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391 Federal St, Greenfield, MA, 01301

5beds
2baths
1,766sqft
$349,900
$198price/sqft
$2,844/moest. monthly cost
$113,760/yrincome needed

About This Home

Large 2 family house on Federal Street in Greenfield Massachusetts set up to be a 3 family. Egress and Plumbing for 3rd apartment already set up with potential of 3 bedrooms or add the rooms to make a larger 2nd unit. Huge 96’x68’ fenced in backyard. New roof, separate utilities with gas forced hot air, one gas and one heat pump hot water heaters. Tile, carpet and hardwood floors. Full basement. All 3 units have a porch. Finish the third unit and utilize attic space as bedrooms and you will have over 3000 ft.² of living space total for the building.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

5/10
Greenfield Middle SchoolGrades 5-70.7 mi
2/10
Greenfield High SchoolGrades 8-120.3 mi
6/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily

Interior

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Carpet,Hardwood

Heating

  • Heating features: Forced air,Other,Gas

Interior Area

  • Total interior livable area: 1,766 sqft

Property

Details

  • Parcel number: GREEM0108B0057L0

Features

  • Exterior features: Wood

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 4
  • Parking features: Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$153$1,836
Property Taxes $568$6,816
Electricity $354$4,259
Total$2,844$34,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,508/yr
40% on housing$85,320/yr
45% on housing$75,840/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 01301$167
Franklin County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 01301$225
Franklin County$237

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-19Price change$375,900
2025-10-21Listed for sale$379,900
2009-09-15Sold$179,000
2009-03-23Sold$220,000
2005-10-31Sold$280,000
2002-11-18Sold$15,175

For Sale by Owner

AgentProperty Owner
BrokerageBent Nail Properties

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