For sale

$1,725,000

236-240 Locust St, Springfield, MA 01108

24beds

12,989sqft

Est.:

5+ Family - 5+ Units Up/Down

Built in 1924

-- sqft lot

$-- Zestimate^®

$133/sqft

$-- HOA

What's special

On-street parking

236-240 Locust St contains sixteen (16) total units comprised of eight (8) 2-Bedroom/1-Bathroom units and eight (8) 1-Bedroom/1-Bathroom units with 12,989 square feet of gross living area in 16,207 square feet of gross area. The Property is situated upon a 0.23-acre parcel and features on-street parking. The Property is well-positioned in the urban core of Springfield, offering strong access to the city’s downtown business district, neighborhood retail corridors, and surrounding residential neighborhoods. Tenants are responsible for electricity, while the Landlord is responsible for gas powered heat & hot water and city water & sewer. Recent capital improvements include an upgraded boiler and hot water system from 2025, adding to the durability and long term value of the asset. The opportunity exists to acquire a well maintained asset with recently upgraded utilities in the densely populated Springfield market.

50 days

281

10

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 16
Full bathrooms: 16

Heating

Natural Gas

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 12,989
Total interior livable area: 12,989 sqft
Finished area above ground: 12,989

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Lot

Size: 10,018 Square Feet
Features: Other

Details

Parcel number: 2592285
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Foundation: Concrete Perimeter
Roof: Rubber

Condition

Year built: 1924

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Other

Location

Region: Springfield

Financial & listing details

Price per square foot: $133/sqft
Tax assessed value: $1,344,700
Annual tax amount: $21,078
Date on market: 4/1/2026
Total actual rent: 22115

Estimated market value

Not available

Estimated sales range

Not available

$1,600/mo

Price history

Date	Event	Price
4/7/2026	Listed for rent	$1,595-3.3%
Source: Zillow Rentals Report a problem
4/7/2026	Listing removed	$1,650
Source: Zillow Rentals Report a problem
4/2/2026	Listed for sale	$1,725,000$133/sqft
Source: MLS PIN #73495011 Report a problem
3/27/2026	Price change	$1,650+3.4%
Source: Zillow Rentals Report a problem
2/12/2026	Price change	$1,595-3.3%
Source: Zillow Rentals Report a problem
2/11/2026	Price change	$1,650+3.4%
Source: Zillow Rentals Report a problem
12/30/2025	Price change	$1,595-3.3%
Source: Zillow Rentals Report a problem
11/19/2025	Price change	$1,650-2.7%
Source: Zillow Rentals Report a problem
10/4/2025	Listed for rent	$1,695
Source: Zillow Rentals Report a problem

Public tax history

Tax history is unavailable.

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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