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283 Fifth St Fall River — Photo 1 of 9

283 Fifth St Fall River — Photo 1 of 9

Recent Drop: $6,000

$475,000
$469,000

$469,000

Investment Analysis — 283 Fifth St

Fall River, MA 02721

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 02721 carries an estimated $3,460/mo in gross rent — about a 5.53% cap rate and $25,927/yr in estimated NOI at the $469,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,800

Style

2 Family - 2 Units Up/Down

Built

1900

Exceptional investment opportunity in Fall River! This well-maintained two-family property features two spacious 2-bedroom, 1-bath units, offering strong rental potential in a high-demand market. Currently generating $2000/month in gross rental income with one VACANT UNIT available, this is ideal for investors seeking immediate cash flow. Each unit offers functional layouts, comfortable living space, and solid rental appeal. Conveniently located near local amenities, highways, and area development, this property presents long-term upside and consistent demand. A turnkey income-producing asset with strong fundamentals in a growing market.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$475,000
Annual Taxes--

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationGranite
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Property History

Price Drop
$469,000

Was $475,000

Sep 8, 2026

MLS® 73554952

Listed
$475,000

Jul 25, 2026

MLS® 73554952

Terminated
$475,000

May 14, 2026

MLS® 73504075

Listed
$475,000

Apr 19, 2026

MLS® 73504075

Listing Provided By

Listing Agent: Srg Properties Group

Listing Office: Century 21 North East Homes

MLS® Number: 73554952