***BUYERS GOT COLD FEET*** 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.**
For sale
$400,000
40-42 Ferris St, Springfield, MA 01151
4beds
1,872sqft
2 Family - 2 Units Side by Side
Built in 1987
-- sqft lot
$400,500 Zestimate®
$214/sqft
$-- HOA
What's special
Modern lightingAttached garagePrivate drivewayRefreshed bathroomsIndividual back decksReplaced cedar sidingElectric heat
- 44 days
- 1,022
- 108
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
$400,500
$380,000 - $421,000
$2,121/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $400,000$214/sqft |
Source: MLS PIN #73561931 Report a problem | ||
| 8/15/2026 | Contingent | $400,000$214/sqft |
Source: MLS PIN #73561931 Report a problem | ||
| 8/11/2026 | Listed for sale | $400,000+45.5%$214/sqft |
Source: MLS PIN #73561931 Report a problem | ||
| 12/17/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/25/2021 | Pending sale | $275,000$147/sqft |
Source: Owner Report a problem | ||
| 10/24/2021 | Listed for sale | $275,000+15991.3%$147/sqft |
Source: Owner Report a problem | ||
| 2/14/2011 | Sold | $1,709$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
