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For sale
    • Price cut: $5K (3/31)
    $689,999

    248-250 Jefferson St, Fall River, MA 02721

    6beds
    4,266sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Formal dining roomHardwood floorsThree generously sized bedrooms
    Don’t miss this exceptional mixed-use investment opportunity in the heart of Fall River! This well-maintained property features a street-level commercial space with a long-term lease in place, plus two spacious residential units above. Unit 3 can be delivered vacant, offering flexibility for an owner-occupant or added leasing potential. Each residential unit includes 3 generously sized bedrooms, a large living room, formal dining room, and an updated kitchen with granite countertops. HW floors add warmth and charm throughout. Recent improvements include a new electrical panel, new hot water heaters for the 1st and 3rd units, and a new furnace. Conveniently located less than half a mile from the highway and within walking distance to shops, restaurants, and public transportation. Situated near the Taunton River and a short drive to the ocean and Newport. Off-street parking for 5 vehicles—a rare city find. Ideal for investors or owner-occupants seeking flexibility and long-term value.
    134 days
    |
    286
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Eaton 508-944-8161,

    ALANTE Real Estate 855-450-0442

    Source: MLS PIN,MLS#: 73476887

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas, Ductless
      Cooling
      • Ductless, None
      Appliances
      • Included: Range, Refrigerator, Freezer
      Features
      • Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
      • Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 4,266
      • Total interior livable area: 4,266 sqft
      • Finished area above ground: 4,266

      Property

      Parking
      • Total spaces: 5
      • Uncovered spaces: 5
      Lot
      • Size: 3,306 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: M:0F04 B:0000 L:0016
      • Zoning: CMD

      Construction

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

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Electric Range, for Electric Oven

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship
      Location
      • Region: Fall River

      Financial & listing details

      • Price per square foot: $162/sqft
      • Tax assessed value: $617,400
      • Annual tax amount: $7,069
      • Date on market: 2/12/2026
      • Exclusions: Washer And Dryer
      • Total actual rent: 5500

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/31/2026Price change$689,999-0.7%$162/sqft
        Source: MLS PIN #73476887 Report a problem
        2/12/2026Listed for sale$694,999$163/sqft
        Source: MLS PIN #73476887 Report a problem
        2/6/2026Listing removed$694,999$163/sqft
        Source: MLS PIN #73416610 Report a problem
        1/28/2026Price change$694,999-0.7%$163/sqft
        Source: MLS PIN #73416610 Report a problem
        9/12/2025Price change$699,999-2.8%$164/sqft
        Source: MLS PIN #73416610 Report a problem
        8/12/2025Listed for sale$720,000$169/sqft
        Source: MLS PIN #73416610 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          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: 02721

          Getting around

          62 / 100
          Somewhat Walkable
          34 / 100
          Some Transit
          62 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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