For sale

$1,250,000

50 Stevens St, Springfield, MA 01104

10beds

2,930sqft

$8,536/mo

Get pre-qualified

5+ Family - 5+ Units Side by Side

Built in 1927

-- sqft lot

$-- Zestimate^®

$427/sqft

$-- HOA

What's special

Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time.With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.

11 days
67
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 10
Full bathrooms: 10

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,930
Total interior livable area: 2,930 sqft
Finished area above ground: 2,930

Property

Parking

Total spaces: 10
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 10

Lot

Size: 0.27 Acres

Details

Foundation area: 0
Parcel number: S:11155 P:0011,2607049
Zoning: B1

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Side by Side

Materials

Brick
Foundation: Slab
Roof: Rubber

Condition

Year built: 1927

Utilities & green energy

Electric: Common
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School

Location

Region: Springfield

Financial & listing details

Price per square foot: $427/sqft
Tax assessed value: $583,300
Annual tax amount: $9,146
Date on market: 9/15/2026
Listing terms: Contract
Total actual rent: 12150
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,639/mo

Price history

Date	Event	Price
8/27/2026	Listed for sale	$1,250,000+48.8%$427/sqft
Source: MLS PIN #73568827 Report a problem
3/2/2024	Listing removed	$840,000$287/sqft
Source: MLS PIN #73192222 Report a problem
1/10/2024	Listed for sale	$840,000+611.9%$287/sqft
Source: MLS PIN #73192222 Report a problem
8/2/2001	Sold	$118,000$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,146 +46.5%	$583,300 +50%
2024	$6,244 +26.1%	$388,800 +33.9%
2023	$4,950 +10.8%	$290,300 +22.3%
2022	$4,468 -20.9%	$237,400 -20.6%
2021	$5,651 -10.3%	$299,000 -7.3%
2020	$6,300 +11.7%	$322,600 +12.5%
2019	$5,642 +21%	$286,700 +21%
2018	$4,664 -6.1%	$237,000 -6.2%
2017	$4,966 +8.4%	$252,600 +8.4%
2016	$4,583 +4.3%	$233,100 +4.3%
2015	$4,394 -8.6%	$223,400 -8.4%
2014	$4,807 +4.3%	$243,900 +4.3%
2013	$4,608 -0.6%	$233,800
2012	$4,636 -13.8%	$233,800 -15.3%
2011	$5,377 -12%	$275,900 -12%
2010	$6,113 +51%	$313,500 +38.5%
2009	$4,049 -7%	$226,300 -16.7%
2008	$4,354 +4.7%	$271,600 +4.8%
2007	$4,158 +15.9%	$259,200 +22.8%
2006	$3,587 +17.5%	$211,000 +21%
2005	$3,054 +22.4%	$174,400 +32.7%
2004	$2,495 +32.4%	$131,400 +35.3%
2003	$1,885 +7.8%	$97,100 +10.3%
2002	$1,749	$88,000