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Five-Unit Multifamily Building
For Sale
$675,000

207 Rodman St, Fall River, MA 02721

Well-maintained five-unit property with updated interiors and two currently vacant units ready for occupancy.

Property Size3,876 SF
Price / SF$174.15
Days on Market407

Property Features for 207 Rodman St

General Information

Standard status Active
Size 3,876 SF
Property subtype Multi-Family
Zoning A-2
Occupancy 60%
Net Operating Income $68,700

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $6,852

Building Details

Building Size 3,876 SF
Year Built 1900
Stories 5
Tenancy Multi
Listing Agency: 546 Realty Group
Listed By: Chris Bernier
Source: Churchillprop
Added: Jul 12, 2025 Changed: Aug 21 Last Checked: Aug 22 at 3:41AM

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 546 Realty Group

Investment Insights

Based on property information with market context.

This five-unit multifamily building includes four 1-bedroom units across levels 1 and 2, plus one 2-bedroom unit with a bonus room on the 3rd floor. The property is described as well-maintained, with updated interiors that feature modern kitchens and baths. Two units are currently vacant—one on the 1st level and one on the 3rd level—and both were recently updated throughout, creating a straightforward opportunity to lease available space.

The building is located near highways and public transportation, with shopping nearby. The public remarks also note it is just minutes from a new train station, providing convenient access for residents and prospective tenants.

With a mix of one-bedroom layouts and a larger 2-bedroom-plus-bonus unit, the building can appeal to a range of renter needs. For an owner-operator or investor, the presence of currently vacant units and recent unit updates may help reduce near-term turnaround concerns while leasing activity is underway. The property is offered for sale, presenting a compact income-producing asset in a transit- and retail-accessible setting.

Key Highlights

  • Five‑unit multifamily building (built 1900) with four 1‑bedroom units on levels 1 and 2, plus one 2‑bedroom unit with bonus room on level 3.
  • Two units are currently vacant: one on the 1st level and one on the 3rd level, and both were recently updated throughout.
  • Updated interiors, including modern kitchens and baths, are featured throughout the building.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Tech Support Center Pet Grooming Service Locksmith Tattoo & Piercing Shop

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

5
Residential units
60%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,986
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

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 - Well-maintained five-unit property with updated interiors and two currently vacant units ready for occupancy.
Where is this apartment building located?
The property is located at 207 Rodman St Fall River, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Five‑unit multifamily building (built 1900) with four 1‑bedroom units on levels 1 and 2, plus one 2‑bedroom unit with bonus room on level 3.; Two units are currently vacant: one on the 1st level and one on the 3rd level, and both were recently updated throughout.; Updated interiors, including modern kitchens and baths, are featured throughout the building.
More about this property
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