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58 Downing St, Fall River MA 02723

Fall River, MA 02723
$450,000
Est. $2,860/month
7
Beds
3
Baths
3,305
Sq Ft
$136
Price/Sq Ft
0.15
Acres
1900
Year Built
21
Days on Market
Closed Listed Apr 30, 2025 • MLS# 73367236 Copied!

About this home

Discover an exceptional investment/rehab opportunity in the heart of Fall River with this distinguished 3-unit multi-family property. Offering a total of seven bedrooms and three baths, this property is poised for transformation. The expansive one-level main unit features three bedrooms, while the two additional townhouse-style units with their unique two level layouts each provide two bedrooms. Outside, you'll find a fenced backyard, perfect for relaxation or outdoor fun. Parking is a breeze with street parking, private parking, and a three-car garage with two additional storage rooms. This property presents the perfect canvas for customization, allowing you to enhance its value and make it truly your own.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,305 sq ft
Total Rooms
17
Stories
5
Levels
5

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $450,000
Difference: $49,900 (-10.0%)
Performance Metrics
90.0%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $151
Sale $/sq ft: $136
This property sold for $136 per square foot
Sale Summary

This property sold for 10.0% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,305 sq ft
Lot Size 0.15 acres
Bedrooms 7
Full Baths 3
Total Rooms 17

Interior

Heating Natural Gas, Space Heater
Cooling None
Flooring Wood, Tile, Vinyl, Carpet, Hardwood, Parquet
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Full, Partially Finished, Walk-out Access, Interior Entry, Unfinished
Laundry None
Features Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Slider, Living Room, Dining Room, Kitchen, Loft

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Balcony, Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck

Parking

Garage Spaces 3
Has Garage Yes
Features Paved Drive, Tandem, Paved
Total Spaces 9

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $4,613
Assessed Value $401,500

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet, Hardwood, Parquet
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Slider, Living Room, Dining Room, Kitchen, Loft
Windows:
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Granite
Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas, Space Heater
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony, Rain Gutters
Patio & Porch: Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 9
Parking Features: Paved Drive, Tandem, Paved

Location

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Neighborhood

58 Downing St, Fall River MA 02723

Fall River, MA 02723

Walkability

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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
E

Elementary Schools

10 schools
Espirito Santo School
0.5 mi
Grades PK-08
Holy Name School
1.3 mi
Grades PK-08
Antioch School
1.4 mi
Grades PK-08
C-
John J Doran School
1.7 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
Holy Trinity School
1.8 mi
Grades PK-08
C
Atlantis Charter School
1.8 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
2.0 mi
Grades PK-08
East Gate Christian Academy
2.2 mi
Grades PK-12
D
Henry Lord Community School
2.4 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
D
Stone PK-12 School
2.9 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
C-
Talbot Innovation School
0.5 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
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
D
Matthew J Kuss Middle School
2.5 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
H

High Schools

6 schools
F
Resiliency Preparatory Academy
1.2 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+
Argosy Collegiate Charter School
1.5 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
C+
Diman Regional Vocational Technical High School
0.5 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
1.4 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
1.5 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $384
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
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.

Property History

Market Insights

43.7%
Price Range
23
Total Days on Market

Property Timeline

Current Active Listing - MLS #73496521
Full transaction history available when tracking began
🏡
Currently Listed
Apr 6, 2026
$799,900
MLS #73496521 - Active
Sold
Jun 20, 2025
$450,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Apr 30, 2025
$499,900
Original listing
Agent: The Mathew J. Arruda Group Office: Compass

Price & Status History

Date Event Price Change
Apr 7, 2026 Sold $799,900
Apr 30, 2025 New Listing Added $499,900

Market Statistics

Days on Market
21 days
Price per Sq Ft
$136

Tax History

Year Taxes Assessment
2024 $4,613 $401,500

Financial Details

Annual Property Tax
$4,613
Tax Year 2024
Assessed Value
$401,500

Listing Information

Listing Agent The Mathew J. Arruda Group
Listing Office Compass
Agent MLS ID TM344405
Office MLS ID AN2383
Listing Data Updated Jun 20, 2025 3:54 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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Market Analytics for Fall River, MA

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Steven Novak

BMN Boston Real Estate

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