For sale

$995,000

517 S Main St, Fall River, MA 02721

18beds

5,080sqft

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5+ Family - Rooming House

Built in 1900

-- sqft lot

$967,500 Zestimate^®

$196/sqft

$-- HOA

What's special

Welcome to 517 South Main Street just steps from downtown, this three-story rooming house offers immediate access to all city amenities and consistent demand from local renters. The property features 18 rentable units, each pre-furnished, creating a turnkey setup for steady occupancy and streamlined management. Each floor includes a community bathroom, while several units offer enhanced private features: 4 units with full bathrooms, 9 rooms with private showers, 4 units equipped with kitchenettes, and every unit includes its own sink. Rents, appliances, and layouts vary by unit, allowing for flexible pricing strategies and value-add potential. The building is clean, well-maintained, and benefits from strong tenant continuity, making it an attractive option for investors seeking reliable cash flow.

7 days

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 8
Full bathrooms: 6
1/2 bathrooms: 2

Features

Flooring: Varies
Basement: Full,Interior Entry,Bulkhead,Unfinished
Has fireplace: No

Interior area

Total structure area: 5,080
Total interior livable area: 5,080 sqft
Finished area above ground: 5,080

Property

Parking

Total spaces: 1
Parking features: Paved Drive, Off Street, Driveway
Uncovered spaces: 1

Features

Patio & porch: Porch
Has view: Yes
View description: City View(s)

Lot

Size: 4,591 Square Feet
Features: Level

Details

Parcel number: M:0I07 B:0000 L:0045,2827885
Zoning: B-B

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - Rooming House

Materials

Frame
Foundation: Granite, Irregular
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, 200+ Amp Service, Common
Sewer: Public Sewer
Water: Public
Utilities for property: Varies per Unit

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks

Location

Region: Fall River

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $467,400
Annual tax amount: $5,351
Date on market: 6/5/2026
Exclusions: Tenants Belongings
Total actual rent: 0
Road surface type: Paved

Estimated market value

$967,500

$919,000 - $1.02M

$1,823/mo

Price history

Date	Event	Price
6/10/2026	Listed for sale	$995,000+48.5%$196/sqft
Source: MLS PIN #73533942 Report a problem
12/11/2015	Sold	$670,000-4.1%$132/sqft
Source: Public Record Report a problem
7/1/2015	Listing removed	$699,000$138/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
1/26/2015	Price change	$699,000+2.8%$138/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
12/8/2014	Price change	$680,000-0.7%$134/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
12/1/2014	Price change	$685,000-0.6%$135/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
11/11/2014	Price change	$689,000-1.4%$136/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
10/15/2014	Price change	$699,000-5.9%$138/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
10/13/2014	Price change	$743,000-0.1%$146/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
10/6/2014	Price change	$744,000-0.1%$146/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
9/25/2014	Price change	$745,000-0.1%$147/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
9/1/2014	Price change	$746,000-0.2%$147/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
8/16/2014	Price change	$747,500-0.2%$147/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
8/6/2014	Price change	$749,000-0.1%$147/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
7/22/2014	Listed for sale	$749,900+7.3%$148/sqft
Source: Highland Real Estate Group Ltd #71717535 Report a problem
10/3/2005	Sold	$699,000$138/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,901 +0.7%	$428,000 +1%
2024	$4,867 +6.4%	$423,600 +13.6%
2023	$4,575 -1.6%	$372,900 +1.2%
2022	$4,650 -7.4%	$368,500 +1.4%
2021	$5,024 0%	$363,300 +4.5%
2020	$5,026	$347,800 +0.9%
2019	$5,026 -4.9%	$344,700 -4.6%
2018	$5,285 +5.6%	$361,500 +1.1%
2017	$5,004 +1.2%	$357,400 -1.5%
2016	$4,944 -16.2%	$362,700 -19.6%
2015	$5,899 +4.6%	$451,000 +0.6%
2014	$5,641 +4.2%	$448,400 -1.2%
2013	$5,415 +6.8%	$453,900 -1.7%
2012	$5,072 +15.6%	$461,900 -4.8%
2010	$4,386 +10.9%	$485,200 -1.1%
2009	$3,956 -1.2%	$490,800 -6%
2008	$4,005 -3.6%	$522,100 -9.7%
2007	$4,154 +58.1%	$578,500 +50.3%
2006	$2,628 +2.6%	$384,800 +14.4%
2005	$2,561 +13.9%	$336,500 +22.9%
2004	$2,249 +30.4%	$273,900 +70%
2003	$1,725 +8.8%	$161,100
2002	$1,585 -5.9%	$161,100
2000	$1,685 +18.8%	$161,100 +4.3%
1995	$1,418	$154,500

Find assessor info on the county website

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