123 Multi Family Way, Fall River MA 02724

Fall River, MA 02724

$1,100,000

Est. $6,602/month

7,819

Sq Ft

$141

Price/Sq Ft

0.15

Acres

1900

Year Built

5-9 Family

Type

90

Days on Market

Active Listed Apr 8, 2026 • MLS# 73497633 Copied! • Updated May 21, 2026

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About this home

Rare mixed-use investment opportunity on a high-visibility corner lot. Property features 7 residential units: six 2-bedroom apartments plus a private studio in a separate rear structure. Strong income potential with a busy corner retail storefront and an additional rented office space. Excellent exposure for commercial tenants with steady traffic. Large corner lot offers potential for curb cut and off-street parking (buyer to perform due diligence). Ideal for investors seeking diversified income streams. Private showings only

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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Apr 8, 2026

$1,100,000

Original listing

Agent: Jade Garcia Office: revolv Real Estate

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
04/08/2026	🏠 Listed for Sale	$1,100,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$10,083	$880,600

Financial Details

Annual Property Tax

$10,083

Tax Year 2025

Assessed Value

$880,600

Facts & Features

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1900

Living Area 7,819 sq ft

Lot Size 0.15 acres

Total Rooms 21

Investment Metrics

Units 7

Unit 1 Rent $1,100/mo · N

Unit 2 Rent $1,100/mo · N

Unit 3 Rent $1,100/mo · N

Total Monthly Rent $3,300/mo

Gross Income $39,600

Net Operating Income $39,600

Cap Rate 3.60%

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $10,083

Assessed Value $880,600

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Sellers And Sellers Agents Make No Guarantees Buyers And Buyers Agents To Do Due Diligence

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Documents None

County Bristol

Total market time (incl. prior listings) 43 days

Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1900

Living Area

7,819 sq ft

Total Rooms

21

Stories

3

Levels

3

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation: Concrete Perimeter

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School District

Fall River School District local

C-

⚠ School Safety 2024-25

8.4% Above Average

8.4% Suspensions 2.1% In-School

↑ 2.9% above state avg

E

Elementary Schools

10 schools

East Gate Christian Academy

0.5 mi

Grades PK-12

C-

John J Doran School

1.0 mi | #301 of 352 | Score: 31.3

Improved 26 spots from last year

-26.9 below state avg

525 students Diverse

Rising School Diverse Student Body

Grades PK-08

D

Stone PK-12 School

1.0 mi | #370 of 346 | Score: 35.9

Same rank as last year

56 students Diverse

Diverse Student Body

Grades K-12

D

Henry Lord Community School

1.2 mi | #321 of 352 | Score: 29.1

Improved 12 spots from last year

-29.1 below state avg

817 students Diverse

Diverse Student Body

Grades PK-08

Holy Trinity School

1.3 mi

Grades PK-08

Antioch School

1.9 mi

Grades PK-08

C

Atlantis Charter School

2.0 mi | #246 of 346 | Score: 46.8

Improved 25 spots from last year

-11.4 below state avg

1,246 students Diverse

Rising School College Ready Curriculum

Grades K-12

Espirito Santo School

2.2 mi

Grades PK-08

Holy Name School

2.5 mi

Grades PK-08

St. Michael School

2.8 mi

Grades PK-08

M

Middle Schools

3 schools

D

Matthew J Kuss Middle School

0.4 mi | #336 of 352 | Score: 27.0

Dropped 1 spots from last year

-31.2 below state avg

646 students Diverse

Diverse Student Body

Grades 06-08

C-

Morton Middle School

2.4 mi | #299 of 352 | Score: 31.4

Improved 39 spots from last year

-26.8 below state avg

751 students Diverse

Rising School Diverse Student Body

Grades 06-08

C-

Talbot Innovation School

2.6 mi | #309 of 352 | Score: 30.6

Dropped 25 spots from last year

-27.6 below state avg

582 students Diverse

Diverse Student Body

Grades 06-08

H

High Schools

6 schools

C+

Argosy Collegiate Charter School

0.7 mi | #244 of 346 | Score: 46.8

Improved 11 spots from last year

-11.4 below state avg

587 students Diverse

7 sports • 126 athletes

Early College Program College Ready Curriculum Diverse Student Body

Grades 06-12

F

Resiliency Preparatory Academy

1.7 mi | #393 of 346 | Score: 16.3

Same rank as last year

171 students Very Diverse

Diverse Student Body

Grades 07-12

Fall River Deaconess Home School

1.9 mi

Grades 06-12

C+

Diman Regional Vocational Technical High School

2.7 mi | #242 of 346 | Score: 47.1

Dropped 81 spots from last year

-11.1 below state avg

1,463 students Moderate

13 sports • 1,408 athletes

High Graduation Rate Career Tech Programs College Ready Curriculum

Grades 09-12

C+

B.M.C. Durfee High School

3.1 mi | #225 of 346 | Score: 49.2

Improved 98 spots from last year

-9 below state avg

2,642 students Diverse

18 sports • 1,452 athletes

Early College Program Rising School Career Tech Programs Strong Athletics

Grades 09-12

Bishop Connolly High School

3.3 mi

Grades 09-12

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Neighborhood

123 Multi Family Way, Fall River MA 02724

Fall River, MA 02724

Listing Information

Listing Agent Jade Garcia

Listing Office revolv Real Estate

Office Phone 508-644-8995

Agent MLS ID CN253230

Office MLS ID AN0604

Listing Data Updated May 21, 2026 7:49 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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