
554 Third St Fall River — Photo 1 of 26
Recent Drop: $9,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Highway Access • Public School • Sidewalks
Geography
Property History
$760,000
Was $769,000
Aug 19, 2026
MLS® 73554412
$769,000
Jul 23, 2026
MLS® 73554412
Listing Agent: Marcus Duviella
Listing Office: Divine Real Estate, Inc.
MLS® Number: 73554412








