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Memorial Square Multifamily Homes & Duplexes for Sale

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  • 60 Montmorenci St, Springfield, MA 01107
    60 Montmorenci St, Springfield, MA 01107
    60 Montmorenci St, Springfield, MA 01107
    /6

    $297,800

    • 5 Beds
    • 2 Baths
    • 1,770 Sq Ft

    60 Montmorenci St, Springfield, MA 01107

    Don't miss this fantastic opportunity for first-time buyers looking to earn rental income to help cover mortgage payments! This property has excellent growth potential. Additionally, savvy investors will be pleased to know that a package deal is available, along with 56 Montmorenci Street and 195-197 Massasoit Avenue, which are currently listed separately. The seller is eager to make a deal —take

    Raul Ortega Realty ONE Group Nest

    60 Montmorenci St, Springfield, MA 01107
  • 195-197 Massasoit St, Springfield, MA 01107
    195-197 Massasoit St, Springfield, MA 01107
    195-197 Massasoit St, Springfield, MA 01107
    /4

    $299,500

    • 8 Beds
    • 3 Baths
    • 3,498 Sq Ft

    195-197 Massasoit St, Springfield, MA 01107

    This is a fantastic opportunity for first-time buyers eager to generate rental income to assist with mortgage expenses. The property offers a spacious layout, a generous yard, a two-car garage, and ample off-street parking. For those looking to invest further, you can acquire this property as part of a package with 56 Montmorenci Street and 60 Montmorenci Street, which are available separately.

    Raul Ortega Realty ONE Group Nest

    195-197 Massasoit St, Springfield, MA 01107
  • 56 Montmorenci St, Springfield, MA 01107
    56 Montmorenci St, Springfield, MA 01107
    56 Montmorenci St, Springfield, MA 01107
    /16

    $298,500

    • 5 Beds
    • 2 Baths
    • 1,927 Sq Ft

    56 Montmorenci St, Springfield, MA 01107

    This property represents an exceptional opportunity for first-time buyers eager to create rental income that can substantially reduce their mortgage payments. Furthermore, discerning investors will recognize the tremendous value in securing this property as part of an attractive package deal with 60 Montmorenci Street and 195-197 Massasoit Avenue, which are listed separately. With a motivated

    Raul Ortega Realty ONE Group Nest

    56 Montmorenci St, Springfield, MA 01107
  • 49-53 Jefferson Ave, Springfield, MA 01107
    49-53 Jefferson Ave, Springfield, MA 01107
    49-53 Jefferson Ave, Springfield, MA 01107
    /40

    $549,000

    • 9 Beds
    • 6 Baths
    • 4,320 Sq Ft

    49-53 Jefferson Ave, Springfield, MA 01107

    Buyer’s lost financing! This can be your chance to own this cash cow! Rare find! This spacious 3-family triplex is perfect for owner-occupants looking to house hack or investors seeking strong rental income. Each unit features an open-concept living and dining area with a convenient half bath on the first floor. The second floor offers three bedrooms and a full bathroom, while the basement

    Sheila Perez Naples Realty Group

    49-53 Jefferson Ave, Springfield, MA 01107
Massachusetts Hampden County Springfield Memorial Square

Multi-Family Homes & Duplexes for Sale in Memorial Square, Springfield

Why Live in Memorial Square
Memorial Square in Springfield is a historic neighborhood known for its Gothic and Renaissance architecture, including the Saint George Greek Orthodox Cathedral and the Springfield Street Trolley Barn. The area is highly walkable and bikeable, with accessible public transportation provided by the Pioneer Valley Transit Authority. Residents benefit from proximity to major employers, including two large health systems and various industrial companies. The neighborhood is dotted with food trucks and pop-up food trailers, with local favorites like La Taqueria Del Pueblo and El Charros. Puerto Rico Bakery is a longstanding community staple for both food and groceries, complemented by small markets like Medina’s and Bethania. For larger shopping needs, residents head to the nearby Riverdale Center and Shops. Memorial Square hosts several annual events, such as the Big E festival, Glendi Greek Festival, and the Springfield Puerto Rican Parade, fostering a strong sense of community. Housing options include multi-unit Queen Anne homes, Colonial revival single-family homes, and multi-unit apartments, with a high percentage of rental properties. The neighborhood is served by Springfield Public Schools, with Springfield Central High School being the highest-rated. Recreational options include Jaime Ulloa Park and Calhoun Park, both offering sports facilities and playgrounds, while Van Horn Park provides a natural retreat. Despite its urban setting, Memorial Square has a lower crime rate compared to the national average, making it a practical choice for residents.
Learn more about living in Memorial Square

Home Trends in Memorial Square, MA

On average, homes in Memorial Square, Springfield sell after 36 days on the market compared to the national average of 53 days. The median sale price for homes in Memorial Square, Springfield over the last 12 months is $324,500, up 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$324,500
Median Single Family Sale Price
$324,500
Average Price Per Sq Ft
$182
Number of Homes for Sale
2
Last 12 months Home Sales
4
Months of Supply
6.00
Median List Price
$327,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
19%
How to Buy a Home How to Finance a Home How to Sell a Home

In Memorial Square, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $297,800 to $549,000, there's something for every budget. As of December, 2025 the median home price in Memorial Square, Springfield is $327,500, while the average sale price is $331,000, providing insight into local market trends. On average, multi-family homes spend 36 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Memorial Square, Springfield.

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