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INVESTMENT SNAPSHOT
About this property
Rare opportunity to own this spacious two-family home in Springfield's desirable Forest Park neighborhood! 24 Hiawatha St offers exceptional owner-occupant or investment potential with *BOTH UNITS TO BE DELIVERED VACANT*, providing immediate flexibility for occupancy, market-rate rentals, or multi-generational living. Unit 1 features a well-sized 2-bedroom layout, while Unit 2 spans two levels with 5 bedrooms and townhouse-style living. Recent improvements include driveway resurfacing, chimney repairs, and concrete repairs around the basement foundation. The property also has a Letter of Full Deleading Compliance. Photos were taken prior to tenant occupancy. Conveniently located near parks, schools, shopping, and major routes, this is a rare fully vacant multi-family opportunity offering size, versatility, and value in the heart of Forest Park.
Property details
| Units | 2 |
| Living area | 3,181 sqft |
| Lot size | 4,918 sqft |
| Year built | 1912 |
| Price / sqft | $167 |
| County | Hampden |
| MLS # | 73505535 |
Listing status
| Days on market | 44 days |
| Listed on | April 22, 2026 |
Taxes & financials
| Annual property tax | $4,853 |
| Tax year | 2025 |
| Assessed value | $309,500 |
| Zoning | R2 |
| Gross income (actual) | $60,000/yr |
| Net operating income (actual) | $60,000/yr |
| Total actual rent | $2,000/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street |
| Foundation | Brick/Mortar |
| Roof | Shingle |
| Flooring | Wood, Vinyl |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Century 21 North East — Fermin Group. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 24 Hiawatha St, Springfield MA 01108 have?
It is a 2-unit multi-family property with 3,181 sqft of living area, built in 1912.
How long has 24 Hiawatha St, Springfield MA 01108 been on the market?
24 Hiawatha St, Springfield MA 01108 has been listed for 44 days (since April 22, 2026).
What is the estimated cap rate on this 2-family in Springfield?
Based on area median rents, the estimated cap rate is about 4.3%, with a Signal Score of 76/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $529,900 across 2 units, that works out to roughly $264,950 per unit.
What are the property taxes on 24 Hiawatha St, Springfield MA 01108?
Annual property taxes are $4,853 (2025), on an assessed value of $309,500.
What is the price per square foot?
At $529,900 for 3,181 sqft, that's about $167 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street).
Where is this property located?
24 Hiawatha St, Springfield MA 01108 is in Springfield, Hampden County, MA 01108.
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