Multi Family at 157-159 Lebanon St, Springfield MA 01109, Springfield
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22 photos

$290,000

157-159 Lebanon St, Springfield MA 01109
Springfield, MA 01109
Listed by Maher Khatib
Bedrooms
9
Bathrooms
2
Living area
2,894 sqft
Year built
1907

About this home

Classic Bostonian-style duplex offering strong potential for investors or owner-occupants. This two-family home features wood-burning fireplaces in each unit, adding warmth and character, as well as hardwood flooring throughout much of the living space. Each unit also has its own separate basement. The exterior is finished with low-maintenance aluminum siding. The property is in need of updates and repairs, providing an excellent opportunity to add value and customize to your vision. Each unit offers a traditional layout with spacious rooms. A unique feature is the third-floor space consisting of five additional rooms, which may be accessed privately through each unit, offering potential for expanded living area or flexible use (buyer to verify). It's conveniently located with strong upside potential, making it a solid opportunity for investors or those building equity.

Highlights

Fireplace

Property details

MLS #
73561261
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
45
On market date
August 10, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
6
Lot size
0.22 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Elias Brookings
0.34 mi away · Grades -1-5
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
299
Student:teacher ratio
10.3:1
District
Springfield
Middle
Springfield Public Day Middle School
0.14 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
38
Student:teacher ratio
3.8:1
District
Springfield
High
High School Of Commerce
0.69 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
1,282
Student:teacher ratio
10.2:1
District
Springfield

Walkability

Blended score for Springfield's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies4

Market position

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

On the market 45 days -- 64 fewer days than Springfield's current average of 109 days.
For reference, the median list price across 666 active listings in Springfield right now is $307,000.

Mortgage calculator

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

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Est. monthly payment
$1,896/mo
$58,000 down
$232,000 loan
Principal & interest$1,505
Property tax (est.)$242
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 14, 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.