123 Multi Family Way, Fall River MA 02724
Fall River, MA 02724
$1,100,000
Est. $6,602/month
About this home
Rare mixed-use investment opportunity on a high-visibility corner lot. Property features 7 residential units: six 2-bedroom apartments plus a private studio in a separate rear structure. Strong income potential with a busy corner retail storefront and an additional rented office space. Excellent exposure for commercial tenants with steady traffic. Large corner lot offers potential for curb cut and off-street parking (buyer to perform due diligence). Ideal for investors seeking diversified income streams. Private showings only
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Apr 8, 2026
$1,100,000
Original listing
Agent: Jade Garcia
Office: revolv Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/08/2026 | 🏠 Listed for Sale | $1,100,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,083 | $880,600 |
Financial Details
Annual Property Tax
$10,083
Tax Year 2025
Assessed Value
$880,600
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
7,819 sq ft
Lot Size
0.15 acres
Total Rooms
21
Investment Metrics
Units
7
Unit 1 Rent
$1,100/mo · N
Unit 2 Rent
$1,100/mo · N
Unit 3 Rent
$1,100/mo · N
Total Monthly Rent
$3,300/mo
Gross Income
$39,600
Net Operating Income
$39,600
Cap Rate
3.60%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,083
Assessed Value
$880,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Sellers And Sellers Agents Make No Guarantees Buyers And Buyers Agents To Do Due Diligence
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
43 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Living Area
7,819 sq ft
Total Rooms
21
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
0 sq ft above grade
7,819 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
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
Elementary Schools
3 schools
C
Carlton M. Viveiros Elementary School
0.2 mi
|
#653 of 824
|
Score: 38.2
Improved 122 spots from last year
-20 below state avg
712 students
Diverse
Rising School
Diverse Student Body
Grades K-05
East Gate Christian Academy
0.5 mi
Grades PK-12
C-
John J Doran School
1.0 mi
|
#301 of 352
|
Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
Middle Schools
3 schools
D
Matthew J Kuss Middle School
0.4 mi
|
#336 of 352
|
Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students
Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
2.4 mi
|
#299 of 352
|
Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
2.6 mi
|
#309 of 352
|
Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
3 schools
C+
Argosy Collegiate Charter School
0.7 mi
|
#244 of 346
|
Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students
Diverse
7 sports
• 126 athletes
Early College Program
College Ready Curriculum
Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
1.7 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.9 mi
Grades 06-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$840
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
123 Multi Family Way, Fall River MA 02724
Fall River, MA 02724
Listing Information
Listing Agent
Jade Garcia
Listing Office
revolv Real Estate
Office Phone
508-644-8995
Agent MLS ID
CN253230
Office MLS ID
AN0604
Listing Data Updated
May 21, 2026 7:49 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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