554 3rd St, Fall River, MA, 02721
About This Home
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.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Tile,Laminate,Hardwood
- Finished area above ground: 3,656
Interior Area
- Total structure area: 3,656
- Total interior livable area: 3,656 sqft
Property
Details
- Parcel number: M:0I11 B:0000 L:0013
- Zoning: A-2
Features
- Patio & porch: Porch
Lot
- Lot size: 3,520 sqft
- Features: Level
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
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,888 | $46,656 |
| Home Insurance * | $328 | $3,936 |
| Property Taxes | $753 | $9,036 |
| Electricity | $720 | $8,651 |
| Total | $5,689 | $68,268 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $769,000 |
| 2024-06-21 | Sold | $655,000 |
| 2024-03-30 | Price change | $679,900 |
| 2024-03-06 | Price change | $699,900 |
| 2024-02-21 | Listed for sale | $749,900 |
| 1994-10-27 | Sold | $109,000 |
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