117 Thomas St, Fall River MA 02723

Fall River, MA 02723
$739,900
Est. $4,426/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9
Beds
3
Baths
3,045
Sq Ft
$243
Price/Sq Ft
0.10
Acres
1900
Year Built
1
Garage Space
5 hours 10 minutes
Time on Market
For Sale Open House Listed Sep 16, 2026 • MLS# 73578688 Copied! • Updated Sep 17, 2026

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Open House Schedule

20
Sep
Sunday, September 20
2:00 PM - 3:30 PM EDT
19
Sep
Saturday, September 19
1:00 PM - 3:00 PM EDT

About this home

Exceptional three-family property offers a fantastic opportunity for both owner-occupants and investors. This well-maintained building features Each unit with 3 beds, 1 bath, large living room, dining room, Updated kitchens (2023) with granite countertop, New stoves for Unit 3 (2024) Unit 1&2 ( 2026), Remodel Bathrooms (2023), New Refrigerators for All units (2023), New Hardwood Floors throughout (2022), Updated Electrical (2019), Three New Gas Hot Water tank (2024), Separate utilities throughout, including three individual gas heating systems, three individual electrical meters, house meter, making ownership and management simple and efficient. Also offers Laundry hook-up for Coin-operated Washer & Dryer in the basement, Fenced yard with gardening area, off street parking and garage. Whether you’re looking to occupy one unit while generating rental income or add a solid multi-family asset to your portfolio, this property offers strong long-term value and excellent investment potential. Your Search is Over. Come on Down. Open House - SAT 09/19/26, 1:00-3:00PM & SUN 09/20/26 2:00-3:30PM

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 17, 2026
$739,900
Original listing
Agent: Ola Oladoja Office: Citipoint Realty Services, LLC

Tax History

Year Taxes Assessment
2026 $5,813 $506,400

Financial Details

Annual Property Tax
$5,813
Tax Year 2026
Assessed Value
$506,400

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,045 sq ft
Lot Size 0.10 acres
Stories 6
Bedrooms 9
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $1,850/mo · N
Unit 2 Rent $1,850/mo · Y
Unit 3 Rent $1,850/mo · N
Total Monthly Rent $5,550/mo
Gross Income $66,600
Net Operating Income $66,600
Cap Rate 9.00%
Heating Baseboard, Natural Gas, Space Heater
Cooling None
Flooring Tile, Hardwood
Appliances Range, Refrigerator, Range Hood
Fireplace None
Basement Full, Partially Finished
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,813
Assessed Value $506,400
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Units 1& 3 Are Tenant At Will. Unit 2 Lease Expire On 5/31/27. Unit 3 May Be Deliver Vacant At Closing Date. Pictures Previously Taken Before Current Tenants.
Exclusions Coin-Operated Washer & Dryer In The Basement.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
3,045 sq ft
Total Rooms
15
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Refrigerator, Range Hood
Interior Features: Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Partially Finished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Space Heater
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
School District
Fall River School District local
C-
School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
2.9% above state avg
E

Elementary Schools

3 schools
Espirito Santo School
0.3 mi
Grades PK-08
South Coast Autism Center
0.3 mi
Grades PK-01
C
Samuel Watson School
0.6 mi | #645 of 825 | Score: 38.5
Improved 125 spots from last year
-19.7 below state avg
321 students Very Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

3 schools
C-
Talbot Innovation School
0.5 mi | #309 of 352 | Score: 30.9
Dropped 25 spots from last year
-27.3 below state avg
595 students Very Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.9 mi | #294 of 352 | Score: 32.2
Improved 44 spots from last year
-26 below state avg
672 students Diverse
Rising School Diverse Student Body
Grades 06-08
D
Matthew J Kuss Middle School
2.4 mi | #334 of 352 | Score: 27.0
Improved 1 spots from last year
-31.2 below state avg
676 students Very Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C
Diman Regional Vocational Technical High School
0.7 mi | #249 of 346 | Score: 47.2
Dropped 88 spots from last year
-11 below state avg
1,479 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Attendance
Grades 09-12
F
Resiliency Preparatory Academy
1.3 mi | #393 of 346 | Score: 16.3
Same rank as last year
151 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.4 mi
Grades 06-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $484
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

117 Thomas St, Fall River MA 02723

Fall River, MA 02723

Listing Information

Listing Agent Ola Oladoja
Listing Office Citipoint Realty Services, LLC
Office Phone 781-584-3623
Agent MLS ID BB806179
Office MLS ID BB5711
Listing Data Updated Sep 17, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
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