123 Multi Family Way, Fall River, MA, 02724
About This Home
Rare mixed-use investment opportunity on a high-visibility corner lot. Property features 7 residential units: six 2-bedroom apartments plus a private studio in a separate rear structure. Strong income potential with a busy corner retail storefront and an additional rented office space. Excellent exposure for commercial tenants with steady traffic. Large corner lot offers potential for curb cut and off-street parking (buyer to perform due diligence). Ideal for investors seeking diversified income streams. Private showings only
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: MultiFamily
- Property subType: 5-9 Family
Interior
Features
- Finished area below ground: 7,819
- Finished area above ground: 0
Interior Area
- Total structure area: 7,819
- Total interior livable area: 7,819 sqft
Property
Details
- Zoning: B-L
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Lot size: 6,486 sqft
- Features: Corner Lot
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 | $5,562 | $66,744 |
| Home Insurance * | $525 | $6,300 |
| Property Taxes | $944 | $11,328 |
| Electricity | $1,541 | $18,502 |
| Total | $8,572 | $102,864 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Listed for sale | $1,100,000 |
View on Zillow