Introducing a prime investment opportunity in the rapidly revitalizing city of Fall River! This multi-family gem, a 3-family home, is perfectly positioned to take advantage of the city's exciting transformation, with new development, restaurants, and cultural hotspots popping up all around. With the long-anticipated train to Boston on the horizon, Fall River is set to become one of the most accessible and desirable commuter cities in the region. Two of the three units offer spacious layouts, high ceilings, and abundant natural light. 3rd floor has an open concept layout. Looking to maximize rental income? This property is ideal for savvy investors. Located just minutes from downtown Fall River, you'll enjoy easy access to the waterfront, vibrant dining, and the cultural scene. With the city on the rise, your next investment could be this thriving multi-family home—don't miss out! Will not pass FHA/VA Loan.
Sold for $511,000
$511,000
474 William St, Fall River, MA 02721
6beds
2,808sqft
3 Family
Built in 1900
-- sqft lot
$551,900 Zestimate®
$182/sqft
$2,178 Estimated rent
Home value
$551,900
$497,000 - $618,000
$2,178/mo
Zestimate® history
Owner options
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$2,178/mo
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$2,178/mo
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$3,250/mo
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$3,250/mo
Est. payment
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List your homeWhat's special
Open concept layoutAbundant natural lightHigh ceilingsSpacious layouts
Zillow last checked:
Listing updated:
Listed by:
Bradford Thelin 508-817-1665,
Lamacchia Realty, Inc. 508-677-3629
Bought with:
Alvarino Barbosa
Keller Williams Coastal
Source: MLS PIN,MLS#: 73311453
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Space Heater, Electric
Cooling
- Individual, None
Appliances
- Included: Range, Refrigerator
Features
- Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Pantry, Slider, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
- Flooring: Carpet, Varies, Laminate, Hardwood, Tile
- Basement: Full,Partially Finished,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Patio
- Exterior features: Balcony/Deck, Balcony, Rain Gutters, Varies per Unit
- Has view: Yes
- View description: Water, Bay, Public Water View
- Has water view: Yes
- Water view: Bay,Public,Water
Lot
- Size: 3,511 Square Feet
- Features: Level
Details
- Parcel number: M:0I04 B:0000 L:0051,2827755
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered, Varies per Unit
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, Varies per Unit
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, Sidewalks
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $437,200
- Annual tax amount: $5,023
- Date on market: 1/4/2026
- Total actual rent: 3700
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2025 | Sold | $511,000+2.2%$182/sqft |
Source: MLS PIN #73311453 Report a problem | ||
| 11/20/2024 | Contingent | $500,000$178/sqft |
Source: MLS PIN #73311453 Report a problem | ||
| 11/11/2024 | Listed for sale | $500,000+566.7%$178/sqft |
Source: MLS PIN #73311453 Report a problem | ||
| 9/13/2000 | Sold | $75,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,243 +4.4% | $457,900 +4.7% |
| 2024 | $5,023 +14.1% | $437,200 +21.9% |
| 2023 | $4,401 +11.7% | $358,700 +14.9% |
| 2022 | $3,939 +5.2% | $312,100 +15.3% |
| 2021 | $3,744 +10.2% | $270,700 +15.1% |
| 2020 | $3,397 +15.8% | $235,100 +16.8% |
| 2019 | $2,933 -5.1% | $201,200 -4.8% |
| 2018 | $3,091 +6.3% | $211,400 +1.8% |
| 2017 | $2,908 +1.9% | $207,700 -0.8% |
| 2016 | $2,854 +4.2% | $209,400 |
| 2015 | $2,739 -0.4% | $209,400 -4.3% |
| 2014 | $2,751 +2.1% | $218,700 -3.1% |
| 2013 | $2,694 +3.7% | $225,800 -4.6% |
| 2012 | $2,599 +2.4% | $236,700 -15.7% |
| 2010 | $2,538 +8.3% | $280,800 -3.4% |
| 2009 | $2,343 +6.5% | $290,700 +1.3% |
| 2008 | $2,201 +6.8% | $286,900 |
| 2007 | $2,060 +20.2% | $286,900 +14.3% |
| 2006 | $1,714 +8.3% | $250,900 +20.7% |
| 2005 | $1,582 +20.6% | $207,900 +30.1% |
| 2004 | $1,312 +7.5% | $159,800 +40.2% |
| 2003 | $1,221 +8.8% | $114,000 |
| 2002 | $1,122 -5.2% | $114,000 +0.7% |
| 2000 | $1,184 +26.4% | $113,200 +10.9% |
| 1995 | $937 | $102,100 |
Find assessor info on the county website
Neighborhood: Sandy Beach
Nearby homes
- $--3 bd1 ba1.1k sqft474 William St #1, Fall River, MA 02721Off Market
- $665,0009 bd3 ba2.7k sqft460 William St, Fall River, MA 02721Sold
- $317,3003 bd1 ba1k sqft101 Grant St, Fall River, MA 02721Off Market
- $600,8009 bd2 ba3k sqft463 William St, Fall River, MA 02721Off Market
- $516,1002 bd1 ba700 sqft463 William St #2, Fall River, MA 02721Off Market
- $496,6003 bd2 ba1.2k sqft85 Grant St, Fall River, MA 02721Off Market
- $494,8004 bd2 ba2.9k sqft98 Grant St, Fall River, MA 02721Off Market
- $1,038,9001 bd1 ba-- sqft108 Grant St, Fall River, MA 02721Off Market
Nearby schools
GreatSchools rating
- 5/10John J Doran Community SchoolGrades: PK-8Distance: 0.2 mi
- 2/10B M C Durfee High SchoolGrades: 9-12Distance: 2.1 mi
- 2/10Matthew J Kuss Middle SchoolGrades: 6-8Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: John Doran
- Middle: John Doran
- High: Bmc Durfee
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$551,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$551,900
- Massachusetts
- Bristol County
- Fall River
- 02721
- Sandy Beach
- 474 William St
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Nearby neighborhoods
Nearby zip codes
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