278 Division St, Fall River MA 02721
Fall River, MA 02721
$700,000
$649,000
Est. $3,713/month
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About this home
Beautifully remodeled two-family property offering exceptional space, versatility, and investment potential! The first-floor unit features 3 bedrooms and is currently occupied. The expansive townhouse-style second unit includes an enclosed sunporch with sliders, 2 bedrooms on the main level, a large upper-level bedroom with 2 bonus rooms, and 2 full baths. Partial water views of the bay and Braga Bridge add to the appeal. The second unit will be delivered vacant at closing. Major updates include a roof replaced in 2016, all new electrical, all new plumbing, tankless heating system, fully remodeled interior, and 4 full bathrooms throughout. Additional lower-level space offers even more flexibility and is truly a must see. Conveniently located near highways, shopping, restaurants, and waterfront attractions
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
7.3%
Price Range
Property Timeline
Status: Active under contract
Jul 26, 2026
Active → Active Under Contract
Pending Sale
Jul 26, 2026
Offer accepted, sale pending
Back On Market
Jul 15, 2026
Active
Status: Active under contract
Jun 16, 2026
Active → Active Under Contract
Pending Sale
Jun 16, 2026
Offer accepted, sale pending
Price Reduced
Jun 2, 2026
$649,000
$51,000
(-7.29%)
From $700,000 to $649,000 (-7.3%)
Listed for Sale
May 11, 2026
$700,000
Original listing
Agent: Wendy Sampson
Office: Lion Gate Real Estate, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/26/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/26/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/15/2026 | • Back On Market | - | - | - | Active |
| 06/16/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/16/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/02/2026 | ↓ Price Reduced | $649,000 | $51,000 | - | From $700,000 to $649,000 (-7.3%) |
| 05/11/2026 | 🏠 Listed for Sale | $700,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,778 | $242,600 |
Financial Details
Annual Property Tax
$2,778
Tax Year 2025
Assessed Value
$242,600
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
2,727 sq ft
Lot Size
0.08 acres
Bedrooms
7
Full Baths
4
Total Rooms
16
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Gross Income
$20,400
Net Operating Income
$20,400
Cap Rate
3.14%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Walk-out Access
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Enclosed
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive, Off Street, Paved
Total Spaces
5
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,778
Assessed Value
$242,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Property Being Sold As-is. Buyer And Buyer’s Agent To Perform Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
blue
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
75 days
Property Overview
Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
7
Full Bathrooms
4
Living Area
2,727 sq ft
Total Rooms
16
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,739 sq ft above grade
988 sq ft below grade
Display Options
Outdoor Areas
Patio & porchEnclosed
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:
Walk-Out Access
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
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:
Enclosed
Fencing:
Fenced
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
5
Parking Features:
Paved Drive, Off Street, Paved
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
0.3 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
0.5 mi
Grades PK-12
Antioch School
1.3 mi
Grades PK-08
Holy Trinity School
1.6 mi
Grades PK-08
D
Stone PK-12 School
1.7 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
1.7 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
Holy Name School
1.8 mi
Grades PK-08
Espirito Santo School
2.0 mi
Grades PK-08
St. Michael School
2.1 mi
Grades PK-08
C
Atlantis Charter School
2.3 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
Middle Schools
3 schools
D
Matthew J Kuss Middle School
0.7 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
1.7 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
2.3 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
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
1.0 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
1.3 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
2.3 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
2.7 mi
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$232
Homeowners Insurance
$200
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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
278 Division St, Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Agent
Wendy Sampson
Listing Office
Lion Gate Real Estate, Inc.
Office Phone
508-673-0001
Agent MLS ID
CN251086
Office MLS ID
AN4421
Listing Data Updated
Aug 9, 2026 3:07 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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