Back to Search
Active
75 Days on market
554 Third St Fall River — Photo 1 of 26

554 Third St Fall River — Photo 1 of 26

Recent Drop: $9,000

$769,000
$760,000

$760,000

Investment Analysis — 554 Third St

Fall River, MA 02721

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-unit multi-family in 02721 carries an estimated $5,280/mo in gross rent — about a 5.63% cap rate and $42,769/yr in estimated NOI at the $760,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

3,656

Style

3 Family

Built

1900

Massive owner-occupied three-family in the heart of Fall River! This well-maintained property features spacious three-bedroom units on every floor and reflects true pride of ownership. The first-floor unit is owner-occupied, while the second-floor unit is currently vacant, making it an excellent opportunity for an owner-occupant or an investor looking to set their own rent. Numerous recent updates make this a move-in-ready property. Enjoy a generous backyard that's perfect for entertaining, family gatherings, or relaxing outdoors. Conveniently located near shopping, restaurants, schools, and major highways. Don't miss your chance to own this exceptional multi-family property.

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 MLS and other third-party data may be inaccurate or out of date.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$769,000
Annual Taxes$5,385

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms18
FireplacesNone
FlooringTile, Laminate, Hardwood
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningA-2

Property & Lot

Acres0.08
SqFt Lot3,520
Lot FeaturesLevel

Neighborhood

Shopping • Highway Access • Public School • Sidewalks

Geography

Property History

Price Drop
$760,000

Was $769,000

Aug 19, 2026

MLS® 73554412

Listed
$769,000

Jul 23, 2026

MLS® 73554412

Listing Provided By

Listing Agent: Marcus Duviella

Listing Office: Divine Real Estate, Inc.

MLS® Number: 73554412