Turn-key 4-family investment opportunity featuring four oversized 3-bedroom, 1-bath units, each nearly 1,700 sq ft and including a living room, kitchen, and enclosed porch. Recent updates include new flooring, new kitchens, updated bathrooms, and fresh paint. All four units are currently rented to tenants in good standing, generating over $72,000 in annual gross rental income, with strong potential for further increases. All units have lead certificates, and utilities are separately metered, with tenants paying all except water. The property is professionally managed and includes a paved driveway with off-street parking for two vehicles. A spacious, well-maintained asset offering immediate cash flow and long-term upside.
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Market trends in 01107, MA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
104.2%
+0.4% MoM
Median sale price
$340K
$45K MoM
Avg. days on market
21d
0 days MoM
Recently sold homes
11
0 MoM
Provided by Redfin
Sale history for 580 Plainfield St
Date
Event
Price
MLS PIN #73355699
Oct 23, 2025
Sold
$600,000
$90/sq ft
Aug 10, 2025
Relisted
—
May 19, 2025
Relisted
—
Apr 7, 2025
Listed
$599,000
$89/sq ft
APPFOLIO #2
Feb 2, 2024
Rental Removed
$1,700
$0/sq ft
Jan 24, 2024
Price Changed
$1,700
$0/sq ft
Jan 20, 2024
Listed for Rent
$1,400
$0/sq ft
RENT. #1
Dec 22, 2022
Rental Removed
—
MLS PIN #72579691
Dec 27, 2019
Sold
$292,000
$44/sq ft
Oct 14, 2019
Listed
$299,000
$45/sq ft
+10
Come check out this spacious 4-family home! Great for an investor and is turn-key ready. Some improvements include the turnover of three of the units, which includes a new kitchen, a new bathroom, a fresh coat of paint, and buffed flooring! Each unit includes a living room, kitchen, three bedrooms, and a full bathroom. Located in a convenient location that is walking distance from local shopping centers with a PVTA stop right around the corner. You are going to have to come see it to believe it! Book a showing today!
MLS PIN #72271331
Mar 30, 2018
Sold
$215,000
$32/sq ft
Jan 14, 2018
Listed
$235,000
$35/sq ft
Great investment opportunity. Large 4 family, hardwood floors throughout. Needs a new roof and a little TLC.
MLS PIN #70241862
Sep 30, 2005
Sold
$245,000
$37/sq ft
Aug 13, 2005
Listed
$249,900
$37/sq ft
Public Records
Oct 27, 1987
Sold
$145,000
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,666 (−11.8%)
$28,300 + $304,000
$332,300
2022
$6,425 (+27.4%)
$26,400 + $315,000
$341,400
2021
$5,044 (+13.5%)
$24,000 + $242,900
$266,900
2020
$4,443 (+21.0%)
$24,000 + $203,500
$227,500
2019
$3,672 (+5.8%)
$24,000 + $162,600
$186,600
2018
$3,470 (+12.5%)
$20,000 + $156,300
$176,300
2017
$3,085 (+6.5%)
$18,000 + $138,900
$156,900
2016
$2,898 (+3.3%)
$18,000 + $129,400
$147,400
2015
$2,805 (+13.1%)
$18,000 + $124,600
$142,600
2014
$2,481 (+8.5%)
$17,600 + $108,300
$125,900
2013
$2,286 (−0.6%)
$19,500 + $96,500
$116,000
2012
$2,300 (−4.5%)
$19,500 + $96,500
$116,000
2011
$2,409
$17,600 + $106,000
$123,600
Tax history for 580 Plainfield St
Year
Property tax
Land + Additions
Assessment*
2023
$5,666 (−11.8%)
$28,300 + $304,000
$332,300
2022
$6,425 (+27.4%)
$26,400 + $315,000
$341,400
2021
$5,044 (+13.5%)
$24,000 + $242,900
$266,900
2020
$4,443 (+21.0%)
$24,000 + $203,500
$227,500
2019
$3,672 (+5.8%)
$24,000 + $162,600
$186,600
2018
$3,470 (+12.5%)
$20,000 + $156,300
$176,300
2017
$3,085 (+6.5%)
$18,000 + $138,900
$156,900
2016
$2,898 (+3.3%)
$18,000 + $129,400
$147,400
2015
$2,805 (+13.1%)
$18,000 + $124,600
$142,600
2014
$2,481 (+8.5%)
$17,600 + $108,300
$125,900
2013
$2,286 (−0.6%)
$19,500 + $96,500
$116,000
2012
$2,300 (−4.5%)
$19,500 + $96,500
$116,000
2011
$2,409
$17,600 + $106,000
$123,600
*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
12
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Sq. Ft.
9,176
Year built
1925
Style
Multi-Family (5+ Unit)
County
Hampden County
APN
2601847
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RES A
Low Density Residential District
Low density residential, primarily single-family detached
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Other
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 20
Flooring: Wood, Tile, Vinyl, Hardwood
Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
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
Lease: Y
Exterior
Building Information
Building Area (Total): 6,696
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Certified Treated
Exterior Features
Roof: Shingle
Patio And Porch Features: Enclosed
Exterior Features: Balcony/Deck
Property Information
PropertySubType: 4 Family
Lot Information
Lot Size (Acres): 0.14
Lot Features: Corner Lot
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $6,504
Tax Year: 2024
Utilities
Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts
Heating & Cooling
Has Heating
Heating: Steam, Natural Gas
Location
Location Information
Directions: Use GPS
UnparsedAddress: 580 Plainfield St, Springfield MA 01107
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Public facts
Beds: 12
Baths: —
Sq. Ft.: 9,176
Stories: 2.0
Lot Size: 6,098 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1925
Year Renovated: —
County: Hampden County
APN: 2601847
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Brightwood Elementary School
Public PreK-5 • Assigned • 0.6mi
3/10
Springfield Public Day Middle School
Public 6-8 • Assigned • 0.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Springfield, MA • 01107
Average low and high temperatures (°F)
32
18
35
19
52
31
63
41
71
50
83
61
88
67
83
59
77
55
66
44
52
34
37
22
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.