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Investment - Homes for Sale in Springfield, MA

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  • /12

    $339,000

    • 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, 2025 full exterior paint job. The property features a fenced-in back and side yard, perfect for tenants or outdoor storage. The

    Matthew Langlois Keller Williams Realty Signature Properties

    32 Wendell Place, Springfield, MA 01105
  • /22

    $349,900

    • 4 Beds
    • 2 Baths
    • 1,820 Sq Ft

    746-748 Alden St, Springfield, MA 01109

    Perfect for investors OR owner occupants!!! Quaint and full of charm, this well-maintained 2-family property offers beautiful water views of the South Branch Mill River and a prime location just minutes from Western New England University and Springfield College. Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Set on a slab with a small,

    We Close Deals Team Lamacchia Realty, Inc.

    746-748 Alden St, Springfield, MA 01109
  • /4

    $399,999

    • 8 Beds
    • 3 Baths
    • 3,069 Sq Ft

    14-16 Wolcott St, Springfield, MA 01104

    Excellent opportunity to own this meticulously maintained investment property. Newer roof and siding 4 years old and water melting technique to avoid accumulation of snow or water. Cleaned basement with up to date electricity. One car garage and paved driveway for additional parking and close to restaurants, shops, schools and more. 2 Family units including a finished attic with additional

    Rosa Parra Signature Realty

    14-16 Wolcott St, Springfield, MA 01104
  • /12

    $2,150,000

    • 17 Beds
    • 17 Baths
    • 12,184 Sq Ft

    91 E Park St, Springfield, MA 01105

    Exceptional investment opportunity at 91 E Park! This well-maintained 17-unit apartment complex consists entirely of one-bedroom units, offering strong and consistent rental demand with a streamlined unit configuration that supports stable occupancy and efficient operations.The property presents a stable, low-maintenance investment profile, ideal for investors seeking reliable performance with

    Raquel Medina Lock and Key Realty Inc.

    91 E Park St, Springfield, MA 01105
  • /29

    $2,835,000

    • 23 Beds
    • 21 Baths
    • 18,707 Sq Ft

    192 White St, Springfield, MA 01108

    Group showing Friday 12/12 at 2PM. 192 White Street in Springfield presents a prime investment opportunity with this well-maintained 21-unit building featuring a mix of studios, one-bedrooms, and two-bedrooms. A major advantage for investors is that all utilities are separately metered, keeping operating costs low and boosting overall returns. Many units have already been updated by the current

    Drew Rodman Lock and Key Realty Inc.

    192 White St, Springfield, MA 01108
  • /30

    $2,050,000

    • 23 Beds
    • 16 Baths
    • 11,260 Sq Ft

    120 Central St, Springfield, MA 01105

    120–122 Central Street presents a rare opportunity to acquire a 16-unit asset in a prime Springfield location, just minutes from the Naismith Memorial Basketball Hall of Fame and MGM Springfield. Perfect for a 1031 exchange this property features a strong unit mix of (7) two-bedroom apartments and (9) one-bedroom apartments, catering to a wide tenant base.With gross rents exceeding $22,000 per

    Drew Rodman Lock and Key Realty Inc.

    120 Central St, Springfield, MA 01105
  • /5

    $875,000

    • Land
    • 9,147 Sq Ft
    • $4,166,667 per Acre

    543 Boston Rd, Springfield, MA 01109

    Introducing a rare opportunity to acquire 10 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
  • /38

    $529,900

    • 7 Beds
    • 2 Baths
    • 3,181 Sq Ft

    24 Hiawatha St, Springfield, MA 01108

    Rare opportunity to own this spacious two-family home in Springfield’s desirable Forest Park area! 24 Hiawatha St offers strong owner-occupant or investment potential with a flexible layout and recent improvements throughout. Unit 1 features a well-sized 2-bedroom layout and is currently leased at $2,000/month, providing immediate rental income. Unit 2 spans two levels with 5 bedrooms, offering

    Michelle Fermin Century 21 North East

    24 Hiawatha St, Springfield, MA 01108
  • /17

    $425,000

    • 4 Beds
    • 4 Baths
    • 1,740 Sq Ft

    878-880 Saint James Ave, Springfield, MA 01104

    Exceptional opportunity to own a well-located Duplex style multi-family property on James Avenue! This 2-family property offers strong investment potential with spacious units, separate utilities, and excellent visibility in a convenient Springfield location. The property sits on a sizable lot with off-street parking and easy access to major routes, shopping, restaurants, and public

    Sheila Perez Naples Realty Group

    878-880 Saint James Ave, Springfield, MA 01104
  • /16

    $360,000

    • 5 Beds
    • 2 Baths
    • 2,419 Sq Ft

    88 Tyler St, Springfield, MA 01109

    OFFER DEADLINE TUESDAY 12:00PM . Welcome to 88 Tyler Street in Springfield, MA, a fantastic opportunity to own in a convenient and steadily growing location. This property offers easy access to major highways including I-91 and I-291, making commuting to surrounding cities and downtown Springfield both quick and efficient.Ideally situated near a variety of local amenities, you’ll find shopping

    Marcia Velis

    88 Tyler St, Springfield, MA 01109
  • /42

    $875,000

    • 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 $101K 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 additional

    Melinda Puzon MP Signature Realty LLC

    15-19 Litchfield St, Springfield, MA 01108
  • /41

    $1,399,000

    • 24 Beds
    • 8 Baths
    • 13,410 Sq Ft

    228 Belmont Ave, Springfield, MA 01108

    Prime investment opportunity awaits with this expansive multifamily apartment building offering strong rental income, excellent tenant appeal, and an unbeatable location. This well-maintained property features a diverse mix of spacious units, designed to attract long-term occupants and maximize year-over-year returns.Inside, residents enjoy generously sized living spaces with functional layouts,

    Stacey Silvia Lock and Key Realty Inc.

    228 Belmont Ave, Springfield, MA 01108
  • /35

    $560,000

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

    43-45 Leyfred Terrace, Springfield, MA 01108

    Newly built in 2025, this side by side duplex offers townhouse style living w/ a clean, well designed layout & quality finishes throughout. Each unit features a spacious living room w/ recessed lighting that flows seamlessly into the dining & kitchen area, complete w/ granite countertops & stainless steel appliances, pantry closet or storage area and a half bath. The second level includes three

    Marisol Franco Coldwell Banker Realty - Western MA

    43-45 Leyfred Terrace, Springfield, MA 01108
  • /12

    $699,000

    • 10 Beds
    • 7 Baths
    • 1,920 Sq Ft

    26-28 Parker St, Springfield, MA 01151

    Great investment opportunity - This mixed-use property offers a total gross building area of approximately 9,494 square feet and includes two storefronts, three residential units above the commercial space, and a separate two-family in the rear, providing multiple income streams and long-term tenant stability. The left storefront includes a large display window, two spacious rooms and oil heat.

    Pablo Ottenwalder Premier Choice Realty

    26-28 Parker St, Springfield, MA 01151
  • /17

    $350,000

    • 4 Beds
    • 2 Baths
    • 2,608 Sq Ft

    174 Bowdoin St, Springfield, MA 01109

    Two family home in a predominately single family neighborhood.This two family home has a walk up third floor waiting to be finished- this third floor is framed out for two more bedrooms and a full bath.Gas furnaces with steam heat three separate electric meters.This home is a good investment with a new roof -It needs new windows and some paint. Come make your offer on this nice home!

    Carl Perella Perella Real Estate

    174 Bowdoin St, Springfield, MA 01109
  • /36

    $409,900

    • 7 Beds
    • 2 Baths
    • 2,381 Sq Ft

    72 Hall St, Springfield, MA 01108

    Investors take note! Turnkey, non-owner-occupied opportunity – Lead Paint Certified & Treated. Fully remodeled two-family generating strong cash flow with tenants in place (must stay) and leases secured through December. Total of 7 bedrooms: 2-bed/1-bath first-floor unit + townhouse-style second unit (3 beds on 2nd floor, 2 beds on 3rd). Capital improvements include new roof, gutters, plumbing,

    Sue Beaudet eXp Realty

    72 Hall St, Springfield, MA 01108
  • /21

    $450,000

    • 8 Beds
    • 3 Baths
    • 3,310 Sq Ft

    48 Acushnet Ave Unit 50, Springfield, MA 01105

    Don’t miss this professionally managed, turnkey investment opportunity! This well-maintained three-family property features numerous updates throughout. Units 1 and 2 are currently occupied, providing immediate rental income, while Unit 3 is vacant - perfect for an owner-occupant or additional rental upside. Conveniently located just minutes from Starbucks, McDonald's, and MGM Springfield, with

    Heung Poon MP Signature Realty LLC

    48 Acushnet Ave Unit 50, Springfield, MA 01105
  • /42

    $379,900

    • 6 Beds
    • 4 Baths
    • 1,920 Sq Ft

    536-538 Union St, Springfield, MA 01109

    A chance to own a modern duplex (built in 1988) featuring three bedrooms and 1.5 baths on each side with gas heat and hot water, public water and sewer, and full separate basements on each side. Vinyl sided exterior and a flat lot with150 ft deep back yard with plenty of room for parking and room for gardening or recreation. Both units need cosmetics and redecorating, but with a little elbow

    Roger Trombly Coldwell Banker Realty - Western MA

    536-538 Union St, Springfield, MA 01109
  • /40

    $345,000

    • 1.5 Baths
    • 1,740 Sq Ft

    774-776 Liberty St, Springfield, MA 01104

    Great opportunity to own this investment property. This property offers a functioning barbershop and a second floor three bedroom apartment. The second floor unit has hardwood floors throughout, eat-in kitchen, large living room with picture window and a master bedroom offering a walk-in closet. Barber Shop brings in consistent cash flow! Central location close to highway, Baystate Hospital,

    Nunley Group Executive Real Estate, Inc.

    774-776 Liberty St, Springfield, MA 01104
  • /16

    $299,000

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

    49 Fremont St, Springfield, MA 01105

    Great investment opportunity! This well-maintained two-family home features two spacious 3-bedroom units, a new roof, updated windows, and a renovated second unit. Reliable tenants with excellent rental history are in place. 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!

    Wileyka Lara Gallagher Real Estate

    49 Fremont St, Springfield, MA 01105
  • /15

    $400,000

    • 7 Beds
    • 2 Baths
    • 2,496 Sq Ft

    7-9 Glendell Terrace, Springfield, MA 01108

    A move-in-ready property offering space, updates, and low maintenance. The first floor offers four spacious bedrooms, a bright open-concept kitchen, and a brand-new full bathroom, perfect for comfortable everyday living. Hardwood floors have been refinished throughout, adding warmth and character to every room. The second floor offers three bedrooms and was renovated just a few years ago, while

    Emiel Barbosa Vicente Realty, LLC

    7-9 Glendell Terrace, Springfield, MA 01108
  • /23

    $599,999

    • 11 Beds
    • 4 Baths
    • 4,500 Sq Ft

    55-59 Margaret St, Springfield, MA 01105

    Great investment opportunity! This well-maintained 4-unit building offers 11 bedrooms and strong income potential. Fully occupied with reliable tenants, it provides immediate cash flow. Each unit has separate utilities, helping keep owner expenses low. With stable occupancy, solid rental history, and potential for future rent growth, this is an excellent opportunity to secure a high-performing,

    Ashley Jones Coldwell Banker Realty - Western MA

    55-59 Margaret St, Springfield, MA 01105
  • /18

    $379,900

    • 4 Beds
    • 2 Baths
    • 1,910 Sq Ft

    243 Orange St, Springfield, MA 01108

    Discover the perfect blend of comfort and convenience in this charming Forest Park home, ideally situated on a spacious corner lot. Offering generous living space and a two-car detached garage, this property provides both functionality and flexibility.The kitchen and bathrooms are thoughtfully designed for everyday living and effortless entertaining. Enjoy the ease of being just minutes from

    Michael Lima Executive Real Estate, Inc.

    243 Orange St, Springfield, MA 01108
  • /13

    $415,000

    • 6 Beds
    • 2 Baths
    • 2,600 Sq Ft

    117-119 Draper St, Springfield, MA 01108

    Fully occupied and actively cash flowing, this substantial two-family in the desirable Forest Park neighborhood is the kind of investment that's hard to find and harder to pass up.Both units are generously sized, featuring separate living rooms, dining rooms, and kitchens finished with hardwood flooring — the kind of space tenants stay in long-term. Each unit has two entrances, including a

    John Wariebi Property Investors & Advisors, LLC

    117-119 Draper St, Springfield, MA 01108
  • /42

    $425,000

    • 4 Beds
    • 2 Baths
    • 3,264 Sq Ft

    85 Narragansett St, Springfield, MA 01107

    Investor opportunity! Fully occupied 2-family at 85 Narragansett St, ideal for immediate rental income or portfolio expansion. Each unit offers 2 bedrooms and 1 full bath with bright, spacious layouts. The first-floor unit features a large living room with a wood burning fireplace flowing into a sun room, plus a spacious kitchen with eat-in potential that connects to a formal dining room. Enjoy a

    Stephanie Salerno Coldwell Banker Realty

    85 Narragansett St, Springfield, MA 01107

Home Trends in Springfield, MA

Housing Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$305,500
Median Townhouse Sale Price
$337,500
Median 2 Bedroom Sale Price
$211,250
Median 1 Bedroom Sale Price
$180,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
108
Last 12 months Home Sales
960
Months of Supply
1.40
Median List Price
$299,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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