248-250 Jefferson St, Fall River MA 02721

Fall River, MA 02721

$699,999

Est. $4,329/month

6

Beds

2.5

Baths

4,266

Sq Ft

$164

Price/Sq Ft

0.08

Acres

1900

Year Built

Multi Family

Type

101

Days on Market

Pending Price Drop -$20,001 Listed Aug 12, 2025 • MLS# 73416610 Copied!

About this home

Fantastic mixed-use investment opportunity in the heart of Fall River! This well-maintained property features a popular bagel shop at street level and two spacious residential units above. Each unit offers 3 generously sized bedrooms, a large living room, formal dining room, and a beautifully updated kitchen with granite countertops. Hardwood floors run throughout the living areas, adding warmth and charm. Located less than half a mile from the highway, and within walking distance to shops, restaurants, and public transportation. Fall River is a historic and cultural city nestled along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away. The property also offers off-street parking for 5 cars—a rare find in the city. Great opportunity for both owner-occupants and investors alike!

Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1900

Bedrooms

6

Full Bathrooms

2

Half Bathrooms

1

Living Area

4,266 sq ft

Total Rooms

15

Stories

3

Levels

3

Facts & Features

Home Facts

Type Residential Income

Style Multi Family

Year Built 1900

Living Area 4,266 sq ft

Lot Size 0.08 acres

Bedrooms 6

Full Baths 2

Half Baths 1

Total Rooms 15

Interior

Heating Natural Gas

Cooling Ductless, None

Flooring Tile, Vinyl, Hardwood, Stone/ceramic Tile

Appliances Range, Refrigerator, Freezer

Fireplace None

Basement None

Laundry None

Features Pantry, Stone/granite/solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Exterior

Construction None

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Total Spaces 5

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Oven

Financial

Annual Tax $7,069

Assessed Value $617,400

Interior Features

Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile

Appliances: Range, Refrigerator, Freezer

Interior Features: Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof: Shingle

Foundation: Concrete Perimeter

Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas

Heating Zones: 3

Cooling: Ductless, None

Cooling Zones: 1

Hot Water: Natural Gas

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

Total Parking Spaces: 5

Parking Features:

Location

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Neighborhood

248-250 Jefferson St, Fall River MA 02721

Fall River, MA 02721

Walkability

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Nearby Schools

School District

Fall River School District local

F

⚠ School Safety 2024-25

8.4% Average discipline rate

8.4% Suspensions 2.1% In-School

↑ 2.9% above state avg

E

Elementary Schools

10 schools

B

Espirito Santo School

0.7 mi | #226 of 496 | Score: 59.5

+1.3 above state avg

Grades PK-08

B

Holy Trinity School

0.8 mi | #229 of 496 | Score: 59.5

+1.3 above state avg

Grades PK-08

B-

Atlantis Charter School

0.9 mi | #360 of 623 | Score: 61.1

+2.9 above state avg

1,246 students Diverse

College Ready Curriculum

Grades K-12

D

Henry Lord Community School

1.4 mi | #461 of 496 | Score: 45.7

-12.5 below state avg

817 students Diverse

Diverse Student Body

Grades PK-08

C-

John J Doran School

1.6 mi | #447 of 496 | Score: 47.1

-11.1 below state avg

525 students Diverse

Diverse Student Body

Grades PK-08

C+

East Gate Christian Academy

1.9 mi | #388 of 623 | Score: 59.5

+1.3 above state avg

Grades PK-12

B

Antioch School

1.9 mi | #230 of 496 | Score: 59.5

+1.3 above state avg

Grades PK-08

C+

Stone PK-12 School

2.1 mi | #440 of 623 | Score: 56.6

-1.6 below state avg

56 students Diverse

Diverse Student Body

Grades K-12

B

Holy Name School

2.1 mi | #228 of 496 | Score: 59.5

+1.3 above state avg

Grades PK-08

B

St. Michael School

2.8 mi | #227 of 496 | Score: 59.5

+1.3 above state avg

Grades PK-08

M

Middle Schools

3 schools

C-

Talbot Innovation School

1.2 mi | #402 of 496 | Score: 50.3

-7.9 below state avg

582 students Diverse

Diverse Student Body

Grades 06-08

D

Matthew J Kuss Middle School

2.0 mi | #454 of 496 | Score: 46.4

-11.8 below state avg

646 students Diverse

Diverse Student Body

Grades 06-08

F

Morton Middle School

2.4 mi | #496 of 496 | Score: 27.7

-30.5 below state avg

751 students Diverse

Diverse Student Body

Grades 06-08

H

High Schools

6 schools

B

Argosy Collegiate Charter School

1.0 mi | #307 of 623 | Score: 64.2

+6 above state avg

587 students Diverse

Early College Program College Ready Curriculum Diverse Student Body

Grades 06-12

F

Resiliency Preparatory Academy

1.7 mi | #602 of 623 | Score: 41.6

-16.6 below state avg

171 students Very Diverse

Diverse Student Body

Grades 07-12

C+

Fall River Deaconess Home School

1.9 mi | #389 of 623 | Score: 59.5

+1.3 above state avg

Grades 06-12

B-

Diman Regional Vocational Technical High School

1.6 mi | #333 of 623 | Score: 63.1

+4.9 above state avg

1,463 students Moderate

High Graduation Rate Career Tech Programs College Ready Curriculum

Grades 09-12

B-

B.M.C. Durfee High School

2.5 mi | #359 of 623 | Score: 61.2

+3 above state avg

2,642 students Diverse

Early College Program Career Tech Programs Diverse Student Body

Grades 09-12

C+

Bishop Connolly High School

2.6 mi | #387 of 623 | Score: 59.5

+1.3 above state avg

Grades 09-12

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Property History

Property Timeline

🏠

Listed for Sale

Aug 12, 2025

$699,999

Original listing

Office: ALANTE Real Estate

Date	Event	Price	Change	$/sqft	Details
08/12/2025	🏠 Listed for Sale	$699,999	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Aug 12, 2025	New Listing Added	$699,999	—

Market Statistics

Days on Market

101 days

Price per Sq Ft

$164

Total Price Drop

-$20,001

Tax History

Year	Taxes	Assessment
2025	$7,069	$617,400

Financial Details

Annual Property Tax

$7,069

Tax Year 2025

Assessed Value

$617,400

Elementary Schools

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High Schools

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248-250 Jefferson St, Fall River MA 02721

About this home

Property Overview

Facts & Features

Home Facts

Interior

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Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

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Nearby Schools

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High Schools

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