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302-316 Hope Street, Fall River MA 02721

Fall River, MA 02721
$1,825,000
Est. $10,670/month
24
Beds
9
Baths
9,402
Sq Ft
$194
Price/Sq Ft
0.32
Acres
1900
Year Built
15 hours 18 minutes
Time on Market
Active Listed Jan 21, 2026 • MLS# 73470285 Copied!

About this home

Rare opportunity to acquire two adjacent, well-maintained multifamily properties being sold together, totaling nine units with a shared, oversized parking lot that provides off-street parking for all tenants. The portfolio features a desirable mix of two- and three-bedroom apartments, many of which have been recently renovated with modern finishes and updated interiors, offering comfortable and contemporary living spaces. Despite these improvements, current rents remain below market, creating an attractive and immediate value-add opportunity for investors through rent optimization.Located in Fall River, approximately 20 miles southeast of Providence and 50 miles south of Boston, the properties benefit from excellent regional connectivity via I-195, Route 24, and Route 79. The recent extension of the South Coast Rail, providing direct commuter service to Boston, has further enhanced the appeal and long-term marketability of these units, making this an especially compelling

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
24
Full Bathrooms
9
Living Area
9,402 sq ft
Total Rooms
45
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 9,402 sq ft
Lot Size 0.32 acres
Bedrooms 24
Full Baths 9
Total Rooms 45

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

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

Parking

Features Paved Drive, Off Street
Total Spaces 14

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,898
Assessed Value $1,301,100

Interior Features

Flooring:
Appliances:
Interior Features:
Windows: Insulated Windows
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
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:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 14
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

302-316 Hope Street, Fall River MA 02721

Fall River, MA 02721

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
C-
John J Doran School
0.1 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
East Gate Christian Academy
0.7 mi
Grades PK-12
Antioch School
1.0 mi
Grades PK-08
Holy Name School
1.6 mi
Grades PK-08
Holy Trinity School
1.6 mi
Grades PK-08
Espirito Santo School
1.8 mi
Grades PK-08
D
Henry Lord Community School
1.8 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
1.9 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
St. Michael School
1.9 mi
Grades PK-08
C
Atlantis Charter School
2.2 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
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.0 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
1.5 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
2.0 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
0.8 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
1.0 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
2.0 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
2.3 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
2.5 mi
Grades 09-12
Learn about these ratings

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,242
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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

Property Timeline

🏠
Listed for Sale
Jan 21, 2026
$1,825,000
Original listing
Agent: Adam Jaspon Office: Choose Boston, LLC

Price & Status History

Date Event Price Change
Jan 21, 2026 New Listing Added $1,825,000

Market Statistics

Time on Market
15 hours 18 minutes
Price per Sq Ft
$194

Tax History

Year Taxes Assessment
2025 $14,898 $1,301,100

Financial Details

Annual Property Tax
$14,898
Tax Year 2025
Assessed Value
$1,301,100

Listing Information

Listing Agent Adam Jaspon
Listing Office Choose Boston, LLC
Agent MLS ID CN227856
Office MLS ID AN7367
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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302-316 Hope Street, Fall River MA 02721 - Photo 1
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