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For sale
  • $639,999

    199 Franklin St, Fall River, MA 02720

    9beds
    3,115sqft
    : 
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    3 Family
    Built in 1900
    -- sqft lot
    $635,200 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.
    5 days
    |
    468
    |
    33
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mission Impossible Team 781-629-2258,

    United Brokers 781-629-2258,

    Kevin Ochoa 857-753-7184

    Source: MLS PIN,MLS#: 73539673

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Flooring: Hardwood
      • Basement: Full,Unfinished
      • 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: 7
      • Parking features: Paved Drive, Off Street, Paved
      • Uncovered spaces: 7
      Lot
      • Size: 4,992 Square Feet
      Details
      • Parcel number: M:0N04 B:0000 L:0007,2833138
      • Zoning: N/A

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 3 Family
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Highway Access
      Location
      • Region: Fall River

      Financial & listing details

      • Price per square foot: $205/sqft
      • Tax assessed value: $517,800
      • Annual tax amount: $5,929
      • Date on market: 6/22/2026
      • Total actual rent: 4700
      • Road surface type: Paved

        Estimated market value

        $635,200

        $603,000 - $667,000

        $1,717/mo

        Price history

        DateEventPrice
        6/22/2026Listed for sale$639,999+58.8%$205/sqft
        Source: MLS PIN #73539673 Report a problem
        9/10/2021Sold$403,000+0.8%$129/sqft
        Source: MLS PIN #72850548 Report a problem
        8/2/2021Pending sale$399,900$128/sqft
        Source: MLS PIN #72850548 Report a problem
        7/4/2021Listed for sale$399,900$128/sqft
        Source: MLS PIN #72850548 Report a problem
        6/26/2021Pending sale$399,900$128/sqft
        Source: MLS PIN #72850548 Report a problem
        6/16/2021Listed for sale$399,900$128/sqft
        Source: MLS PIN #72850548 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,929 +4.6%$517,800 +4.9%
        2024$5,670 +12.8%$493,500 +20.5%
        2023$5,026 +13.7%$409,600 +16.9%
        2022$4,421 +6.4%$350,300 +16.6%
        2021$4,156 +11.9%$300,500 +16.9%
        2020$3,714 +17.6%$257,000 +18.7%
        2019$3,158 +7.6%$216,600 +7.9%
        2018$2,934 +3.6%$200,700 -0.8%
        2017$2,832 +2.6%$202,300 0%
        2016$2,759 +5.8%$202,400 +1.6%
        2015$2,607 -3.7%$199,300 -7.4%
        2014$2,708 +3.6%$215,300 -1.8%
        2013$2,615 +6.3%$219,200 -2.2%
        2012$2,461 +4.9%$224,100 -13.6%
        2010$2,345 +1.2%$259,400 -9.8%
        2009$2,318 -3.4%$287,600 -8.1%
        2008$2,400 +12.5%$312,900 +5.3%
        2007$2,133 +13.1%$297,100 +7.6%
        2006$1,886 +0.4%$276,100 +11.9%
        2005$1,878 +17.4%$246,800 +26.6%
        2004$1,600 +8.4%$194,900 +41.4%
        2003$1,476 +8.8%$137,800
        2002$1,356 -2.4%$137,800 +3.7%
        2000$1,390 +22.8%$132,900 +7.8%
        1995$1,132 $123,300

        Find assessor info on the county website

        Monthly payment

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          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Bank Street

          Getting around

          93 / 100
          Walker's Paradise
          52 / 100
          Good Transit
          59 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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