**One Unit to be delivered vacant** Welcome to 38 Prospect St! This meticulously maintained 2 Unit Multifamily in Ludlow is an incredible opportunity for both investors and owner occupants. Updated throughout, this property offers 1,697 sqft of living space, with each unit featuring a comfortable 2 bed, 1 bath layout.Set on a generous 5,009 sqft lot, the exterior boasts plenty of off street parking, a shed, and a highly desirable detached 2 car garage. Location is everything, and this home delivers! You are just minutes away from major highways, commuter routes, and some of the areas best amenities, shopping, and dining.With long term tenants at will already in place, this property offers immediate income potential and endless possibilities. Whether you are looking to house hack or expand your portfolio, this is an absolute must see. Opportunities like this do not last long. **Showings will be held at the open house on 4/18/26
Sold for $385,000
$385,000
38 Prospect St, Ludlow, MA 01056
4beds
1,697sqft
Multi Family
Built in 1919
-- sqft lot
$385,300 Zestimate®
$227/sqft
$1,740 Estimated rent
Home value
$385,300
$358,000 - $412,000
$1,740/mo
Zestimate® history
Owner options
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$1,740/mo
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$1,740/mo
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$2,746/mo
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$2,746/mo
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Updated throughout
Zillow last checked:
Listing updated:
Listed by:
Jaquaine Coe 508-989-6943,
The LGCY Group LLC 508-989-6943
Bought with:
Kathryn Daviau
Lock and Key Realty Inc.
Source: MLS PIN,MLS#: 73500987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
- Windows: Insulated Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,697
- Total interior livable area: 1,697 sqft
- Finished area above ground: 1,697
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Deck
Lot
- Size: 5,009 Square Feet
Details
- Parcel number: M:15A B:11950 P:327,2555640
- Zoning: RES B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1919
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Ludlow
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $266,300
- Annual tax amount: $4,620
- Date on market: 6/26/2026
- Exclusions: Sellers Personal Items
- Total actual rent: 2500
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Sold | $385,000$227/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 8/5/2026 | Pending sale | $385,000$227/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 8/2/2026 | Price change | $385,000-7.4%$227/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 6/28/2026 | Listed for sale | $415,900$245/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 6/11/2026 | Pending sale | $415,900$245/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 5/28/2026 | Price change | $415,900+4%$245/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 5/13/2026 | Price change | $399,943-8.9%$236/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 4/14/2026 | Listed for sale | $438,943+125.1%$259/sqft |
Source: MLS PIN #73500987 Report a problem | ||
| 7/14/2015 | Sold | $195,000-9.3%$115/sqft |
Source: Public Record Report a problem | ||
| 3/24/2015 | Listed for sale | $214,900$127/sqft |
Source: Ideal Real Estate Services, Inc. #71805725 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,620 +4.8% | $266,300 +9.3% |
| 2024 | $4,409 +1.4% | $243,700 +9.3% |
| 2023 | $4,349 +1.5% | $222,900 +4% |
| 2022 | $4,284 +3.6% | $214,300 +9.2% |
| 2021 | $4,136 +4.5% | $196,200 +2.2% |
| 2020 | $3,959 +6.7% | $192,000 +2.5% |
| 2019 | $3,712 +4.3% | $187,300 +0.1% |
| 2018 | $3,559 +5% | $187,200 +2.4% |
| 2017 | $3,389 +11.8% | $182,900 +9.4% |
| 2016 | $3,031 | $167,200 |
Find assessor info on the county website
Neighborhood: 01056
Nearby homes
- $1,6002 bd1 ba800 sqft38 Prospect St #2, Ludlow, MA 01056For Rent
- $279,4002 bd1 ba1.1k sqft32 Prospect St, Ludlow, MA 01056Off Market
- $341,3004 bd2 ba1.8k sqft42 Prospect St, Ludlow, MA 01056Off Market
- $398,4004 bd2 ba2.9k sqft28-30 Prospect St, Ludlow, MA 01056Off Market
- $250,0003 bd2 ba2.2k sqft37 Prospect St, Ludlow, MA 01056Sold
- $--2 bd1 ba-- sqft43 Prospect St, Ludlow, MA 01056Off Market
- $1,6002 bd1 ba-- sqft43 Prospect St #3, Ludlow, MA 01056For Rent
- $310,0003 bd2 ba1.5k sqft52 Prospect St, Ludlow, MA 01056Sold
Nearby schools
GreatSchools rating
- NAEast Street Elementary SchoolGrades: PK-1Distance: 0.4 mi
- 4/10Paul R Baird Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Ludlow Senior High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: East Street
- Middle: Paul R Baird
- High: Ludlow Senior
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
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$385,300
2% more
+$7,706
With Zillow Showcase(estimated)
$393,006
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$385,300
2% more
+$7,706
With Zillow Showcase(estimated)
$393,006
- Massachusetts
- Hampden County
- Ludlow
- 01056
- 38 Prospect St
