Fully Updated Quadplex for Sale

169 Grant St. Fall River, MA 02721

Claim this Listing
For Sale
$899,000

MULTI_FAMILY - Fall River, MA

Property size:
3,354 SF
Lot size:
0.09 Acres
Price / SF:
$268/SF
Added:
Jul 2, 2026
Days on Market:
11
Last Refresh:
Jul 12 at 11:06 pm

Property Features for 169 Grant St.

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
A-2
Bedrooms
11
Bathrooms
4
Rooms
Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 5, Bedroom 4, Bedroom 9, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 10, Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 11, Bathroom 1
Standard status
Active
APN
M:0G05 B:0000 L:0050
Size
3,354 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7028

Building Details

Year built
1900
Floors in Building
6
Number of units
4

Listing agent Clifford Ponte License #9554597

Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA

Listing date Jul 2, 2026

MLS# 73544235 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering is a four-unit quadplex that was fully updated from the studs in 2025. The renovation includes new FHA HVAC systems, new electric, a new roof, new plumbing, and updated bathrooms. The units also feature granite countertops, along with brand new appliances, and the work was completed from the windows to the walls. The result is a clean, turnkey configuration intended to simplify readiness for new ownership.

169 Grant St. is located in Fall River, Massachusetts. The property sits on an 0.0905-acre lot and was recently subdivided from 165 Grant St., which is also available for sale (MLS #73514313). The home was previously permitted for a curb cut. Zoning is listed as A-2.

For buyers seeking an owner-occupant or investor setup, this quadplex presents a practical case because the major building systems and unit finishes were replaced during the 2025 renovation. Taxes shown online have not been updated since the subdivision, and buyers should confirm all figures and any related permitting details during due diligence.

Key Highlights

  • Four‑unit multifamily building fully updated from the studs in 2025
  • New FHA HVAC systems plus new electric, new roof, and new plumbing
  • New bathrooms and brand new appliances

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $92.6k $27.60
− Vacancy −$6.9k −$2.07
EGI $85.6k $25.53
− OpEx −$25.7k −$7.66
NOI $59.9k $17.87
3,354 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$856.3K
$749.2K – $999.0K (±1% cap)
NOI $59,939 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$795.8K
$696.3K – $928.4K (±1% cap)
NOI $55,704 @ 7.0% cap · market cap 6.20%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,977 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Cosmetic Store Florist Hotel & Motel Pet Grooming Service Tech Support Center Supermarket

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Turnkey four-unit quadplex fully renovated in 2025, with new systems and appliances.
Where is this quadplex located?
The property is located at 169 Grant St. Fall River, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four‑unit multifamily building fully updated from the studs in 2025; New FHA HVAC systems plus new electric, new roof, and new plumbing; New bathrooms and brand new appliances
Contact an agent
More about this property
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