40-42 Ferris St, Springfield, MA 01151
Property image
Property image
FOR SALE

$400,000

  • 4 Beds
  • 3 Baths
  • 1,872 sqft

40-42 Ferris St, Springfield, MA 01151

Indian Orchard
Est. Mortgage $2,564/mo*
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Home Highlights

Multi-Family
Built in 1987
$214/sqft
Garage

Local Information

  • Map ViewExplore the area around 40-42 Ferris St.
  • Schools2 Preschool Schools3 Elementary Schools6 Middle Schools8 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

***BUYERS GOT COLD FEET*** Welcome to 40–42 Ferris Street, a well-maintained side-by-side duplex located in the Indian Orchard neighborhood of Springfield. This versatile property offers two spacious units, each featuring 2 bedrooms and 1.5 bathrooms, along with its own private driveway and an attached garage—an uncommon convenience in the area. Both units include individual back decks, perfect for relaxing outdoors or enjoying gatherings on the level lot.Unit 42 received a substantial renovation in 2022, including a fully updated kitchen with granite countertops, subway-tile backsplash, stainless-steel appliances, new flooring throughout the first level, refreshed bathrooms, new doors, updated heaters and thermostats, modern lighting, and fresh paint. The living room also features a wall A/C unit, and the washer and dryer are included. Unit 40 has long-term tenancy and has been well cared for.The property includes updated exterior work such as replaced cedar siding and newly built decks (2022). Both units are served by electric heat, and the home has a sprinkler system in place. Located close to shopping centers, parks, and major conveniences, this duplex offers an excellent opportunity for investors seeking strong rental income or owner-occupants looking for flexibility.**Don’t wait—come see this wonderful property and explore all the potential it has to offer.**
Last check for updates: about 11 hours ago
Listing courtesy of The Hamre Martin Team, (413) 210-0207
Real Broker MA, LLC, (413) 273-1381
Ricardo Perez, (413) 337-7330
Source: MLS PIN, MLS#73561931
Also Listed on MLS PIN.

Home Details for 40-42 Ferris St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 8
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 1872 Square Feet
Appliances & Utilities
Utilities: for Electric RangeAppliances: Range, Disposal, RefrigeratorDisposalRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Number of Stories: 4

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck - WoodFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 4Has a GarageHas Open ParkingParking Spaces: 6Parking: Paved
Frontage
Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1872

Days on Market

Days on Market: 31

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Side by Side
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Parcel Number: S:05095 P:0008, 4629550

Price & Status

Price
List Price: $400,000Price Per Sqft: $214

Active Status

MLS Status: Active

Location

Direction & Address
City: Springfield

Agent Information

Listing Agent
Listing ID: 73561931

Building

Building Area
Building Area: 1872 Square Feet

Community

Community Features: Public Transportation, ShoppingNot Senior Community

Lot Information

Lot Area: 8002 sqft

Rental Terms, Policies & Fees

Rent Includes: Unit 1(Water), Unit 2(Water)

Miscellaneous

BasementMls Number: 73561931Above Grade Unfinished Area: 1872

Additional Information

Public TransportationShopping

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Indian Orchard

At least 136 Trulia users voted on each feature.
  • 81 % Say yards are well-kept

  • 80 % Say parking is easy

  • 79 % Say it's dog friendly

  • 78 % Say car is needed

  • 74 % Say there are sidewalks

  • 63 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 60 % Say it's walkable to restaurants

  • 59 % Say it's walkable to grocery stores

  • 58 % Say streets are well-lit

  • 54 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 40 % Say there's wildlife

  • 40 % Say people would walk alone at night

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Andre Phillip
    "It’s quiet and the people are particularly nice.. Not all but most of them are. It’s quiet and the people are particularly nice.. Not all but most of them are. "
  • Jackspallone9
    "Don’t live here unless you’re ok with drug dealers and criminals living in the section 8 on the same block"
  • 9g7nwjxw6x
    "Not a bad neighborhood if you keep to yourself. Always nice to have at least a ring camera too. Also many times when packages have gotten delivered they’ve sent it to a neighbor address and it’s never to be found."
  • Trulia User
    "I don’t live here I work here. I would say it’s pretty quiet at night time but during the day there’s a lot of traffic especially cause of school "
  • Crystaline Soto
    "It’s very quiet and nice neighborhood to raise your kids in I really love the school. I lived in this area for seven years and I wanna move back."
  • Trulia User
    "it is very nice, clean and quiet. you will literally never want to leave. A very charming part of town "
  • Trulia User
    "This is safe area to live. it's quiet for the most part except when there is heavy traffic. Those hours are loud lol "
  • Dagift413
    "There’s lots of friendly dogs and dog owners around the area and dog parks around as well . Good place to live very private "
  • Dagift413
    "It’s quiet and comfortable here people are friendly aswell and it’s maintained well by the city . Been here for about 3 years and never had a issue "
  • Giselle E.
    "This is a diverse community. Anyone will fit in. Everyone is friendly. The community is not that clean. I wish people would throw trash in the trash can not on the ground. "
  • Sarah H.
    "I see some people walking dogs. I don't really know much about it because I don't own any dogs, so I'm not that attentive to what they're doing."
  • Crystal M.
    "I always see kids out playing and parents walking or riding bikes with their kids. It’s nice to see since I have children of my own."
  • Jimenezfranki55
    "Great neighborhood I move here and is awesome a lot of services and stores very close. Quiet at night. Very pleasant during the day."
  • Christina.acosta23
    "This place is nice, good if you like to be near the city but not in the middle of the hustle and flow of downtown."
  • Gloria M. S.
    "My neighborhood is very quiet and safe to walk at night it has great access near restaurants and stores to shop I love it."
  • Gloria M. S.
    "My neighborhood is safe to walk and neighbors are looking out for eachother very friendly and I love living here :)"
  • Traceecummings
    "we have terrible public transportation pvta could care less it's about what's convenient for them more people would ride if consistent and on time and a later schedule. "
  • Vionetta W.
    "The commute to everywhere is okay Boston road is a 5 minute drive There’s easy access to stores nearby "
  • Janedoe323
    "It is always a very diverse neighborhood and pretty quiet except for police sirens and airplanes and the trains throughout the day. I would not walk outside alone esp. at night or spend any time in the yard but there are a lot of restaurants and shops near by."
  • Zoemrosa
    "This neighborhood is okay. I’m looking forward to moving in the near future. I’ve lived here for two years. The neighborhoods are quiet in some areas. "
  • Carolynlabosco
    "none known. I have nothing good to say about this neighborhood constant motorcycle riding loud noises up and down the street all times of the morning and late night drinking all night in front of the buildings trash everywhere I pick up after myself it's impossible to go behind everybody that leaves their disgusting mess this is why I want to move and it's a drug-infested neighborhood either drug dealers or drug addicts"
  • Zoemrosa
    "It’s an okay neighborhood. Not the most ideal. There are a couple of good areas. Some areas like most cities i wouldn’t walk through at night. But it could be worse. "
  • Gisela
    "Nothing unique about my neighborhood. Ppl drive too fast like on a speed way. Too many drunkers around. Neighbors always fighting violently. Can’t wait to move. "
  • Silviacakes6814
    "I live close to 3yrs and the neighborhood is very quiet and the neighbors look after eachother for safety what makes it unique that all houses are in good shape and its very safe to take a walk with your pets."

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$300K
$10K
MoM
Sale-to-List Price
101.6%
1.0%
MoM
Price per sq ft
$218
$5
MoM
Available listings
276

Home Value

Trulia Estimate
$399K
Since last month
Increased$9K (+2.2%)
Since last year
Increased$23K (+6.1%)
Since last sale
Increased$398K (+23,270.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +142% in the last 10 years
MonthEstimated value
2026
September 2026$399K
August 2026$383K
July 2026$391K
June 2026$391K
May 2026$390K
April 2026$384K
March 2026$382K
February 2026$371K
January 2026$375K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Multi-Family Home
$410,000
06/17/26
4
3
1,872
0.11
Multi-Family Home
$299,000
02/20/26
4
2
1,976
0.31
Multi-Family Home
$340,000
02/27/26
4
2
1,824
0.40
Multi-Family Home
$379,000
02/19/26
4
3
2,400
0.08
Multi-Family Home
$445,000
11/28/25
7
2
2,800
0.63
Multi-Family Home
$372,000
10/30/25
4
3
1,764
0.48
Multi-Family Home
$365,000
10/08/25
5
2
1,865

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$445,000
7
2
2,800
Recently Sold
0.07
$528,100
6
3
3,240
Off Market
0.08
$520,100
8
3
3,240
Off Market
0.05
$410,000
4
3
1,872
Recently Sold
0.12
$258,000
2
1
843
Recently Sold
0.12
$282,300
2
2
884
Off Market
0.15
$327,100
3
1
1,277
Off Market
0.10
$479,900
6
2
2,044
For Sale
0.11
$299,000
4
2
1,976
Recently Sold
0.13
$290,000
2
1
1,568
Recently Sold
0.13
$377,300
3
2
1,806
Off Market

Price and Tax history

DateEventPrice
Aug 26, 2026
Source: MLS PIN #73561931
PendingToActive
$400,000
Aug 15, 2026
Source: MLS PIN #73561931
Contingent
$400,000
Aug 11, 2026
Source: MLS PIN #73561931
Listed For Sale
$400,000
Dec 17, 2021
Source: N/A
ListingRemoved
Oct 25, 2021
Source: N/A
Pending
$275,000

LGBTQ Local Legal Protections

The Hamre Martin Team, Real Broker MA, LLC, (413) 273-1381
Agent Phone: (413) 210-0207
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.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

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Frequently asked questions about 40-42 Ferris St

  • What is the estimated monthly payment for 40-42 Ferris St?
    Based on a $400,000 list price with 20% down at today's rates, the estimated monthly payment for 40-42 Ferris St in Springfield, MA is approximately $2,649 (about $2,114 principal & interest, $460 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 40-42 Ferris St compare to homes in Springfield?
    40-42 Ferris St in Springfield, MA is listed at $400,000, about 33% above the $300K median sale price in Springfield.
  • What do residents say about the Indian Orchard neighborhood?
    Residents describe the Indian Orchard neighborhood in Springfield, MA as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Indian Orchard, Springfield.
  • What are the closest schools to 40-42 Ferris St?
    The closest schools to 40-42 Ferris St in Springfield, MA are Alfred G Zanetti School (Pre-K/Elementary/Middle, rated 6/10), High School Of Commerce (rated 2/10), High School of Science and Technology (Sci-Tech) (rated 1/10).
  • Does 40-42 Ferris St have air conditioning?
    Yes, 40-42 Ferris St in Springfield, MA has air conditioning.
40-42 Ferris St, Springfield, MA 01151 is a 4 bedroom, 4 bathroom, 1,872 sqft multi-family built in 1987. 40-42 Ferris St is located in Indian Orchard, Springfield. This property is currently available for sale and was listed by MLS PIN on Aug 11, 2026. The MLS # for this home is MLS# 73561931.