524 Goodwin St Springfield — Photo 1 of 16
Recent Drop: $64,100
$399,900
Investment Analysis — 524 Goodwin St
Springfield, MA 01151
Based on rent reported on the MLS listing, a 2-unit multi-family in 01151 carries $1,650/mo in gross rent — about a 2.73% cap rate and $10,901/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
1,728
Style
2 Family - 2 Units Side by Side
Built
1968
Welcome to 524 Goodwin Street, Springfield, MA! This beautifully updated duplex is the perfect opportunity for both owner-occupants and investors. Built in 1968, this well-maintained property features two spacious units with modern, updated kitchens and renovated bathrooms that blend style and functionality. Each unit offers comfortable living spaces, making it ideal for first-time homebuyers looking to offset their mortgage with rental income or for investors seeking a turnkey addition to their portfolio. Conveniently located in a desirable neighborhood close to schools, shopping, restaurants, parks, and major highways, this property offers both comfort and convenience. Whether you’re looking to live in one unit and rent the other or add a solid income-producing property to your investments, this move-in-ready duplex is one you won’t want to miss!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$399,900
Was $430,000
Aug 24, 2026
MLS® 73547113
$430,000
Was $464,000
Aug 5, 2026
MLS® 73547113
$464,000
Jul 9, 2026
MLS® 73547113
Listing Agent: New Homes Realty Group
Listing Office: Gallagher Real Estate
MLS® Number: 73547113