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
Ramatan St3N/AN/AN/AN/AN/ARamblewood Dr4332$364,2441,521 Sq.Ft.6/28/2024Ramsgate St2N/AN/AN/AN/AN/ARandall Pl2442$323,5002,924 Sq.Ft.5/16/2025Randolph St1153$409,1823,502 Sq.Ft.4/28/2023Ranney St3062$331,0342,708 Sq.Ft.1/7/2025Rapalus St1N/AN/A$487,000N/AN/ARathbun St832$283,2501,349 Sq.Ft.8/12/2019Ravenwood St2431$330,2501,194 Sq.Ft.5/20/2025Raymond Pl752$324,2862,364 Sq.Ft.9/29/2016Redden St2631$296,0001,187 Sq.Ft.11/7/2024Redfern Dr2231$249,0911,011 Sq.Ft.6/10/2024Redlands St8831$278,0451,338 Sq.Ft.3/31/2025Redstone Dr932$357,4441,487 Sq.Ft.6/27/2023Reed St1452$283,3332,490 Sq.Ft.12/29/2022Regal St3131$269,806948 Sq.Ft.1/10/2025Rencelau St2232$353,8641,932 Sq.Ft.8/30/2024Revere St3352$343,5452,535 Sq.Ft.3/14/2025Rhinebeck Ave2931$328,8621,439 Sq.Ft.4/10/2025Richard St1N/AN/AN/AN/AN/ARichelieu Pl462$430,0002,112 Sq.Ft.2/14/2011Richelieu St1252$342,7142,276 Sq.Ft.8/29/2022Ridgecrest St731$294,1671,215 Sq.Ft.12/21/2007Ridgeway Cir1633$442,5632,130 Sq.Ft.5/9/2024Ridgewood Pl643$344,66712,049 Sq.Ft.4/17/2024Ridgewood Ter1353$428,0005,880 Sq.Ft.4/17/2024Rifle St852$401,3331,918 Sq.Ft.4/6/2022Rimmon Ave2332$293,7891,784 Sq.Ft.4/19/2024Ringgold St2063$342,7372,503 Sq.Ft.11/19/2022Rio Vista St321$278,6671,040 Sq.Ft.3/15/2022Ripley Pl731$205,0001,314 Sq.Ft.9/29/2015Rita St821$287,250924 Sq.Ft.10/25/2023Rittenhouse Ter2762$345,9202,718 Sq.Ft.4/24/2025Riverside Rd1531$296,0711,466 Sq.Ft.7/18/2023Riverton Rd1931$278,8751,480 Sq.Ft.5/1/2024Riverview St1262$333,5832,550 Sq.Ft.10/10/2023Riverview Ter1553$419,1433,557 Sq.Ft.2/26/2021Roanoke Rd1131$308,3641,172 Sq.Ft.10/15/2020Robbins Rd632N/A17,967 Sq.Ft.12/31/2021Rochelle St4252$295,6192,385 Sq.Ft.12/26/2024Rochford Cir2331$298,0001,119 Sq.Ft.7/13/2021Rock Hill Ln232$323,5001,538 Sq.Ft.11/18/2013Rockland St3332$328,9391,746 Sq.Ft.5/30/2024Rockland Ter331$320,5001,590 Sq.Ft.11/8/2018Rocus St2132N/A7,738 Sq.Ft.10/30/2023Rogers Ave1N/AN/A$505,000N/AN/ARollins St3731$287,8611,211 Sq.Ft.10/31/2024Ronald Dr831$269,8751,174 Sq.Ft.10/21/2019Roosevelt Ave25332$315,6574,814 Sq.Ft.5/20/2025Roosevelt Ter931$263,5561,139 Sq.Ft.2/23/2024Rosedale Ave831$293,6251,119 Sq.Ft.3/14/2023Rosella St2032$297,8501,226 Sq.Ft.4/25/2024Rosemary Dr4531$283,5781,172 Sq.Ft.12/6/2024Rosemont St1532$326,7271,661 Sq.Ft.12/7/2021Rose Pl631N/A3,630 Sq.Ft.7/25/2023Rose St3N/AN/AN/A40,000 Sq.Ft.3/1/2007Rosewell St8431$265,3331,215 Sq.Ft.8/26/2024Rowland St3542$352,9332,663 Sq.Ft.7/31/2024Royal St331$247,3331,273 Sq.Ft.8/24/2018Royalston St252$407,0001,614 Sq.Ft.N/ARoy St5432$304,8871,493 Sq.Ft.4/22/2025Ruby Rd831$288,125912 Sq.Ft.4/10/2025Rupert St682$398,5003,612 Sq.Ft.9/12/2023Rush St1342$297,5381,645 Sq.Ft.11/1/2024Ruskin St1352$352,3852,289 Sq.Ft.1/31/2025Russell St5831$294,5181,171 Sq.Ft.1/25/2022Ruthven St1932$313,2111,303 Sq.Ft.5/7/2024Rutledge Ave1763$345,4003,317 Sq.Ft.2/15/2024Ryan Cir942$397,5001,903 Sq.Ft.10/1/2021Saab Ct1N/AN/AN/A115,600 Sq.Ft.N/ASabin St1N/AN/A$414,000N/A10/6/2023Sachem St1153$348,9093,459 Sq.Ft.1/27/2025Sackett Pl232N/AN/AN/ASaffron Cir3931$306,2371,071 Sq.Ft.9/27/2024Saint George Rd731N/A9,489 Sq.Ft.1/29/2025Saint James Ave22152$297,4234,347 Sq.Ft.5/13/2025Saint James Blvd3731$295,1722,280 Sq.Ft.10/15/2024Saint James Cir3132$281,5561,424 Sq.Ft.1/26/2024Saint Lawrence Ave2432$314,7001,418 Sq.Ft.2/6/2025Salem St1092$370,00010,688 Sq.Ft.6/28/2024Samuel St2132$304,2221,596 Sq.Ft.3/18/2025Sanderson St1253$406,00036,516 Sq.Ft.7/21/2019San Miguel St4031$276,6001,297 Sq.Ft.5/21/2024Santa Barbara St6442$312,4061,641 Sq.Ft.5/23/2025Santa Maria St1431$286,6431,185 Sq.Ft.4/29/2022Sara Lynn Dr532$314,6001,271 Sq.Ft.10/29/2020Saratoga St1218N/A$392,7148,286 Sq.Ft.8/9/2013Sargon St1231$282,9171,297 Sq.Ft.3/12/2025S Ave4N/AN/AN/AN/AN/ASavoy Ave8132$291,1821,387 Sq.Ft.11/25/2024Savoy Pl632$305,7501,347 Sq.Ft.10/6/2023Sawmill Rd3832$329,4741,345 Sq.Ft.8/27/2024S Branch Pkwy10N/A2$318,0004,441 Sq.Ft.11/5/1984Scarsdale Rd1332$328,5381,290 Sq.Ft.7/26/2023Schley St1931$269,3681,228 Sq.Ft.8/23/2024School St19104$334,00017,982 Sq.Ft.6/21/2024Schuyler St631$255,8331,182 Sq.Ft.4/17/2024Scott St1673$371,6253,612 Sq.Ft.12/19/2022Searle Pl453$271,2501,966 Sq.Ft.8/29/2023Sedgelia St1232$292,0831,410 Sq.Ft.7/30/2019158 Chestnut St #4CSpringfield, MA 01103
Estimated Value $155,000
Living Area 710 SqFt
Beds 1
Baths 1
Year Built 1905
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:1105
Neighborhood Metro Center
School District Springfield School District
17 Mattoon StSpringfield, MA 01105
Estimated Value $264,000
Living Area 3,381 SqFt
Beds 4
Baths 2.5
Year Built 1884
Property Type Single Family
Ownership Type Corporate
APN SPRI S:08380 P:0033
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #220Springfield, MA 01103
Estimated Value $97,000
Living Area 690 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Multiple
APN SPRI S:02750 P:0597
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #720Springfield, MA 01103
Estimated Value $69,000
Living Area 690 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0682
Neighborhood Metro Center
School District Springfield School District
Longhill StSpringfield, MA 01101
Estimated Value $678,000
Living Area 5,316 SqFt
Beds 6
Baths 4
Year Built 1913
Property Type Residential Vacant Land
Ownership Type Related
APN SPRI S:07900 P:0042
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #510Springfield, MA 01103
Estimated Value $79,000
Living Area 630 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0640
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 #616Springfield, MA 01103
Estimated Value $85,000
Living Area 510 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0662
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #507Springfield, 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:0637
Neighborhood Metro Center
School District Springfield School District
111 Kirby StSpringfield, MA 01101
Estimated Value $301,000
Living Area 1,291 SqFt
Beds 2
Baths 1
Year Built 1920
Property Type Single Family
Ownership Type Individual
APN SPRI S:07340 P:0008
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #601Springfield, MA 01103
Estimated Value $94,000
Living Area 914 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Condominium
Ownership Type Multiple
APN SPRI S:02750 P:0649
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
140 Chestnut St #714Springfield, MA 01103
Estimated Value $95,000
Living Area 1,330 SqFt
Beds 2
Baths 2
Year Built 1910
Property Type Condominium
Ownership Type Corporate
APN SPRI S:02750 P:0677
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #620Springfield, MA 01103
Estimated Value $92,000
Living Area 690 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0665
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #416Springfield, MA 01103
Estimated Value $99,000
Living Area 510 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Corporate
APN SPRI S:02750 P:0628
Neighborhood Metro Center
School District Springfield School District
140 Chestnut St #702Springfield, MA 01103
Estimated Value $92,000
Living Area 725 SqFt
Beds 1
Baths 1
Year Built 1910
Property Type Condominium
Ownership Type Individual
APN SPRI S:02750 P:0667
Neighborhood Metro Center
School District Springfield School District