516-520 Third St Fall River — Photo 1 of 32
Recent Drop: $100,000
$1,200,000
516-520 Third St, Fall River, MA 02721
Fall River, MA 02721
Beds
15
Baths
9
SqFt
6,282
Style
5+ Family - 5+ Units Up/Down
Built
1900
Presenting a well-maintained and fully rented 6-unit multifamily property located at 516–520 Third Street in Fall River. This turnkey investment offers immediate cash flow and strong rental stability, making it an excellent addition to any portfolio.The property has undergone recent renovations, including new exterior siding and updated electrical systems, ensuring reduced maintenance and long-term durability. All units are currently occupied, providing consistent income from day one.Conveniently situated near local parks, major highways, shopping, and other amenities, the location is highly attractive to tenants and supports continued rental demand.This is a solid income-producing asset in a growing market, ideal for investors seeking both stability and upside potential.
Key facts
It was listed on May 2, 2026. The price has come down from an original $1,300,000 to $1,200,000, most recently on August 27, 2026. The annual property taxes are $8,000. It sits on a 0.11-acre (5,009 sq ft) lot.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Fall River, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$1,200,000
Was $1,300,000
Aug 27, 2026
MLS® 73511587
$1,300,000
May 2, 2026
MLS® 73511587
Questions about this home
When was 516-520 Third St, Fall River listed?
516-520 Third St, Fall River was listed on May 2, 2026.
Has the price of 516-520 Third St, Fall River changed?
The price has come down from an original $1,300,000 to $1,200,000, most recently on August 27, 2026.
What are the property taxes for 516-520 Third St, Fall River?
The annual property taxes for 516-520 Third St, Fall River are $8,000.
How big is the lot at 516-520 Third St, Fall River?
516-520 Third St, Fall River sits on a 0.11-acre (5,009 sq ft) lot.
What is the status of 516-520 Third St, Fall River?
516-520 Third St, Fall River is actively listed for sale.
Population
26,521
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$53K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
65.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Bristol County
1,079 housing units permitted in the last 12 months (+41% vs the prior 12 months) — 501 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Stephanie Barreau
Listing Office: Vicente Realty, LLC
MLS® Number: 73511587
