155 Rodman St, Fall River MA 02721

Fall River, MA 02721
$865,000
$699,000
Est. $4,029/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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6
Beds
4.5
Baths
3,115
Sq Ft
$224
Price/Sq Ft
0.09
Acres
1880
Year Built
3
Parking
162
Days on Market
For Sale Price Drop -$166,000 Listed Apr 13, 2026 • MLS# 73500571 Copied! • Updated Sep 1, 2026

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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

2
Price Changes
19.2%
Price Range

Property Timeline

Price Reduced
Aug 28, 2026
$699,000 $100,900 (-12.61%)
From $799,900 to $699,000 (-12.6%)
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

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
Stories 7
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 13.02%
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
Construction Frame
Architecture None
Roof Shingle
Features Decorative Lighting, Fruit Trees
Pool Above Ground
Spa None
Fencing Fenced
Patio/Porch Porch, Patio - Enclosed, Covered
Features Paved Drive, Off Street
Total Spaces 3
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,535
Assessed Value $308,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
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) 143 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

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 information not available for this location.

Monthly Payment Calculator

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Loan Amount
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After down payment
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Over life of loan
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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 $295
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

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Current Rate
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+0.5% Rate
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Cost $0/mo

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

155 Rodman St, Fall River MA 02721

Fall River, MA 02721

Listing Information

Listing Agent Gilded Girls Group
Listing Office Beach Homes Realty, LLC
Office Phone 833-582-3224
Agent MLS ID TM357461
Office MLS ID AN8960
Listing Data Updated Sep 1, 2026 3:09 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
Steve Novak Real Estate
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