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194 Albion St, Fall River MA 02723

Fall River, MA 02723
$400,000
Est. $2,671/month
7
Beds
3
Baths
3,894
Sq Ft
$103
Price/Sq Ft
0.09
Acres
1900
Year Built
11
Days on Market
Closed Listed Aug 24, 2025 • MLS# 73421697 Copied!

About this home

Attention Investors & Owner-Occupants! This spacious 3-family home offers incredible potential and is ready for your vision and updates. The main level features 3–4 bedrooms with additional space ideal for an office, den, or extra living area, in-unit laundry, plus baseboard heat for added comfort. The second and third-floor units each offer 2–3 bedrooms each with flexible layouts and space heaters. Major updates include a roof replaced approximately 7 years ago. The property also offers a fenced-in yard and off-street parking. With some TLC, this property can be brought back to life and provide great rental income or multi-generational living.a

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,894 sq ft
Total Rooms
14
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $549,900
Final Sale Price: $400,000
Difference: $149,900 (-27.3%)
Performance Metrics
72.7%
List to Sale Ratio
Sold below asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $141
Sale $/sq ft: $103
This property sold for $103 per square foot
Sale Summary

This property sold for 27.3% below the original asking price.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$103/sq ft
Area Average
$198/sq ft
Difference
47.9%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,894 sq ft
Lot Size 0.09 acres
Bedrooms 7
Full Baths 3
Total Rooms 14

Interior

Heating Central, Natural Gas, Electric, Space Heater
Cooling None
Flooring Carpet, Laminate, Hardwood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen, Family Room, Laundry Room

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features None
Total Spaces 2

Utilities

Electric Fuses, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,376
Assessed Value $469,500

Interior Features

Flooring: Carpet, Laminate, Hardwood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen, Family Room, Laundry Room
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Natural Gas, Electric, Space Heater
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Location

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Neighborhood

194 Albion St, Fall River MA 02723

Fall River, MA 02723

Walkability

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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
Espirito Santo School
0.4 mi
Grades PK-08
Holy Name School
1.3 mi
Grades PK-08
Antioch School
1.4 mi
Grades PK-08
C-
John J Doran School
1.7 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
Holy Trinity School
1.8 mi
Grades PK-08
C
Atlantis Charter School
1.8 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
St. Michael School
2.1 mi
Grades PK-08
East Gate Christian Academy
2.3 mi
Grades PK-12
D
Henry Lord Community School
2.4 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
D
Stone PK-12 School
2.9 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
C-
Talbot Innovation School
0.4 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
C-
Morton Middle School
1.7 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
D
Matthew J Kuss Middle School
2.5 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
H

High Schools

6 schools
F
Resiliency Preparatory Academy
1.3 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
1.3 mi
Grades 06-12
C+
Argosy Collegiate Charter School
1.5 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
C+
Diman Regional Vocational Technical High School
0.6 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
1.5 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
1.5 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $448
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

42.8%
Price Range
12
Total Days on Market

Property Timeline

Current Active Listing - MLS #73492455
Full transaction history available when tracking began
🏡
Currently Listed
Mar 26, 2026
$699,900
MLS #73492455 - Active
Sold
Sep 25, 2025
$400,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Aug 24, 2025
$549,900
Original listing
Agent: Cindy Ferry Office: Keller Williams South Watuppa

Price & Status History

Date Event Price Change
Mar 27, 2026 Sold $699,900
Aug 24, 2025 New Listing Added $549,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$103

Tax History

Year Taxes Assessment
2025 $5,376 $469,500

Financial Details

Annual Property Tax
$5,376
Tax Year 2025
Assessed Value
$469,500

Listing Information

Listing Agent Cindy Ferry
Listing Office Keller Williams South Watuppa
Agent MLS ID FR800289
Office MLS ID AN3817
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Fall River, MA

Real-time market trends and pricing data for this area

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