Prime location, turnkey condition, and 20 bedrooms of rental upside, this 9-unit property in Fall River is a rare investment opportunity you don’t want to miss. Featuring two well-maintained buildings, a 4-family and a 5-family on one lot sitting just 1.5 miles from the South Coast Rail station. Located in the downtown historic district with easy access to parks, dining, shopping, and Routes I-195 & 24. The 4-family includes (2) massive 4-bedroom units and (2) 1-bedroom units; the 5-family offers (5) spacious 2-bedrooms, including one townhouse-style apartment with about 7,531 total sqft. Extensively renovated about 12 years ago including roofs, windows, siding, plumbing, electrical, interiors, heating, and fire system. All units are lead compliant with certs. Separate utilities. Most units feature newer tankless heating systems. A low-maintenance, high-upside asset ready for its next owner. Reach out to schedule a showing today!
Sold for $1,390,000 on 07/24/25
$1,390,000
399 Bank St, Fall River, MA 02720
20beds
7,531sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$185/sqft
$2,454 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,454/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 27, 2025 at 04:40pm
Listed by:
Zachary Midwood 508-207-5351,
Divine Real Estate, Inc. 508-938-9277
Bought with:
Todor Ialamov
Four Points Real Estate, LLC
Source: MLS PIN,MLS#: 73383675
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 9
- Full bathrooms: 9
Appliances
- Laundry: Washer Hookup
Features
- Windows: Screens
- Basement: Full,Walk-Out Access,Interior Entry,Concrete
- Has fireplace: No
Interior area
- Total structure area: 7,531
- Total interior livable area: 7,531 sqft
- Finished area above ground: 7,531
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Exterior features: Rain Gutters
Lot
- Size: 5,708 sqft
- Features: Corner Lot
Details
- Parcel number: M:0N04 B:0000 L:0061,2833180
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Fall River
HOA & financial
Other financial information
- Total actual rent: 8850
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $1,390,000-0.7%$185/sqft |
Source: MLS PIN #73383675 Report a problem | ||
| 6/2/2025 | Listed for sale | $1,399,900+833.3%$186/sqft |
Source: MLS PIN #73383675 Report a problem | ||
| 11/17/2011 | Sold | $150,000-40%$20/sqft |
Source: Public Record Report a problem | ||
| 5/1/2002 | Sold | $250,000+68.9%$33/sqft |
Source: Public Record Report a problem | ||
| 6/6/2001 | Sold | $148,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,903 +10.2% | $952,200 +10.6% |
| 2024 | $9,893 +10.7% | $861,000 +18.3% |
| 2023 | $8,933 +14.7% | $728,000 +17.9% |
Find assessor info on the county website
Neighborhood: Bank Street
Nearby schools
GreatSchools rating
- 1/10Stone Day SchoolGrades: 1-12Distance: 0.5 mi
- 2/10Morton Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10B M C Durfee High SchoolGrades: 9-12Distance: 1.4 mi
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