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$1,150,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Units
  • 15 Total Beds
  • 0.15 Acres
  • Updated 1 day ago

Next open house:

Open House: 2:00 PM - 3:00 PM

Thursday 5/14 2:00 PM - 3:00 PM

242 Fort Pleasant Ave,Springfield, MA 01108

242 Fort Pleasant AveSpringfieldMA01108

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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.

Full Property Details for 242 Fort Pleasant Ave

General

  • Price: $1,150,000
  • Taxes: $8,489 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73516463
  • Updated: 5/11/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 15

Parking

  • Parking Features: Paved Drive, Off Street, Paved

Location

  • County: Hampden

Structural Information

  • Basement: Yes
  • Stories/Levels: 5
  • Square Feet: 12,540
  • Year Built: 1906

Lot Features

  • Lot Size (Acres): 0.15

Financial Considerations

  • Tax Amount: $8,489
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: HEAT AND GAS FOR RANGE INCLUDED, TENANT PAYS ELECTRIC. Agent related to seller. Buyer/buyer's agent to perform own and all due diligence. Sellers have never lived in the property. Unit 3L has not been tied into new drainage system, but new pipes are there. Some photos are virtually staged.
  • Property ID: S:05300 P:0065, 2585019

Listed by Lock and Key Realty Inc., Kathryn Daviau

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Listing agent

— 242 Fort Pleasant Ave —

  • Kathryn Daviau

    Lock and Key Realty Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 242 Fort Pleasant Ave

School District:Springfield School District
NameGradesDistance
Sumner Avenue School
45 Sumner Avenue, Springfield, MA 01108
PK-50.1 mi
Springfield Public Day Elementary School
34 Nye Street, Springfield, MA 01104
K-52.6 mi
Alfred G Zanetti School
474 Armory Street, Springfield, MA 01104
PK-82.6 mi
Forest Park Middle School
46 Oakland Street, Springfield, MA 01108
6-80.6 mi
Stem Middle Academy
60 Alton Street, Springfield, MA 01109
6-82.6 mi
Springfield Public Day Middle School, Springfield, MA
732 Chestnut Street, Springfield, MA 01107
6-82.9 mi
Liberty Preparatory Academy
Alderman Bldg 37 Alderman Str, Springfield, MA 01108
9-120.8 mi
Springfield High School
Dickenson Bldg 37 Alderman St, Springfield, MA 01108
9-120.8 mi
High School Of Commerce
415 State Street, Springfield, MA 01105
9-121.5 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 242 Fort Pleasant Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$1,150,000
109.09%
MLS
1/30/2023
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
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 for 242 Fort Pleasant Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,489
-1%
$541,400
1%
2024
$8,586
362%
$534,600
391%
2023
$1,857
-76%
$108,900
-73%
2022
$7,716
6%
$410,000
7%
2021
$7,263
11%
$384,300
15%
2020
$6,515
1%
$333,600
2%
2019
$6,427
6%
$326,600
6%
2018
$6,071
5%
$308,500
5%
2017
$5,760
7%
$293,000
7%
2016
$5,363
4%
$272,800
4%
2015
$5,167
14%
$262,700
14%
2014
$4,545
—
$230,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Lock and Key Realty Inc., Kathryn Daviau

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242 Fort Pleasant Ave, Springfield, MA 01108 (MLS# 73516463) is a Multi-Family property with 8 units containing 15 bedrooms and 8 full bathrooms. 242 Fort Pleasant Ave is currently listed for $1,150,000 and was received on May 11, 2026. Want to learn more about 242 Fort Pleasant Ave? Do you have questions about finding other Multi-Family real estate for sale in Forest Park? You can browse all Forest Park real estate or contact a Coldwell Banker agent to request more information.

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