50 Stevens St, Springfield MA 01104
Springfield, MA 01104
$1,250,000
Est. $7,283/month
Track this home for price, status, and open-house alerts.
Open House Schedule
02
Sep
Wednesday, September 2
6:00 PM - 7:00 PM EDT
05
Sep
Saturday, September 5
12:00 PM - 1:00 PM EDT
About this home
Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time.With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 27, 2026
$1,250,000
Original listing
Agent: Raquel Medina
Office: Lock and Key Realty Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/27/2026 | 🏠 Listed for Sale | $1,250,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,146 | $583,300 |
Financial Details
Annual Property Tax
$9,146
Tax Year 2025
Assessed Value
$583,300
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Side by Side
Year Built
1927
Living Area
2,930 sq ft
Lot Size
0.27 acres
Stories
2
Bedrooms
10
Full Baths
10
Total Rooms
20
Investment Metrics
Units
10
Unit 1 Rent
$1,350/mo · Y
Unit 2 Rent
$1,050/mo · Y
Total Monthly Rent
$2,400/mo
Gross Income
$137,052
Net Operating Income
$28,800
Operating Expenses
$39,977
Cap Rate
2.30%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
10
Utilities
Electric
Common
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$9,146
Assessed Value
$583,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Mechanicals Are In Unit 1. Rents Include All Utilities. Proof Of Funds Needed For Private Tours. Buyers Agent To Be Present At All Showings And Appointments.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
no basement, mechanicals in unit 1
Documents
None
County
Hampden
Property Overview
Property Type
5+ Family - 5+ Units Side by Side
Listing Type
For Sale
Year Built
1927
Bedrooms
10
Full Bathrooms
10
Living Area
2,930 sq ft
Total Rooms
20
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,930 sq ft above grade
Display Options
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:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1927
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber
Foundation:
Slab
Stories:
2
Heating, Cooling & Utilities
Heating:
Heating Zones:
1
Cooling:
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off Street, 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
10 schools
Grace Academy
0.4 mi
Grades K-12
A+
Springfield Preparatory Charter School
0.6 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
Academy Hill School
1.5 mi
Grades PK-08
D
The Springfield Virtual School
1.8 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
A
Alfred G. Zanetti Montessori Magnet School
2.0 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
Your Educational Success Academy
2.7 mi
Grades K-12
B+
Veritas Preparatory Charter School
3.2 mi
|
#10 of 25
|
Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students
Moderate
Early College Program
Rising School
Grades 05-12
St. Michael's Academy
3.3 mi
Grades PK-08
Pioneer Valley Christian Academy
3.3 mi
Grades PK-12
Mill Pond School
3.7 mi
Grades PK-12
Middle Schools
10 schools
C
John J. Duggan Middle School
2.4 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
C
Van Sickle Prep School
0.9 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
0.9 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
C+
STEM Middle Academy
1.4 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
John F Kennedy Middle School
2.6 mi
|
#339 of 352
|
Score: 26.5
Dropped 2 spots from last year
-31.7 below state avg
366 students
Moderate
Grades 06-08
Springfield Middle School
2.8 mi
18 students
Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
2.8 mi
|
#352 of 352
|
Score: 19.6
Improved 14 spots from last year
-38.6 below state avg
60 students
Diverse
Grades 06-08
Springfield Commonwealth Academy
3.0 mi
Grades 06-08
F
South End Middle School
3.2 mi
|
#350 of 352
|
Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students
Moderate
Grades 06-08
D
Springfield Legacy Academy
3.2 mi
|
#16 of 16
|
Score: 19.0
Improved 340 spots from last year
-39.2 below state avg
299 students
Less Diverse
Rising School
Grades 06-08
High Schools
10 schools
C-
Baystate Academy Charter Public School
0.7 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
0.9 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
2.5 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
2.6 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
2.8 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
C
Springfield Central High School
0.8 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
1.4 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
1.6 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
1.6 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
F
Phoenix Academy Public Charter High School, Springfield
2.2 mi
|
#340 of 346
|
Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students
Moderate
College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
$200
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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
50 Stevens St, Springfield MA 01104
Springfield, MA 01104
Listing Information
Listing Agent
Raquel Medina
Listing Office
Lock and Key Realty Inc.
Office Phone
413-282-8080
Agent MLS ID
CN248005
Office MLS ID
AN5521
Listing Data Updated
Aug 26, 2026 10:53 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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