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Two-Unit Duplex with Detached Garage
New
For Sale
$460,000

580 Pine St, Fall River, MA 02720

Residential Income, Fall River, MA

Property Size2,194 SF
Lot Size0.25 Acres
Price / SF$209.66
Days on Market3

Property Features for 580 Pine St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning A-2
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2
Parking 8
Fireplace 1
Directions Robeson to Pine Street.
Standard status Active
APN M:000M B:0027 L:0032,2832839
Size 2,194 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4917

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Buildings 1
Listing Agency: RE/MAX Vantage · RE/MAX International
Listed By: Eddie Lopez
Added: Oct 23 Last Checked: Oct 25 at 7:06AM
MLS# 73594690

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.

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Investment Insights

Based on property information with market context.

This 2,194-square-foot duplex, built in 1900, contains two units. The first-floor unit has three bedrooms, an eat-in kitchen, and a large living area. Upstairs are two bedrooms, a bonus room, a living room, and a second eat-in kitchen. Both apartments have entrances at the front porch and back patio, plus access to the basement. Interior details include original hardwood floors and a fireplace. The property also includes a detached two-stall garage with electricity and an upper level, along with off-street parking and a 0.2508-acre backyard. Gas service, newer hot water tanks, separate electric panels, and a house meter are in place.

The property is one block from Ruggles Park, which has basketball courts, a ball field, a playground, and walking paths. Commuter rail, public transportation, highway access, and the waterfront are also noted nearby.

Key Highlights

  • Two units: first floor has 3 bedrooms; second floor has 2 bedrooms and a bonus room
  • 2,194 square feet on a 0.2508‑acre lot
  • Detached 2‑stall garage has electricity and an upper level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,209
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,180 $784.2K
Cap Rate 7%
$560,129 $560.1K
Cap Rate 9%
$435,656 $435.7K
Market Conditions
NOI Build-Up for 2,194 SF
Gross rent
$60.6K $27.60/SF
− Vacancy
−$4.5K −$2.07/SF
EGI
$56.0K $25.53/SF
− OpEx
−$16.8K −$7.66/SF
NOI
$39.2K $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 Rate 5%
$784,180
Cap Rate 7%
$560,129
Cap Rate 9%
$435,656

Alternative Uses

Best Use
Multifamily LT 5
$560.1K
$490.1K – $653.5K (±1% cap)
NOI $39,209 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$520.5K
$455.5K – $607.3K (±1% cap)
NOI $36,438 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,528 @ 7.0% cap · market cap 20.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,350
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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate electric panels, gas service, and a backyard accompany two residential units with independent front and rear entrances.
Where is this duplex located?
The property is located at 580 Pine St Fall River, MA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Two units: first floor has 3 bedrooms; second floor has 2 bedrooms and a bonus room; 2,194 square feet on a 0.2508‑acre lot; Detached 2‑stall garage has electricity and an upper level
More about this property
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