SOLD SEP 15, 2025

Off Market Sep 2025 for $455K

$494,244

Est. refi paymentEst. refi $2,252/mo

•

3,258

sq ft

49 Prospect St, Springfield, MA 01107

About this home

Welcome to this established 3-family investment property in Springfield, MA! Three spacious 3BR apartments, all currently occupied with reliable tenants providing immediate steady cash flow. Located near schools, parks, shopping & public transit with easy highway access. This turnkey opportunity comes with existing tenants who remain, eliminating vacancy concerns & providing instant rental income from day one. Perfect for investors seeking proven cash-flowing property with established rental history. Don't miss this rare fully-occupied 3-family home with guaranteed immediate returns!

Multi-familyProperty Type

1910Year Built

5,654 sq ftLot Size

$152Est. Price/Sq.Ft.

Listed by Mark Lesses Group • Coldwell Banker Realty - Lexington

Bought with Samuel Saillant • United Brokers

Redfin checked: 2 minutes ago

•Source:MLS PIN #73410362

Redfin Estimate

$494,244

$39K since sold in September 2025$2,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20.1% higher than the average sale price ($412K) of 6 comparable homes.

SOLD MAY 22, 2026
$420,000
A
6 beds3 baths3,405 sq ft
68-72 Mooreland St, Springfield, MA 01104
SOLD OCT 31, 2025
$355,000
B
9 beds3 baths3,366 sq ft
75-77 Mooreland St, Springfield, MA 01104
SOLD MAY 7, 2026
$450,000
C
8 beds3 baths3,475 sq ft
211-213 Chapin Ter, Springfield, MA 01104
SOLD MAR 26, 2026
$515,000
D
9 beds3 baths3,474 sq ft
744-746 Carew St, Springfield, MA 01104
SOLD MAR 6, 2026
$460,000
E
11 beds3 baths3,714 sq ft
26 Huntington St, Springfield, MA 01107
SOLD JAN 7, 2026
$270,000
F
9 beds3 baths3,679 sq ft
482 Chestnut St, Springfield, MA 01107

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Earn from this home

Sell

$110,749

Est. take-home

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Refinance

Est. cash available

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Market trends in 01107, MA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.6%

+0.1% MoM

Median sale price

$406K

$4K MoM

Avg. days on market

31d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 11AM TO 12:30PM
$449,900
8 beds3 baths3,134 sq ft
30-32 Huntington St, Springfield, MA 01107
$299,900
4 beds1 bath1,015 sq ft
196 Massasoit St, Springfield, MA 01107
See all

Provided by Redfin

Sale history for 49 Prospect St

Date

Event

Price

MLS PIN #73410362

Sep 15, 2025

Sold

$455,000

$140/sq ft

Aug 19, 2025

Contingent

—

Aug 14, 2025

Relisted

—

Aug 6, 2025

Contingent

—

Jul 28, 2025

Listed

$415,000

$127/sq ft

MLS PIN #73178593

Jan 1, 2024

Sold

$365,000

$112/sq ft

Dec 13, 2023

Contingent

—

Dec 6, 2023

Price Changed

$384,900

$118/sq ft

Dec 6, 2023

Relisted

—

Nov 17, 2023

Contingent

—

Nov 6, 2023

Listed

$389,900

$120/sq ft

Welcome to this fantastic 3-family home in the heart of Springfield, MA. This property offers not just one, but three spacious 3-bedroom apartments, making it an exceptional investment opportunity for savvy real estate investors. This property enjoys proximity to schools, parks, shopping centers, and all the amenities the city has to offer. Commuting is a breeze with easy access to major highways and public transportation. Whether you're looking to rent all three units or occupy one while renting out the others, this property provides flexibility for various investment strategies. Each apartment boasts ample living space, including three comfortable bedrooms, providing plenty of room for families or tenants to enjoy. Don't miss out on this incredible opportunity to own a cash-flowing 3-family home in Springfield, MA.

RENT. #1

Mar 31, 2022

Price Changed

$1,350

$0/sq ft

MLS PIN #72929426

Feb 7, 2022

Sold

$285,000

$87/sq ft

Jan 18, 2022

Contingent

—

Dec 23, 2021

Listed

$289,999

$89/sq ft

+13

Great investment opportunity to own a 3 family. Located right between Baystate and Mercy Hospital with easy highway access. Each unit consists of 3 bedrooms, 1 bathroom, living room and an eat in kitchen. Separated utilities of electric heat, hot water. Owner water/sewer meter. Basement is shared with laundry hook ups. Off street parking for each tenant. Throughout the years the roof, electrical and heating system have been updated. 1st floor is vacant, 2nd and 3rd floor occupied with paying tenants. Potential for rent increase to generate more income!

MLS PIN #71130563

Dec 23, 2011

Sold

$85,000

$26/sq ft

Aug 31, 2010

Listed

$95,000

$29/sq ft

Public Records

Dec 10, 2004

Sold

$165,000

$51/sq ft

Public Records

Dec 31, 2003

Sold

$119,500

$37/sq ft

MLS PIN #20050508

May 26, 1994

Sold

$15,000

$5/sq ft

Apr 5, 1994

Listed

$19,900

$6/sq ft

Public Records

Jun 8, 1993

Sold

$56,700

$17/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$3,865 (−7.7%)

$27,900 + $198,800

$226,700

2022

$4,186 (+2.4%)

$26,100 + $196,300

$222,400

2021

$4,086 (+12.7%)

$23,700 + $192,500

$216,200

2020

$3,627 (+37.3%)

$23,700 + $162,000

$185,700

2019

$2,641 (−7.9%)

$23,700 + $110,500

$134,200

2018

$2,867 (+11.1%)

$23,700 + $122,000

$145,700

2017

$2,581 (+5.2%)

$17,200 + $114,100

$131,300

2016

$2,454 (+3.8%)

$17,200 + $107,600

$124,800

2015

$2,364 (+8.1%)

$17,200 + $103,000

$120,200

2014

$2,186 (−5.7%)

$19,300 + $91,600

$110,900

2013

$2,318 (−2.5%)

$19,300 + $98,300

$117,600

2012

$2,378 (+4.2%)

$19,300 + $100,600

$119,900

2011

$2,282

$23,400 + $93,700

$117,100

Tax history for 49 Prospect St

Year

Property tax

Land + Additions

Assessment*

2023

$3,865 (−7.7%)

$27,900 + $198,800

$226,700

2022

$4,186 (+2.4%)

$26,100 + $196,300

$222,400

2021

$4,086 (+12.7%)

$23,700 + $192,500

$216,200

2020

$3,627 (+37.3%)

$23,700 + $162,000

$185,700

2019

$2,641 (−7.9%)

$23,700 + $110,500

$134,200

2018

$2,867 (+11.1%)

$23,700 + $122,000

$145,700

2017

$2,581 (+5.2%)

$17,200 + $114,100

$131,300

2016

$2,454 (+3.8%)

$17,200 + $107,600

$124,800

2015

$2,364 (+8.1%)

$17,200 + $103,000

$120,200

2014

$2,186 (−5.7%)

$19,300 + $91,600

$110,900

2013

$2,318 (−2.5%)

$19,300 + $98,300

$117,600

2012

$2,378 (+4.2%)

$19,300 + $100,600

$119,900

2011

$2,282

$23,400 + $93,700

$117,100

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,663 Sq. Ft.

Year renovated

2016

Sq. Ft.

3,258

Year built

1910

Style

Multi-Family (2-4 Unit)

County

Hampden County

APN

2602649

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

Property details

Interior

Bathroom Information
# of Bathrooms (Full): 3

Interior Features
# of Rooms (Total): 15
Interior Features: Living Room, Kitchen

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: 3

Exterior

Building Information
Building Area (Total): 3,258
Foundation Details: Brick/Mortar
Construction Materials: Brick
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Certified Treated

Exterior Features
Roof: Shingle

Property Information
PropertySubType: 3 Family

Lot Information
Lot Size (Acres): 0.13

Financial

Tax Information
Tax Annual Amount: $5,038
Tax Year: 2025

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service

Heating & Cooling
Has Heating
Has Cooling
Heating: Electric
Heating Units: 3
Cooling: Window Unit(s)

Location

Location Information
Directions: I-91 to Springfield exit
UnparsedAddress: 49 Prospect St, Springfield MA 01107

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Park, Medical Facility, Highway Access, Public School

Public facts

Beds: 9
Baths: 3.0
Sq. Ft.: 3,258
Stories: 3.0
Lot Size: 5,663 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 2016
County: Hampden County
APN: 2602649

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Springfield Public Day Elementary School

Public 1-5 • Assigned • 0.5mi

2/10

Springfield Public Day Middle School

Public 6-8 • Assigned • 0.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Springfield, MA • 01107

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

9.1 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$470,000 – $569,000

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New listings for sale in 01107

OPEN SAT, 11AM TO 12:30PM

$449,900

8 beds3 baths3,134 sq ft

30-32 Huntington St, Springfield, MA 01107

$299,900

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Home values near 49 Prospect St

Data from public records.

Address	Redfin Estimate
10 Prospect Terrace, Springfield, MA 12 Beds \| 4 Baths \| - Sq. Ft.	$630,302
77 Prospect Street, Springfield, MA 6 Beds \| 3 Baths \| 3454 Sq. Ft.	$448,029

Address	Redfin Estimate
65 Prospect Street, Springfield, MA 6 Beds \| 3 Baths \| 4121 Sq. Ft.	$419,638
72 Prospect Street, Springfield, MA 6 Beds \| 3 Baths \| 3095 Sq. Ft.	$427,204

Address	Redfin Estimate
73 Prospect Street, Springfield, MA 7 Beds \| 3 Baths \| 3446 Sq. Ft.	$430,048
54 Prospect Street, Springfield, MA 9 Beds \| 3 Baths \| 3766 Sq. Ft.	$431,993

Property information provided by undefined .

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