155 Rodman St, Fall River MA 02721
Fall River, MA 02721
$865,000
$799,900
Est. $4,539/month
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About this home
One of Fall River's iconic buildings! You know it from the 1st picture. Rare mixed-use investment opportunity offering the stability of four residential units complemented by an additional commercial income stream. Gross scheduled income totals approximately $102,000 annually with an estimated cap rate approaching 9% at the current asking price. The property features four residential apartments generating approximately $7,000 per month plus a commercial suite contributing an additional $1,500 monthly. Originally rebuilt in 1991 following a prior fire, recent improvements include a roof replacement in 2021. Additional highlights include three off-street parking spaces, public utilities, replacement windows, and a professionally sound-insulated commercial space suitable for a variety of uses. Ideal for investors seeking diversified cash flow or owner. Please see MLS #: 73500576
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
7.5%
Price Range
Property Timeline
Price Reduced
May 8, 2026
$799,900
$65,100
(-7.53%)
From $865,000 to $799,900 (-7.5%)
Listed for Sale
Apr 13, 2026
$865,000
Original listing
Agent: Gilded Girls Group
Office: Beach Homes Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/08/2026 | ↓ Price Reduced | $799,900 | $65,100 | - | From $865,000 to $799,900 (-7.5%) |
| 04/13/2026 | 🏠 Listed for Sale | $865,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $3,535 | $308,700 |
Financial Details
Annual Property Tax
$3,535
Tax Year 2025
Assessed Value
$308,700
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1880
Living Area
3,115 sq ft
Lot Size
0.09 acres
Bedrooms
6
Full Baths
4
Half Baths
1
Total Rooms
26
Investment Metrics
Units
5
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
$1,500/mo · N
Unit 3 Rent
$2,000/mo
Unit 4 Rent
$2,000/mo
Total Monthly Rent
$7,000/mo
Gross Income
$102,000
Net Operating Income
$91,000
Cap Rate
11.38%
Interior
Heating
Forced Air, Natural Gas, Space Heater
Cooling
Window Unit(s)
Flooring
Vinyl, Carpet, Hardwood
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Decorative Lighting, Fruit Trees
Pool
Above Ground
Spa
None
Fencing
Fenced
Patio/Porch
Porch, Patio - Enclosed, Covered
Parking
Features
Paved Drive, Off Street
Total Spaces
3
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,535
Assessed Value
$308,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Cream
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
63 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,115 sq ft
Total Rooms
26
Stories
7
Levels
7
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,115 sq ft above grade
Display Options
Outdoor Areas
PoolAbove Ground
Patio & porchPorch, Patio - Enclosed, Covered
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:
Vinyl, Carpet, Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
7
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas, Space Heater
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Decorative Lighting, Fruit Trees
Patio & Porch:
Porch, Patio - Enclosed, Covered
Fencing:
Fenced
Other Structures:
Gazebo
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street
Special Features
View:
Yes
View Type:
City View(s), City
Community Amenities:
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, 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
C-
John J Doran School
0.5 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
Antioch School
0.9 mi
Grades PK-08
East Gate Christian Academy
1.1 mi
Grades PK-12
Espirito Santo School
1.4 mi
Grades PK-08
Holy Name School
1.4 mi
Grades PK-08
Holy Trinity School
1.5 mi
Grades PK-08
D
Henry Lord Community School
1.8 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
St. Michael School
1.9 mi
Grades PK-08
C
Atlantis Charter School
2.0 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
D
Stone PK-12 School
2.0 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
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-
Morton Middle School
1.4 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
1.6 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
6 schools
F
Resiliency Preparatory Academy
0.6 mi
|
#393 of 346
|
Score: 16.3
Same rank as last year
171 students
Very Diverse
Diverse Student Body
Grades 07-12
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
Fall River Deaconess Home School
0.9 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.7 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
2.0 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
2.2 mi
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$295
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
155 Rodman St, Fall River MA 02721
Fall River, MA 02721
Listing Information
Agent MLS ID
TM357461
Office MLS ID
AN8960
Listing Data Updated
Jun 15, 2026 11:12 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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