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Two-Family Townhouse-Style Duplex
For Sale
$449,000

30 Orange Street, Fall River, MA 02720

Townhouse-style two-unit home with separate kitchens and basement laundry, featuring recent roof and heating system updates.

Property Size1,411 SF
Price / SF$318.21
Days on Market85

Property Features for 30 Orange Street

General Information

Standard status Active
Size 1,411 SF
Property subtype Multi-family
Lease Term []

Additional Details

Multifamily Units 2

Amenities

basement laundry

Building Details

Year Built 1925
Listing Agency: RE/MAX Platinum
Listed By: Kristen Ruggiero
Source: Cabotandcompany
Added: May 28 Changed: Aug 19 Last Checked: Aug 20 at 8:58AM

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 RE/MAX Platinum

Investment Insights

Based on property information with market context.

This townhouse-style two-family duplex offers two separate living spaces with practical, unit-specific amenities. The first-floor unit includes 2 bedrooms and 1 full bath, with a spacious living area, a functional kitchen, and basement laundry. The second-floor unit features 3 bedrooms and 1 full bath, along with a bright living area and its own kitchen.

Recent major updates include a new roof completed in 2024 and a new heating system installed in 2026.

Located at 30 Orange Street in Fall River, MA, the property is described as convenient to major routes and everyday destinations including restaurants, shopping, schools, supermarkets, and the new Fall River train station, supporting commuter-friendly access.

Key Highlights

  • Townhouse‑style two‑family home built in 1925
  • First‑floor unit: 2 bedrooms, 1 full bath, spacious living area, functional kitchen, basement laundry
  • Second‑floor unit: 3 bedrooms, 1 full bath, bright living area, separate kitchen

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
$25,216
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
5.62%
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%
$504,320 $504.3K
Cap Rate 7%
$360,229 $360.2K
Cap Rate 9%
$280,178 $280.2K
Market Conditions
NOI Build-Up for 1,411 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
$38.9K $27.60/SF
− Vacancy
−$2.9K −$2.07/SF
EGI
$36.0K $25.53/SF
− OpEx
−$10.8K −$7.66/SF
NOI
$25.2K $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%
$504,320
Cap Rate 7%
$360,229
Cap Rate 9%
$280,178

Alternative Uses

Best Use
Multifamily LT 5
$360.2K
$315.2K – $420.3K (±1% cap)
NOI $25,216 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$334.8K
$292.9K – $390.6K (±1% cap)
NOI $23,434 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$859.3K
$751.9K – $1.00M (±1% cap)
NOI $60,149 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Butcher Florist Pet Grooming Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,966
Businesses Nearby

Demographics for 02720, MA

31,209
Population
14,940
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
2,364
Density / Sq Mi
$62,907
Median Household Income
$45,199
Median Earnings
$1,177
Median Rent
$361,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Townhouse-style two-unit home with separate kitchens and basement laundry, featuring recent roof and heating system updates.
Where is this duplex located?
The property is located at 30 Orange Street Fall River, MA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Townhouse‑style two‑family home built in 1925; First‑floor unit: 2 bedrooms, 1 full bath, spacious living area, functional kitchen, basement laundry; Second‑floor unit: 3 bedrooms, 1 full bath, bright living area, separate kitchen
More about this property
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