489 Spring, Fall River MA 02721

Fall River, MA 02721
$1,200,000
$1,100,000
Est. $6,590/month
9
Beds
3
Baths
4,346
Sq Ft
$253
Price/Sq Ft
0.08
Acres
1900
Year Built
2
Parking
60
Days on Market
For Sale Price Drop -$100,000 Listed Jun 22, 2026 • MLS# 73539650 Copied! • Updated Aug 13, 2026

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About this home

ALL 3 UNITS NOW VACANT! Presenting 489 Spring Street in Fall River, MA, a newly constructed, distinguished 3-family property. This attractive property was thoughfully rebuilt from the foundation up. Each unit offers an open floor plan with 3 spacious bedrooms, 9' ceilings, granite countertops, new stainless steel appliances, hardwood floors throughout, and tiled bathrooms. Each unit also features central A/C, separate utilities, and security intercom system. Conveniently located near the bus station and just a short distance from the MBTA commuter rail. Exterior features maintenance-free vinyl siding and trex decking. Truly a low maintenance, turn-key property!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
8.3%
Price Range

Property Timeline

Price Reduced
Aug 9, 2026
$1,100,000 $100,000 (-8.33%)
From $1,200,000 to $1,100,000 (-8.3%)
🏠
Listed for Sale
Jun 22, 2026
$1,200,000
Original listing
Agent: Joshua Frias Office: Lamacchia Realty, Inc.

Tax History

Year Taxes Assessment
2026 $9,929 $853,600

Financial Details

Annual Property Tax
$9,929
Tax Year 2026
Assessed Value
$853,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 4,346 sq ft
Lot Size 0.08 acres
Stories 3
Bedrooms 9
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Gross Income $33,000
Net Operating Income $33,000
Cap Rate 3.00%
Heating None
Cooling None
Flooring Tile, Hardwood
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,929
Assessed Value $853,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures All Information Herein Is Deemed Reliable But Not Guaranteed. Buyer/buyer Agent To Perform Due Diligence.
Possession None
Accepted Financing None
Structure Type []
House Color blue
Sq Ft Source Owner
Documents None
County Bristol
Total market time (incl. prior listings) 52 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
4,346 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
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
E

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
Holy Name School
1.3 mi
Grades PK-08
Espirito Santo School
1.4 mi
Grades PK-08
Holy Trinity School
1.5 mi
Grades PK-08
St. Michael School
1.8 mi
Grades PK-08
D
Henry Lord Community School
1.9 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
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
2.1 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
M

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
H

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
0.8 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.6 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
1.9 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
Learn about these ratings

Monthly Payment Calculator

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Total Interest
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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 $827
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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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

489 Spring, Fall River MA 02721

Fall River, MA 02721

Listing Information

Listing Agent Joshua Frias
Listing Office Lamacchia Realty, Inc.
Office Phone 508-677-3629
Agent MLS ID CN241707
Office MLS ID AN8116
Listing Data Updated Aug 13, 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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Steve Novak Real Estate
Steve Novak Real Estate
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