For sale

Price cut: $100.9K (8/28)

$699,000

155 Rodman St, Fall River, MA 02721

6beds

3,115sqft

$4,715/mo

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1880

-- sqft lot

$687,800 Zestimate^®

$224/sqft

$-- HOA

What's special

Replacement windowsProfessionally sound-insulated commercial spaceThree off-street parking spaces

One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576

159 days
172
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas, Space Heater

Cooling

Window Unit(s)

Features

Flooring: Vinyl, Carpet, Hardwood
Has basement: No
Has fireplace: No

Interior area

Total structure area: 3,115
Total interior livable area: 3,115 sqft
Finished area above ground: 3,115

Property

Parking

Total spaces: 3
Parking features: Paved Drive, Off Street
Uncovered spaces: 3

Features

Patio & porch: Porch, Patio - Enclosed, Covered
Exterior features: Decorative Lighting, Fruit Trees
Pool features: Above Ground
Fencing: Fenced
Has view: Yes
View description: City View(s), City

Lot

Size: 3,724 Square Feet

Details

Additional structures: Gazebo
Parcel number: M:0I10 B:0000 L:0055,2828087
Zoning: CBD

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1880

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Location

Region: Fall River

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $308,700
Annual tax amount: $3,534
Date on market: 4/13/2026
Total actual rent: 8500

Estimated market value

$687,800

$653,000 - $722,000

$3,710/mo

Price history

Date	Event	Price
8/28/2026	Price change	$699,000-12.6%$224/sqft
Source: MLS PIN #73500571 Report a problem
5/8/2026	Price change	$799,900-7.5%$257/sqft
Source: MLS PIN #73500571 Report a problem
4/13/2026	Listed for sale	$865,000$278/sqft
Source: MLS PIN #73500571 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,423	$308,700 +3.6%
2024	$3,423	$297,900 +37.4%
2023	--	$216,800 +1.9%
2022	--	$212,700 +0.9%
2021	--	$210,700 +5.5%
2020	--	$199,700 -1.7%
2019	--	$203,100 +8.8%
2018	--	$186,700 -15.6%
2017	--	$221,200
2016	--	$221,200
2015	--	$221,200 -18.4%
2010	$2,451 +7.6%	$271,100 -4%
2009	$2,277	$282,500
2008	--	$282,500 -7.5%
2007	--	$305,300 +21.6%
2006	--	$251,000 +9.5%
2005	--	$229,200 +25.6%
2004	--	$182,500 +34.9%
2003	$1,449	$135,300
2002	--	$135,300 +5.8%
2000	--	$127,900 +6.9%
1995	--	$119,600