131 Foster St, Fall River MA 02721
Fall River, MA 02721
$469,000
Est. $2,919/month
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Open House Schedule
23
Aug
Sunday, August 23
2:00 PM - 3:30 PM EDT
20
Aug
Thursday, August 20
4:30 PM - 6:00 PM EDT
About this home
Opportunity awaits with this versatile, clean, well maintained 2-family home in Fall River, offering a great setup for an owner-occupant looking to offset expenses with rental income, an investor, or those seeking multi-generational living. The first-floor unit offers a cozy 1-bedroom layout featuring a fully remodeled eat-in kitchen and bathroom, in-unit laundry, updated electrical, and the comfort of central heat and air conditioning. The spacious second unit spans two levels. The main level features an open living room with a wood stove, half bath, kitchen, and dining room with sliders leading to the deck. A ductless mini-split was added to this level in 2022 for additional heating and cooling comfort. Upstairs, you'll find three bedrooms and a full bathroom, providing plenty of room to spread out. Unit 2 also has access to laundry in the basement. With two distinct living spaces and flexible options for how you use them, this property offers an excellent opportunity to make homeownership work for you! Convenient access to public transportation, Routes 24 and I-195, plus the Fall River MBTA Commuter Rail offering direct service to Boston.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 19, 2026
$469,000
Original listing
Agent: Stacy DiPhillipo
Office: EXIT New Options Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/19/2026 | 🏠 Listed for Sale | $469,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,164 | $362,700 |
Financial Details
Annual Property Tax
$4,164
Tax Year 2026
Assessed Value
$362,700
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1922
Living Area
1,692 sq ft
Lot Size
0.07 acres
Stories
3
Bedrooms
4
Full Baths
2
Half Baths
1
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$700/mo · Y
Unit 2 Rent
— · N
Total Monthly Rent
$700/mo
Gross Income
$8,400
Net Operating Income
$8,400
Cap Rate
1.79%
Interior
Heating
Central, Natural Gas, Unit Control, Electric, Wood Stove, Ductless
Cooling
Central Air, Window Unit(s), Ductless
Flooring
Tile, Vinyl / Vct, Carpet, Hardwood
Appliances
Range, Disposal, Microwave, Refrigerator, Freezer, Washer/dryer
Fireplace
Wood Burning
Fireplaces
1
Basement
Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry
Washer & Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Pantry, Bathroom With Shower Stall, Internet Available - Broadband, Ceiling Fan(s), Bathroom With Tub & Shower, Slider, Living Room, Kitchen, Laundry Room, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony/deck, Rain Gutters
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Porch, Deck, Deck - Wood
Parking
Features
Paved Drive, Off Street, Tandem, Paved
Total Spaces
6
Utilities
Electric
Circuit Breakers, 100 Amp Service, 200+ Amp Service, Varies Per Unit
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, For Gas Dryer, For Electric Dryer, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$4,164
Assessed Value
$362,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Audio/video Recording Devices On Premises. Sale Subject To Suitable Housing. Unit 2 Delivered Vacant. Unit 1 Leased Below Market Through 2/28/27; May Vacate Sooner. Security Systems Not Connected. Water Heater Is Leased. Buyer/buyer Agent To Verify All Information And Perform Due Diligence
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Beige
Sq Ft Source
Measured
Sq Ft Disclosures
Living area and measurements are approximate. Buyer/buyer’s agent to verify.
Documents
None
County
Bristol
Total market time (incl. prior listings)
1 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1922
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,692 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,692 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck, Deck - Wood
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:
Tile, Vinyl / VCT, Carpet, Hardwood
Appliances:
Range, Disposal, Microwave, Refrigerator, Freezer, Washer/Dryer
Interior Features:
Pantry, Bathroom with Shower Stall, Internet Available - Broadband, Ceiling Fan(s), Bathroom With Tub & Shower, Slider, Living Room, Kitchen, Laundry Room, Dining Room
Windows:
Insulated Windows
Basement:
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry:
Washer & Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Security System
Construction & Materials
Year Built:
1922
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Central, Natural Gas, Unit Control, Electric, Wood Stove, Ductless
Heating Zones:
8
Cooling:
Central Air, Window Unit(s), Ductless
Cooling Zones:
3
Hot Water:
Natural Gas, Tank, Leased Heater
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Rain Gutters
Patio & Porch:
Porch, Deck, Deck - Wood
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Shed(s)
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Tandem, Paved
Special Features
Fireplaces:
1
Fireplace Type:
Wood Burning
Community Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
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
10 schools
Holy Trinity School
0.9 mi
Grades PK-08
C-
John J Doran School
0.9 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
East Gate Christian Academy
1.1 mi
Grades PK-12
D
Henry Lord Community School
1.3 mi
|
#321 of 352
|
Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students
Diverse
Diverse Student Body
Grades PK-08
Espirito Santo School
1.3 mi
Grades PK-08
C
Atlantis Charter School
1.4 mi
|
#246 of 346
|
Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students
Diverse
Rising School
College Ready Curriculum
Grades K-12
Antioch School
1.5 mi
Grades PK-08
D
Stone PK-12 School
1.6 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
Holy Name School
1.9 mi
Grades PK-08
St. Michael School
2.5 mi
Grades PK-08
Middle Schools
3 schools
D
Matthew J Kuss Middle School
1.3 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-
Talbot Innovation School
1.7 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
C-
Morton Middle School
2.0 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
High Schools
6 schools
C+
Argosy Collegiate Charter School
0.2 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
1.2 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
1.5 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.9 mi
|
#242 of 346
|
Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students
Moderate
13 sports
• 1,408 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
C+
B.M.C. Durfee High School
2.5 mi
|
#225 of 346
|
Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students
Diverse
18 sports
• 1,452 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
Bishop Connolly High School
2.6 mi
Grades 09-12
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Location
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Neighborhood
131 Foster St, Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Agent
Stacy Pacheco
Listing Office
EXIT New Options Real Estate
Office Phone
978-345-3948
Agent MLS ID
CN203768
Office MLS ID
H95173
Listing Data Updated
Aug 19, 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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