229 Tripp Street, Fall River MA 02724
Fall River, MA 02724
$975,000
Est. $5,910/month
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About this home
Fully occupied 6 family (3 story) property located in the South End of Fall River minutes from the Rhode Island state line. This property offers 2 bedroom units with 6 assigned off street parking spots, and a decent size fenced in yard bringing in appx $86K a year in rents. This building is well maintained and consists of 4968 square feet of living space on a .14 acre lot. Many updates have been completed since 2019 including: remodeled bathrooms, new flooring, appliances and a new heating/cooling split system on unit 3S. Building offers separate electric & gas meters, and lead paint certificates adding to convenience. This property is conveniently located to everyday necessities including easy highway access and a short drive to Fall River Depot Station (MBTA). 229 Tripp Street offers a unique opportunity for a compelling investment portfolio expansion. 1N is on a lease, all remaining units are TAW. Property has a solid rental history and hold excellent cash flow with potential of rent increases. More photos to follow.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 18, 2026
$975,000
Original listing
Agent: Mario Pereira
Office: eXp Realty LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/18/2026 | 🏠 Listed for Sale | $975,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,354 | $814,800 |
Financial Details
Annual Property Tax
$9,354
Tax Year 2026
Assessed Value
$814,800
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
4,968 sq ft
Lot Size
0.14 acres
Stories
5
Bedrooms
12
Full Baths
6
Total Rooms
24
Investment Metrics
Units
6
Unit 1 Rent
$1,500/mo · Y
Unit 2 Rent
$1,575/mo · N
Unit 3 Rent
$1,300/mo
Unit 4 Rent
$1,450/mo · N
Total Monthly Rent
$5,825/mo
Gross Income
$85,500
Net Operating Income
$85,500
Cap Rate
8.77%
Interior
Heating
Natural Gas
Cooling
None
Flooring
Vinyl, Carpet
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch
Parking
Features
Off Street
Total Spaces
6
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$9,354
Assessed Value
$814,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Property Is Located At The End Of A Dead End Street. There Is A Local Cement Plant At The Entrance Of The Dead End. All Stoves, Refrigerators, Coin Operated Laundry, And Surveillance Security System Belong To Sellers And Will Go With Sale Of Property In As Is Condition.
Additional Details
Possession
None
Accepted Financing
Lender Approval Required
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
12
Full Bathrooms
6
Living Area
4,968 sq ft
Total Rooms
24
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,968 sq ft above grade
1,656 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
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
Appliances:
Range, Refrigerator
Interior Features:
Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower, Living Room, Kitchen
Windows:
Storm Window(s)
Basement:
Full
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Security System
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Hot Water:
Leased Heater
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Fenced
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Off Street
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
D
Stone PK-12 School
0.6 mi
|
#370 of 346
|
Score: 35.9
Same rank as last year
56 students
Diverse
Diverse Student Body
Grades K-12
D
Henry Lord Community School
0.7 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
East Gate Christian Academy
1.0 mi
Grades PK-12
Holy Trinity School
1.0 mi
Grades PK-08
C-
John J Doran School
1.4 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
C
Atlantis Charter School
1.7 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
Espirito Santo School
2.2 mi
Grades PK-08
Antioch School
2.3 mi
Grades PK-08
Holy Name School
2.8 mi
Grades PK-08
St. Michael School
3.3 mi
Grades PK-08
Middle Schools
3 schools
D
Matthew J Kuss Middle School
0.9 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
2.7 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
2.8 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
0.8 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
2.0 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
2.3 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
2.9 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
3.4 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
3.6 mi
Grades 09-12
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95% Interest
Year 15
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Location
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Neighborhood
229 Tripp Street, Fall River MA 02724
Fall River, MA 02724
Listing Information
Listing Agent
Mario Pereira
Listing Office
eXp Realty LLC
Office Phone
888-854-7493
Agent MLS ID
CT008183
Office MLS ID
AN4389
Listing Data Updated
Aug 18, 2026 1:57 PM 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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