For sale

$440,000

10 Monroe St, Springfield, MA 01109

6beds

1,910sqft

$3,036/mo

Get pre-qualified

Multi Family

Built in 1910

-- sqft lot

$438,700 Zestimate^®

$230/sqft

$-- HOA

What's special

Low-maintenance yard

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.

57 days
226
12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Living Room, Kitchen
Flooring: Wood, Tile, Vinyl / VCT
Basement: Full,Interior Entry,Concrete
Has fireplace: No

Interior area

Total structure area: 1,910
Total interior livable area: 1,910 sqft
Finished area above ground: 1,910

Property

Features

Patio & porch: Porch
Exterior features: Balcony

Lot

Size: 1,808 Square Feet
Features: Level

Details

Parcel number: S:08760 P:0001,2596225
Zoning: B1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Concrete Perimeter, Brick/Mortar, Other
Roof: Shingle

Condition

Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University

Location

Region: Springfield

Financial & listing details

Price per square foot: $230/sqft
Tax assessed value: $288,600
Annual tax amount: $4,525
Date on market: 7/12/2026
Listing terms: Contract
Exclusions: Tenants Personal Property And 1st Floor Washer/Dryer.
Total actual rent: 3800
Road surface type: Paved

Estimated market value

$438,700

$417,000 - $461,000

$2,164/mo

Price history

Date	Event	Price
7/12/2026	Listed for sale	$440,000+14.3%$230/sqft
Source: MLS PIN #73548440 Report a problem
8/8/2025	Sold	$385,000+4.1%$202/sqft
Source: MLS PIN #73396665 Report a problem
7/3/2025	Pending sale	$370,000$194/sqft
Source: NextHome #73396665 Report a problem
6/30/2025	Listed for sale	$370,000$194/sqft
Source: NextHome #73396665 Report a problem
6/29/2025	Contingent	$370,000$194/sqft
Source: MLS PIN #73396665 Report a problem
6/25/2025	Listed for sale	$370,000+142.9%$194/sqft
Source: MLS PIN #73396665 Report a problem
12/11/2017	Sold	$152,337+1.6%$80/sqft
Source: Public Record Report a problem
9/27/2017	Price change	$149,900+2.7%$78/sqft
Source: Class Realty, Inc. #72234943 Report a problem
8/4/2017	Price change	$146,000-1%$76/sqft
Source: Class Realty, Inc. #72096849 Report a problem
6/24/2017	Price change	$147,500-0.7%$77/sqft
Source: Class Realty, Inc. #72096849 Report a problem
5/22/2017	Price change	$148,500-0.7%$78/sqft
Source: Class Realty, Inc. #72096849 Report a problem
2/4/2017	Listed for sale	$149,500$78/sqft
Source: Class Realty, Inc. #72096849 Report a problem
12/23/2016	Listing removed	$149,500$78/sqft
Source: Class Realty, Inc. #72096849 Report a problem
11/29/2016	Listed for sale	$149,500+115.1%$78/sqft
Source: Class Realty, Inc. #72096849 Report a problem
9/12/2013	Listing removed	$69,500$36/sqft
Source: REAL LIVING REALTY PROFESSIONALS, LLC #71365487 Report a problem
4/12/2012	Listed for sale	$69,500$36/sqft
Source: Real Living Realty Professionals, LLC #71365487 Report a problem
12/7/2011	Listing removed	$69,500$36/sqft
Source: Real Living #71242964 Report a problem
6/4/2011	Listed for sale	$69,500$36/sqft
Source: Real Living Realty Professionals, LLC #71242964 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,525 +13.7%	$288,600 +16.5%
2024	$3,980 -0.2%	$247,800 +5.9%
2023	$3,988 +9.8%	$233,900 +21.2%
2022	$3,632 +2.3%	$193,000 +2.7%
2021	$3,551 -0.7%	$187,900 +6.5%
2020	$3,576 +16.9%	$176,500 +13.6%
2019	$3,058 +3.7%	$155,400 +3.7%
2018	$2,948 +77.7%	$149,800 +77.5%
2017	$1,659 +14.8%	$84,400 +14.8%
2016	$1,445 +10.5%	$73,500 +10.5%
2015	$1,308 -24.8%	$66,500 -24.7%
2014	$1,740 +74.9%	$88,300 +74.9%
2013	$995 -15.2%	$50,500 -14.7%
2012	$1,174 -12.5%	$59,200 -14%
2011	$1,341 -16.8%	$68,800 -16.7%
2010	$1,611 -7.7%	$82,600 -15.4%
2009	$1,746 +8%	$97,600 -3.2%
2008	$1,616 -5.5%	$100,800 -5.4%
2007	$1,710 +32.6%	$106,600 +40.4%
2006	$1,290 +27%	$75,900 +30.9%
2005	$1,016 -18.8%	$58,000 -12%
2004	$1,251 +6.2%	$65,900 +8.6%
2003	$1,178 +7.2%	$60,700 +9.8%
2002	$1,099	$55,300