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Duplex with Detached Garage
For Sale
$669,000

74 California Street, Fall River, MA 02723

Residential Income, Fall River, MA

Property Size2,391 SF
Lot Size0.14 Acres
Price / SF$279.80
Days on Market96

Property Features for 74 California Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning S
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 2
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
Listed By: Eddie Lopez
Added: Jul 15 Changed: Oct 16 Last Checked: Oct 18 at 2:06AM
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 2,391-square-foot duplex on a 0.1434-acre lot was built in 1925 and will be delivered vacant. The finished third floor has a bedroom, full bathroom, half bath, living area, and built-in desk. The property also includes an enclosed front porch, balcony, two decks, a full basement with laundry hookups and backyard access, and a detached garage. Updates have been made to the second and third levels, and the roof was installed in 2023.

A long driveway provides off-street parking. The property is zoned S.

Key Highlights

  • Two‑family property with 2,391 square feet on a 0.1434‑acre lot
  • Finished third floor includes a bedroom, full bathroom, half bath, living area, and built‑in desk
  • Detached garage and long driveway for 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 (±1% cap)
NOI $42,730 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$567.3K
$496.4K – $661.8K (±1% cap)
NOI $39,710 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M (±1% cap)
NOI $101,925 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Cafe & Coffee Shop Skin Care Clinic Kitchen & Bath Showroom Carpet & Flooring Store Acupuncture

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

442
Businesses Nearby

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
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 - Delivered vacant, the property includes a finished third-floor living area and outdoor spaces overlooking the backyard.
Where is this duplex located?
The property is located at 74 California Street 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 on a 0.1434‑acre lot; Finished third floor includes a bedroom, full bathroom, half bath, living area, and built‑in desk; Detached garage and long driveway for off‑street parking
More about this property
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