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Fall River Multifamily Investment Property
For Sale
$2,700,000
Pending

575 North Main St, Fall River, MA 02720

Eighteen-unit multifamily property in Fall River with convenient access.

Property Size15,854 SF
Lot Size0.37 Acres
Days on Market122

Property Features for 575 North Main St

General Information

Standard status Pending
Size 15,854 SF
Lot size 0.37 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $23,211

Building Details

Building Size 15,854 SF
Year Built 1965
Stories 5
Units 18
Listing Agency: Horvath & Tremblay
Listed By: Spencer Smith · License #9576051
Source: Elliman
Added: Apr 13 Changed: Aug 8 Last Checked: Aug 11 at 11:27AM

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 Horvath & Tremblay

Investment Insights

Based on property information with market context.

The multifamily investment property at 575 North Main Street in Fall River, MA, features a four-story building with eighteen units. The unit mix includes eight 2-bedroom/1-bathroom units, four 1-bedroom/1-bathroom units, and six studio units. The building has 15,854 square feet of gross living area within a total gross area of 16,416 square feet. Situated on a 0.37-acre parcel, the property provides twenty-five off-street parking spaces. Located along North Main Street near downtown Fall River, the property offers visibility and convenient access to residential neighborhoods. It provides quick connections to Route 79, Route 24, and I-195, facilitating regional access to Providence, Greater Boston, the South Coast, and Cape Cod. The location is near retail, dining, waterfront attractions, and community amenities. The property has a Walk Score of 82, indicating it is Very Walkable, a Bike Score of 54, indicating it is Bikeable, and a Transit Score of 40, indicating Some Transit.

Key Highlights

  • Eighteen (18) total units with a mix of 2‑Bedroom, 1‑Bedroom, and Studio options.
  • Features twenty‑five (25) off‑street parking spaces.
  • Located near downtown Fall River with strong visibility.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop Pet Grooming Service Florist Restaurant

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

1,706
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 - Eighteen-unit multifamily property in Fall River with convenient access.
Where is this apartment building located?
The property is located at 575 North Main St Fall River, MA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Eighteen (18) total units with a mix of 2‑Bedroom, 1‑Bedroom, and Studio options.; Features twenty‑five (25) off‑street parking spaces.; Located near downtown Fall River with strong visibility.
More about this property
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