5+ Family - 5+ Units Side by Side at 50 Stevens St, Springfield MA 01104, Springfield
5+ Family - 5+ Units Side by Side at 50 Stevens St, Springfield MA 01104, Springfield, photo 2 of 5
5+ Family - 5+ Units Side by Side at 50 Stevens St, Springfield MA 01104, Springfield, photo 3 of 5
5+ Family - 5+ Units Side by Side at 50 Stevens St, Springfield MA 01104, Springfield, photo 4 of 5
5+ Family - 5+ Units Side by Side at 50 Stevens St, Springfield MA 01104, Springfield, photo 5 of 5
5 photos

$1,250,000

50 Stevens St, Springfield MA 01104
Springfield, MA 01104
Listed by Raquel Medina
Bedrooms
10
Bathrooms
10
Living area
2,930 sqft
Year built
1927

About this home

Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time.With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.

Property details

MLS #
73568827
Property type
5+ Family - 5+ Units Side by Side
Subdivision
N/A
Status
Active
Days on market
43
On market date
August 26, 2026
Stories
2
Total bathrooms
10
Garage spaces
N/A
Parking spaces
10
Lot size
0.27 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Samuel Bowles
0.4 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
210
Student:teacher ratio
8.1:1
District
Springfield
Middle
Emergence Academy
0.9 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
45
Student:teacher ratio
9.0:1
District
Springfield
HighCharter
Baystate Academy Charter Public School
0.72 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
456
Student:teacher ratio
8.6:1
District
Baystate Academy Charter Public School (District)

Walkability

Blended score for Springfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

71
Walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks6
Schools14
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Springfield, from live MLS data.

On the market 43 days -- 67 fewer days than Springfield's current average of 110 days.
For reference, the median list price across 723 active listings in Springfield right now is $305,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.