Duplex With Detached
New
For Sale
$569,900
292 Tecumseh St, Fall River, MA 02721
Vacant two-family property with separate gas and electric utilities, off-street parking, and a fenced yard.
Property Size2,641 SF
Price / SF$215.79
Days on Market6
Property Features for 292 Tecumseh St
General Information
Standard status
Active
Size
2,641 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Citipoint Realty Services, LLC
(857) 928-5082
Listed By:
Ola Oladoja
(857) 928-5082
Source:
Lockandkeyre
Added: Aug 6
Changed: Aug 11
Last Checked: Aug 11 at 6:34AM
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 Citipoint Realty Services, LLC
Investment Insights
Based on property information with market context.
This vacant duplex contains two residential units, each with 3 bedrooms and 1 bathroom. The 2,641-square-foot property includes a full walkout basement with additional storage, a third-floor open area, and separate gas and electric utilities for each unit. A detached two-car garage, off-street parking for multiple vehicles, and a fenced yard add practical site features.
Built in 1900, the property has a roof and two furnaces replaced in 2020. Located at 292 Tecumseh St in Fall River, Massachusetts, the home offers a two-family layout with existing improvements and flexible interior space.
Built in 1900, the property has a roof and two furnaces replaced in 2020. Located at 292 Tecumseh St in Fall River, Massachusetts, the home offers a two-family layout with existing improvements and flexible interior space.
Key Highlights
- Two residential units, each with 3 bedrooms and 1 bathroom
- 2,641 square feet on a 1900‑built property
- Roof and two furnaces replaced in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,197
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,940
$943.9K
Cap Rate 7%
$674,243
$674.2K
Cap Rate 9%
$524,411
$524.4K
Market Conditions
NOI Build-Up for 2,641 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.9K $27.60/SF
− Vacancy
−$5.5K −$2.07/SF
EGI
$67.4K $25.53/SF
− OpEx
−$20.2K −$7.66/SF
NOI
$47.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$943,940
Cap Rate 7%
$674,243
Cap Rate 9%
$524,411
Alternative Uses
Best Use
Multifamily LT 5
$674.2K
$590.0K – $786.6K
NOI $47,197 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$626.6K
$548.3K – $731.0K
NOI $43,862 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,583 @ 7.0% cap · market cap 19.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,571
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-family property with separate gas and electric utilities, off-street parking, and a fenced yard.
Where is this duplex located?
The property is located at 292 Tecumseh St Fall River, MA.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms and 1 bathroom; 2,641 square feet on a 1900‑built property; Roof and two furnaces replaced in 2020
