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Updated Four-Unit Quadplex
For Sale
$901,900

169 Grant St, Fall River, MA 02721

Residential Income, Fall River, MA

Property Size3,354 SF
Lot Size0.09 Acres
Price / SF$268.90
Days on Market47

Property Features for 169 Grant St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning A-2
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 9, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 1
Directions Division St to Grant St. Please Kindly use GPS with love.
Standard status Active
APN M:0G05 B:0000 L:0050,23643999
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 Agency: Keller Williams South Watuppa · Keller Williams Realty
Listed By: Clifford Ponte · License #9554597
Added: Aug 31 Changed: Oct 10 Last Checked: Oct 16 at 5:06AM
MLS# 73570214

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.

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Investment Insights

Based on property information with market context.

This four-unit quadplex contains 3,354 square feet and was built in 1900. The property has nine bedrooms and four bathrooms, with substantial work completed in 2025. Improvements include new FHA HVAC systems, electrical service, plumbing, bathrooms, roofing, granite countertops, and appliances. The renovation scope also included interior work extending from the framing through finished surfaces.

Located at 169 Grant St. in Fall River, the property is near shopping, dining, schools, local amenities, and major routes. The 0.0905-acre parcel is zoned A-2 and previously held a permit for a driveway curb cut. Seller financing is available as a transaction option.

Key Highlights

  • Four‑unit quadplex with 3,354 square feet
  • 2025 renovation includes new roof, plumbing, electrical, bathrooms, and granite countertops
  • Nine bedrooms and four bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,939
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,780 $1.2M
Cap Rate 7%
$856,271 $856.3K
Cap Rate 9%
$665,989 $666.0K
Market Conditions
NOI Build-Up for 3,354 SF
Gross rent
$92.6K $27.60/SF
− Vacancy
−$6.9K −$2.07/SF
EGI
$85.6K $25.53/SF
− OpEx
−$25.7K −$7.66/SF
NOI
$59.9K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,780
Cap Rate 7%
$856,271
Cap Rate 9%
$665,989

Alternative Uses

Best Use
Multifamily LT 5
$856.3K
$749.2K – $999.0K (±1% cap)
NOI $59,939 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$795.8K
$696.3K – $928.4K (±1% cap)
NOI $55,704 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,977 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Storage Facility Cosmetic Store Florist Hotel & Motel

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,981
Businesses Nearby

Demographics for 02721, MA

28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with extensive 2025 renovations, new systems, and appliances throughout.
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 $901,900.
What are key features of this property?
This property features: Four‑unit quadplex with 3,354 square feet; 2025 renovation includes new roof, plumbing, electrical, bathrooms, and granite countertops; Nine bedrooms and four bathrooms
More about this property
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