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
Partridge Dr1831$276,056938 Sq.Ft.3/8/2022Pasadena St2952$335,8932,573 Sq.Ft.1/31/2025Pascal Dr1132$306,3641,410 Sq.Ft.3/29/2021Pasco Rd1131N/A22,469 Sq.Ft.7/16/2008Patricia Cir2931$334,5171,480 Sq.Ft.4/12/2024Patrick St232$294,5001,136 Sq.Ft.12/23/2022Patterson Ave1232$295,1671,250 Sq.Ft.5/1/2025Patton St10134$278,00010,726 Sq.Ft.1/15/2020Pauline St632$281,1671,312 Sq.Ft.12/29/2017Paulk Ter2531$355,1201,381 Sq.Ft.1/8/2025Peach St331$265,000996 Sq.Ft.3/25/2020Pearl Ln132$395,0001,743 Sq.Ft.6/15/2023Pearl St4182$471,55620,877 Sq.Ft.2/20/2025Pearson Dr1242$447,3331,765 Sq.Ft.12/6/2024Pear St1231$251,0831,051 Sq.Ft.11/30/2022Pebble Mill Rd731$294,8331,250 Sq.Ft.4/2/2025Pecousic St631$292,8001,038 Sq.Ft.12/30/2024Peekskill Ave6131$336,7211,349 Sq.Ft.11/13/2024Peer St1631$280,0631,321 Sq.Ft.10/26/2022Pelham St2431$268,6521,186 Sq.Ft.10/29/2021Pemaquid St341N/A1,008 Sq.Ft.2/14/2011Pembroke Cir1731$242,353925 Sq.Ft.12/6/2024Pembroke St2841$277,4291,409 Sq.Ft.6/2/2023Penacook St842$279,2501,623 Sq.Ft.12/5/2024Pendleton Ave5342$279,5832,947 Sq.Ft.12/7/2023Penncastle St1631$319,7501,163 Sq.Ft.5/16/2025Pennfield St731$320,4291,273 Sq.Ft.7/31/1997Pennsylvania Ave3832$320,1841,314 Sq.Ft.11/15/2024Penrose St6231$281,7261,244 Sq.Ft.3/7/2025Performance Blvd2N/AN/AN/A67,500 Sq.Ft.8/28/2013Perkins St3142$342,0651,896 Sq.Ft.5/6/2025Pershing Ter3N/AN/AN/AN/A11/16/1979Pheasant Dr2432$360,2081,458 Sq.Ft.6/11/2021Pheland St6231$266,2741,098 Sq.Ft.5/21/2025Phillips Ave3332$289,7331,290 Sq.Ft.4/28/2025Phoenix St1762$338,7502,845 Sq.Ft.1/31/2024Phoenix Ter4931$265,5211,482 Sq.Ft.3/19/2025Pickett Pl431$224,5001,159 Sq.Ft.3/12/2021Pidgeon Dr2331$309,4781,311 Sq.Ft.9/19/2023Piedmont St2731$282,5771,262 Sq.Ft.6/14/2024Pilgrim Rd3232$320,1881,311 Sq.Ft.1/30/2025Pine Acre Rd4131$327,0981,254 Sq.Ft.4/30/2025Pinebrook Dr631$324,0001,225 Sq.Ft.10/24/2023Pinecrest Dr3232$328,8391,385 Sq.Ft.9/17/2024Pine Grove St3731$295,6671,288 Sq.Ft.4/28/2025Pine Hill Rd1532$368,9331,471 Sq.Ft.1/11/2024Pine Needle Ln832$362,0001,518 Sq.Ft.11/26/2024Pine St5872$321,1545,861 Sq.Ft.4/28/2025Pine Street Ct1431$267,7141,230 Sq.Ft.2/19/2025Pine Tree Rd132$272,000768 Sq.Ft.N/APinevale St3N/AN/AN/A8,520 Sq.Ft.N/APineview Dr2231$300,3181,057 Sq.Ft.8/29/2022Pineywoods Ave3252$397,5482,701 Sq.Ft.9/4/2024Pinta Cir1831$328,9441,384 Sq.Ft.4/14/2025Plainfield St5652$376,89712,461 Sq.Ft.12/11/2024Pleasant St331N/AN/A10/21/1980Plum St732$269,0001,261 Sq.Ft.3/7/2023Plumtree Cir1631$295,5631,071 Sq.Ft.10/4/2022Plumtree Rd20332$349,6362,223 Sq.Ft.5/20/2025Pocantico Ave1432$365,2311,614 Sq.Ft.2/21/2025Pomona St2063$337,1582,893 Sq.Ft.6/28/2024Pondview Dr3732$412,0561,925 Sq.Ft.10/15/2024Porter Rd2931$347,1671,341 Sq.Ft.8/4/2017Porter St1732$299,8131,512 Sq.Ft.7/9/2024Portland St1062$266,1112,375 Sq.Ft.6/28/2022Portsmouth St4N/AN/AN/A5,535 Sq.Ft.N/APortulaca Dr2331$302,9131,052 Sq.Ft.8/22/2023Powell Ave7331$294,6301,298 Sq.Ft.10/31/2024Pratt St762N/A3,629 Sq.Ft.2/27/2015Prentice St7931$289,6541,289 Sq.Ft.10/25/2023Prescott St562$365,4002,839 Sq.Ft.10/13/2023Preston St1431$257,0001,403 Sq.Ft.4/16/2024Price St3832$299,0271,429 Sq.Ft.4/2/2025Princess Rd732$361,7141,459 Sq.Ft.2/28/2022Prince St942$257,2221,818 Sq.Ft.12/6/2024Princeton St4852$291,8042,248 Sq.Ft.5/28/2025Priscilla St431$264,2501,533 Sq.Ft.9/14/2007Progress Ave1431N/A27,647 Sq.Ft.5/22/2025Prospect St3273$349,5333,279 Sq.Ft.10/16/2024Prospect Ter9124$460,00010,316 Sq.Ft.11/1/2002Prouty St2831$306,5931,210 Sq.Ft.8/5/2024Providence St1042$337,2002,021 Sq.Ft.7/7/2023Pulaski St Es432$462,000N/AN/APuritan Cir732$366,0001,831 Sq.Ft.1/13/2023Puritan Rd1131$340,0001,499 Sq.Ft.11/5/2024Putnam Cir2263$369,3083,818 Sq.Ft.10/31/2024Putnam St822$310,0001,433 Sq.Ft.3/31/2025Putting Green Cir1031$323,9001,165 Sq.Ft.10/30/2024Pynchon St1N/AN/AN/AN/AN/AQuaker Rd1431$295,1431,103 Sq.Ft.10/24/2022Quebec St263$437,0003,775 Sq.Ft.7/18/2001Queensbury Dr1331$329,4171,306 Sq.Ft.6/27/2023Queen St2032$262,1331,403 Sq.Ft.7/22/2024Quentin Rd931$321,3331,198 Sq.Ft.4/11/2022Quincy St9052$288,7872,753 Sq.Ft.12/26/2024Quincy St Ss193N/AN/AN/ARachael St1132$344,4551,499 Sq.Ft.1/24/2025Radner St743$374,2861,970 Sq.Ft.8/31/2023Ralph St2042$303,9171,826 Sq.Ft.7/8/2022Ramah St1231$253,000923 Sq.Ft.3/31/2022158 Chestnut St #5HSpringfield, MA 01103
Estimated Value $158,000
Living Area 1,185 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1170
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #605Springfield, MA 01103
Estimated Value $77,000
Living Area 556 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Multiple
APN SPRI S:02750 P:0652
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #402Springfield, MA 01103
Estimated Value $103,000
Living Area 725 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0616
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
Lyons StSpringfield, MA 01101
Estimated Value $456,000
Living Area 1,728 SqFt
Beds 4
Baths 2
Year Built 1969
Property Type Residential Vacant Land
Ownership Type Related
APN SPRI S:08070 P:0043
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #706Springfield, MA 01103
Estimated Value $127,000
Living Area 1,050 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0670
Neighborhood Metro Center
School District Springfield School District
Ivan StSpringfield, MA 01101
Estimated Value $356,000
Living Area 1,040 SqFt
Beds 2
Baths 1.5
Year Built 1962
Property Type Single Family
Ownership Type Corporate
APN SPRI S:07010 P:0003
Neighborhood Metro Center
School District Springfield School District
158 Chestnut St #3HSpringfield, MA 01103
Estimated Value $239,000
Living Area 1,305 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1090
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 #820Springfield, MA 01103
Estimated Value $88,000
Living Area 690 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0699
Neighborhood Metro Center
School District Springfield School District
11 1/2 Mattoon StSpringfield, MA 01105
Estimated Value $348,000
Living Area 3,388 SqFt
Beds 5
Baths 2.5
Year Built 1884
Property Type Single Family
Ownership Type Multiple
APN SPRI S:08380 P:0035
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #212Springfield, MA 01103
Estimated Value $97,000
Living Area 710 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Multiple
APN SPRI S:02750 P:0591
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #712Springfield, MA 01103
Estimated Value $78,000
Living Area 710 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0676
Neighborhood Metro Center
School District Springfield School District
158 Chestnut St #4GSpringfield, MA 01103
Estimated Value $156,000
Living Area 1,205 SqFt
Beds 2
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1125
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #518Springfield, MA 01103
Estimated Value $135,000
Living Area 480 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Corporate
APN SPRI S:02750 P:0646
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #514Springfield, MA 01103
Estimated Value $99,000
Living Area 1,330 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0643
Neighborhood Metro Center
School District Springfield School District