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Sold for $518,000
    • $518,000

    38 Forest Park Ave #40, Springfield, MA 01108

    8beds
    3,900sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $486,900 Zestimate®
    $133/sqft
    $1,957 Estimated rent

    Home value

    $486,900

    $448,000 - $521,000

    $1,957/mo

    Zestimate® history

    Owner options

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    $3,556/mo

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    $3,556/mo

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    What's special

    The Best 2-family home available in Springfield is finally here! This beautifully remodeled property features two spacious apartments, each thoughtfully updated with modern finishes. Both units boast stunning kitchens with quartz countertops and quartz waterfall island, fully renovated bathrooms with custom-tiled baths, and elegant formal dining rooms. The first-floor unit offers an additional bonus family room, providing extra living space next to the main living room. A new roof and replacement windows throughout most of the home enhance durability and energy efficiency. The property also includes an unfinished attic and basement, offering potential for expansion or extra storage. With two driveways for ample off-street parking, this home is perfect for owner-occupants looking for rental income or investors seeking a turnkey property Perfect for AirBNB or Long Term Rental, Located Near Basketball Hall Of Fame, MGM Casino, Schools And Major Parks Schedule your showing today

    Zillow last checked:

    Listing updated:

    Listed by:

    The Gallagher, Aguasvivas & Bloom Team 413-536-7232,

    Gallagher Real Estate 877-533-3539,

    Brian Aguasvivas 413-374-7273

    Bought with:

    The Gallagher, Aguasvivas & Bloom Team

    Gallagher Real Estate

    Source: MLS PIN,MLS#: 73359669

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Basement: Unfinished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,900
    • Total interior livable area: 3,900 sqft
    • Finished area above ground: 3,900

    Property

    Parking
    • Total spaces: 8
    • Uncovered spaces: 8
    Lot
    • Size: 8,438 Square Feet
    • Features: Level
    Details
    • Parcel number: S:05280 P:0009,2584917
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Block
    Condition
    • Year built: 1923

    Utilities & green energy

    • Electric: 110 Volts, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $133/sqft
    • Tax assessed value: $290,300
    • Annual tax amount: $4,662
    • Date on market: 9/12/2026
    • Total actual rent: 5000

    Price history

    DateEventPrice
    7/31/2025Sold$518,000+3.6%$133/sqft
    Source: MLS PIN #73359669 Report a problem
    4/15/2025Listed for sale$499,992+100%$128/sqft
    Source: MLS PIN #73359669 Report a problem
    11/15/2024Sold$250,000+35.1%$64/sqft
    Source: Public Record Report a problem
    10/12/2004Sold$185,000+29.8%$47/sqft
    Source: Public Record Report a problem
    7/21/2003Sold$142,500+108%$37/sqft
    Source: Public Record Report a problem
    8/28/1997Sold$68,500$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,074 +8.8%$323,600 +11.5%
    2024$4,662 +6.4%$290,300 +13%
    2023$4,382 +5.3%$257,000 +16.2%
    2022$4,161 +7.1%$221,100 +7.6%
    2021$3,884 +5.1%$205,500 +8.6%
    2020$3,697 +21.1%$189,300 +22.1%
    2019$3,052 -1.5%$155,100 -1.5%
    2018$3,100 -7.7%$157,500 -7.8%
    2017$3,358 +7.1%$170,800 +7.1%
    2016$3,136 +1.5%$159,500 +1.5%
    2015$3,090 -0.1%$157,100 +0.1%
    2014$3,092 +1.5%$156,900 +1.5%
    2013$3,047 -8.1%$154,600 -7.5%
    2012$3,314 -4.8%$167,100 -6.4%
    2011$3,481 -14.1%$178,600 -14.1%
    2010$4,054 +3%$207,900 -5.5%
    2009$3,936 -1.8%$220,000 -12%
    2008$4,009 +17.7%$250,100 +17.7%
    2007$3,407 +15.2%$212,400 +22.1%
    2006$2,958 +9.6%$174,000 +12.9%
    2005$2,698 +20.9%$154,100 +31.1%
    2004$2,231 +18%$117,500 +20.6%
    2003$1,891 +6.4%$97,400 +8.9%
    2002$1,777 $89,400
    Find assessor info on the county website

    Neighborhood: Forest Park

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    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $486,900
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    +$9,738
    With Zillow Showcase(estimated)

    $496,638

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $486,900
    2% more
    +$9,738
    With Zillow Showcase(estimated)

    $496,638

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