Active
85 Days on market
10 Monroe St Springfield — Photo 1 of 36

10 Monroe St Springfield — Photo 1 of 36

Recent Drop: $10,000

$440,000
$430,000

$430,000

10 Monroe St, Springfield, MA 01109

Springfield, MA 01109

Beds

6

Baths

2

SqFt

1,910

Style

Multi Family

Built

1910

Excellent investment opportunity! This fully rented two-family property offers immediate rental income with leased tenants already in place. The current total monthly rental income is $4,800. The property features a low-maintenance yard, making upkeep simple and cost-effective. An added bonus is the potential to create a third-floor unit, subject to obtaining the necessary city permits and approvals, providing an opportunity to increase future cash flow. Whether you're looking to expand your investment portfolio or secure an income-producing property, this is one you won't want to miss.

Key facts

It was listed on July 12, 2026. The price has come down from an original $440,000 to $430,000, most recently on September 11, 2026. The annual property taxes are $4,525 (2025 tax year). It sits on a 0.04-acre (1,808 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$225/sqft
Local Avg (Springfield)$162/sqft
39% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$440,000
Annual Taxes$4,525

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Tile, Vinyl / VCT
BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter, Brick/Mortar, Other
ZoningB1

Property & Lot

Acres0.04
SqFt Lot1,808
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Property History

Price Drop
$430,000

Was $440,000

Sep 11, 2026

MLS® 73548440

Listed
$440,000

Jul 12, 2026

MLS® 73548440

Questions about this home

When was 10 Monroe St, Springfield listed?

10 Monroe St, Springfield was listed on July 12, 2026.

Has the price of 10 Monroe St, Springfield changed?

The price has come down from an original $440,000 to $430,000, most recently on September 11, 2026.

What are the property taxes for 10 Monroe St, Springfield?

The annual property taxes for 10 Monroe St, Springfield are $4,525 (2025 tax year).

How big is the lot at 10 Monroe St, Springfield?

10 Monroe St, Springfield sits on a 0.04-acre (1,808 sq ft) lot.

What is the status of 10 Monroe St, Springfield?

10 Monroe St, Springfield is actively listed for sale.

Population

31,124

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$48K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

52.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Nicole Flamand

Listing Office: HB Real Estate, LLC

MLS® Number: 73548440