228 Belmont Ave Springfield — Photo 1 of 41
$1,400,000
228 Belmont Ave, Springfield, MA 01108
Springfield, MA 01108 — Forest Park
Beds
24
Baths
8
SqFt
13,410
Style
5-9 Family
Built
1915
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!!
Key facts
It was listed on December 9, 2025. The price has come down from an original $1,500,000 to $1,400,000 across 4 changes, most recently on September 29, 2026. The annual property taxes are $11,004 (2025 tax year). It sits on a 0.28-acre (12,349 sq ft) lot.
Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Springfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Walk/Jog Trails • Highway Access • House of Worship • Sidewalks
Geography
Property History
$1,400,000
Was $1,350,000
Sep 29, 2026
MLS® 73461145
$1,350,000
Was $1,399,000
May 12, 2026
MLS® 73461145
$1,399,000
Was $1,400,000
Apr 2, 2026
MLS® 73461145
$1,400,000
Was $1,500,000
Dec 31, 2025
MLS® 73461145
$1,500,000
Dec 9, 2025
MLS® 73461145
Questions about this home
When was 228 Belmont Ave, Springfield listed?
228 Belmont Ave, Springfield was listed on December 9, 2025.
Has the price of 228 Belmont Ave, Springfield changed?
The price has come down from an original $1,500,000 to $1,400,000 across 4 changes, most recently on September 29, 2026.
What are the property taxes for 228 Belmont Ave, Springfield?
The annual property taxes for 228 Belmont Ave, Springfield are $11,004 (2025 tax year).
How big is the lot at 228 Belmont Ave, Springfield?
228 Belmont Ave, Springfield sits on a 0.28-acre (12,349 sq ft) lot.
What is the status of 228 Belmont Ave, Springfield?
228 Belmont Ave, Springfield is actively listed for sale.
Population
27,405
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$51K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
54.9%
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 Agent: Patriot Living Group
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73461145
