Three-Family Home with Off-Street
New
For Sale
$619,900
405 Warren St, Fall River, MA 02721
Residential Income, Fall River, MA
Property Size2,845 SF
Lot Size0.14 Acres
Price / SF$217.89
Days on Market1
Property Features for 405 Warren St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Parking
5
Directions
GPS
Standard status
Active
APN
2824519
Size
2,845 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5430
Building Details
Year built
1900
Floors in Building
3
Number of units
3
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Oct 15
Last Checked: Oct 15 at 7:06PM
MLS# 73591241
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-family property contains 2,845 square feet across a 0.1376-acre lot and was built in 1900. The first-floor residence is arranged as a four-bedroom unit and will be vacant at delivery. Off-street parking accommodates up to five vehicles, and the property carries R-4 zoning.
At 405 Warren St in Fall River, the home is directly across from Pulaski Park. Shopping, schools, public transportation, and major routes are accessible from the property.
At 405 Warren St in Fall River, the home is directly across from Pulaski Park. Shopping, schools, public transportation, and major routes are accessible from the property.
Key Highlights
- Three‑family property with 2,845 square feet on a 0.1376‑acre lot
- First‑floor unit is configured as four bedrooms and will be delivered vacant
- Off‑street parking for up to 5 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,843
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,016,860
$1.0M
Cap Rate 7%
$726,329
$726.3K
Cap Rate 9%
$564,922
$564.9K
Market Conditions
NOI Build-Up for 2,845 SF
Gross rent
$78.5K $27.60/SF
− Vacancy
−$5.9K −$2.07/SF
EGI
$72.6K $25.53/SF
− OpEx
−$21.8K −$7.66/SF
NOI
$50.8K $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%
$1,016,860
Cap Rate 7%
$726,329
Cap Rate 9%
$564,922
Alternative Uses
Best Use
Multifamily LT 5
$726.3K
$635.5K – $847.4K
NOI $50,843 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$675.0K
$590.6K – $787.5K
NOI $47,250 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,279 @ 7.0% cap · market cap 19.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,039
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - R-4-zoned property includes a vacant first-floor unit configured as four bedrooms.
Where is this triplex located?
The property is located at 405 Warren St Fall River, MA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Three‑family property with 2,845 square feet on a 0.1376‑acre lot; First‑floor unit is configured as four bedrooms and will be delivered vacant; Off‑street parking for up to 5 vehicles
