199 Franklin St
Fall River, MA 02720
Bank Street
9 Beds
3 Baths
3,115 sqft
9 Beds
3 Baths
3,115 sqft
Local Information
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Description
Excellent opportunity for investors and savvy owner-occupants to acquire a fully occupied 3-family in one of Fall River's rapidly evolving markets. Featuring three spacious 3-bedroom, 1-bath units, all leased with tenants-at-will, this property offers flexibility for future rent adjustments or owner occupancy. Separate gas and electric utilities help minimize operating expenses, while 7 off-street parking spaces provide a valuable amenity for tenants. Ideally located with convenient access to downtown, major highways, shopping, and local employers. Fall River continues to see significant investment through the new South Coast Rail commuter service, waterfront redevelopment, Route 79 corridor improvements, and ongoing economic revitalization, making this an attractive long-term investment with strong upside potential. A turnkey addition to any portfolio or an excellent opportunity to begin building wealth through multifamily ownership.
Home Highlights
Parking
7 Open Spaces
Outdoor
No Info
HOA
None
Price/Sqft
$205
Listed
Less than a day ago
Home Details for 199 Franklin St
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Interior Details Basement: Full,UnfinishedNumber of Rooms: 15 |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3115 Square Feet |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Hardwood |
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Exterior Home Features Roof: ShingleFoundation: Concrete Perimeter |
Parking & Garage Open Parking Spaces: 7No GarageHas Open ParkingParking Spaces: 7Parking: Paved Drive,Off Street,Paved |
Frontage Road Frontage: PublicRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3115 |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 3 Family |
Building Construction Materials: FrameDoes Not Include Home Warranty |
Property Information Parcel Number: M:0N04 B:0000 L:0007, 2833138 |
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Price List Price: $639,999Price Per Sqft: $205 |
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MLS Status: New |
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Direction & Address City: Fall River |
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Listing Agent Listing ID: 73539673 |
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Building Area Building Area: 3115 Square Feet |
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Community Features: Public Transportation, Shopping, Highway AccessNot Senior Community |
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Lot Area: 4992 sqft |
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BasementMls Number: 73539673Above Grade Unfinished Area: 3115 |
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Public TransportationShoppingHighway Access |
Last check for updates: about 3 hours ago
Listing courtesy of Mission Impossible Team, (781) 629-2258
United Brokers, (781) 629-2258
Kevin Ochoa, (857) 753-7184
Source: MLS PIN, MLS#73539673
Also Listed on MLS PIN.
Market trends in Fall River
Last updated May 2026
Avg. sale price
$411K
$3.33KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$291
$26MoM
Available listings
154
23MoM
Price History for 199 Franklin St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/22/2026 | $639,999 | Listed For Sale | MLS PIN #73539673 |
| 09/10/2021 | $403,000 | Sold | MLS PIN #72850548 |
| 08/02/2021 | $399,900 | Pending | MLS PIN #72850548 |
| 07/04/2021 | $399,900 | PendingToActive | MLS PIN #72850548 |
| 06/26/2021 | $399,900 | Pending | MLS PIN #72850548 |
| 06/16/2021 | $399,900 | Listed For Sale | MLS PIN #72850548 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,929 |
| Assessment | $517,800 |
Home facts updated by county records
Comparable Sales for 199 Franklin St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $650,000 | 10/17/25 | 6 | 2 | 3,052 | |
0.51 | Multi-Family Home | $462,000 | 05/08/26 | 9 | 3 | 3,077 | |
0.22 | Multi-Family Home | $610,000 | 12/31/25 | 7 | 3 | 2,720 | |
0.40 | Multi-Family Home | $695,000 | 10/29/25 | 9 | 3 | 3,660 | |
0.32 | Multi-Family Home | $585,000 | 03/31/26 | 11 | 3 | 2,833 | |
0.15 | Multi-Family Home | $635,000 | 04/02/26 | 8 | 6.5 | 3,810 | |
0.05 | Multi-Family Home | $799,900 | 11/13/25 | 7 | 6 | 4,320 | |
0.03 | Multi-Family Home | $801,000 | 07/17/25 | 6 | 5 | 4,200 | |
0.33 | Multi-Family Home | $500,000 | 03/12/26 | 6 | 2 | 2,748 | |
0.45 | Multi-Family Home | $570,000 | 03/02/26 | 6 | 3 | 2,519 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETJessica Dispirito, LPT Realty - Home & Key Group
SOLDNOV 13, 2025The J. Pavao Team, Keller Williams South Watuppa
SOLDOCT 17, 2025Josue Rodriguez, RE/MAX Vantage
OFF MARKETLatia Lopes, Media Realty LLC
SOLDAPR 21, 2026John Ray, LPT Realty - Home & Key Group
SOLDMAR 31, 2026Zachary Midwood, Divine Real Estate, Inc.
FOR SALEDaniela Afonso, Century 21 North East
OFF MARKETCindy Ferry, Keller Williams South Watuppa
OFF MARKETThe Jennifer Mello Team, The Mello Group, Inc.
OFF MARKETKaren McLinden, Beautiful Day Real Estate
Assigned Schools
These are the assigned schools for 199 Franklin St.
- B M C Durfee High School
- 9-12
- Public
- 2676 Students
2/10GreatSchools RatingParent Rating AverageI love this school, they are very supportive and the cheer team is amazing.Parent Review3y ago - Morton Middle School
- 6-8
- Public
- 672 Students
3/10GreatSchools RatingParent Rating AverageHello. I am a Morton Alumni currently in their freshman year of highschool. I would recommend that families steer clear of this school for their own good. For starters, the kids run the school here and teachers are constantly getting bullied out of their jobs. The teacher shortage was very apparent in all three of my years here. Please also note that the teachers here are 50/50. Some of them are incredibly sweet and understanding of the kids, but others genuinely should not be able to work with children. A lot of the admin are also oblivious to whatever happens around the school. One of the vice principals is very harsh with the students and often yells or gives out Saturday detentions. I would also like to say that if you are a parent of a special education child, do not send your kid here. The bullying, especially bullying of special needs children, is very bad here, and the admin let kids get picked on and harassed daily with seemingly no punishments for the aggressor. The school also had around 800 kids and only two security guards there total, though it might have changed during the 2025-2026 school year. I would now like to shout out some of my favorite teachers from the school. If your child has Mrs. Carvalho for seventh grade English, or Mr. Carvalho for eighth grade math, they are in good hands. I learned a lot in their classes and they are very understanding to students. I'm going to end this review by saying that my time at this school had good parts, such as friendships and the eighth grade field trip, but I feel as though the bad outweighs the good. Please reconsider sending your child to Morton.Other Review4mo ago - Westall
- K-5
- Public
- 319 Students
3/10GreatSchools RatingParent Rating Average
No reviews available for this school. 
Check out schools near 199 Franklin St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Bank Street
At least 1 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say there are community events
100 % Say they plan to stay for at least 5 years
100 % Say it's dog friendly
100 % Say streets are well-lit
100 % Say there are sidewalks
100 % Say people would walk alone at night
100 % Say it's walkable to grocery stores
100 % Say car is needed
75 % Say it's walkable to restaurants
50 % Say neighbors are friendly
50 % Say there's wildlife
50 % Say yards are well-kept
50 % Say kids play outside
50 % Say there's holiday spirit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mission Impossible Team, United Brokers, (781) 629-2258
Agent Phone: (781) 629-2258
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
199 Franklin St, Fall River, MA 02720 is a 9 bedroom, 3 bathroom, 3,115 sqft multi-family built in 1900. 199 Franklin St is located in Bank Street, Fall River. This property is currently available for sale and was listed by MLS PIN on Jun 22, 2026. The MLS # for this home is MLS# 73539673.