295 Main, Springfield MA 01151
Springfield, MA 01151 • Indian Orchard
$365,000
Est. $2,367/month
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About this home
Now fully vacant and ready for its next owner, this well-maintained 2-family property presents an exceptional opportunity for both owner-occupants and investors. With both 2-bedroom, 1-bath units delivered vacant at closing, you have the flexibility to occupy one unit while generating rental income from the other or lease both units at today's market rates.Each apartment offers a functional floor plan with spacious living areas, generously sized bedrooms, and abundant natural light. Off-street parking provides added convenience for residents and guests.Located on a double lot in a B1 zoning district, this property offers additional outdoor space and potential for future expansion or redevelopment, subject to buyer verification and municipal approvals. Lead compliance certificates are available for both units.Ideally situated with easy access to Interstate 291, the Massachusetts Turnpike (I-90), downtown Springfield, and major employers, the location is convenient for commuters and tenants alike. Nearby amenities include shopping, restaurants, grocery stores, schools, public transportation, Five Mile Pond Park, Forest Park, the Basketball Hall of Fame, MGM Springfield, and the Springfield Museums.Whether you're looking to house hack, expand your investment portfolio, or own a fully vacant multi-family with strong income potential and future possibilities, this property is ready to deliver. Don't miss this rare opportunity—schedule your private showing today!
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Property History
Property Timeline
Listed for Sale
Nov 14, 2025
$365,000
Original listing
Office: Berkshire Hathaway HomeServices Realty Professionals
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/14/2025 | 🏠 Listed for Sale | $365,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $3,857 | $246,000 |
Financial Details
Annual Property Tax
$3,857
Tax Year 2025
Assessed Value
$246,000
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
1,200 sq ft
Lot Size
0.23 acres
Bedrooms
4
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Gross Income
$26,400
Net Operating Income
$26,400
Cap Rate
7.23%
Interior
Heating
None
Cooling
None
Flooring
Vinyl, Carpet
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Brick, Stone
Architecture
None
Roof
Shingle
Features
Balcony, Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Paved Drive, Off Street, Stone/gravel
Total Spaces
6
Utilities
Electric
220 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$3,857
Assessed Value
$246,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Hampden
Total market time (incl. prior listings)
257 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,200 sq ft
Total Rooms
8
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,200 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Carpet
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Brick, Stone
Roof:
Shingle
Foundation:
Concrete Perimeter, Block
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony, Rain Gutters
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Stone/Gravel
Special Features
View:
Yes
View Type:
City View(s)
Community Amenities:
Nearby Schools
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
Elementary Schools
10 schools
C
Springfield International Charter School
2.3 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
3.0 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
3.5 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
4.4 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
4.9 mi
Grades PK-08
St. Michael's Academy
5.0 mi
Grades PK-08
A
Alfred G. Zanetti Montessori Magnet School
5.4 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
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
0.8 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
3.9 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
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
C
Van Sickle Prep School
4.4 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
4.4 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
Springfield Commonwealth Academy
5.8 mi
Grades 06-08
F
Forest Park Middle School
6.1 mi
|
#343 of 352
|
Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students
Diverse
Grades 06-08
F
South End Middle School
6.2 mi
|
#350 of 352
|
Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students
Moderate
Grades 06-08
High Schools
10 schools
C-
Baystate Academy Charter Public School
3.0 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
4.4 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
5.5 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
5.7 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
6.0 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
0.5 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
3.3 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
3.8 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
3.9 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
3.9 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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Property Tax
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Homeowners Insurance
$200
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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Indian Orchard
295 Main, Springfield MA 01151
Springfield, MA 01151
Listing Information
Listing Agent
Zell Melendez
Listing Office
Berkshire Hathaway HomeServices Realty Professionals
Office Phone
413-567-3361
Agent MLS ID
CN254452
Office MLS ID
AN7279
Listing Data Updated
Jul 28, 2026 8:33 PM 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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