This home's estimate is 66.9% higher than the average sale price ($395K) of 6 comparable homes.
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- Property details
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30-32 Montgomery St, Springfield, MA 01151
About this home
Prime 4-Family Investment Opportunity + Buildable Lot. Fully occupied 4 Unit home with four spacious 3-bed, 1-bath units, each with long-term tenants, updated and separate utilities. Located in Indian Orchard. Recent updates include vinyl siding, newer windows, newer furnaces and hot water tanks, and conversion from oil to gas heat, ensuring low maintenance and high efficiency. Parking for all. Huge yard with some fencing. Bonus: comes with a buildable lot offering excellent potential for expansion or resale. Strong cash flow from day one with room to grow. Ideal for investors seeking turnkey income and future development upside in a growing rental market, buy-and-hold investors, 1031 exchange buyers, or portfolio builders seeking a low-hassle, high-upside asset in a desirable rental market. Conveniently located near local amenities, public transportation, and major highways.
Redfin Estimate
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Market trends in 01151, MA
Last updated October 2026
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Provided by Redfin
Sale history for 30-32 Montgomery St
$89/sq ft
$97/sq ft
$29/sq ft
$27/sq ft

Large Four Family with Extra lot available.
As the MLS and public records start to fill up, we'll list the details here.
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
- Parking Spaces: 4
- Parking Features: Off Street
Interior
- Bathroom Information
- # of Bathrooms (Full): 4
- Basement Information
- Basement: Full
- Interior Features
- # of Rooms (Total): 24
- Flooring: Wood, Tile, Vinyl, Carpet
- Interior Features: Kitchen, Living RM/Dining RM Combo
- Unit #1 Information
- # of Levels: 1
- # of Floors: 1
- Lease: N
- Unit #2 Information
- # of Levels: 1
- # of Floors: 2
- Lease: N
- Unit #3 Information
- # of Levels: 1
- # of Floors: 2
- Lease: N
- Unit #4 Information
- # of Levels: 1
- # of Floors: 1
- Lease: N
Exterior
- Building Information
- Building Area (Total): 6,186
- Foundation Details: Brick/Mortar
- Construction Materials: Frame
- Stories (Total): 4
- Year Built Source: Public Records
- Year Built Details: Actual
- Color: Grey
- Exterior Features
- Roof: Rubber
- Patio And Porch Features: Porch
- Property Information
- PropertySubType: 4 Family - 4 Units Up/Down
- Lot Information
- Lot Size (Acres): 0.26
- Road Frontage Type: Public
Financial
- Tax Information
- Tax Annual Amount: $6,073
- Tax Year: 2025
Utilities
- Utility Information
- Sewer: Public Sewer
- Water Source: Public
- Electric: Circuit Breakers
Location
- Location Information
- Directions: Main St to Montgomery
- UnparsedAddress: 30-32 Montgomery St, Springfield MA 01151
- Community Information
- Senior CommunityYN: No
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Hampden County
- APN: —
Other
- Listing Information
- StandardStatus: Closed
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 0.6mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 01151
Home values near 30-32 Montgomery St
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 5130 Sq. Ft. | — |
4 Beds | 2 Baths | 1771 Sq. Ft. | $405,143 |
5 Beds | 2 Baths | 2160 Sq. Ft. | $402,749 |
5 Beds | 2 Baths | 1700 Sq. Ft. | $376,833 |
3 Beds | 1.5 Baths | 1050 Sq. Ft. | $257,767 |
4 Beds | 2 Baths | 2080 Sq. Ft. | $328,766 |
5 Beds | 2 Baths | 2213 Sq. Ft. | $345,989 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 3 Baths | 2120 Sq. Ft. | $336,387 |
4 Beds | 4 Baths | 4500 Sq. Ft. | $285,873 |
8 Beds | 4 Baths | 3420 Sq. Ft. | $458,842 |
2 Beds | 1 Baths | 1015 Sq. Ft. | $251,597 |
4 Beds | 2 Baths | 1728 Sq. Ft. | $375,675 |
6 Beds | 2 Baths | 2444 Sq. Ft. | $379,568 |
4 Beds | 2 Baths | 1908 Sq. Ft. | $374,218 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 1720 Sq. Ft. | $388,429 |
9 Beds | 4 Baths | 6186 Sq. Ft. | — |
5 Beds | 2 Baths | 2125 Sq. Ft. | $332,552 |
9 Beds | 3 Baths | 3843 Sq. Ft. | $517,717 |
4 Beds | 2 Baths | 2164 Sq. Ft. | $342,652 |
6 Beds | 2 Baths | 2544 Sq. Ft. | $389,020 |
5 Beds | 2 Baths | 1932 Sq. Ft. | $77,170 |
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