby Land: Build Your Paradise
    Granby Land: Build Your Paradise

    14 Peck Orchard Road, Granby, CT 06060

    $185,000
    6.19 AC lot

    Six-acre lot in Granby, CT, ready for custom home.

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    Longmeadow Building Lot Opportunity
    Longmeadow Building Lot Opportunity

    Dennis Rd, Longmeadow, MA 01106

    $350,000
    0.79 AC lot

    Prime Longmeadow lot for building a custom dream home.

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    Westfield, MA Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Westfield, MA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 19,271 square feet of properties for sale, with an estimated market value of $2,667,800.

    Sale prices for residential income properties in Westfield, MA start at $329,900, averaging $444,633, 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

    Multifamily properties 7
    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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