For sale

Price cut: $5K (3/15)

$484,900

201 Main St, Springfield, MA 01151

9beds

3,801sqft

Est.:

3 Family

Built in 1909

-- sqft lot

$482,800 Zestimate^®

$128/sqft

$-- HOA

What's special

Separate utilities

Welcome to 201 Main Street in Indian Orchard! A fantastic investment opportunity! This three-family home offers spacious 3-bedroom units on each floor, with one vacant unit ready for an owner-occupant or new tenant. Each apartment features generous layouts, separate utilities, and strong rental potential, making this property a true cash cow. Conveniently located near bus routes, shopping centers, and local amenities, this multifamily is just a 5-minute drive to Boston Road’s new Springfield Crossing Center, offering easy access to restaurants, retail, and more. Whether you’re looking to expand your portfolio or live in one unit while tenants help pay the mortgage, this property is a smart and strategic choice. Don’t miss out on this income-producing gem in a prime Springfield location! Open House Saturday, November 8th 1-2:30pm!

137 days

788

40

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Features

Flooring: Vinyl, Carpet
Windows: Insulated Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,801
Total interior livable area: 3,801 sqft
Finished area above ground: 3,801

Property

Parking

Parking features: Open
Has uncovered spaces: Yes

Features

Patio & porch: Porch

Lot

Size: 2,879 Square Feet
Features: Easements

Details

Parcel number: S:08132 P:0272,4629593
Zoning: B1

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Stone
Foundation: Stone
Roof: Shingle,Tar/Gravel

Condition

Year built: 1909

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park, House of Worship, Public School

Location

Region: Springfield

Financial & listing details

Price per square foot: $128/sqft
Tax assessed value: $384,600
Annual tax amount: $6,031
Date on market: 11/4/2025
Total actual rent: 2325

Estimated market value

$482,800

$459,000 - $507,000

$2,003/mo

Price history

Date	Event	Price
3/15/2026	Price change	$484,900-1%$128/sqft
Source: MLS PIN #73451258 Report a problem
1/13/2026	Price change	$489,900-2%$129/sqft
Source: MLS PIN #73451258 Report a problem
11/5/2025	Listed for sale	$499,900+100%$132/sqft
Source: MLS PIN #73451258 Report a problem
5/2/2019	Listing removed	$250,000$66/sqft
Source: Executive Real Estate, Inc. #72490273 Report a problem
4/30/2019	Pending sale	$250,000$66/sqft
Source: Executive Real Estate, Inc. #72490273 Report a problem
4/30/2019	Listed for sale	$250,000+212.5%$66/sqft
Source: Executive Real Estate, Inc. #72490273 Report a problem
8/22/2017	Sold	$80,000-54.3%$21/sqft
Source: Public Record Report a problem
6/8/2017	Listed for sale	--
Source: Auction.com Report a problem
7/25/2007	Sold	$175,000$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,031 +14.3%	$384,600 +17.1%
2024	$5,276 +18.1%	$328,500 +25.4%
2023	$4,467 +9.9%	$262,000 +21.4%
2022	$4,063 -1.8%	$215,900 -1.4%
2021	$4,139 -0.3%	$219,000 +3%
2020	$4,152 +10.2%	$212,600 +11.1%
2019	$3,767 +7%	$191,400 +7%
2018	$3,521 +4.9%	$178,900 +4.7%
2017	$3,358 -1%	$170,800 -1%
2016	$3,393 -0.9%	$172,600 -0.9%
2015	$3,425 +1.5%	$174,100 +1.7%
2014	$3,374 +7.9%	$171,200 +7.9%
2013	$3,128 -5.1%	$158,700 -4.5%
2012	$3,296 -4.4%	$166,200 -6%
2011	$3,446 +5.8%	$176,800 +5.8%
2010	$3,258 -0.2%	$167,100 -8.4%
2009	$3,265 -5.1%	$182,500 -15%
2008	$3,440 +1.4%	$214,600 +1.5%
2007	$3,392	$211,500
2006	--	--