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523 Second Street, Fall River MA 02721

Fall River, MA 02721
$465,000
Est. $3,045/month
6
Beds
3
Baths
3,240
Sq Ft
$144
Price/Sq Ft
0.10
Acres
1900
Year Built
3 Family
Type
4 hours 41 minutes
Time on Market
Active Open House Listed Mar 19, 2026 • MLS# 73488933 Copied!

About this home

DIAMOND IN THE ROUGH - This 3-family property presents an opportunity for investors, contractors, or buyers looking to build equity through renovation. Offers over 3,200 sq ft of living area, separate utilities, off-street parking and newer roof. Lots of possibilities here. Conveniently located close to schools, shopping, commuter rail, and major highways. While the property does require work and is being sold "As Is" it offers the perfect chance to bring your vision and transform it into a high-performing asset. Due to its condition, it may not qualify for all types of financing, making it best suited for cash buyers or those utilizing renovation loans. Don’t miss the chance to unlock the full potential of this multi-family investment.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,240 sq ft
Total Rooms
15
Stories
3
Levels
3

Open House Schedule

21
Mar
Saturday, March 21
2:00 PM - 3:00 PM EDT
22
Mar
Sunday, March 22
2:00 PM - 3:00 PM EDT

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,240 sq ft
Lot Size 0.10 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Interior

Heating Baseboard, Natural Gas, Space Heater
Cooling None
Flooring Vinyl, Carpet, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Bulkhead, Unfinished
Laundry None
Features Living Room, Dining Room, Kitchen, Office/den

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Covered

Parking

Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 5

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $5,924
Assessed Value $516,000

Interior Features

Flooring: Vinyl, Carpet, Hardwood
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen, Office/Den
Windows:
Basement: Full, Bulkhead, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone, Other
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Space Heater
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch, Covered
Fencing:
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

523 Second 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
0.4 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
0.9 mi
Grades PK-12
Antioch School
1.1 mi
Grades PK-08
Holy Trinity School
1.4 mi
Grades PK-08
Espirito Santo School
1.5 mi
Grades PK-08
Holy Name School
1.6 mi
Grades PK-08
D
Henry Lord Community School
1.7 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
C
Atlantis Charter School
1.9 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
2.0 mi
Grades PK-08
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.1 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
1.6 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
1.8 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
0.5 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
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
1.1 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.8 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
2.2 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
2.4 mi
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $494
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

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Current 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

Property Timeline

🏠
Listed for Sale
Mar 19, 2026
$465,000
Original listing
Agent: The Roberta K Team Office: Berkshire Hathaway HomeServices Evolution Properties

Price & Status History

Date Event Price Change
Mar 19, 2026 New Listing Added $465,000 —

Market Statistics

Time on Market
4 hours 41 minutes
Price per Sq Ft
$144

Tax History

Year Taxes Assessment
2026 $5,924 $516,000

Financial Details

Annual Property Tax
$5,924
Tax Year 2026
Assessed Value
$516,000

Listing Information

Listing Agent The Roberta K Team
Listing Office Berkshire Hathaway HomeServices Evolution Properties
Agent MLS ID TM314032
Office MLS ID AN5657
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

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