207 Rodman St, Fall River MA 02721
Fall River, MA 02721
$769,000
$690,000
Est. $4,260/month
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About this home
Introducing an exceptional opportunity to own a five-unit multifamily property that offers immediate cash flow and long-term equity growth. Located near highways, public transportation, shopping and just minutes away from the new train station. This well -maintained building is the perfect addition to any seasoned investor's portfolio- or a SMART START for a new one. It features four 1-bedroom units, on levels 1 and 2, and one 2-bedrooms+ bonus room unit on the 3rd floor. Updated interiors, modern kitchens and baths are also added perks with this property. Whether you're looking for a stable, income-generating asset or a value-add opportunity with upside potential, this five-unit gem delivers BOTH! There are 2 vacant units at this time, one on 1st level and one on the 3rd level that were recently updated throughout. Don't miss out on this rare chance to invest in a property that is a proven income producer with room to increase rents to market rent!
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Recently Sold Nearby
Property History
Market Insights
3
Price Changes
5.3%
Price Range
Property Timeline
Price Reduced
Jul 10, 2026
$690,000
$9,000
(-1.29%)
From $699,000 to $690,000 (-1.3%)
Price Reduced
Feb 28, 2026
$699,000
$16,000
(-2.24%)
From $715,000 to $699,000 (-2.2%)
Price Reduced
Jan 11, 2026
$715,000
$14,000
(-1.92%)
From $729,000 to $715,000 (-1.9%)
Listed for Sale
Jul 12, 2025
$729,000
Original listing
Agent: Fatima Pires
Office: Keller Williams South Watuppa
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/10/2026 | ↓ Price Reduced | $690,000 | $9,000 | - | From $699,000 to $690,000 (-1.3%) |
| 02/28/2026 | ↓ Price Reduced | $699,000 | $16,000 | - | From $715,000 to $699,000 (-2.2%) |
| 01/11/2026 | ↓ Price Reduced | $715,000 | $14,000 | - | From $729,000 to $715,000 (-1.9%) |
| 07/12/2025 | 🏠 Listed for Sale | $729,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,852 | $598,400 |
Financial Details
Annual Property Tax
$6,852
Tax Year 2025
Assessed Value
$598,400
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Side by Side
Year Built
1900
Living Area
3,876 sq ft
Lot Size
0.06 acres
Bedrooms
6
Full Baths
5
Total Rooms
22
Investment Metrics
Units
5
Unit 1 Rent
$1,250/mo · Y
Unit 2 Rent
— · N
Unit 3 Rent
$1,075/mo · Y
Unit 4 Rent
$1,000/mo · Y
Total Monthly Rent
$3,325/mo
Gross Income
$68,700
Net Operating Income
$68,700
Operating Expenses
$17,707
Cap Rate
9.96%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Unfinished
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
$6,852
Assessed Value
$598,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Information Deemed Reliable But Not Guaranteed, Buyers And Buyers Agents To Verify All Information Contained Herein.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Tan
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
368 days
Property Overview
Property Type
5+ Family - 5+ Units Side by Side
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
5
Living Area
3,876 sq ft
Total Rooms
22
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,876 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:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
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
Antioch School
0.9 mi
Grades PK-08
East Gate Christian Academy
1.1 mi
Grades PK-12
Espirito Santo School
1.3 mi
Grades PK-08
Holy Name School
1.4 mi
Grades PK-08
Holy Trinity School
1.4 mi
Grades PK-08
D
Henry Lord Community School
1.8 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
St. Michael School
1.9 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
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
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
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
0.9 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
2.0 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
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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
$571
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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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
207 Rodman St, Fall River MA 02721
Fall River, MA 02721
Listing Information
Listing Agent
Fatima Pires
Listing Office
Keller Williams South Watuppa
Office Phone
508-677-3233
Agent MLS ID
CN243609
Office MLS ID
AN3817
Listing Data Updated
Jul 14, 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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