298 Oakland St Springfield, MA ^$ 499,000

298 Oakland St

^$ 499,000

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298 Oakland St

Springfield, MA, 01108

^$ 499,000

Bedrooms8 Baths4.0 Sq 3,924

Monthly Estimate*

^$ 3,113

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Multi-Family Home for sale in Springfield, MA

for $499,000 with 8 bedrooms and 4 full baths. This 3,924 square foot home was built in 1900 on a lot size of 0.11.

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!

Multi-Family Active

Price

^$ 499,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,502

Style

4 Family - 4 Units Up/Down

Lot Size

0.11

Year Built

1900

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73456525

List By

The Madison Team

Listing Agent

Lock And Key Realty Inc.

Broker

Affordability Calculator

$3,572

Per Month

Monthly Principal & Interest: $3,113
Monthly Property Taxes: $459
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 ^$435,613

Percent of Sale Price 13%

About Springfield, MA

153,186 Population

1% Since 2002

^$36,513 Median Income

34.72 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
11/20/2025	$499,000		Listed Price

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298 Oakland St, Springfield, MA, 01108 is a Multi-Family Home for sale at $499,000 with 3,924 sqft and a lot size of 0.11. 298 Oakland St has 8 bedrooms, 4.0 baths, and was built in 1900. 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 12/6/2025.

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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298 Oakland St

Multi-Family Home for sale in Springfield, MA

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