Active Under Contract
7 Days on market
81-83 Chestnut Street Springfield — Photo 1 of 27

81-83 Chestnut Street Springfield — Photo 1 of 27

$269,900

81-83 Chestnut Street, Springfield, MA 01151

Springfield, MA 01151 — Indian Orchard

Beds

4

Baths

2

SqFt

2,184

Style

Multi Family

Built

1926

Exceptional Opportunity for Investors or Owner-Occupants! This two-family property offers tremendous potential for those looking to build equity and bring new life to a home with plenty of possibilities. Situated on a corner lot, this property features a vacant first-floor unit with hardwood floors, two bedrooms, a generously sized living room, dining room or office and an enclosed front porch offering additional space to relax or entertain. The second-floor unit is currently occupied by a tenant who is seeking alternative housing, presenting an opportunity for future renovation and personalization. Recent improvements include an updated roof, windows and fence, providing a great starting point for your vision. The property also features a unique L-shaped garage that offers additional potential but may benefit from updating. While the home requires some improvements the possibilities are endless for the buyer willing to put in the work! This property presents an opportunity to invest, renovate, and unlock its potential. Whether you're looking to expand your investment portfolio or owner-occupy while creating additional value, this two-family is ready for its next chapter. Bring your ideas and imagination and make this property shine!

Key facts

It was listed on September 28, 2026. The annual property taxes are $5,397 (2026 tax year). It sits on a 0.11-acre (4,800 sq ft) lot.

No longer available to tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$124/sqft
Local Avg (Springfield)$212/sqft
42% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.

Property Details

Financials

Original Price$269,900
Annual Taxes$5,397

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms10
FireplacesNone
FlooringHardwood, Tile, Carpet
BasementFull, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR2

Property & Lot

Acres0.11
SqFt Lot4,800
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Public School • Sidewalks

Geography

Questions about this home

When was 81-83 Chestnut Street, Springfield listed?

81-83 Chestnut Street, Springfield was listed on September 28, 2026.

Has the price of 81-83 Chestnut Street, Springfield changed?

The price hasn't changed since it was listed at $269,900.

What are the property taxes for 81-83 Chestnut Street, Springfield?

The annual property taxes for 81-83 Chestnut Street, Springfield are $5,397 (2026 tax year).

How big is the lot at 81-83 Chestnut Street, Springfield?

81-83 Chestnut Street, Springfield sits on a 0.11-acre (4,800 sq ft) lot.

What is the status of 81-83 Chestnut Street, Springfield?

81-83 Chestnut Street, Springfield is under contract, and the MLS still lists it as active.

Population

9,606

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$55K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

53.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

358 housing units permitted in the last 12 months (+18% vs the prior 12 months) — 63 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Authier Laduke Team

Listing Office: Coldwell Banker Realty - Western MA

MLS® Number: 73583580