$679,000

403 Orange St Springfield, MA 01108

$8,063
Closing credit¹
8 beds
6 full
6,400 sqft
0.2 acres
$106 / sqft
Multi-Family

Property details

About 403 Orange St

Turn-key 6-family investment in Springfield generating over $91K in annual gross rental income, with five units rented and one freshly updated, rent-ready unit vacant. The property includes two 2-bedroom units and four oversized 1-bedroom units, each with a bonus office/den. Most units have been renovated with new vinyl plank flooring, updated kitchens, and modernized bathrooms. Tenants pay all utilities, with separate electric and gas meters; owner covers water/sewer. Lead certificates are available for two units. Situated on a 10,000 sq ft lot with a paved parking area for 12 vehicles, offering potential for additional rental income or future development. Professionally managed and well-maintained, this asset presents strong cash flow with long-term upside.

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
Size6,400 sqft
BasementYes
Lot size0.23 Acres
Year built1911
ParkingPaved Drive, Off Street, Paved
MLS #73362578

Summary

  • Full Bathrooms: 6
  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Carpet, Varies
  • Interior: Upgraded Cabinets, Bathroom With Tub, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen, Office/Den
  • Total Bedroom Count: 8
  • Parking: Paved Drive, Off Street, Paved
  • Heating: Electric
  • List Price: $679,000
  • Price/SqFt: $106
  • Annual Tax Amount: $7,513
  • Tax Year: 2024
  • Directions: Use GPS.
  • Year Built: 1911
  • Stories: 9
  • Living Area: 6,400 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 73362578
  • MLS Name: MLS Property Information Network
  • Office Name: MP Signature Realty LLC
  • Office Phone: (781) 322-6928
  • Listing Agent: Kevin Li

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 4:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

403 Orange St, Springfield, MA 01108 - view of front of house with stucco siding and a balcony

$679,000

403 Orange St

$8,063

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 17, 2021
Home Sold
$376,000
May 24, 2019
Home Sold
$314,000
Dec 15, 2009
Home Sold
$162,000
Apr 02, 2007
Home Sold
$212,500
Oct 11, 2002
Home Sold
$112,900
Jul 20, 2001
Home Sold
$110,000
Jun 30, 2000
Home Sold
$108,000
Jun 30, 2000
Home Sold
$35,000
Feb 29, 2000
Home Sold
$72,250
Apr 14, 1997
Home Sold
$90,000

Tax history

YearAssessmentProperty Tax
2024$467,800$7,513
2023$403,800$6,885
2022$351,400$6,613
2021$336,300$6,356
2020$288,700$5,638
2019$220,500$4,339

History based on county public records data.

Nearby schools

5

White Street

Public District KG-5

0.2 mi

300 White St

3

Kensington International School

Public District PK-5

0.4 mi

31 Kensington Ave

5

Elias Brookings

Public District PK-5

0.6 mi

433 Walnut St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,818. The majority of Springfield, MA residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

67%
<35k
17%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

39%
Single, No Kids
33%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 403 Orange St

The listing price of 403 Orange St property is $679,000.

The property 403 Orange St is a multi located in Springfield, Massachusetts, 01108.

Active Listing: 403 Orange St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 403 Orange St are: White Street (GreatSchools Rating 5/10), Kensington International School (GreatSchools Rating 3/10), Elias Brookings (GreatSchools Rating 5/10), Forest Park Middle School (GreatSchools Rating 3/10), Springfield Public Day Middle School (GreatSchools Rating 2/10), Veritas Preparatory Charter School (GreatSchools Rating 4/10), Springfield High School (GreatSchools Rating 1/10), High School of Commerce (GreatSchools Rating 2/10), Conservatory of the Arts (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $7,513 (source: MLS/based on county public records data).

The last sale was on November 17, 2021 for $376,000 (source: MLS/tax record).

The property 403 Orange St is 6,400 SqFt (source: MLS/tax record).

The year of construction for 403 Orange St is 1911.

This home is located at 403 Orange St in Springfield, MA and zip code 01108 in the Forest Park neighborhood. This 6,400 square foot home, which was built in 1911, sits on a 0.23 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $679,000.

Springfield, MA housing market in May 2025 saw over 80 listings sold above listed price, more than 14 sold at listed price and over 25 sold below. Between April and May 2025, Springfield, MA real estate market has seen increase in the number of listings by 4.5%. In May 2025 median list price was $304,400 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

More resources