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    487 Ridge St Fall River, MA 02724

    Under Contract
    For Sale
    $478,400

    Multi Family - Fall River, MA

    Type:Multi Family
    Property size:
    3,966 SF
    Lot size:
    0.11 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 487 Ridge St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    3
    Parking
    4
    Size
    3,966 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1900
    Number of units
    3
    Flooring type
    Hardwood, Tile, Tile - Ceramic
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Westcott Properties Inc (401) 421-5300 [email protected]

    Listing agent Joy Riley (401) 421-5300

    Listing date Nov 18, 2025

    MLS# 1398142 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Three-Family Property Near Park

    This expansive three-family property on Ridge Street features over 3,900 sq ft of living area. Each of the three units offers approximately 1,322 sq ft of living space, including three bedrooms and one full bath. The units feature hardwood floors and period architectural details. Generous exterior porches provide extended living areas and seasonal outdoor enjoyment. The property is located near Kennedy Park, area schools, public transit, and major travel routes, including Routes 195 and 24. This property is suitable for investors or owner-occupants. It is located in a well-established residential location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.162633
    Latitude
    41.690925

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with hardwood floors, porches, and convenient location.
    Where is this triplex located?
    The property is located at 487 Ridge St Fall River, MA.
    What is the asking price?
    The asking price for this property is $478,400.
    What are key features of this property?
    This property features: - Three spacious units, each with approximately 1,322 sq ft, offering significant rental income potential or multi-generational living.; - Prime location near Kennedy Park, schools, public transit, and major travel routes (Routes 195 & 24), ensuring convenient access to amenities and commuting.; - **Classic architectural details and hardwood floors throughout, providing character and enduring appeal.**
    (401) 421-5300
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    487 Ridge St Fall River, MA 02724
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    487 Ridge St Fall River, MA 02724
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