Rare investment opportunity in West Springfield! Offered together, 331 and 337 Main Street feature two separately deeded multi-family homes with a total of four units and excellent income potential. Each property offers an occupied first-floor unit with 2 bedrooms and 1 full bath, while the spacious upper-level units are vacant and ready for new tenants or owner occupancy. At 331 Main Street, the second unit spans two levels and features 5 bedrooms, 2 full baths, and additional living and gathering spaces offering plenty of flexibility. At 337 Main Street, the updated second unit also spans two levels, offering 4 bedrooms and 1 full bath, ready for immediate occupancy. All four units feature separate utilities, in-unit laundry, and their own porch or balcony. A two-car garage adds additional parking and storage. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the others, this unique offering presents incredible possibilities. Two properties with four units equal one great investment opportunity! Schedule your showing today!
Multi-familyProperty Type
1895Year Built
$104Price/Sq.Ft.
2 garage spacesParking
Listed by Stephanie Salerno• Coldwell Banker Realty
Merrick, located between the Connecticut River waterfront and the Route 5 corridor, is a residential and civic West Springfield Town neighborhood with river-adjacent open space and a classic New England street grid. The neighborhood’s character concentrates around the Riverdale Street and Elm Street area, where auto-era storefronts, local eateries, and everyday errands cluster in a steady hum of traffic. Housing reads as mid-century capes and ranches mixed with older colonials on leafy blocks. The river edge and nearby parks shape a walk-and-pedal rhythm. Civic life orbits town institutions and seasonal events. Commuter routes thread through without erasing the small-block feel.
Provided by Walk Score and Local Logic
Market insights
331-337 Main St · $599,000
DAYS ON MARKET
14 days
The average home goes pending in 27 days.
SALE-TO-LIST
100.9%
Most homes are selling 1% above list price.
LIST PRICE
$599,000
Median list price in this area is $394,466. (34% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
23 rooms
Ceiling fans
Living room, dining room, kitchen, and family room
Full, unfinished basement
One fireplace
Insulated windows
Bathrooms
5 full bathrooms
Kitchen
Range, refrigerator
Flooring
Wood, vinyl flooring
Heating & cooling
Natural gas heating
Exterior features
Level lot
Public road frontage
Porch, deck, and balconies
Home design
Four-family property
6 stories
Parking
2-car garage
9 open parking spaces
Off-street parking
Construction
Frame construction
Brick and mortar foundation
Shingle roof
White exterior
Lead paint certified treated
Utilities
Public water and sewer
Individually metered electricity
Electricity and solar
View estimated energy costs and solar savings for this home
WONDERFUL PRICE........Very pretty 2-family with over 3000 sf of living space. This property is sided with newer windows, roof, insulation, Lead Certificate, and some updated mechanicals (all APO). Possibility of extra living space on third floor. Good sized lot with much privacy and shows very well. MOTIVATED SELLER.
Public Records
Dec 17, 1986
Sold
$172,000
$30/sq ft
Public Records
Feb 5, 1985
Sold
$59,900
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,972 (+1.7%)
$86,000 + $169,600
$255,600
2022
$3,904 (+21.3%)
$78,100 + $169,600
$247,700
2021
$3,219 (−0.6%)
$63,000 + $127,500
$190,500
2020
$3,237 (+0.2%)
$63,000 + $127,500
$190,500
2019
$3,231 (−0.5%)
$63,000 + $127,500
$190,500
2018
$3,248
$63,000 + $127,500
$190,500
2017
$3,248 (+1.7%)
$63,000 + $127,500
$190,500
2016
$3,194 (+0.6%)
$60,500 + $127,500
$188,000
2015
$3,174 (+3.6%)
$59,300 + $127,500
$186,800
2014
$3,065 (+1.9%)
$59,300 + $127,500
$186,800
2013
$3,009 (−4.7%)
$51,600 + $131,400
$183,000
2012
$3,157 (+13.7%)
$51,600 + $131,400
$183,000
2011
$2,777
$54,000 + $112,100
$166,100
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
3
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,276
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,276
Year built
1912
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2660287
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 25, 2025.
RC
Residence C District
The purpose of the RC District is to provide for residential neighborhoods of higher densities that allow for a mix of residential and professional office uses.
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Lodging & hospitality-Other
Public service
Educational/school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
West Springfield, MA • 01089
Average low and high temperatures (°F)
32
17
35
19
52
31
62
41
70
50
82
60
86
65
82
59
77
55
66
44
52
35
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.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 331-337 Main St
$598,073
$927 under list price of $599K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $445K to $665K.