298 Oakland St, Springfield MA 01108

Springfield, MA 01108

$499,000

Est. $3,182/month

8

Beds

4

Baths

3,924

Sq Ft

$127

Price/Sq Ft

0.11

Acres

1900

Year Built

4 Family - 4 Units Up/Down

Type

30

Days on Market

Pending Listed Nov 20, 2025 • MLS# 73456525 Copied!

About this home

Cash-flowing 4-family! A great fit for first-time homebuyers needing a vacant, rent-ready unit or long-term investors focused on steady income. With reliable cash flow, low operating expenses, and clear rent-growth potential, it delivers both immediate return and long-term upside. All four units are spacious 2-bed/1-bath layouts with separate utilities that are the tenants’ responsibility. All four units come with lead certificates, and the property is equipped with an alarm system, newer furnaces, newer electrical, dedicated off-street parking, and coin-operated laundry to boost revenue. A strong, stable building in a central location—ready for its next owner to step in and capitalize!

Property Overview

Property Type

4 Family - 4 Units Up/Down

Listing Type

For Sale

Year Built

1900

Bedrooms

8

Full Bathrooms

4

Living Area

3,924 sq ft

Total Rooms

16

Stories

4

Levels

4

Facts & Features

Home Facts

Type Residential Income

Style 4 Family - 4 Units Up/Down

Year Built 1900

Living Area 3,924 sq ft

Lot Size 0.11 acres

Bedrooms 8

Full Baths 4

Total Rooms 16

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement Concrete

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch Enclosed

Parking

Features Paved Drive, Shared Driveway, Off Street

Total Spaces 4

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,502

Assessed Value $350,900

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: Concrete

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation: Block

Stories: 4

Heating, Cooling & Utilities

Heating:

Heating Zones: 4

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Enclosed

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 4

Parking Features: Paved Drive, Shared Driveway, Off Street

Location

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Neighborhood

298 Oakland St, Springfield MA 01108

Springfield, MA 01108

Walkability

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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% Average discipline rate

5.1% Suspensions 1.4% In-School 0.8% Emergency

↑ 0.4% above state avg

E

Elementary Schools

10 schools

C-

Veritas Preparatory Charter School

0.6 mi | #516 of 623 | Score: 51.5

-6.7 below state avg

712 students Moderate

Early College Program

Grades 05-12

Your Educational Success Academy

1.2 mi

Grades K-12

St. Michael's Academy

1.2 mi

Grades PK-08

F

The Springfield Virtual School

1.4 mi | #606 of 623 | Score: 40.7

-17.5 below state avg

250 students Moderate

College Ready Curriculum

Grades PK-12

B

Alfred G. Zanetti Montessori Magnet School

2.3 mi | #251 of 496 | Score: 58.5

+0.3 above state avg

432 students Diverse

Grades PK-08

Pioneer Valley Christian Academy

2.5 mi

Grades PK-12

Academy Hill School

3.2 mi

Grades PK-08

B+

Springfield Preparatory Charter School

3.2 mi | #162 of 496 | Score: 62.9

+4.7 above state avg

486 students Moderate

Grades K-08

Pioneer Valley Montessori School

3.5 mi

Grades PK-06

Grace Academy

3.6 mi

Grades K-12

M

Middle Schools

10 schools

B-

John J. Duggan Middle School

2.4 mi | #327 of 623 | Score: 63.4

+5.2 above state avg

823 students Diverse

High Graduation Rate College Ready Curriculum

Grades 06-12

C-

Forest Park Middle School

0.5 mi | #444 of 496 | Score: 47.3

-10.9 below state avg

282 students Diverse

Grades 06-08

Springfield Commonwealth Academy

0.7 mi

Grades 06-08

D

South End Middle School

1.1 mi | #450 of 496 | Score: 46.6

-11.6 below state avg

163 students Moderate

Grades 06-08

C-

STEM Middle Academy

1.9 mi | #443 of 496 | Score: 47.4

-10.8 below state avg

269 students Diverse

Grades 06-08

D

Van Sickle Prep School

2.8 mi | #453 of 496 | Score: 46.4

-11.8 below state avg

206 students Moderate

Grades 06-08

C-

Van Sickle Academy

2.8 mi | #409 of 496 | Score: 49.5

-8.7 below state avg

262 students Moderate

Grades 06-08

B+

Springfield Middle School

2.9 mi | #185 of 496 | Score: 61.4

+3.2 above state avg

18 students Less Diverse

Grades 06-08

F

Springfield Public Day Middle School

2.9 mi | #477 of 496 | Score: 43.2

-15 below state avg

60 students Diverse

Grades 06-08

F

Springfield Legacy Academy

3.0 mi | #492 of 496 | Score: 38.8

-19.4 below state avg

299 students Less Diverse

Grades 06-08

H

High Schools

10 schools

F

Emergence Academy

1.2 mi | #605 of 623 | Score: 41.0

-17.2 below state avg

382 students Diverse

Diverse Student Body

Grades 06-12

B-

Conservatory of the Arts

1.2 mi | #358 of 623 | Score: 61.4

+3.2 above state avg

296 students Moderate

College Ready Curriculum

Grades 06-12

C+

Libertas Academy Charter School

1.6 mi | #410 of 623 | Score: 58.4

+0.2 above state avg

563 students Moderate

Strong Attendance

Grades 06-12

B-

The Springfield Renaissance School an Expeditionary Learning School

2.8 mi | #342 of 623 | Score: 62.6

+4.4 above state avg

593 students Diverse

High Graduation Rate College Ready Curriculum

Grades 06-12

C+

Baystate Academy Charter Public School

3.0 mi | #429 of 623 | Score: 57.4

-0.8 below state avg

388 students Moderate

College Ready Curriculum

Grades 06-12

Pope Francis Preparatory School

1.1 mi

Grades 09-12

B-

High School of Commerce

1.2 mi | #365 of 623 | Score: 60.5

+2.3 above state avg

966 students Moderate

Early College Program College Ready Curriculum

Grades 09-12

D

Phoenix Academy Public Charter High School, Springfield

1.4 mi | #589 of 623 | Score: 44.9

-13.3 below state avg

158 students Moderate

College Ready Curriculum

Grades 09-12

F

Gateway to College at Springfield Technical Community College

1.5 mi | #619 of 623 | Score: 32.6

-25.6 below state avg

25 students Moderate

College Ready Curriculum

Grades 09-12

F

Springfield International Academy at Sci-Tech

1.8 mi | #596 of 623 | Score: 43.3

-14.9 below state avg

95 students Diverse

Career Tech Programs College Ready Curriculum

Grades 09-12

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Property History

Market Insights

Property Timeline

⏳

Pending Sale

Dec 3, 2025

Offer accepted, sale pending

🏠

Listed for Sale

Nov 20, 2025

$499,000

Original listing

Agent: The Madison Team Office: Lock and Key Realty Inc.

🏠

Listed for Sale

Nov 20, 2025

$499,000

Original listing

Agent: The Madison Team Office: Lock and Key Realty Inc.

Date	Event	Price	Change	$/sqft	Details
12/03/2025	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
11/20/2025	🏠 Listed for Sale	$499,000	-	-	Original listing
11/20/2025	🏠 Listed for Sale	$499,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Nov 20, 2025	New Listing Added	$499,000	—
Nov 20, 2025	New Listing Added	$499,000	—

Market Statistics

Days on Market

30 days

Price per Sq Ft

$127

Tax History

Year	Taxes	Assessment
2025	$5,502	$350,900

Financial Details

Annual Property Tax

$5,502

Tax Year 2025

Assessed Value

$350,900

Elementary Schools

Middle Schools

High Schools

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Pending Sale

Listed for Sale

Listed for Sale

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298 Oakland St, Springfield MA 01108

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

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Elementary Schools

Middle Schools

High Schools

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