3-Unit Multifamily
For Sale
$619,000
1846 R S Main St R, Fall River, MA 02724
Residential Income, Fall River, MA
Property Size3,230 SF
Lot Size0.10 Acres
Price / SF$191.64
Days on Market9
Property Features for 1846 R S Main St R
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B-L
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 3
Parking
9
Directions
Gps
Standard status
Active
APN
M:000B B:0014 L:0041
Size
3,230 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5597
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Listing Agency:
Keller Williams Realty
Listed By:
Steve Zeboski
(781) 843-3200
Added: Sep 27
Changed: Oct 1
Last Checked: Oct 5 at 3:06PM
MLS# 73583111
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 three-story multifamily property contains three units and 3,230 square feet of living area. Built in 1900, it sits on a 0.0964-acre lot and has six bedrooms and three bathrooms. The units are vacant, and DELEAD certificates are noted for all units. The property is zoned B-L.
Key Highlights
- Three units across a three‑story building
- 3,230 square feet of living area
- Six bedrooms and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,645
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,072,900
$1.1M
Cap Rate 7%
$766,357
$766.4K
Cap Rate 9%
$596,056
$596.1K
Market Conditions
NOI Build-Up for 3,230 SF
Gross rent
$104.7K $32.40/SF
− Vacancy
−$7.1K −$2.20/SF
EGI
$97.5K $30.20/SF
− OpEx
−$43.9K −$13.59/SF
NOI
$53.6K $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%
$1,072,900
Cap Rate 7%
$766,357
Cap Rate 9%
$596,056
Alternative Uses
Best Use
Multifamily LT 5
$824.6K
$721.5K – $962.1K
NOI $57,723 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$766.4K
$670.6K – $894.1K
NOI $53,645 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$1.97M
$1.72M – $2.29M
NOI $137,691 @ 7.0% cap · market cap 22.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 02724, MA
18,050
Population
8,808
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
76%
High-School Grad
1.8 sq mi
ZIP Area
10,028
Density / Sq Mi
$49,809
Median Household Income
$42,334
Median Earnings
$1,105
Median Rent
$368,300
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Vacant units and DELEAD certificates provide a clear starting point for leasing.
Where is this triplex located?
The property is located at 1846 R S Main St R Fall River, MA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Three units across a three‑story building; 3,230 square feet of living area; Six bedrooms and three bathrooms
