Six-Unit Apartment
New
For Sale
$950,000
169 Pitman St, Fall River, MA 02723
Residential Income, Fall River, MA
Property Size5,103 SF
Lot Size0.11 Acres
Price / SF$186.17
Days on Market3
Property Features for 169 Pitman St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 1, Bedroom 3, Bedroom 10, Bedroom 9, Bedroom 7, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 12, Bedroom 5, Bedroom 11, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 4, Bathroom 6, Bedroom 2
Directions
Pleasant St to Pitman St - GPS friendly
Standard status
Active
APN
M:000J B:0020 L:0028,2829556
Size
5,103 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8208
Amenities
off-street parking
Building Details
Year built
1900
Floors in Building
3
Number of units
6
Listing Agency:
Keller Williams South Watuppa · Keller Williams Realty
Listed By:
Clifford Ponte · License #9554597
(508) 677-3233
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 10:06AM
MLS# 73598569
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 six-unit residential property contains 5,103 square feet and 12 bedrooms. Built in 1900, the building has vinyl siding and off-street parking on a 0.1065-acre lot.
The property is located at 169 Pitman St in Fall River, Massachusetts.
The property is located at 169 Pitman St in Fall River, Massachusetts.
Key Highlights
- Six residential units with 12 bedrooms
- 5,103 square feet of building area
- 0.1065‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,752
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,695,040
$1.7M
Cap Rate 7%
$1,210,743
$1.2M
Cap Rate 9%
$941,689
$941.7K
Market Conditions
NOI Build-Up for 5,103 SF
Gross rent
$165.3K $32.40/SF
− Vacancy
−$11.2K −$2.20/SF
EGI
$154.1K $30.20/SF
− OpEx
−$69.3K −$13.59/SF
NOI
$84.8K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,695,040
Cap Rate 7%
$1,210,743
Cap Rate 9%
$941,689
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,752 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.11M
$2.72M – $3.63M
NOI $217,535 @ 7.0% cap · market cap 22.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
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Business Placement
Demographics for 02723, MA
16,084
Population
7,976
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
10,053
Density / Sq Mi
$41,789
Median Household Income
$40,140
Median Earnings
$1,058
Median Rent
$312,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The property has vinyl siding and parking located off the street.
Where is this apartment building located?
The property is located at 169 Pitman St Fall River, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Six residential units with 12 bedrooms; 5,103 square feet of building area; 0.1065‑acre lot
