$389,000

404-406 Franklin St Springfield, MA 01104

$4,619
Closing credit¹
9 beds
3 full
3,213 sqft
0.10 acres
$121 / sqft
Multi-Family

Property details

About 404-406 Franklin St

Three-Family Home in Springfield with Vacant Unit! This well-maintained property is a fantastic opportunity for investors or owner-occupants. Each unit offers 3 bedrooms and was very well renovated between 2010–2015, including plumbing and electrical. Unit #1 is vacant and features a brand-new hot water tank (2025). Don’t miss this income-generating opportunity—schedule your showing today! Per Wayfinders rent standard, Wayfinders will pay $2,028/mo (utilities included) for a 3 bedroom unit in 01104. Wayfinders will pay $1,751/mo (utilities not included) for a 3 bedroom unit in 01104. See attached. Seller & Listing Brokerage make no guarantee and Buyer to confirm all information regarding potential rent from rental subsidiaries.

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
(New)
Size3,213 sqft
Lot size0.1 Acres
Year built1901
ParkingOff Street
MLS #73386596

Summary

  • Full Bathrooms: 3
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Interior: Living Room, Kitchen, Laundry Room
  • Total Bedroom Count: 9
  • Parking: Off Street
  • Exterior: Balcony
  • Heating: Electric
  • Cooling: None
  • List Price: $389,000
  • Price/SqFt: $121
  • Annual Tax Amount: $3,837
  • Tax Year: 2024
  • Lot: Level, Other
  • Directions: Please use GPS.
  • Year Built: 1901
  • Stories: 6
  • Living Area: 3,213 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 73386596
  • MLS Name: MLS Property Information Network
  • Office Name: Coldwell Banker Realty - Western MA
  • Office Phone: (413) 567-8931
  • Listing Agent: The Generation Group

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: 6/6/2025, 4:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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404-406 Franklin St, Springfield, MA 01104 - view of front of home featuring a porch

$389,000

404-406 Franklin St

$4,619

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 29, 2005
Home Sold
$32,500
Aug 18, 2004
Home Sold
$21,000
May 22, 2003
Home Sold
$89,000
Oct 18, 2001
Home Sold
$32,500
Mar 30, 2000
Home Sold
$93,000
Mar 30, 2000
Home Sold
$39,900
Mar 26, 1992
Home Sold
$64,767
May 08, 1987
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2024$238,900$3,837
2023$221,500$3,777
2022$226,700$4,266
2021$194,300$3,672
2020$185,800$3,629
2019$146,800$2,889

History based on county public records data.

Nearby schools

1

Springfield Public Day Elementary School

Public District 1-5

0.7 mi

34 Nye St

4

Edward P. Boland School

Public District PK-5

0.7 mi

426 Armory St

1

Lincoln

Public District KG-5

0.9 mi

732 Chestnut 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 $11,626. Most Springfield, MA residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

87%
<35k
12%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

75%
Single, No Kids
13%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Chico'sChico's

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 404-406 Franklin St

The listing price of 404-406 Franklin St property is $389,000.

The property 404-406 Franklin St is a multi located in Springfield, Massachusetts, 01104.

Active Listing: 404-406 Franklin St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 404-406 Franklin St are: Springfield Public Day Elementary School (GreatSchools Rating 1/10), Edward P. Boland School (GreatSchools Rating 4/10), Lincoln (GreatSchools Rating 1/10), Libertas Academy Charter School (GreatSchools Rating 7/10), Alfred G. Zanetti Montessori Magnet School (GreatSchools Rating 6/10), South End Middle School (GreatSchools Rating 2/10), Conservatory of the Arts (GreatSchools Rating 2/10), Gateway to College at Springfield Technical Community Colleg (GreatSchools Rating 7/10), Phoenix Academy Public Charter High School Springfield (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $3,837 (source: MLS/based on county public records data).

The last sale was on September 29, 2005 for $32,500 (source: MLS/tax record).

The property 404-406 Franklin St is 3,213 SqFt (source: MLS/tax record).

The year of construction for 404-406 Franklin St is 1901.

This home is located at 404-406 Franklin St in Springfield, MA and zip code 01104 in the Metro Center neighborhood. This 3,213 square foot home, which was built in 1901, sits on a 0.10 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $389,000.

Over 80 listings were sold over their listed price in May 2025 in Springfield, MA. In the same period over 25 listings were sold below the listed price and 14 listings were sold for the listed price. The number of listings in Springfield, MA increased by 4.5% between April and May 2025. 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.

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