228-232 Eastern Ave, Springfield, MA 01109 - Photo 1

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$699,000 Just Listed

For Sale
Active
Multi-Family
6 Units
12 Total Beds
0.07 Acres
Updated 2 days ago

Next open house:

Saturday 9/26 1:00 PM - 2:30 PM

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Property Description

Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.

Full Property Details

Full Property Details for 228-232 Eastern Ave

General

Price: $699,000
Taxes: $9,355 (2026)
Status: Active
Type: Multi-Family
MLS ID: 73580480
Updated: 9/21/2026
Added to Site: 2 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 12

Parking

Parking Features: Paved Drive

Location

County: Hampden

Structural Information

Stories/Levels: 5
Square Feet: 7,188
Year Built: 1912

Lot Features

Lot Size (Acres): 0.07

Financial Considerations

Tax Amount: $9,355
Tax Year: 2026

Disclosures and Reports

Disclosures/Rstr.: Buyer to verify all data. Seller has never lived in property. Listing agent is related to owner.
Property ID: M:43250048 L:0000, 2582648

Listed by MP Signature Realty LLC, Kevin Li

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Listing agent

— 228-232 Eastern Ave —

Kevin Li

MP Signature Realty LLC

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Schools

Schools serving 228-232 Eastern Ave

School District:Springfield School District

Name	Grades	Distance
Dryden Memorial Elementary School 190 Surrey Road, Springfield, MA 01118	PK-5	1 mi
Alfred G Zanetti School 474 Armory Street, Springfield, MA 01104	PK-8	1.7 mi
Springfield Public Day Elementary School 34 Nye Street, Springfield, MA 01104	K-5	1.7 mi
Stem Middle Academy 60 Alton Street, Springfield, MA 01109	6-8	1.1 mi
The Springfield Renaissance School 1170 Carew Street, Springfield, MA 01104	6-12	2.1 mi
Springfield Public Day Middle School, Springfield, MA 732 Chestnut Street, Springfield, MA 01107	6-8	2.4 mi
High School Of Commerce 415 State Street, Springfield, MA 01105	9-12	0.8 mi
High School/Science-Tech 1250 State Street, Springfield, MA 01109	9-12	1.1 mi
Liberty Preparatory Academy Alderman Bldg 37 Alderman Str, Springfield, MA 01108	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 228-232 Eastern Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/21/2026

Listed

$699,000

133%

MLS

5/22/2021

Sold

$300,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 228-232 Eastern Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$8,218

-1%

$524,100

2024

$8,311

27%

$517,500

34%

2023

$6,568

-6%

$385,200

2022

$7,024

$373,200

2021

$6,545

13%

$346,300

16%

2020

$5,808

$297,400

2019

$5,508

$279,900

2018

$5,203

12%

$264,400

12%

2017

$4,626

$235,300

2016

$4,347

$221,100

2015

$4,207

13%

$213,900

13%

2014

$3,721

—

$188,800

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 228-232 Eastern Ave

228-232 Eastern Ave, Springfield, MA 01109 (MLS# 73580480) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 228-232 Eastern Ave is currently listed for $699,000 and was received on September 21, 2026. Want to learn more about 228-232 Eastern Ave? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

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228-232 Eastern Ave Springfield, MA 01109