Springfield, Massachusetts is widely known as the "City of Firsts,” and is undergoing revitalization, with ongoing development projects breathing new life into the area. This transformation creates a chance to get in on the ground floor, investing in a market that is poised for growth. The potential for appreciation and strong rental income makes Springfield an exciting option for investors.
Beyond its revitalization efforts, Springfield also boasts a strong sense of community and rich cultural heritage. These appealing elements are attracting young professionals and families who want a vibrant, yet affordable place to live. This growing demand for quality housing creates a perfect environment for rental properties.
Springfield's affordability is another positive factor to consider. Compared to other areas in Massachusetts, property values in Springfield remain relatively accessible. This opens doors for investors with a variety of budgets, and allows for the potential for higher returns on investment. With careful planning and property selection, Springfield can be a springboard for building a strong and profitable real estate portfolio.
Popular Streets in Springfield, Massachusetts
Allen St31042$317,7293,360 Sq.Ft.5/28/2025Carew St35342$309,7674,724 Sq.Ft.5/21/2025Chestnut St40721$185,8288,037 Sq.Ft.5/28/2025Main St29783$357,25028,959 Sq.Ft.5/29/2025Nassau Dr33922$228,6511,068 Sq.Ft.5/30/2025Page Blvd27142$291,6844,524 Sq.Ft.5/6/2025Parker St30732$338,6552,832 Sq.Ft.4/9/2025State St35932$228,10216,614 Sq.Ft.5/13/2025Sumner Ave37552$332,1314,351 Sq.Ft.4/29/2025Wilbraham Rd33142$334,6814,341 Sq.Ft.5/30/2025All Streets in Springfield, Massachusetts
Mark St731$316,4291,103 Sq.Ft.11/1/2024Marlborough St3552$317,8002,173 Sq.Ft.6/20/2024Marmon Ct1332$359,4621,488 Sq.Ft.5/6/2022Marmon St2732$342,7411,376 Sq.Ft.12/28/2023Marquette St1321$247,2311,071 Sq.Ft.4/18/2019Marsden St7031$273,9251,449 Sq.Ft.5/23/2025Marshall St1642$307,2001,873 Sq.Ft.1/9/2025Martel Rd2432$357,7391,609 Sq.Ft.7/3/2019Martin St1132$274,3641,155 Sq.Ft.8/12/2020Marvin St473$416,0003,645 Sq.Ft.10/26/1982Mary Coburn Rd3931$320,3331,212 Sq.Ft.1/22/2025Maryland St3952$342,8462,343 Sq.Ft.10/9/2024Mary Louise St731$281,7141,087 Sq.Ft.3/28/2025Mary St732$324,2861,319 Sq.Ft.5/24/2024Massachusetts Ave6763$331,1822,991 Sq.Ft.4/9/2025Massasoit Pl983$398,5003,448 Sq.Ft.8/8/2022Massasoit St5162$344,6252,681 Sq.Ft.4/24/2025Massreco St2732$261,9231,520 Sq.Ft.5/15/2025Matthew St832$365,7501,574 Sq.Ft.10/14/2022Mattoon St3653$357,9094,547 Sq.Ft.12/12/2024Maura St132$322,0001,228 Sq.Ft.8/23/2024Maxwell Pl332$315,6671,414 Sq.Ft.2/9/2024Maybrook Rd2331$331,0431,328 Sq.Ft.9/21/2023Mayfair Ave3932$278,2051,485 Sq.Ft.12/8/2023Mayfield St2331$335,3041,285 Sq.Ft.11/6/2024Mayflower Rd4131$303,8501,173 Sq.Ft.8/30/2024Mayher St1331$296,7691,230 Sq.Ft.10/11/2024Maynard St6852$292,4532,298 Sq.Ft.3/25/2025Mayo St462$357,6672,760 Sq.Ft.4/18/2018Mazarin St1N/AN/A$397,000N/AN/AMcbride St832$275,7501,118 Sq.Ft.4/20/2023Mcknight St1652$265,9292,106 Sq.Ft.10/27/2022Meadowbrook Rd2632$366,4401,625 Sq.Ft.8/8/2024Meadowlark Ln2231$312,5001,271 Sq.Ft.10/18/2023Meadow St1N/AN/A$390,000N/AN/AMedford St564$370,2502,506 Sq.Ft.11/7/2024Medical Center Dr35N/A2N/A1,858 Sq.Ft.1/13/2022Melba St2221$294,0001,151 Sq.Ft.12/15/2023Melha Ave3752$341,0002,460 Sq.Ft.7/12/2024Mellon St432$324,7501,341 Sq.Ft.9/27/2019Melrose St2142$264,0001,513 Sq.Ft.12/10/2024Melville St4631$278,8891,122 Sq.Ft.11/13/2024Memorial Dr932$329,00038,156 Sq.Ft.6/23/2023Meredith St2631$266,5601,447 Sq.Ft.6/3/2024Merida St4631$251,3701,124 Sq.Ft.5/19/2025Merrick Ave942$276,2222,190 Sq.Ft.6/16/2022Merrill Rd4331$279,9711,715 Sq.Ft.9/26/2023Merrimac Ave6831$275,8061,239 Sq.Ft.4/30/2025Merritt St732$297,4291,533 Sq.Ft.6/24/2016Merwin St1963$358,8242,900 Sq.Ft.7/10/2023Methuen St5732$302,1301,353 Sq.Ft.1/30/2025Metzger Pl1031$286,0001,127 Sq.Ft.12/16/2024Mgm Way1N/AN/AN/AN/AN/AMichael St731$323,0001,131 Sq.Ft.11/16/2018Michon St8N/AN/AN/AN/A11/8/2007Middlebrook Dr1131$330,3641,187 Sq.Ft.7/10/2023Middlesex St5852$311,5092,417 Sq.Ft.5/16/2025Middle St4932$284,9181,322 Sq.Ft.5/30/2025Mildred Ave3232$300,9261,314 Sq.Ft.1/31/2022Milford St2642$300,2401,593 Sq.Ft.1/12/2024Millbrook Rd832$353,6671,462 Sq.Ft.5/3/2024Miller St4652$306,7392,115 Sq.Ft.11/14/2024Mill Pond Dr332$364,0001,953 Sq.Ft.10/22/2015Mill River Ln2N/AN/AN/A11,833 Sq.Ft.3/17/2004Mill St5163$486,0959,080 Sq.Ft.3/12/2025Milton St222$482,0001,344 Sq.Ft.N/AMiner St531$232,000886 Sq.Ft.7/26/2019Mohawk Dr1531$306,6001,099 Sq.Ft.2/8/2018Mohegan Ave1N/AN/AN/AN/AN/AMohegan Ct1N/AN/A$295,000N/AN/AMona St1N/AN/A$327,000N/AN/AMonmouth St2962$312,3212,698 Sq.Ft.9/18/2024Monroe St1352$292,2501,798 Sq.Ft.3/28/2025Monrovia St6532$305,9021,568 Sq.Ft.4/25/2025Monson Ave431$232,2501,314 Sq.Ft.11/9/2018Montcalm St162$430,0002,184 Sq.Ft.N/AMontclair St2132$287,0001,407 Sq.Ft.5/23/2025Montford St652$326,6002,219 Sq.Ft.5/1/2018Montgomery St2N/AN/A$512,00017,776 Sq.Ft.5/18/2005Monticello Ave3632$321,2261,345 Sq.Ft.6/24/2022Montmorenci St1752$293,0713,282 Sq.Ft.9/2/2022Montpelier St1N/AN/AN/A18,105 Sq.Ft.12/22/2011Montrose St3352$273,6882,179 Sq.Ft.5/12/2025Mooreland St5052$323,8982,424 Sq.Ft.3/17/2025Moore St1642$360,0001,829 Sq.Ft.5/7/2025Morgan St731$261,0008,620 Sq.Ft.7/15/2004Morison Ter1241$282,2003,922 Sq.Ft.6/3/2024Morningside Park1442$337,4622,211 Sq.Ft.11/26/2024Morrell St372$356,6672,287 Sq.Ft.11/20/2013Morris St2852$310,4002,321 Sq.Ft.8/14/2024Mortimer St831$268,0001,697 Sq.Ft.3/6/2025Morton St4632$342,4071,540 Sq.Ft.5/23/2025Moss Rd3331$294,0301,188 Sq.Ft.11/20/2024Moulton St2443$357,1741,698 Sq.Ft.3/19/2024Mountainview St1662$333,1882,662 Sq.Ft.7/26/2024Mount Holly Dr632$352,3331,649 Sq.Ft.1/10/2014Moxon St7N/AN/A$383,667N/A4/17/2009Mulberry St14521$156,1271,492 Sq.Ft.2/26/2025Murray Hill Ave2172$322,5263,054 Sq.Ft.5/5/2022Myrtle St683$360,50036,435 Sq.Ft.6/16/2022158 Chestnut St #5ASpringfield, MA 01103
Estimated Value $133,000
Living Area 950 SqFt
Beds 1
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1135
Neighborhood Metro Center
School District Springfield School District
70 Chestnut St #505Springfield, MA 01103
Estimated Value $136,000
Living Area 440 SqFt
Beds 1
Baths 1
Year Built 1927
Property Type Condominium
Ownership Type Corporate
APN SPRI S:02750 P:0884
Neighborhood Metro Center
School District Springfield School District
Monticello AveSpringfield, MA 01101
Estimated Value $344,000
Living Area 1,600 SqFt
Beds 3
Baths 2
Year Built 1923
Property Type Unknown
Ownership Type Related
APN SPRI S:08800 P:0045
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #520Springfield, MA 01103
Estimated Value $83,000
Living Area 690 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Corporate
APN SPRI S:02750 P:0648
Neighborhood Metro Center
School District Springfield School District
158 Chestnut St #2ESpringfield, MA 01103
Estimated Value $138,000
Living Area 745 SqFt
Beds 1
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Related
APN SPRI S:02750 P:1035
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #M2Springfield, MA 01103
Estimated Value $90,000
Living Area 975 SqFt
Beds 2
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0573
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #707Springfield, MA 01103
Estimated Value $98,000
Living Area 470 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0671
Neighborhood Metro Center
School District Springfield School District
158 Chestnut St #5BSpringfield, MA 01103
Estimated Value $177,000
Living Area 1,025 SqFt
Beds 1
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1140
Neighborhood Metro Center
School District Springfield School District
158 Chestnut St #5FSpringfield, MA 01103
Estimated Value $155,000
Living Area 1,140 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1160
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #804Springfield, MA 01103
Estimated Value $88,000
Living Area 795 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Multiple
APN SPRI S:02750 P:0685
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #816Springfield, MA 01103
Estimated Value $95,000
Living Area 510 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Trust
APN SPRI S:02750 P:0696
Neighborhood Metro Center
School District Springfield School District
Carew StSpringfield, MA 01101
Estimated Value $358,000
Living Area 2,420 SqFt
Beds 6
Baths 2
Year Built 1925
Property Type Duplex 2 Units
Ownership Type Individual
APN SPRI S:02360 P:0440
Neighborhood Metro Center
School District Springfield School District
158 Chestnut St #2BSpringfield, MA 01103
Estimated Value $143,000
Living Area 1,025 SqFt
Beds 1
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1020
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #404Springfield, MA 01103
Estimated Value $97,000
Living Area 795 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Corporate
APN SPRI S:02750 P:0617
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #810Springfield, MA 01103
Estimated Value $98,000
Living Area 630 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Related
APN SPRI S:02750 P:0691
Neighborhood Metro Center
School District Springfield School District
Hancock StSpringfield, MA 01101
Estimated Value $259,000
Living Area 1,462 SqFt
Beds 4
Baths 2
Year Built 1910
Property Type Unknown
Ownership Type Corporate
APN SPRI S:06250 P:0023
Neighborhood Metro Center
School District Springfield School District