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For sale
  • $400,000

    40-42 Ferris St, Springfield, MA 01151

    4beds
    1,872sqft
    : 
    $2,732/mo
    Get pre-qualified
    2 Family - 2 Units Side by Side
    Built in 1987
    -- sqft lot
    $399,200 Zestimate®
    $214/sqft
    $-- HOA

    What's special

    Modern lightingAttached garagePrivate drivewayRefreshed bathroomsIndividual back decksReplaced cedar sidingElectric heat
    Welcome to 40–42 Ferris Street, a well-maintained side-by-side duplex located in the Indian Orchard neighborhood of Springfield. This versatile property offers two spacious units, each featuring 2 bedrooms and 1.5 bathrooms, along with its own private driveway and an attached garage—an uncommon convenience in the area. Both units include individual back decks, perfect for relaxing outdoors or enjoying gatherings on the level lot.Unit 42 received a substantial renovation in 2022, including a fully updated kitchen with granite countertops, subway-tile backsplash, stainless-steel appliances, new flooring throughout the first level, refreshed bathrooms, new doors, updated heaters and thermostats, modern lighting, and fresh paint. The living room also features a wall A/C unit, and the washer and dryer are included. Unit 40 has long-term tenancy and has been well cared for.The property includes updated exterior work such as replaced cedar siding and newly built decks (2022). Both units are served by electric heat, and the home has a sprinkler system in place. Located close to shopping centers, parks, and major conveniences, this duplex offers an excellent opportunity for investors seeking strong rental income or owner-occupants looking for flexibility.**Don’t wait—come see this wonderful property and explore all the potential it has to offer.**
    10 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    The Hamre Martin Team 413-210-0207,

    Real Broker MA, LLC 413-273-1381,

    Ricardo Perez 413-337-7330

    Source: MLS PIN,MLS#: 73561931

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • Electric
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Range, Disposal, Refrigerator
      Features
      • Ceiling Fan(s), Living Room, Kitchen
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,872
      • Total interior livable area: 1,872 sqft
      • Finished area above ground: 1,872

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved
      • Garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Patio & porch: Deck - Wood
      Lot
      • Size: 8,002 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: S:05095 P:0008,4629550
      • Zoning: R1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 Family - 2 Units Side by Side
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1987

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Electric Range

      Community & HOA

      Community
      • Features: Public Transportation, Shopping
      Location
      • Region: Springfield

      Financial & listing details

      • Price per square foot: $214/sqft
      • Tax assessed value: $306,800
      • Annual tax amount: $4,811
      • Date on market: 8/5/2026
      • Total actual rent: 3000

        Estimated market value

        $399,200

        $379,000 - $419,000

        $2,186/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$400,000+45.5%$214/sqft
        Source: MLS PIN #73561931 Report a problem
        12/17/2021Listing removed--
        Source: Owner Report a problem
        10/25/2021Pending sale$275,000$147/sqft
        Source: Owner Report a problem
        10/24/2021Listed for sale$275,000+15991.3%$147/sqft
        Source: Owner Report a problem
        2/14/2011Sold$1,709$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,811 +6.4%$306,800 +9%
        2024$4,521 +1.8%$281,500 +8%
        2023$4,443 +1%$260,600 +11.5%
        2022$4,398 +8.9%$233,700 +9.4%
        2021$4,037 -1.2%$213,600 +2.1%
        2020$4,088 +15.3%$209,300 +16.2%
        2019$3,544 +4.9%$180,100 +4.9%
        2018$3,379 +6%$171,700 +5.9%
        2017$3,189 +13.5%$162,200 +13.5%
        2016$2,809 +1%$142,900 +1.1%
        2015$2,781 -0.5%$141,400 -0.3%
        2014$2,795 -2.4%$141,800 -2.4%
        2013$2,864 -1.3%$145,300 -0.7%
        2012$2,901 $146,300 -11.5%
        2011-- $165,400 +10.9%
        2010$2,909 -2.9%$149,200 -10.9%
        2009$2,997 +0.1%$167,500 -10.3%
        2008$2,994 -3.3%$186,800 -3.3%
        2007$3,097 $193,100
        2006-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Indian Orchard

        Getting around

        35 / 100
        Car-Dependent
        35 / 100
        Some Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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