For sale

$694,999

248-250 Jefferson St, Fall River, MA 02721

6beds

4,266sqft

Est.:

Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$163/sqft

$-- HOA

What's special

Formal dining roomThree generously sized bedrooms

Don’t miss this great investment opportunity in the heart of Fall River! This well-maintained mixed-use property features a street-level commercial space with two spacious residential units above. Each unit offers three generously sized bedrooms, a large living room, formal dining room, and an updated kitchen with granite countertops. Hardwood floors add warmth and classic charm throughout the living areas. Recent improvements include a new electrical panel, new hot water heaters for the first and third units, and a new furnace. Conveniently located less than half a mile from the highway and within walking distance to shops, restaurants, and public transportation. Situated in a vibrant historic city along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away. Off-street parking for five vehicles—a rare city find. Excellent opportunity for investors or owner-occupants.

23 days

930

32

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Natural Gas, Ductless

Cooling

Ductless, None

Appliances

Included: Range, Refrigerator, Freezer

Features

Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 4,266
Total interior livable area: 4,266 sqft
Finished area above ground: 4,266

Property

Parking

Total spaces: 5
Uncovered spaces: 5

Lot

Size: 3,306 Square Feet
Features: Corner Lot

Details

Parcel number: M:0F04 B:0000 L:0016
Zoning: CMD

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven

Community & HOA

Community

Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship

Location

Region: Fall River

Financial & listing details

Price per square foot: $163/sqft
Tax assessed value: $617,400
Annual tax amount: $7,069
Date on market: 2/27/2026
Exclusions: Washer And Dryer
Total actual rent: 5800

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
2/12/2026	Listed for sale	$694,999$163/sqft
Source: MLS PIN #73476887 Report a problem
2/6/2026	Listing removed	$694,999$163/sqft
Source: MLS PIN #73416610 Report a problem
1/28/2026	Price change	$694,999-0.7%$163/sqft
Source: MLS PIN #73416610 Report a problem
9/12/2025	Price change	$699,999-2.8%$164/sqft
Source: MLS PIN #73416610 Report a problem
8/12/2025	Listed for sale	$720,000$169/sqft
Source: MLS PIN #73416610 Report a problem