228 Belmont Ave Springfield, MA ^$ 1,500,000

228 Belmont Ave

^$ 1,500,000

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228 Belmont Ave

Springfield, MA, 01108

^$ 1,500,000

Bedrooms24 Baths8.0 Sq 13,410

Monthly Estimate*

^$ 9,358

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Multi-Family Home for sale in Springfield, MA

for $1,500,000 with 24 bedrooms and 8 full baths. This 13,410 square foot home was built in 1915 on a lot size of 0.28.

Prime investment opportunity awaits with this expansive multifamily apartment building offering strong rental income, excellent tenant appeal, and an unbeatable location. This well-maintained property features a diverse mix of spacious units, designed to attract long-term occupants and maximize year-over-year returns.Inside, residents enjoy generously sized living spaces with functional layouts, abundant natural light, and modernized kitchens and baths. Mechanical systems have been updated for efficiency and long-term durability, including newer heating, plumbing, and electrical improvements that support low-maintenance ownership. The exterior boasts professional management, secured entry, and dedicated off-street parking, with convenient enhancements such as coin-op laundry and private patios. Zoned for multifamily use, the property presents a scalable investment primed with recent major updates. This building is a must see to appreciate the long term addition to your portfolio.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,004

Style

5-9 Family

Lot Size

0.28

Year Built

1915

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73461145

List By

Patriot Living Group

Listing Agent

Lock And Key Realty Inc.

Broker

Affordability Calculator

$10,275

Per Month

Monthly Principal & Interest: $9,358
Monthly Property Taxes: $917
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Springfield, MA

Average List Price ^$501,305

Percent of Sale Price 67%

About Springfield, MA

153,186 Population

1% Since 2002

^$36,513 Median Income

34.72 Median Age

31% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
12/10/2025	$1,500,000		Listed Price

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228 Belmont Ave, Springfield, MA, 01108 is a Multi-Family Home for sale at $1,500,000 with 13,410 sqft and a lot size of 0.28. 228 Belmont Ave has 24 bedrooms, 8.0 baths, and was built in 1915. The property's zip code is 01108 which is in Springfield, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/12/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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228 Belmont Ave

Multi-Family Home for sale in Springfield, MA

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