INNOVATE Real Estate
2 Family - 2 Units Up/Down at 21--23 Luther Street, Chicopee MA 01020
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30 photos

$499,999

21--23 Luther Street, Chicopee MA 01020
Chicopee, MA 01020
Listed by Mark Rodgers
Bedrooms
6
Bathrooms
2
Living area
2,184 sqft
Year built
1920

About this home

Updated and cash-flowing multi-family property professionally maintained by an experienced owner. This well-cared-for investment features two large porches, beautiful original woodwork and trim, and refreshed hardwood floors that preserve its classic character. Kitchen updates include new cabinetry and granite countertops, while electrical upgrades provide added value and peace of mind. Recent exterior improvements include a new driveway and new garage doors with automatic openers. Enjoy a charming pear tree, flower gardens, and attractive outdoor space. The third floor offers abundant storage and potential for additional living space. A rare opportunity to own a turnkey income-producing property with modern updates, historic charm, and future upside potential. Call today to schedule your private tour.

Property details

MLS
MLS Property Information Network
MLS #
73536202
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
130
On market date
June 15, 2026
Stories
2
Total bathrooms
2
Garage spaces
2
Parking spaces
8
Lot size
0.23 acres

Location

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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.

Elementary
Bowe
0.7 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
444
Student:teacher ratio
13.5:1
District
Chicopee
Middle
Dupont Middle
0.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
753
Student:teacher ratio
13.7:1
District
Chicopee
HighCharter
Paulo Freire Social Justice Charter School
0.39 mi away · Grades 9-12
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
243
Student:teacher ratio
11.6:1
District
Paulo Freire Social Justice Charter School (District)

Walkability

Blended score for Chicopee'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).

91
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks12
Schools14
Transit stops20
Pharmacies3

Market position

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

On the market 130 days -- 35 more days than Chicopee's current average of 95 days.
For reference, the median list price across 231 active listings in Chicopee right now is $299,950.

Mortgage calculator

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

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Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$3,161/mo
$100,000 down
$399,999 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 22, 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.