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Investment - Homes for Sale in Springfield, MA

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  • /39

    $659,000 Open Sun 12PM - 1:30PM

    • 6 Beds
    • 6 Baths
    • 6,144 Sq Ft

    427 Orange St, Springfield, MA 01108

    Great 6 unit investment property with gross rents of over $85K and rents expected to increase!! Fully rented now but will have 1 vacant unit as of 9/10. Professionally managed and clean building. Low maintenance units and they show very well. All large 1BR units with hardwood flooring. Gas heat for both 1st floor units and electric heat for the others. All units have gas cooking. Brand new

    Melinda Puzon MP Signature Realty LLC

    427 Orange St, Springfield, MA 01108
  • /23

    $425,000

    • 6 Beds
    • 2 Baths
    • 3,418 Sq Ft

    40 Rittenhouse Terrace, Springfield, MA 01108

    Do not miss the chance to view this well maintained 2 Family property on a gorgeous tree-lined street in Forest Park. Lovingly cared for by the same family for 30 years each level features: 3 bedrooms, kitchen, dining room and living room. Easy access to deep pantries off each kitchen make storage a breeze. There are working wood burning fireplaces in each unit for winter warmth & ambience..

    Linda Alston Landmark, REALTORS®

    40 Rittenhouse Terrace, Springfield, MA 01108
  • /8

    $325,000 Open Sat 12PM - 1PM

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    136 Joan St, Springfield, MA 01129

    Welcome home to this charming 3-bedroom, 1-bath ranch in a quiet neighborhood on the Wilbraham border! Step inside to find sun-filled living spaces with hardwood floors and windows throughout. The eat-in kitchen comes equipped with a fridge, electric range, and dishwasher, while three spacious bedrooms offer ample closet space. Enjoy an attached garage and large fenced-in yard—perfect for

    David Vilkhovoy VP Management

    136 Joan St, Springfield, MA 01129
  • /16

    $275,000

    • 6 Beds
    • 2 Baths
    • 1,788 Sq Ft

    145 Quincy St, Springfield, MA 01109

    Great Starter Home – Vacant two-family with 3 Bedrooms per Unit. Perfect for owner-occupants or savvy investors! This solid two-family home features two spacious five-room units, each offering three comfortable bedrooms, a full bath, a bright living room, and an eat-in kitchen—ideal for flexible living or generating rental income. The property is delivered fully vacant, giving you the freedom to

    Maher Khatib M B C REALTORS®

    145 Quincy St, Springfield, MA 01109
  • /39

    $469,900

    • 7 Beds
    • 6 Baths
    • 3,410 Sq Ft

    5 Grant St, Springfield, MA 01109

    Must check this 3 Family Home out with one car garage. This home is perfect for Owner Occupied or even just Investment. STCC is right around the corner and other are Colleges are in very close proximity. Two Units are occupied with very long term tenants. Vacant Unit Freshly painted with Hardwood Floors Throughout. Bulkhead just installed in May of 2025, One of the HW tanks just installed in

    Brandi Gamble-Eddington Naples Realty Group

    5 Grant St, Springfield, MA 01109
  • /41

    $2,499,000

    • 32 Beds
    • 22 Baths
    • 22,316 Sq Ft

    41 Belmont Ave, Springfield, MA 01108

    I am excited to introduce this tremendous investment opportunity in the heart of the historic Forest Park. The Property enjoys strong historical occupancy and has undergone renovations to most of the units leaving room for additional rent increases, already grossing over $258,000 annually the building offers a remarkable 22-unit property with a substantial 22,316 square feet of living space.

    David Thompson Stuart St James, Inc.

    41 Belmont Ave, Springfield, MA 01108
  • /40

    $399,900

    • 4 Beds
    • 4 Baths
    • 1,710 Sq Ft

    37-39 Porter St, Springfield, MA 01104

    Nestled on a dead-end street in a peaceful cul-de-sac, this well-maintained 1988-built duplex offers the perfect blend of comfort, convenience, and investment potential. Owner occupy one unit and rent the other, or add a strong asset to your investment portfolio. The vacant unit is move-in ready, featuring updated floors, refreshed kitchen countertops, new stainless steel appliances, and even

    Judy Nevarez Berkshire Hathaway HomeServices Realty Professionals

    37-39 Porter St, Springfield, MA 01104
  • /25

    $385,000

    • 3 Beds
    • 1.5 Baths
    • 2,329 Sq Ft

    32 Marsden St, Springfield, MA 01109

    Looking to build equity, collect rental income and move right in? Come check out this rare NEWLY zoned multi family located in Pine Point neighborhood that sits as a great investment & offers a unique opportunity to own a property w/ character in a bygone era. Built in 1924, this property is move in ready 32 currently offers 3 spacious bedrooms 1.5 bathrooms, large dining/living room, GORGEOUS 4

    Genesis Arekeria Executive Real Estate, Inc.

    32 Marsden St, Springfield, MA 01109
  • /26

    $400,000

    • 4 Beds
    • 4 Baths
    • 2,400 Sq Ft

    6 Eton St, Springfield, MA 01108

    Excellent Investment Opportunity in Upper Forest Park! Don’t miss out on this well-maintained two-family home, perfect for owner-occupants or investors alike. The first-floor unit offers 4 spacious rooms, including 1 large bedroom, while the second-floor unit features 5 rooms with 2 generous bedrooms—ideal for maximizing rental income. This charming property boasts numerous updates and amenities

    Chris Buendo Berkshire Hathaway HomeServices Realty Professionals

    6 Eton St, Springfield, MA 01108
  • /42

    $489,987

    • 10 Beds
    • 4 Baths
    • 3,076 Sq Ft

    44-46 Calhoun St, Springfield, MA 01107

    Discover your next investment opportunity with this fully vacant multi-family property that's perfectly positioned for both seasoned investors and first-time house hackers. This charming duplex offers the ideal setup to live in one unit while generating rental income from the other. Each unit features five comfortable bedrooms and one and a half bathrooms, providing ample space for the whole

    Laurie Palatino Hampden Realty Center, LLC

    44-46 Calhoun St, Springfield, MA 01107
  • /27

    $425,000 Open Sun 12PM - 1:30PM

    • 6 Beds
    • 3 Baths
    • 2,848 Sq Ft

    68 Waverly St, Springfield, MA 01107

    Charming, Convenient and Great Investment are some of the adjectives to describe this three Family; Ideally located across the street from Baystate Hospital, near Restaurants, close to Highways and Interstate 91, this property offers a great opportunity for homeowners and investors. With stable rental income already in place? and good tenants, this property is perfect for investors or those

    Nelson Acosta Witman Properties, Inc.

    68 Waverly St, Springfield, MA 01107
  • /39

    $224,900

    • 3 Beds
    • 2 Baths
    • 1,752 Sq Ft

    33 Forest St, Springfield, MA 01108

    WELCOME HOME to this charming colonial that presents an array of unique features as well as plenty of living space! Bring your imagination and see the potential this classic Springfield property has to offer. BRAND NEW ROOF installed as of May 28th, 2025. Perfect for first time home buyers or those looking for an investment property. Conveniently located off of the E Columbus Exit near several

    Keira Jackson Keller Williams Realty

    33 Forest St, Springfield, MA 01108
  • /9

    $380,000

    • 2 Beds
    • 1.5 Baths
    • 2,468 Sq Ft

    914-916 Belmont Ave, Springfield, MA 01108

    Presenting a great investment opportunity at 914–916 Belmont Ave, Springfield, MA. This mixed-use duplex, built in 1922, offers 3,666 sq ft across two main units. The first floor features an updated office space ideal for commercial use, while the second floor offers a 2-bedroom, 1-bath residential unit. The third floor is partially renovated and currently offers additional space that could be

    Pablo Ottenwalder Premier Choice Realty, Inc.

    914-916 Belmont Ave, Springfield, MA 01108
  • /18

    $370,000

    • 6 Beds
    • 2 Baths
    • 2,468 Sq Ft

    910-912 Belmont Ave, Springfield, MA 01108

    Introducing a fantastic investment opportunity at 910-912 Belmont Ave, Springfield, MA. This well-maintained two family features two fully occupied units. Unit 910 offers 3 bedrooms and 1 bathroom, Unit 912 also has 3 bedrooms and 1 bathroom, providing a total of 6 bedrooms across 2,468 sq ft. Built in 1922 and situated on a 0.12-acre lot, the property blends classic charm with modern potential.

    Pablo Ottenwalder Premier Choice Realty, Inc.

    910-912 Belmont Ave, Springfield, MA 01108
  • /28

    $369,000

    • 8 Beds
    • 2 Baths
    • 3,278 Sq Ft

    32 Wendell Place, Springfield, MA 01105

    Prime Investment Opportunity in a Cul-de-Sac Location! This generously sized 2-family home offers strong income potential, with a delead-certified first-floor unit (3 bed, 1 bath—not shown in floor plans) and recent updates including newer air handlers and a newer roof. The property features a fenced-in back and side yard, perfect for tenants or outdoor storage. The third floor presents excellent

    Matthew Langlois Keller Williams Realty Signature Properties

    32 Wendell Place, Springfield, MA 01105
  • /38

    $550,000

    • 10 Beds
    • 4 Baths
    • 4,420 Sq Ft

    7 Kelly Place, Springfield, MA 01104

    Rare opportunity to own one of the few available 4-unit properties in the area! This well-maintained multi-family asset offers excellent rental income potential with four fully rentable units, making it ideal for investors or owner-occupants looking to generate steady cash flow. The property features strong occupancy history and room for value-add improvements to maximize returns. Another 4-unit

    Garey Allen Gallagher Real Estate

    7 Kelly Place, Springfield, MA 01104
  • /23

    $319,900

    • 4 Beds
    • 4 Baths
    • 1,764 Sq Ft

    28-30 Aster St, Springfield, MA 01109

    Investors take notice! This is your opportunity to own this fully occupied duplex in the Blunt Park Neighborhood of Springfield! Built in 1986, this house is completely lead free and ready for subsidized housing vouchers! Perfect investment opportunity for a first time investor or a seasoned property owner looking to add to their portfolio! Tenants are month to month, total rents are $2300 with

    Juvil Medina Naples Realty Group

    28-30 Aster St, Springfield, MA 01109
  • /21

    $595,000

    • 7 Beds
    • 6.5 Baths
    • 3,606 Sq Ft

    265 Union St, Springfield, MA 01105

    Prime Investment Opportunity!?Ideal for investors seeking a profitable multi-family rental property, this combined six-unit building offers the perfect blend of modern updates and historic charm. Featuring exposed brick accents, extensive renovations, and one vacant unit ready to lease, the property delivers strong rental appeal and long-term potential.Don’t miss your chance to own a turn-key

    Casey Commercial Group SR Commercial Realty

    265 Union St, Springfield, MA 01105
  • /18

    $420,000

    • 7 Beds
    • 3 Baths
    • 3,280 Sq Ft

    38 Belvidere St, Springfield, MA 01108

    This impeccably maintained two-family home offers the perfect blend of classic charm and modern convenience, nestled in desirable Forest Park near East Longmeadow. Both units boast gorgeous hardwood floors, updated kitchens with included appliances, and elegant formal dining rooms with built-in storage – plus the cozy ambiance of a fireplace. Enjoy the efficiency of natural gas heat, the

    Leslie Girand Real Broker MA, LLC

    38 Belvidere St, Springfield, MA 01108
  • /23

    $359,987

    • 4 Beds
    • 2 Baths
    • 1,880 Sq Ft

    50-52 Sycamore St, Springfield, MA 01109

    Your next investment opportunity awaits! Perfect for owner occupant or investor looking for great cash flow, this updated two family home has a freshly renovated vacant 2nd floor unit featuring a brand new kitchen with granite counters and gorgeous stainless steel appliances. This unit offers a light and bright color scheme throughout with an updated bath and sleek hardwood floors. All utilities

    Bill Nichols Hampden Realty Center, LLC

    50-52 Sycamore St, Springfield, MA 01109
  • /25

    $339,987

    • 6 Beds
    • 2 Baths
    • 2,592 Sq Ft

    392-394 Carew St, Springfield, MA 01104

    Your next investment opportunity awaits! Perfect for owner occupant or investor looking for great cash flow, this updated two family home is conveniently located near local hospitals with great highway access. The vacant second floor unit is recently updated and features gorgeous granite countertops and all new appliances. The generously sized pantry off to the side of the kitchen provides ample

    Bill Nichols Hampden Realty Center, LLC

    392-394 Carew St, Springfield, MA 01104
  • /40

    $389,000

    • 9 Beds
    • 3 Baths
    • 3,433 Sq Ft

    132 Alderman St, Springfield, MA 01108

    Turnkey 2-Family w/3rd-Floor Suite, Strong Investment Opportunity! Well-maintained two-family, 3-unit investment property. Recent updates include newer vinyl siding, energy-efficient vinyl windows, updated HVAC furnaces, newer hot water heater, remodeled bath & upgraded kitchens w/newer appliances. 2 of the 3 units are currently occupied. Investors have multiple options to maximize returns.

    Isadora Sarto eRealty Advisors, Inc.

    132 Alderman St, Springfield, MA 01108
  • /10

    $299,000

    • 6 Beds
    • 2 Baths
    • 2,058 Sq Ft

    49 Fremont St, Springfield, MA 01105

    Welcome to your next investment opportunity! This charming two-family home features two spacious 3-bedroom units, a brand-new roof, updated windows, and a beautifully renovated second unit. 1st floor unit now vacant! With plenty of off-street parking, easy access to the highway, and proximity to the casino and numerous amenities, this property is a fantastic investment waiting for you!

    New Homes Realty Group Gallagher Real Estate

    49 Fremont St, Springfield, MA 01105
  • /3

    $85,000

    • Land
    • 0.23 Acre
    • $369,565 per Acre

    W S Arnold Ave, Springfield, MA 01119

    Attention Investors & Developers!Don’t miss this fantastic opportunity to own a well-located single lot in a high-demand area near schools, shopping centers, restaurants, and other essential amenities. This lot offers great development potential for a new single-family home or investment property (buyer to verify zoning and use). Located in a convenient neighborhood with easy access to public

    Iam Tyrena Signature Realty

    W S Arnold Ave, Springfield, MA 01119
  • /21

    $369,000

    • 4 Beds
    • 2 Baths
    • 1,710 Sq Ft

    64-66 E Bay Path Terrace, Springfield, MA 01109

    Versatile Side-by-Side Duplex – Ideal for Investors or Owner-Occupants. Don’t miss this well-maintained side-by-side two-family property offering the perfect opportunity to live in one unit while collecting rent from the other—or add a solid asset to your investment portfolio. One unit is currently vacant and move-in ready, featuring 2 spacious bedrooms, 1 full bath, and recent updates including

    Kathryn Daviau Lock and Key Realty Inc.

    64-66 E Bay Path Terrace, Springfield, MA 01109
  • /7

    $850,000

    • Land
    • 2.27 Acres
    • $374,449 per Acre

    543 Boston Rd, Springfield, MA 01109

    Introducing a rare opportunity to acquire 11 parcels of land sold together as a bundle, offering endless potential for builders, developers, or investors looking to create a vibrant residential or mixed-use community.Situated in a prime location, these lots are located just minutes from local schools, shopping centers, public transportation, medical facilities, and major highways – making it the

    Iam Tyrena Signature Realty

    543 Boston Rd, Springfield, MA 01109
  • /30

    $375,000

    • 4 Beds
    • 4 Baths
    • 1,800 Sq Ft

    82-84 Cherrelyn St, Springfield, MA 01104

    Welcome to 82-84 Cherrelyn St, a fully occupied and well-maintained duplex in the heart of Springfield—perfect for investors seeking immediate cash flow! Each side features 2 spacious bedrooms, 1.5 bathrooms, a bright living room with hardwood floors, and an eat-in kitchen with ample cabinetry and tile flooring. Tenants enjoy private entrances, separate utilities, and off-street parking. The

    Josbel Nazario Signature Realty

    82-84 Cherrelyn St, Springfield, MA 01104
  • /42

    $925,000 Open Sun 2:30PM - 4PM

    • 18 Beds
    • 6 Baths
    • 10,240 Sq Ft

    15-19 Litchfield St, Springfield, MA 01108

    Massive 6 unit building located in a prime Forest Park area with gross rents of over $99K and rents expected to increase!! ! Large 3 bedroom units has a huge upside potential in rents. All units have been remodeled with some recent upgrades. Units have: Updated kitchens, newer flooring, hardwood floors and enclosed side porches . Rare 3 car bay garage with loft area can also provide

    Melinda Puzon MP Signature Realty LLC

    15-19 Litchfield St, Springfield, MA 01108
  • /9

    $489,000

    • 8 Beds
    • 4 Baths
    • 7,292 Sq Ft

    127 Dickinson St, Springfield, MA 01108

    MOTIVATED SELLER- Incredible opportunity you don't want to miss. Price Reduced!!! Build equity and cash flow: Owner - occupy one of four units and collect rent from three. This 4-unit multi-family house offers an exceptional chance for Investors/ owner-occupy seeking a prime location in the Forest Park area of Springfield. The 4-unit multi-family house features 10 rooms, 2 bedrooms per unit, and

    Abraham Sillah CFS Realty

    127 Dickinson St, Springfield, MA 01108
  • /14

    $170,000

    • 3 Beds
    • 1.5 Baths
    • 861 Sq Ft

    42 Queen St, Springfield, MA 01109

    Investor special! This well-maintained 3-bedroom, 1.5-bath colonial is being sold with a tenant in place, providing immediate cash flow from day one. The current tenant pays consistent rent, making this an ideal turn-key investment opportunity. Featuring classic colonial charm, spacious bedrooms, and a functional layout, this home has strong rental demand. Whether you're looking to expand your

    Ed Nunez NRG Real Estate Services, Inc.

    42 Queen St, Springfield, MA 01109
  • /4

    $415,000

    • 9 Beds
    • 3 Baths
    • 3,924 Sq Ft

    81-83 Beaumont St, Springfield, MA 01108

    INVESTORS WANTED!!!! Excellent investment opportunity. Well maintained, fully rented 3 family with vinyl siding, replacement windows. First Floor Unit has eat in kitchen, laundry in unit, 3 bedrooms and 1 bath. 2nd floor has 3 bedrooms, laundry in unit, kitchen and living room. Same floor plan on the 3rd floor except their laundry is in the kitchen, still 3 beds, living and eat in kitchen. The

    Don Thompson NextHome Elite Realty

    81-83 Beaumont St, Springfield, MA 01108
  • /14

    $1,195,000

    • 15 Beds
    • 14 Baths
    • 10,604 Sq Ft

    128 Mill St, Springfield, MA 01108

    Rare investment opportunity in the heart of Springfield! This 14 unit property offers a blend of historic character & modern functionality. The front building, built 1910, features 6 units with timeless charm including original woodwork & decorative fireplaces - plus a large, finished attic unit offering additional rental income potential. Connected at the rear, the 1975-built addition has 8

    Maddy Ceruti Century 21 AllPoints Realty

    128 Mill St, Springfield, MA 01108
  • /36

    $449,000

    • 8 Beds
    • 2 Baths
    • 3,520 Sq Ft

    69 Winter St, Springfield, MA 01105

    This downtown Springfield investment property offers a $5,500 monthly rent roll. The property consists of a joisted masonry building containing one 3BR apartment, one 5BR apartment, and nine individual garage bays that are rented at a monthly rate of $150 - $250. Apartments feature a sunroom, and the 5BR apartment also has an office. The apartments are bright with renovated kitchens and a

    Tim Thompson Timothy Thompson

    69 Winter St, Springfield, MA 01105
  • /21

    $429,000

    • 8 Beds
    • 3 Baths
    • 3,022 Sq Ft

    53-55 Andrew St, Springfield, MA 01109

    Your opportunity to own this updated two-family with plenty of space, strong income potential, and great features throughout. The first floor offers 3 bedrooms, hardwood floors and an updated kitchen and bathroom- combination of dining room and living room and brand new heating system. The second floor features 3 bedrooms on the main level, newer kitchen with tile floors and hardwood floors

    Marisol Franco Coldwell Banker Realty - Western MA

    53-55 Andrew St, Springfield, MA 01109
  • /29

    $299,900

    • 6 Beds
    • 2 Baths
    • 2,648 Sq Ft

    78-80 Shamrock St, Springfield, MA 01108

    Investment Opportunity Awaits! Do not miss your chance to purchase this classic and charming multifamily home located in the Forest Park section of Springfield. Each unit features 3 bedrooms along with an eat-in kitchen, dining room and living room set up in an open floor plan concept, perfect for tenants or owner occupants seeking comfort. Generate immediate cash flow as an investor or move into

    Ed Nunez NRG Real Estate Services, Inc.

    78-80 Shamrock St, Springfield, MA 01108
  • /26

    $319,900

    • 4 Beds
    • 2 Baths
    • 1,588 Sq Ft

    123 Pine St, Springfield, MA 01105

    Cash-flowing property with long-term tenants and professional property management in place—management is eager to continue servicing the new owner. The roof is approximately three years old.This sale includes two abutting lots zoned R2, presenting a prime opportunity for investors and developers. Leverage the steady rental income to offset holding costs while planning your next project. Total

    Irving Lora MIG

    123 Pine St, Springfield, MA 01105
  • /2

    $60,000

    • Land
    • 0.17 Acre
    • $352,941 per Acre

    LOT 3 N S Worthington St, Springfield, MA 01109

    PRICE REDUCTION!! Build your next INVESTMENT property or DREAM home on this exceptional residential lot located in Springfield, MA. This vacant parcel presents an opportunity for new construction in a well established community. The lot is zoned for single family residential use with potential of multi-family use. Don't miss the chance to own this buildable lot, start planning your future

    Ryan Brown Naples Realty Group

    LOT 3 N S Worthington St, Springfield, MA 01109

Home Trends in Springfield, MA

Housing Trends

Median Sale Price
$291,000
Median Single Family Sale Price
$300,000
Median Townhouse Sale Price
$257,000
Median 2 Bedroom Sale Price
$206,000
Median 1 Bedroom Sale Price
$185,750
Average Price Per Sq Ft
$215
Number of Homes for Sale
141
Last 12 months Home Sales
966
Months of Supply
1.80
Median List Price
$289,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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