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9-Unit Apartment Building
For Sale
Contact for pricing
Pending

399 Bank St, Fall River, MA 02720

Two renovated buildings offer varied apartment layouts, separate utilities, and lead-compliant units in Fall River’s downtown historic district.

Property SizeContact for details
Days on Market147

Property Features for 399 Bank St

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 4BR, 2 x 1BR, 5 x 2BR
Multifamily Units 9

Building Details

Buildings 2
Listing Agency: Divine Real Estate
Listed By: Zachary Midwood · License #451503605
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 4 at 7:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Divine Real Estate

Investment Insights

Based on property information with market context.

This multifamily property comprises two buildings on one lot: a four-family and a five-family, with approximately 7,531 total square feet. The unit mix includes two four-bedroom apartments, two one-bedroom apartments, and five two-bedroom apartments, including one townhouse-style residence. Separate utilities serve the apartments, and most units have newer tankless heating systems.

Renovations completed about 12 years ago included the roofs, windows, siding, plumbing, electrical systems, interiors, heating, and fire system. All units have lead-compliance certifications. The property is located in Fall River’s downtown historic district, approximately 1.5 miles from the South Coast Rail station, with access to parks, dining, shopping, I-195, and Route 24.

Key Highlights

  • Nine apartments across a 4‑family and a 5‑family building on one lot
  • Approximately 7,531 total sqft with 20 bedrooms across the unit mix
  • Unit mix includes two 4‑bedroom, two 1‑bedroom, and five 2‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Cosmetic Store Locksmith Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,350
Businesses Nearby

Demographics for 02720, MA

31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two renovated buildings offer varied apartment layouts, separate utilities, and lead-compliant units in Fall River’s downtown historic district.
Where is this apartment building located?
The property is located at 399 Bank St Fall River, MA.
What are key features of this property?
This property features: Nine apartments across a 4‑family and a 5‑family building on one lot; Approximately 7,531 total sqft with 20 bedrooms across the unit mix; Unit mix includes two 4‑bedroom, two 1‑bedroom, and five 2‑bedroom apartments
(508) 207-5351 Call to check price and availability
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