3-Unit Residential
19 Lyon St, Fall River, MA 02721
For Sale
New
$649,999
Residential Income, Fall River, MA
Property Size2,765 SF
Lot Size0.07 Acres
Price / SF$235.08
Days on Market6
Property Features for 19 Lyon St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 9 at 4:06AM
MLS# 73599961
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 residential triplex contains three separate units, each with three bedrooms, for a total of nine bedrooms. The building measures 2,765 square feet and dates to 1900. The 0.0747-acre property includes a backyard and is zoned A-2.
The property is in Fall River, Massachusetts, with access to major highways, shopping, restaurants, and everyday amenities.
The property is in Fall River, Massachusetts, with access to major highways, shopping, restaurants, and everyday amenities.
Key Highlights
- Three residential units, each with 3 bedrooms
- 2,765‑square‑foot building
- 0.0747‑acre lot with backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,413
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,260
$988.3K
Cap Rate 7%
$705,900
$705.9K
Cap Rate 9%
$549,033
$549.0K
Market Conditions
NOI Build-Up for 2,765 SF
Gross rent
$76.3K $27.60/SF
− Vacancy
−$5.7K −$2.07/SF
EGI
$70.6K $25.53/SF
− OpEx
−$21.2K −$7.66/SF
NOI
$49.4K $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%
$988,260
Cap Rate 7%
$705,900
Cap Rate 9%
$549,033
Alternative Uses
Best Use
Multifamily LT 5
$705.9K
$617.7K – $823.6K
NOI $49,413 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$656.0K
$574.0K – $765.4K
NOI $45,922 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,869 @ 7.0% cap · market cap 18.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,396
Businesses Nearby
Explore this area
Business Placement
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
$362,800
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Fall River, MA
Properties on Market for Triplexes in Fall River
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has three bedrooms, with A-2 zoning and backyard space adding to the property’s configuration.
Where is this triplex located?
The property is located at 19 Lyon St Fall River, MA.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: Three residential units, each with 3 bedrooms; 2,765‑square‑foot building; 0.0747‑acre lot with backyard
