Vacant Duplex with Detached
For Sale
$669,000
74 California St, Fall River, MA 02723
Residential Income, Fall River, MA
Property Size2,391 SF
Lot Size0.14 Acres
Price / SF$279.80
Days on Market94
Property Features for 74 California St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
S
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 6
Parking
8
Directions
Please use GPS
Standard status
Active
APN
M:0J08 B:0000 L:0017,2828967
Size
2,391 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4839
Amenities
enclosed front porch
balcony
deck
detached garage
full basement
laundry hook ups
built-in desk
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Vantage · RE/MAX International
(774) 992-0297
Listed By:
Eddie Lopez
(508) 999-4424
Added: Jul 15
Changed: Oct 13
Last Checked: Oct 16 at 11:06AM
MLS# 73550010
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 two-family property offers 2,391 square feet across a main residence and a finished third-floor living area. The upper levels have been updated, and the third floor includes a bedroom, living area, full bathroom, half bathroom, and built-in desk. Other features include an enclosed front porch, balcony, two decks, a full basement with laundry hookups, and a detached garage. The property will be delivered vacant. A replacement roof was installed in 2023.
Set on a 0.1434-acre lot, the property also has a long driveway for off-street parking and a basement door opening to the backyard. Built in 1925, it is zoned S.
Set on a 0.1434-acre lot, the property also has a long driveway for off-street parking and a basement door opening to the backyard. Built in 1925, it is zoned S.
Key Highlights
- Two‑family property with 2,391 square feet
- Finished third floor with bedroom, living area, full bathroom, half bathroom, and built‑in desk
- 0.1434‑acre lot with long driveway and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,730
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,600
$854.6K
Cap Rate 7%
$610,429
$610.4K
Cap Rate 9%
$474,778
$474.8K
Market Conditions
NOI Build-Up for 2,391 SF
Gross rent
$66.0K $27.60/SF
− Vacancy
−$4.9K −$2.07/SF
EGI
$61.0K $25.53/SF
− OpEx
−$18.3K −$7.66/SF
NOI
$42.7K $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%
$854,600
Cap Rate 7%
$610,429
Cap Rate 9%
$474,778
Alternative Uses
Best Use
Multifamily LT 5
$610.4K
$534.1K – $712.2K
NOI $42,730 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$567.3K
$496.4K – $661.8K
NOI $39,710 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,925 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
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Business Placement
Demographics for 02723, MA
16,084
Population
7,976
Households
2
Avg Household Size
38
Median Age
13%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
10,053
Density / Sq Mi
$41,789
Median Household Income
$40,140
Median Earnings
$1,058
Median Rent
$312,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a full basement with laundry hookups and direct access to the backyard.
Where is this duplex located?
The property is located at 74 California St Fall River, MA.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Two‑family property with 2,391 square feet; Finished third floor with bedroom, living area, full bathroom, half bathroom, and built‑in desk; 0.1434‑acre lot with long driveway and off‑street parking
