For sale

Price cut: $40K (4/28)

$585,000

289 5th St, Fall River, MA 02721

9beds

3,242sqft

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3 Family - 3 Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$180/sqft

$-- HOA

What's special

Generous living spaceFunctional layouts

Strong investment opportunity in Fall River! This well-maintained three-family property features three spacious 3-bedroom, 1-bath units, offering excellent rental potential in a high-demand market. Historically generating $5,400/month in gross rental income, this is ideal for investors seeking steady cash flow or owner-occupants looking to offset expenses. This building has 2 vacant units. Each unit offers functional layouts, generous living space, and strong tenant appeal. Conveniently located near local amenities, major routes, and ongoing area development, this property presents solid long-term upside. A turnkey, income-producing asset with consistent demand and strong fundamentals. Can be purchased with 283 Firth St as a package. Group showing this week.

92 days

397

25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 3,242
Total interior livable area: 3,242 sqft
Finished area above ground: 3,242

Property

Parking

Parking features: Paved Drive
Has uncovered spaces: Yes

Details

Foundation area: 0
Zoning: R

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Up/Down

Materials

Foundation: Granite

Condition

Year built: 1900

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School

Location

Region: Fall River

Financial & listing details

Price per square foot: $180/sqft
Date on market: 4/19/2026
Listing terms: Contract
Exclusions: Any Tenant Owned Items.
Total actual rent: 5500

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/28/2026	Price change	$585,000-6.4%$180/sqft
Source: MLS PIN #73504076 Report a problem
4/20/2026	Listed for sale	$625,000$193/sqft
Source: MLS PIN #73504076 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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