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Apartment Building with Townhouse Units
New
For Sale
$1,100,000

386-388 Locust Street, Fall River, MA 02720

Vacant Fall River property combines updated building systems with river and bridge views.

Property Size6,345 SF
Price / SF$173.36
Days on Market6

Property Features for 386-388 Locust Street

General Information

Standard status Active
Size 6,345 SF
Property subtype Multi-family
Lease Term []

Amenities

off-street parking
storage sheds
water views

Building Details

Year Built 1883
Listing Agency: Freedom Realty Group LLC
Listed By: Gary Gagne Jr.
Source: Cabotandcompany
Added: Sep 26 Changed: Sep 30 Last Checked: Sep 30 at 1:48PM

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 Freedom Realty Group LLC

Investment Insights

Based on property information with market context.

This 6,345-square-foot apartment property in Fall River has 13 bedrooms and 6 bathrooms. Extensive rebuilding included new framing, electrical and plumbing systems, roof, windows, vinyl siding, kitchens, bathrooms, and HVAC. Two units have townhouse-style layouts, each with four bedrooms and two full bathrooms. Kitchens feature quartz countertops, and electrical panels are located within each unit. The property is offered vacant.

Set on a corner lot, the building includes off-street parking and attached storage sheds. Water views look toward the Taunton River and Braga Bridge.

Key Highlights

  • Offered vacant, with 13 bedrooms and 6 bathrooms
  • 6,345‑square‑foot apartment property
  • Two townhouse‑style units, each with 4 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop Butcher Tech Support Center Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,697
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Vacant Fall River property combines updated building systems with river and bridge views.
Where is this apartment building located?
The property is located at 386-388 Locust Street Fall River, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Offered vacant, with 13 bedrooms and 6 bathrooms; 6,345‑square‑foot apartment property; Two townhouse‑style units, each with 4 bedrooms and 2 full bathrooms
More about this property
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