
174 Locust St Springfield — Photo 1 of 35
Recent Drop: $25,000
$975,000
174 Locust St, Springfield, MA 01108
Springfield, MA 01108
Beds
18
Baths
6
SqFt
8,000
Style
5+ Family - 5+ Units Up/Down
Built
1989
RARE SIX-FAMILY INVESTMENT OPPORTUNITY! This one-of-a-kind property offers six spacious 3-bedroom units—18 bedrooms total—each featuring a generous living/dining area, spacious kitchen, and newer flooring. Every unit has separate utilities, including in-unit circuit breaker panels, separate electric hot water tanks, and separate forced hot-air gas heating systems, providing convenience and efficient management. Additional features include a newer rear deck, centrally monitored security system, intercom, and individual door buzzers. With six large units, separate systems, and numerous updates already in place, this property stands apart from the typical six-family. An excellent opportunity for an investor looking to add a quality income-producing multifamily property to their portfolio. Rarely does a six-family with this combination of space, separate utilities, and amenities become available. Don't miss this exceptional investment opportunity!
Market Value Analysis
* Analysis is based on 23 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 • Shopping • Laundromat • Highway Access • House of Worship • Public School
Geography
Property History
$975,000
Was $1,000,000
Sep 11, 2026
MLS® 73561263
$1,000,000
Aug 10, 2026
MLS® 73561263
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
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Maher Khatib
Listing Office: M B C REALTORS®
MLS® Number: 73561263
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