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227 Eagle St, Fall River, MA, 02721

18beds
6baths
6,219sqft
$1,300,000
$209price/sqft
$9,469/moest. monthly cost
$378,760/yrincome needed

About This Home

Rare multi-family investment opportunity in the heart of Fall River. Features six spacious units, including three 4-bedroom/1-bath units and three 2-bedroom units, offering strong income potential and versatile rental appeal.This well-positioned property is conveniently located near shopping, restaurants, schools, highways, public transportation, and the South Coast Rail/T station, with easy access to downtown and local amenities. A great addition to any investment portfolio with desirable unit layouts and excellent rental potential.

Getting Around

89
WalkingVery Walkable
43
TransitSome Transit
56
BikeBikeable

Schools

5/10
2/10
B M C Durfee High SchoolGrades 9-122.2 mi
2/10

Construction

Condition

  • Year built: 1904

Materials

  • Foundation: Brick/Mortar,Other
  • Roof: Shingle
  • Construction materials: Brick,See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Wood,Varies,Laminate
  • Finished area above ground: 6,219

Interior Area

  • Total structure area: 6,219
  • Total interior livable area: 6,219 sqft

Property

Details

  • Parcel number: M:0G04 B:0000 L:0018,2825772
  • Zoning: A-2

Features

  • Patio & porch: Porch

Lot

  • Lot size: 3,316 sqft
  • Features: Easements

Parking

  • Parking features: Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance *$555$6,660
Property Taxes $1,115$13,380
Electricity $1,226$14,716
Total$9,469$113,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$324,651/yr
40% on housing$284,070/yr
45% on housing$252,506/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 02721$225
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02721$228
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-09Listed for sale$1,300,000
2025-12-20Price change$3,000
2025-09-09Listed for rent$4,000
2021-06-04Sold$450,000
2021-01-19Listing removed--
2021-01-04Listed for sale$529,000
2016-04-01Sold$115,000
2016-02-18Pending sale$120,000
2016-02-10Price change$120,000
2015-11-12Pending sale$179,000
2015-05-19Price change$179,000
2015-05-06Price change$199,000
2015-04-24Pending sale$209,000
2015-04-22Price change$209,000
2015-02-01Price change$249,000
2014-11-18Listed for sale$269,000

For Sale by Agent

AgentGilnerys Santana
BrokerageAmaral & Associates RE

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