Fantastic Three-Family Opportunity in Fall River’s Highlands! This spacious multifamily offers a great opportunity for investors or owner-occupants, complete with two off-street parking spaces. The first-floor unit has been tastefully renovated, featuring a brand-new bathroom gutted to the studs, freshly sanded hardwood floors, new LVP flooring in the living room, kitchen and bathroom, and some new windows. Additional improvements include a new hot water heater and some updated electrical. A walkout basement offers exciting potential for future expansion, subject to proper approvals. With three units, recent updates, parking, and room to add value, this is a great opportunity to build equity and generate rental income in a desirable Highlands location.
Pending
Price cut: $50K (9/10)
$699,999
631 Walnut St, Fall River, MA 02720
12beds
2,833sqft
3 Family - 3 Units Up/Down
Built in 1900
-- sqft lot
$697,200 Zestimate®
$247/sqft
$-- HOA
What's special
New windowsBrand-new bathroomFreshly sanded hardwood floorsNew hot water heaterTwo off-street parking spaces
- 26 days
- 492
- 25
Zillow last checked:
Listing updated:
Listed by:
Chelsea McLaughlin 508-369-3979,
RE/MAX Legacy 508-946-1661,
Kade Phillips 617-712-5582
Source: MLS PIN,MLS#: 73569765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Electric
Appliances
- Included: Range, Refrigerator, Range Hood
Features
- Living Room, Living RM/Dining RM Combo, Kitchen
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,833
- Total interior livable area: 2,833 sqft
- Finished area above ground: 2,833
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Paved
- Uncovered spaces: 2
Features
- Patio & porch: Porch
- Fencing: Fenced/Enclosed
Lot
- Size: 2,613 Square Feet
- Features: Corner Lot
Details
- Parcel number: 2832789
- Zoning: A-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $469,500
- Annual tax amount: $5,390
- Date on market: 9/4/2026
- Total actual rent: 7000
- Road surface type: Paved
Estimated market value
$697,200
$662,000 - $732,000
$1,660/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Pending sale | $699,999$247/sqft |
Source: MLS PIN #73569765 Report a problem | ||
| 9/20/2026 | Contingent | $699,999$247/sqft |
Source: MLS PIN #73569765 Report a problem | ||
| 9/10/2026 | Price change | $699,999-6.7%$247/sqft |
Source: MLS PIN #73569765 Report a problem | ||
| 8/29/2026 | Listed for sale | $749,999+28.2%$265/sqft |
Source: MLS PIN #73569765 Report a problem | ||
| 3/31/2026 | Sold | $585,000+3.5%$206/sqft |
Source: MLS PIN #73471471 Report a problem | ||
| 1/24/2026 | Listed for sale | $565,000+24.2%$199/sqft |
Source: MLS PIN #73471471 Report a problem | ||
| 12/22/2023 | Sold | $455,000+14%$161/sqft |
Source: MLS PIN #73181990 Report a problem | ||
| 11/21/2023 | Listed for sale | $399,000$141/sqft |
Source: MLS PIN #73181990 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,045 -3% | $440,600 -2.6% |
| 2024 | $5,199 +12% | $452,500 +19.6% |
| 2023 | $4,641 +12.3% | $378,200 +15.6% |
| 2022 | $4,131 +8.6% | $327,300 +19% |
| 2021 | $3,803 +11.3% | $275,000 +16.3% |
| 2020 | $3,417 +12.1% | $236,500 +13.1% |
| 2019 | $3,049 +5.8% | $209,100 +6% |
| 2018 | $2,883 +4.4% | $197,200 |
| 2017 | $2,761 +2.7% | $197,200 |
| 2016 | $2,688 +4.2% | $197,200 |
| 2015 | $2,579 -1.1% | $197,200 -4.9% |
| 2014 | $2,609 +3% | $207,400 -2.3% |
| 2013 | $2,532 +6.6% | $212,200 -1.9% |
| 2012 | $2,376 +1.4% | $216,400 -16.5% |
| 2010 | $2,344 +4.9% | $259,300 -6.5% |
| 2009 | $2,235 -3.2% | $277,300 -7.9% |
| 2008 | $2,310 +8.4% | $301,200 +1.5% |
| 2007 | $2,131 +9.2% | $296,800 +3.9% |
| 2006 | $1,951 +1.3% | $285,700 +12.9% |
| 2005 | $1,926 +17% | $253,100 +26.2% |
| 2004 | $1,646 +3.7% | $200,500 +35.3% |
| 2003 | $1,587 +8.8% | $148,200 |
| 2002 | $1,458 +3.6% | $148,200 +10.1% |
| 2000 | $1,408 +30.7% | $134,600 +14.7% |
| 1995 | $1,077 | $117,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Bank Street
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