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298 Oakland St, Springfield, MA 01108
About this home
Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!
Redfin Estimate
Market trends in 01108, MA
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
34 Sumner Ave #301, Springfield, MA 01108See all
Provided by Redfin
Sale history for 298 Oakland St
$133/sq ft
$127/sq ft
$23/sq ft
Tax history for 298 Oakland St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamilyInclude but are not limited to:
- Agriculture
- Garden center
- Housing-Single unit
- Housing-Multiple units
- Housing-Other
Property details
Parking
- Parking Information
- Has Open Parking
- Open Parking Spaces: 4
- Parking Spaces: 4
- Parking Features: Paved Drive, Shared Driveway, Off Street
Interior
- Bathroom Information
- # of Bathrooms (Full): 4
- Basement Information
- Basement: Concrete
- Interior Features
- # of Rooms (Total): 16
- Unit #1 Information
- # of Levels: 1
- # of Floors: 1
- Lease: N
- Unit #2 Information
- # of Levels: 1
- # of Floors: 1
- Lease: N
- Unit #3 Information
- # of Levels: 1
- # of Floors: 2
- Lease: N
- Unit #4 Information
- # of Levels: 1
- # of Floors: 2
Exterior
- Building Information
- Building Area (Total): 3,924
- Foundation Details: Block
- Stories (Total): 4
- Year Built Source: Public Records
- Year Built Details: Actual
- Lead Paint: None
- Exterior Features
- Patio And Porch Features: Enclosed
- Property Information
- PropertySubType: 4 Family - 4 Units Up/Down
- Above Grade Finished Area: 3924
- Levels: 4
- Lot Information
- Lot Size (Acres): 0.11
Financial
- Tax Information
- Tax Annual Amount: $5,502
- Tax Year: 2025
Utilities
- Utility Information
- Sewer: Public Sewer
- Water Source: Public
- Heating & Cooling
- Heating Units: 4
Location
- Location Information
- Directions: Near the corner of Oakland St. and Orange St.
- UnparsedAddress: 298 Oakland St, Springfield MA 01108
- Community Information
- Senior CommunityYN: No
- Community Features: Public Transportation
Public facts
- Beds: 8
- Baths: —
- Sq. Ft.: 3,924
- Stories: 2.0
- Lot Size: 4,792 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1900
- Year Renovated: —
- County: Hampden County
- APN: 2598600
Other
- Miscellaneous Information
- Heat Zones: 4
- Listing Information
- StandardStatus: Closed
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 0.5mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 9.1 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 01108
Home values near 298 Oakland St
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 952 Sq. Ft. | $167,567 |
6 Beds | 2 Baths | 2412 Sq. Ft. | $464,178 |
6 Beds | 4 Baths | - Sq. Ft. | $344,001 |
16 Beds | - Baths | 9100 Sq. Ft. | — |
4 Beds | 2 Baths | 1526 Sq. Ft. | $285,876 |
8 Beds | 3 Baths | 2999 Sq. Ft. | $489,352 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1366 Sq. Ft. | $322,762 |
8 Beds | 4 Baths | 3788 Sq. Ft. | — |
8 Beds | - Baths | 4038 Sq. Ft. | — |
6 Beds | 2 Baths | 2572 Sq. Ft. | $388,388 |
6 Beds | 2 Baths | 2270 Sq. Ft. | $377,970 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1761 Sq. Ft. | $267,109 |
8 Beds | - Baths | 7500 Sq. Ft. | — |
3 Beds | 1.5 Baths | 1591 Sq. Ft. | $268,143 |
8 Beds | 2 Baths | 2910 Sq. Ft. | $406,699 |
6 Beds | 2 Baths | 2572 Sq. Ft. | $439,864 |
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