
283 Fifth St Fall River — Photo 1 of 9
Recent Drop: $6,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$469,000
Was $475,000
Sep 8, 2026
MLS® 73554952
$475,000
Jul 25, 2026
MLS® 73554952
$475,000
May 14, 2026
MLS® 73504075
$475,000
Apr 19, 2026
MLS® 73504075
Listing Agent: Srg Properties Group
Listing Office: Century 21 North East Homes
MLS® Number: 73554952








