$399,900 · For sale

Great Investment Opportunity in Springfield’s Historic Old Hill Neighborhood! Bring your vision and unlock the potential of this spacious multifamily property! Offering a wonderful opportunity for investors or owner-occupants looking to start or expand their real estate portfolio. This property features generous living space, classic character, and plenty of possibilities for those wanting to put their own touches on their new home. The first-floor unit offers 3 bedrooms, 1 full bath, a kitchen, living room, and dining room. The second unit spans the second and third floors, including the attic space, and features 5 bedrooms, a kitchen, and 2 bathrooms (2nd & 3rd floor), providing additional room and flexibility. Additional features include oil heat, an enclosed front porch, side porches on the first and second floors, a detached two-car garage, and a driveway with parking for up to 4 vehicles. Conveniently located near shopping, restaurants, houses of worship, American International College, and other area amenities, this property offers an excellent opportunity to invest in a well-established Springfield neighborhood. Whether you’re an experienced investor seeking your next project or an owner-occupant looking to build wealth through real estate, this multifamily property is ready for its next chapter. Bring your ideas, explore the possibilities, and make this Old Hill property your next investment success!
307-309 Wilbraham Rd is a multi-family home for sale in Springfield, MA 01109 with 3,290 square feet, asking $399,900. It was built in 1914. It has been on our site since October 28, 2026.
At $122 a square foot, it compares with a median of $152 among the 91 other multi-family homes for sale in Springfield with a stated size.
The whole property at this address is assessed at $242,300 for fiscal year 2026. It last sold for $17,000 in June 1970. The assessor lists a lot of 0.13 acres.
It scores 39 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Springfield (Amtrak · CTrail Hartford Line and Lake Shore Limited), about 2.1 miles away. The closest bus stop is Wilbraham / Suffolk (1) (PVTA route B17), under 0.1 miles away.
The closest public schools by level are Springfield Transition Academy (0.5 miles), STEM Middle Academy (0.5 miles) and Springfield High School of Science and Technology (0.4 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73596179, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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To ask about this home or book a tour, call Benjamin Realty at (617) 734-5050 or email [email protected].