Exceptional investment opportunity in Fall River! This well-maintained two-family property features two spacious 2-bedroom, 1-bath units, offering strong rental potential in a high-demand market. Currently generating $2000/month in gross rental income with one VACANT UNIT available, this is ideal for investors seeking immediate cash flow. Each unit offers functional layouts, comfortable living space, and solid rental appeal. Conveniently located near local amenities, highways, and area development, this property presents long-term upside and consistent demand. A turnkey income-producing asset with strong fundamentals in a growing market.
For sale
Price cut: $6K (9/8)
$469,000
283 5th St, Fall River, MA 02721
4beds
1,800sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$261/sqft
$-- HOA
What's special
Comfortable living spaceFunctional layouts
- 53 days
- 381
- 14
Zillow last checked:
Listing updated:
Listed by:
SRG Properties Group 781-789-2748,
Century 21 North East Homes 781-789-2748,
Ileana Montalvo 508-685-7156
Source: MLS PIN,MLS#: 73554952
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
Property
Parking
- Parking features: Paved Drive
- Has uncovered spaces: Yes
Details
- Foundation area: 0
- Parcel number: FALLM0I15B0000L0046
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Granite
Condition
- Year built: 1900
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $610,600
- Annual tax amount: $6,991
- Date on market: 7/25/2026
- Listing terms: Contract
- Exclusions: Any Tenant Owned Items.
- Total actual rent: 2000
Estimated market value
Not available
Estimated sales range
Not available
$2,281/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Price change | $469,000-1.3%$261/sqft |
Source: MLS PIN #73554952 Report a problem | ||
| 7/25/2026 | Listed for sale | $475,000$264/sqft |
Source: MLS PIN #73554952 Report a problem | ||
| 5/15/2026 | Listing removed | $475,000$264/sqft |
Source: MLS PIN #73504075 Report a problem | ||
| 4/20/2026 | Listed for sale | $475,000$264/sqft |
Source: MLS PIN #73504075 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,991 +7.2% | $610,600 +7.6% |
| 2024 | $6,522 -4.5% | $567,600 +2% |
| 2023 | $6,829 +11.8% | $556,600 +15% |
| 2022 | $6,109 +12.6% | $484,100 +23.4% |
| 2021 | $5,427 +13.8% | $392,400 +18.9% |
| 2020 | $4,767 +12.7% | $329,900 +13.8% |
| 2019 | $4,228 +3.9% | $290,000 +4.2% |
| 2018 | $4,069 +6.2% | $278,300 +1.7% |
| 2017 | $3,832 -1.6% | $273,700 -4.2% |
| 2016 | $3,894 +5.5% | $285,700 +1.3% |
| 2015 | $3,690 -5.3% | $282,100 -8.9% |
| 2014 | $3,897 +3.6% | $309,800 -1.7% |
| 2013 | $3,762 +7.3% | $315,300 -1.3% |
| 2012 | $3,506 +7.8% | $319,300 -11.3% |
| 2010 | $3,253 +1.1% | $359,900 -9.8% |
| 2009 | $3,218 -5.7% | $399,200 -10.3% |
| 2008 | $3,412 +20.7% | $444,900 +12.9% |
| 2007 | $2,828 +14.5% | $393,900 +8.9% |
| 2006 | $2,470 +11.8% | $361,700 +24.6% |
| 2005 | $2,210 +31.5% | $290,400 +41.8% |
| 2004 | $1,681 +8.9% | $204,800 +42% |
| 2003 | $1,544 +8.8% | $144,200 |
| 2002 | $1,419 -8.4% | $144,200 -2.6% |
| 2000 | $1,549 +16.4% | $148,100 +2.1% |
| 1995 | $1,331 | $145,000 |
Find assessor info on the county website
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