40-42 Ferris St, Springfield MA 01151
Springfield, MA 01151
$400,000
Est. $2,624/month
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Open House Schedule
16
Aug
Sunday, August 16
12:00 PM - 2:00 PM EDT
About this home
Welcome to 40–42 Ferris Street, a well-maintained side-by-side duplex located in the Indian Orchard neighborhood of Springfield. This versatile property offers two spacious units, each featuring 2 bedrooms and 1.5 bathrooms, along with its own private driveway and an attached garage—an uncommon convenience in the area. Both units include individual back decks, perfect for relaxing outdoors or enjoying gatherings on the level lot.Unit 42 received a substantial renovation in 2022, including a fully updated kitchen with granite countertops, subway-tile backsplash, stainless-steel appliances, new flooring throughout the first level, refreshed bathrooms, new doors, updated heaters and thermostats, modern lighting, and fresh paint. The living room also features a wall A/C unit, and the washer and dryer are included. Unit 40 has long-term tenancy and has been well cared for.The property includes updated exterior work such as replaced cedar siding and newly built decks (2022). Both units are served by electric heat, and the home has a sprinkler system in place. Located close to shopping centers, parks, and major conveniences, this duplex offers an excellent opportunity for investors seeking strong rental income or owner-occupants looking for flexibility.**Don’t wait—come see this wonderful property and explore all the potential it has to offer.**
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 11, 2026
$400,000
Original listing
Agent: The Hamre Martin Team
Office: Real Broker MA, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/11/2026 | 🏠 Listed for Sale | $400,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,811 | $306,800 |
Financial Details
Annual Property Tax
$4,811
Tax Year 2025
Assessed Value
$306,800
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Side by Side
Year Built
1987
Living Area
1,872 sq ft
Lot Size
0.18 acres
Stories
4
Bedrooms
4
Full Baths
2
Half Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
$1,400/mo · N
Unit 2 Rent
$1,600/mo · N
Total Monthly Rent
$3,000/mo
Gross Income
$36,000
Interior
Heating
Electric
Cooling
Wall Unit(s)
Flooring
None
Appliances
Range, Disposal, Refrigerator
Fireplace
None
Basement
Full
Laundry
None
Features
Ceiling Fan(s), Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Wood
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved
Total Spaces
6
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$4,811
Assessed Value
$306,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Being Sold With Tenants In Place Tenants Are Month To Month
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Hampden
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1987
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
2
Living Area
1,872 sq ft
Total Rooms
8
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,872 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck - Wood
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:
Appliances:
Range, Disposal, Refrigerator
Interior Features:
Ceiling Fan(s), Living Room, Kitchen
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1987
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Electric
Cooling:
Wall Unit(s)
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck - Wood
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
6
Parking Features:
Paved
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
3 schools
C-
Indian Orchard Elementary School
0.5 mi
|
#681 of 824
|
Score: 36.7
Improved 121 spots from last year
-21.5 below state avg
580 students
Diverse
Rising School
Grades PK-05
B
Warner School
0.8 mi
|
#415 of 824
|
Score: 47.3
Improved 142 spots from last year
-10.9 below state avg
234 students
Diverse
Rising School
Grades PK-05
St. John The Baptist School
1.4 mi
Grades PK-08
Middle Schools
3 schools
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
B+
Wilbraham Middle School
2.6 mi
|
#111 of 352
|
Score: 48.1
Improved 68 spots from last year
-10.1 below state avg
613 students
Moderate
Rising School
Strong Attendance
Grades 06-08
C
John J. Duggan Middle School
2.8 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
High Schools
3 schools
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
Sunshine Village
1.9 mi
Grades 11-12
C-
Baystate Academy Charter Public School
2.5 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
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Monthly Payment Breakdown
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Property Tax
$401
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
40-42 Ferris St, Springfield MA 01151
Springfield, MA 01151
Listing Information
Listing Agent
The Hamre Martin Team
Listing Office
Real Broker MA, LLC
Office Phone
413-273-1381
Agent MLS ID
TM325017
Office MLS ID
AN8754
Listing Data Updated
Aug 11, 2026 1:09 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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