First Open House this Saturday from 2:00 PM–4:00 PM! Welcome to 42-44 Dearborn Street, a unique and versatile multi-family property in Springfield’s Hill/McKnight neighborhood, offering an excellent opportunity for both owner-occupants and investors. The property features a spacious 5-bedroom owner’s unit spanning the second and third floors, providing plenty of room for comfortable living, entertaining, and additional flexibility. A major advantage for the owner is the paying first-floor tenant, whose rental income helps offset the owner’s monthly costs while allowing the owner to enjoy the expansive upper-level living space. With its combination of rental income and substantial owner-occupied space, this property offers an attractive opportunity to build equity while reducing the overall cost of ownership. Conveniently located near major roadways, local amenities, schools, shopping, and everything Springfield has to offer. Don’t miss this opportunity to own a property that combines rental income, generous living space, and long-term investment potential. Come see it for yourself this Saturday from 2:00 PM–4:00 PM!
Multi-familyProperty Type
1916Year Built
5,001 sq ftLot Size
$133Price/Sq.Ft.
2 spacesParking
Listed by Manuel Del Hoyo Castro• Naples Realty Group
Upper Hill, located between Downtown Springfield and Forest Park, is a residential and institutional Springfield neighborhood with hillside streets and landmark civic buildings. The neighborhood’s character concentrates around the State Street and Belmont Avenue corridor, where corner markets, takeout counters, and small storefronts line the busier blocks. The Springfield Museums campus and the Dr. Seuss National Memorial Sculpture Garden act as cultural anchors with a strong sense of place. Nearby, Symphony Hall adds a formal note to evenings on the hill. Housing ranges from older multifamily homes to compact apartment buildings, with mature trees and stone retaining walls shaping the streetscape. Views open toward the Connecticut River valley from higher elevations.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Living room
Dining room
Kitchen
15 total rooms
Bathrooms
2 full bathrooms
1 half bathroom
Exterior features
Porch
Level lot
Home design
Multi-family property
3 total stories
3 levels
Parking
2 off-street paved parking spaces
Construction
Block foundation
Shingle roof
Built (year per public records)
Utilities
Public water
Public sewer
Gas connection for range
HOA & community
Not a senior community
Other
Total building area 3,236
Lot approximately 0.11 acres
Electricity and solar
View estimated energy costs and solar savings for this home
NICE 2 FAM!MONEY MAKER!MANY UPDATES TO KITCHENS & BATHS, 1 NEW FURNACE,NEW WINDOWS ON 2ND FLOOR,NEW GUTTERS + DOORS. RE-BUILT PORCH,2 CAR GARAGE "AS IS" ALL INFO A.P.O. DON'T WAIT!
MLS PIN #30215631
May 8, 1998
Sold
$34,500
$11/sq ft
Apr 13, 1998
Listed
$39,900
$12/sq ft
2ND FLOOR NEW WINDOWS,CIRCUIT BREAKERS BOTH FLOORS. LIVE RENT FREE! 2ND FLOOR FURNACE & HOT WATER TANK FAIRLY NEW.NEW KITCHEN CABINETS ON 1ST FLOOR.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2580754
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 24, 2025.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Historical weather
Springfield, MA • 01109
Average low and high temperatures (°F)
32
17
35
18
52
31
62
41
70
50
83
61
86
66
83
59
78
55
66
44
52
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 42-44 Dearborn St
$428,798
$1,102 under list price of $430K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $331K to $475K.