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524 Goodwin St, Springfield, MA, 01151

4beds
4baths
1,728sqft
$464,000
$269price/sqft
$3,569/moest. monthly cost
$142,760/yrincome needed

About This Home

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!

Getting Around

41
WalkingCar-Dependent
36
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Side by Side

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Finished area above ground: 1,728

Interior Area

  • Total structure area: 1,728
  • Total interior livable area: 1,728 sqft

Property

Details

  • Parcel number: 2586521
  • Zoning: r2

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 6
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

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

No climate risk data available.

How This Home’s Risks Compare

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 $2,346$28,152
Home Insurance *$269$3,228
Property Taxes $600$7,200
Electricity $354$4,259
Total$3,569$42,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,365/yr
40% on housing$107,070/yr
45% on housing$95,173/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: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$269This listing

vs Other Active Listings

Avg $/sqft

ZIP 01151$173
Hampden County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 01151$234
Hampden County$227

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)

Price History

DateEventPrice
2026-08-05Price change$430,000
2026-07-09Listed for sale$464,000
2022-06-13Sold$264,000
2022-04-21Contingent$235,000
2022-04-20Listed for sale$235,000
2005-10-07Sold$160,000
2004-08-17Sold$119,000
2001-10-22Sold$61,000
2000-06-19Sold$49,000
1996-10-01Sold$73,000
1996-05-10Sold$45,000

For Sale by Agent

AgentNew Homes Realty Group
BrokerageGallagher Real Estate

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