242 Fort Pleasant Ave Springfield, MA ^$ 1,150,000

242 Fort Pleasant Ave

^$ 1,150,000

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242 Fort Pleasant Ave

Springfield, MA, 01108

^$ 1,150,000

Bedrooms15 Baths8.0 Sq 12,540

Monthly Estimate*

^$ 7,081

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Multi-Family Home for sale in Springfield, MA

for $1,150,000 with 15 bedrooms and 8 full baths. This 12,540 square foot home was built in 1906 on a lot size of 0.15.

242 Fort Pleasant offers a rare opportunity to acquire a professionally managed eight-unit brick building in Forest Park Heights. Building was extensively updated in 2023 with major capital improvements completed, offering investors a turn-key, low-maintenance asset. Capital improvements include complete re-wiring of the property, including bringing circuit panels into individual units, full replacement of exterior meter box, & installation of 9 new hot water tanks. Complete replacement of all pipes in the building, including all new drainage throughout. Six of the eight units were thoughtfully reconfigured from one-bedroom to two-bedroom layouts to maximize rental income and overall functionality. The updated units feature gleaming hardwood floors, luxury vinyl plank flooring, renovated kitchens, and modernized bathrooms designed with both durability and tenant appeal in mind, while spacious walk-in pantries and walk-in closets provide the additional storage today’s renters value.

Multi-Family Active

Price

^$ 1,150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,489

Style

5-9 Family

Lot Size

0.15

Year Built

1906

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73516463

List By

Kathryn Daviau

Listing Agent

Lock And Key Realty Inc.

Broker

Affordability Calculator

$7,788

Per Month

Monthly Principal & Interest: $7,081
Monthly Property Taxes: $707
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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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Trends

Multi-family listings in Springfield, MA

Average List Price ^$575,526

Percent of Sale Price 50%

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
5/12/2026	$1,150,000		Listed Price

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242 Fort Pleasant Ave, Springfield, MA, 01108 is a Multi-Family Home for sale at $1,150,000 with 12,540 sqft and a lot size of 0.15. 242 Fort Pleasant Ave has 15 bedrooms, 8.0 baths, and was built in 1906. 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 6.25% 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 5/15/2026.

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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242 Fort Pleasant Ave

Multi-Family Home for sale in Springfield, MA

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