280 Ridge St, Fall River MA 02721
Fall River, MA 02721
$699,999
$689,999
Est. $4,164/month
About this home
Don't miss this exceptional opportunity to acquire a spacious three-family property in a high-demand rental market. Located at 280 Ridge St, Fall River, this income-producing asset offers over 3,200 square feet of living space across three levels, featuring 8 bedrooms and 3 full bathrooms.What sets this property apart is its strong income stability. Current rents are at market value, providing investors with reliable cash flow from day one. With continued strong rental demand throughout Fall River, this property offers a solid and dependable investment opportunity.Built in 1900, the property offers the charm and character of a classic New England multi-family while delivering the functionality today's tenants seek. The generous unit layouts provide ample living space, making them highly attractive to both current and future occupants.Whether you're an experienced investor looking to expand your portfolio or an owner-occupant seeking rental income to offset your mortgage, this pro
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
21.4%
Price Range
1
Previous Sales
Property Timeline
Price Reduced
Jun 23, 2026
$689,999
$10,000
(-1.43%)
From $699,999 to $689,999 (-1.4%)
Listed for Sale
May 20, 2026
$699,999
Original listing
Agent: Nadege Cadet
Office: Fast Plus Realty, Inc.
Previous Transaction - MLS #73154416
Full transaction history available when tracking began
Previously Sold
Dec 22, 2023
$550,000
MLS #73154416
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/23/2026 | ↓ Price Reduced | $689,999 | $10,000 | - | From $699,999 to $689,999 (-1.4%) |
| 05/20/2026 | 🏠 Listed for Sale | $699,999 | - | - | Original listing |
| 12/22/2023 | 🏷️ Previously Sold | $550,000 | - | - | MLS #73154416 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $5,701 | $497,900 |
Financial Details
Annual Property Tax
$5,701
Tax Year 2025
Assessed Value
$497,900
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
3,234 sq ft
Lot Size
0.06 acres
Bedrooms
9
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$2,200/mo · Y
Unit 2 Rent
— · N
Unit 3 Rent
$2,000/mo
Total Monthly Rent
$4,200/mo
Gross Income
$50,400
Net Operating Income
$50,400
Cap Rate
7.30%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$5,701
Assessed Value
$497,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
38 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
3,234 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,234 sq ft above grade
Display Options
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:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Parking Features:
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
East Gate Christian Academy
0.8 mi
Grades PK-12
Holy Trinity School
1.2 mi
Grades PK-08
Antioch School
1.3 mi
Grades PK-08
D
Henry Lord Community School
1.5 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
1.5 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
Holy Name School
1.7 mi
Grades PK-08
C
Atlantis Charter School
1.9 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
St. Michael School
2.2 mi
Grades PK-08
Middle Schools
3 schools
D
Matthew J Kuss Middle School
1.0 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
1.9 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
0.4 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
1.2 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
2.0 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
2.4 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
2.6 mi
Grades 09-12
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Monthly Payment Breakdown
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Location
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Neighborhood
280 Ridge St, Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Agent
Nadege Cadet
Listing Office
Fast Plus Realty, Inc.
Office Phone
857-261-4458
Agent MLS ID
CN224514
Office MLS ID
AN6860
Listing Data Updated
Jun 27, 2026 3:05 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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