$1,200,000
Original price: $1,300,000
15 Beds
9 Baths
6,282 sqft
516-520 3rd St, Fall River, MA 02721
Est. Mortgage $7,512/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1900
$191/sqft
4 Open Spaces
Local Information
- Map ViewExplore the area around 516-520 3rd St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Updated electrical systemsNew exterior siding
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.
Last check for updates: about 17 hours ago
Listing courtesy of Stephanie Barreau, (617) 953-5827
Vicente Realty, LLC, (508) 944-3144
Source: MLS PIN, MLS#73511587
Home Details for 516-520 3rd St
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Interior Details Basement: UnfinishedNumber of Rooms: 32 |
Beds & Baths Number of Bedrooms: 15Number of Bathrooms: 12Number of Bathrooms (full): 6Number of Bathrooms (half): 6 |
Dimensions and Layout Living Area: 6282 Square Feet |
Fireplace & Spa No FireplaceNo Spa |
Levels, Entrance, & Accessibility Number of Stories: 10 |
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Exterior Home Features Foundation: Concrete Perimeter |
Parking & Garage Open Parking Spaces: 4No GarageHas Open ParkingParking Spaces: 4Parking: Paved Drive |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 6282 |
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Days on Market: 180+ |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Family - 5+ Units Up/Down |
Building Does Not Include Home Warranty |
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Price List Price: $1,200,000Price Per Sqft: $191 |
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MLS Status: Active |
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Direction & Address City: Fall River |
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Listing Agent Listing ID: 73511587 |
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Building Area Building Area: 6282 Square Feet |
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Not Senior Community |
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Lot Area: 5009 sqft |
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BasementMls Number: 73511587Above Grade Unfinished Area: 6282 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 27, 2026 Source: MLS PIN #73511587 | PriceChange | $1,200,000 Price decreased by 8% |
May 2, 2026 Source: MLS PIN #73511587 | Listed For Sale | $1,300,000 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Corky Row
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say they plan to stay for at least 5 years
100 % Say it's walkable to grocery stores
100 % Say it's walkable to restaurants
100 % Say there are sidewalks
100 % Say neighbors are friendly
67 % Say there are community events
50 % Say people would walk alone at night
50 % Say kids play outside
33 % Say there's wildlife
33 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
Market trends in Fall River
Last updated September 2026
Avg. sale price
$438K
$1.33KMoM
Sale-to-List Price
100.1%
Price per sq ft
$253
$2MoM
Available listings
152
7MoM
Sourced by Trulia Market Trends
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $1,200,000 | 11/13/25 | 15 | 8 | 8,298 | |
0.13 | Multi-Family Home | $950,000 | 04/16/26 | 14 | 5 | 5,647 | |
0.23 | Multi-Family Home | $1,150,000 | 07/21/26 | 10 | 8 | 6,472 | |
0.20 | Multi-Family Home | $821,500 | 07/15/26 | 12 | 6 | 5,096 | |
0.18 | Multi-Family Home | $1,070,000 | 12/02/25 | 15 | 7 | 5,564 | |
0.40 | Multi-Family Home | $735,000 | 07/24/26 | 13 | 6 | 5,992 | |
0.27 | Multi-Family Home | $1,275,000 | 05/21/26 | 18 | 6 | 7,404 | |
0.12 | Multi-Family Home | $605,000 | 12/16/25 | 5 | 5 | 5,604 | |
0.24 | Multi-Family Home | $860,000 | 05/22/26 | 14 | 6 | 3,417 | |
0.38 | Multi-Family Home | $707,000 | 10/30/26 | 17 | 6 | 6,009 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | 15 | 6 | 6,282 | Off Market | |
0.00 | - | 3 | 1 | 1,200 | Off Market | |
0.00 | - | 3 | 1 | 1,200 | Off Market | |
0.00 | - | 3 | 1 | 1,200 | Off Market | |
0.00 | - | - | - | - | Off Market | |
0.01 | $430,100 | 4 | 3 | 2,275 | Off Market | |
0.01 | $221,800 | 3 | 1 | 1,001 | Off Market | |
0.01 | $264,600 | 3 | 1 | 941 | Off Market | |
0.01 | $296,800 | 3 | 1 | 800 | Off Market | |
0.01 | $229,400 | 3 | 1 | 1,001 | Off Market | |
0.01 | $217,700 | 3 | 1 | 940 | Off Market | |
0.01 | $230,500 | 3 | 1 | 1,001 | Off Market | |
0.01 | $213,500 | 2 | 1 | 1,001 | Off Market | |
0.01 | $230,800 | Studio | 1 | 1,001 | Off Market | |
0.01 | $232,100 | 3 | 1 | 1,001 | Off Market | |
0.01 | $222,000 | 3 | 1 | 1,001 | Off Market | |
0.01 | $281,500 | 3 | 1 | 1,001 | Off Market | |
0.02 | $245,000 | 3 | 1 | 1,001 | For Sale | |
0.02 | $170,000 | 3 | 1 | 941 | For Sale | |
0.02 | $1,950,000 | 30 | 10 | 11,772 | For Sale |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stephanie Barreau, Vicente Realty, LLC, (508) 944-3144
Agent Phone: (617) 953-5827
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.
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Frequently asked questions about 516-520 3rd St
- What is the estimated monthly payment for 516-520 3rd St?Based on a $1,200,000 list price with 20% down at today's rates, the estimated monthly payment for 516-520 3rd St in Fall River, MA is approximately $7,598 (about $6,473 principal & interest, $1,050 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 516-520 3rd St compare to homes in Fall River?516-520 3rd St in Fall River, MA is listed at $1,200,000, about 174% above the $438K median sale price in Fall River.
- What are the closest schools to 516-520 3rd St?The closest schools to 516-520 3rd St in Fall River, MA are B M C Durfee High School (rated 2/10), Henry Lord Community School (Elementary/Middle, rated 4/10).
- Does 516-520 3rd St have parking?Yes, 516-520 3rd St in Fall River, MA has on-site parking.