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201 Main St, Springfield MA 01151

Springfield, MA 01151
$475,000
Est. $3,104/month
9
Beds
3
Baths
3,801
Sq Ft
$125
Price/Sq Ft
0.07
Acres
1909
Year Built
45
Days on Market
Active Listed May 29, 2026 • MLS# 73526948 Copied! • Updated Jun 2, 2026

About this home

OPEN HOUSE SAT 6/6 11:30-12:30pm. 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!

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Property History

Property Timeline

🏠
Listed for Sale
May 30, 2026
$475,000
Original listing
Agent: Sheila Perez Office: Naples Realty Group

Tax History

Year Taxes Assessment
2025 $6,031 $384,600

Financial Details

Annual Property Tax
$6,031
Tax Year 2025
Assessed Value
$384,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1909
Living Area 3,801 sq ft
Lot Size 0.07 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $1,325/mo · Y
Unit 2 Rent — · N
Unit 3 Rent $1,000/mo · N
Total Monthly Rent $2,325/mo
Gross Income $27,900
Net Operating Income $27,900
Cap Rate 5.87%
Heating None
Cooling None
Flooring Vinyl, Carpet
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Stone
Architecture None
Roof Shingle, Tar/gravel
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,031
Assessed Value $384,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Seller Has Never Resided In Property.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 156 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1909
Bedrooms
9
Full Bathrooms
3
Living Area
3,801 sq ft
Total Rooms
15
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Carpet
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials: Stone
Roof: Shingle, Tar/Gravel
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Parking Features:
School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
0.4% above state avg
E

Elementary Schools

10 schools
C
Springfield International Charter School
2.4 mi | #279 of 346 | Score: 43.4
Improved 37 spots from last year
-14.8 below state avg
1,511 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades K-12
A+
Springfield Preparatory Charter School
2.8 mi | #2 of 16 | Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students Moderate
Rising School
Grades K-08
Mill Pond School
3.2 mi
Grades PK-12
Grace Academy
3.3 mi
Grades K-12
Pioneer Valley Montessori School
3.7 mi
Grades PK-06
Pioneer Valley Christian Academy
3.9 mi
Grades PK-12
D
The Springfield Virtual School
4.3 mi | #330 of 346 | Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students Moderate
College Ready Curriculum
Grades PK-12
Academy Hill School
4.7 mi
Grades PK-08
St. Michael's Academy
4.9 mi
Grades PK-08
A
Alfred G. Zanetti Montessori Magnet School
5.2 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students Diverse
Rising School
Grades PK-08
M

Middle Schools

10 schools
C
John J. Duggan Middle School
3.4 mi | #266 of 346 | Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
F
John F Kennedy Middle School
0.6 mi | #339 of 352 | Score: 26.5
Dropped 2 spots from last year
-31.7 below state avg
366 students Moderate
Grades 06-08
C+
STEM Middle Academy
3.8 mi | #12 of 16 | Score: 26.4
Improved 298 spots from last year
-31.8 below state avg
269 students Diverse
Rising School
Grades 06-08
C
Van Sickle Prep School
4.2 mi | #13 of 16 | Score: 23.5
Improved 332 spots from last year
-34.7 below state avg
206 students Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
4.2 mi | #10 of 16 | Score: 28.3
Improved 340 spots from last year
-29.9 below state avg
262 students Moderate
Rising School
Grades 06-08
F
Kiley Prep
4.2 mi | #351 of 352 | Score: 22.0
Improved 9 spots from last year
-36.2 below state avg
298 students Diverse
Grades 06-08
C-
Kiley Academy
4.2 mi | #15 of 16 | Score: 21.9
Improved 340 spots from last year
-36.3 below state avg
268 students Diverse
Rising School
Grades 06-08
Springfield Commonwealth Academy
5.7 mi
Grades 06-08
F
Forest Park Middle School
6.0 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students Diverse
Grades 06-08
Springfield Middle School
6.0 mi
18 students Less Diverse
Grades 06-08
H

High Schools

10 schools
C-
Baystate Academy Charter Public School
2.8 mi | #314 of 346 | Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students Moderate
Rising School College Ready Curriculum
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
4.2 mi | #274 of 346 | Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C
Emergence Academy
5.3 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
5.5 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C-
Libertas Academy Charter School
5.9 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
F
Springfield Public Day High School
0.3 mi | #334 of 346 | Score: 23.6
Dropped 83 spots from last year
-34.6 below state avg
65 students Moderate
College Ready Curriculum
Grades 09-12
C
Springfield Central High School
3.2 mi | #262 of 346 | Score: 45.2
Improved 37 spots from last year
-13 below state avg
1,983 students Diverse
17 sports • 1,176 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
A
Roger L. Putnam Vocational Technical Academy
3.7 mi | #6 of 25 | Score: 48.8
Improved 257 spots from last year
-9.4 below state avg
1,382 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
3.8 mi | #338 of 346 | Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
C-
Springfield High School of Science and Technology
3.8 mi | #306 of 346 | Score: 37.1
Improved 4 spots from last year
-21.1 below state avg
1,091 students Moderate
13 sports • 870 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

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Property Tax $503
Homeowners Insurance $200
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Year 15
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Location

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Neighborhood

201 Main St, Springfield MA 01151

Springfield, MA 01151

Listing Information

Listing Agent Sheila Perez
Listing Office Naples Realty Group
Office Phone 413-650-1314
Agent MLS ID CN229943
Office MLS ID AN6415
Listing Data Updated Jun 2, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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