Turnkey Investment Opportunity in Fall River! This fully occupied 4-unit multifamily delivers strong, consistent cash flow with significant upside potential. Located in a high-demand rental area, the property features a mix of spacious 2- and 3-bedroom units with separate utilities, making it an ideal low-maintenance addition to any investor’s portfolio.Strong rental history with long-term tenants and below-market rents present room for increased cash flow. Whether you’re a seasoned investor or looking for your first multi-family, this property offers stable income and long-term appreciation in one of Fall River’s growing neighborhoods.Close to major routes, public transit, and upcoming city developments. Don’t miss out on this opportunity to generate immediate income with future upside.
For sale
$799,000
118 Jefferson St, Fall River, MA 02721
10beds
5,937sqft
Est.:
4 Family - 4 Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$135/sqft
$-- HOA
What's special
- 66 days |
- 292 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: February 20, 2026 at 12:05am
Listed by:
Stephanie Barreau 617-953-5827,
Vicente Realty, LLC 508-944-3144
Source: MLS PIN,MLS#: 73436116
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,937
- Total interior livable area: 5,937 sqft
- Finished area above ground: 5,937
Property
Parking
- Total spaces: 4
- Parking features: Shared Driveway
- Uncovered spaces: 4
Lot
- Size: 5,937 Square Feet
Details
- Parcel number: M:0F04 B:0000 L:0027,2824070
- Zoning: IND
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Up/Down
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $712,400
- Annual tax amount: $8,262
- Date on market: 12/24/2025
- Total actual rent: 6320
Estimated market value
Not available
Estimated sales range
Not available
$2,285/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $799,000-15.9%$135/sqft |
Source: MLS PIN #73436116 Report a problem | ||
| 11/18/2025 | Listing removed | $950,000$160/sqft |
Source: MLS PIN #73436116 Report a problem | ||
| 9/26/2025 | Listed for sale | $950,000$160/sqft |
Source: MLS PIN #73436116 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,157 +12% | $712,400 +12.3% |
| 2024 | $7,286 +8.8% | $634,100 +16.2% |
| 2023 | $6,698 +12.8% | $545,900 +16% |
| 2022 | $5,938 +12.5% | $470,500 +23.2% |
| 2021 | $5,280 +16.7% | $381,800 +21.9% |
| 2020 | $4,524 +7.5% | $313,100 +8.5% |
| 2019 | $4,209 +5.6% | $288,700 +5.9% |
| 2018 | $3,987 +6.2% | $272,700 +1.7% |
| 2017 | $3,755 -0.9% | $268,200 -3.6% |
| 2016 | $3,791 +5.5% | $278,100 +1.3% |
| 2015 | $3,592 -4.8% | $274,600 -8.5% |
| 2014 | $3,775 +3.9% | $300,100 -1.5% |
| 2013 | $3,635 +7.5% | $304,700 -1% |
| 2012 | $3,381 +0.4% | $307,900 -17.4% |
| 2010 | $3,368 +5.9% | $372,600 -5.6% |
| 2009 | $3,180 -4.6% | $394,500 -9.2% |
| 2008 | $3,333 | $434,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,488/mo
Principal & interest
$3789
Property taxes
$699
Climate risks
Neighborhood: 02721
Nearby schools
GreatSchools rating
- 3/10William S Greene Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Talbot Innovation SchoolGrades: 6-8Distance: 1.1 mi
- 2/10B M C Durfee High SchoolGrades: 9-12Distance: 2.2 mi
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