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45 Lafayette St, Fall River, MA, 02723

4beds
2baths
1,896sqft
$610,000
$322price/sqft
$4,341/moest. monthly cost
$173,640/yrincome needed

About This Home

Beautifully renovated two-family home offering a fantastic opportunity for both owner-occupants and investors. Extensive updates include a new roof, windows, siding, plumbing, kitchens, bathrooms, and flooring throughout. The first-floor unit features 2 bedrooms, 1 full bath, a remodeled kitchen and bathroom, hardwood floors, and forced hot air heating. The second-floor unit offers 2 bedrooms, 1 full bath, a spacious modern kitchen with quartz countertops, stainless steel appliances, an updated bathroom, and an energy-efficient mini-split heating and cooling system. Additional highlights include a low-maintenance exterior, private driveway, and a generous yard with privacy features. Conveniently located near shopping, dining, schools, and major routes. Move-in ready and ideal for generating rental income or owner occupancy. A turnkey multi-family property with modern updates throughout—don't miss this excellent investment opportunity!

Getting Around

68
WalkingSomewhat Walkable
31
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

5/10
4/10
Talbot Innovation SchoolGrades 6-80.2 mi
2/10
B M C Durfee High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Granite
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Washer,Dryer,Range,Refrigerator,Range Hood

Basement

  • Has basement: Yes
  • Basement: Full,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Laundry Room,Crown Molding,Bathroom With Tub & Shower,Remodeled,Pantry,Stone/Granite/Solid Counters,Upgraded Cabinets,Living Room,Kitchen
  • Window features: Screens
  • Flooring: Tile,Vinyl,Varies,Hardwood
  • Finished area above ground: 1,896

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Electric,Ductless
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,896
  • Total interior livable area: 1,896 sqft

Property

Details

  • Parcel number: M:0K21 B:0000 L:0109,2830520
  • Zoning: G

Features

  • Exterior features: Rain Gutters
  • Frontage length: 50.00

Lot

  • Lot size: 5,001 sqft
  • Features: Cleared,Level

Parking

  • Total spaces: 4
  • Parking features: Off Street
  • Uncovered spaces: 4

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 $3,084$37,008
Home Insurance *$298$3,576
Property Taxes $586$7,032
Electricity $373$4,486
Total$4,341$52,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,834/yr
40% on housing$130,230/yr
45% on housing$115,760/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

$322This listing

vs Other Active Listings

Avg $/sqft

ZIP 02723$207
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02723$242
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)

Price History

DateEventPrice
2026-08-17Price change$605,000
2026-06-15Listed for sale$610,000
2024-08-13Sold$500,000
2024-06-24Contingent$479,900
2024-06-12Listed for sale$479,900
2023-06-16Sold$266,000

For Sale by Agent

AgentMarlene Batista
BrokerageeXp Realty LLC

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