540 Cherry St #B1, Fall River, MA 02720
Property image
Property image
FOR SALE

540 Cherry St #B1
Fall River, MA 02720

Bank Street
  • 2 Beds
  • 1 Bath
  • 605 sqft

$204,900

Original price: $209,900
Est. Mortgage $1,512/mo*

$204,900

Original price: $209,900
Est. Mortgage $1,512/mo*
2 Beds
1 Bath
605 sqft

Home Highlights

Parking
1 Parking Spaces
Climate Control
Heating & Cooling
HOA
$213/Monthly
Price/Sqft
$339
Listed
95 days ago

Local Information

  • Map ViewExplore the area around 540 Cherry St #B1.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to Highland Terrace! Full of character and charm, this lovely 2-bedroom condo is located in the desirable Highlands area of Fall River. Conveniently located near Charlton hospital, local coffee shops, restaurants, and more. This unit features off-street parking, a private balcony, and in-unit washer/dryer hookup. Enjoy low condo fees, beautiful landscaping, mature trees and a historical feel throughout the property. Come see all this charming condo has to offer!

Home Details for 540 Cherry St #B1

Interior Features

Interior Details
Number of Rooms: 4
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 605 Square Feet
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
No FireplaceNo Spa
Levels, Entrance, & Accessibility
Number of Stories: 1

Exterior Features

Parking & Garage
Open Parking Spaces: 1No GarageParking Spaces: 1
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 605

Days on Market

Days on Market: 95

Property Information

Year Built
Year Built: 1900Year Renovated: 1988
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: GardenArchitecture: Garden
Building
Building Name: Highland TerraceDoes Not Include Home Warranty
Property Information
Parcel Number: 2832950

Price & Status

Price
List Price: $204,900Price Per Sqft: $339

Active Status

MLS Status: Active

Location

Direction & Address
City: Fall River

Agent Information

Listing Agent
Listing ID: 73520102

Building

Building Area
Building Area: 605 Square Feet

Community

Not Senior Community

HOA

HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, TrashHOA Fee: $213/Monthly

Miscellaneous

BasementMls Number: 73520102Above Grade Unfinished Area: 605
Last check for updates: about 17 hours ago
Listing courtesy of John Dator III, (508) 801-5938
Professional Real Estate, (508) 678-4703
Source: MLS PIN, MLS#73520102
Also Listed on MLS PIN.

Market trends in Fall River

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$436K
$22.5K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$277
$2
MoM
Available listings
151
6
MoM

Price and Tax history

DateEventPrice
Aug 3, 2026
Source: MLS PIN #73520102
PriceChange
$204,900
Price decreased by 2%
Jun 9, 2026
Source: MLS PIN #73520102
PriceChange
$209,900
Price decreased by 5%
May 15, 2026
Source: MLS PIN #73520102
Listed For Sale
$219,900
Jul 7, 2017
Source: N/A
Sold
$57,500
May 30, 2017
Source: N/A
Sold
$23,701

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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
0.01
Condo
$215,000
03/26/26
2
1
864
0.13
Condo
$224,900
01/08/26
1
1
855
0.13
Condo
$235,000
12/29/25
1
1
920
0.44
Condo
$252,000
07/09/26
2
1
750
0.22
Condo
$340,000
08/03/26
3
2
1,154
0.77
Condo
$247,500
01/29/26
2
1
750
0.77
Condo
$289,000
06/09/26
2
1
790
0.77
Condo
$285,000
08/19/25
2
1
920
0.77
Condo
$355,000
01/29/26
2
1
950
0.77
Condo
$249,000
07/16/26
1
1
585

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
0.01
-
2
1
863
Off Market
0.01
$215,000
2
1
864
Recently Sold
0.04
$229,900
2
1
1,300
For Sale
0.04
$219,900
1
1
1,000
For Sale
0.02
$629,900
4
4
1,758
For Sale
0.04
$1,059,200
9
9
5,714
Off Market
0.05
-
8
8
4,285
Off Market
0.08
$632,000
6
2
3,067
Off Market
0.06
-
22
21
10,434
Off Market
0.07
$657,600
Studio
6
2,635
Off Market
0.11
$400,100
4
1.5
1,837
Off Market

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Jonathan Otero
    "Not for the weak people are rude and disrespectful around here they think they know everything but they don’t it’s an eye for a eye"
  • Jonathan Otero
    "Rude behavior people not cleaning up after pets unleashed arrogance all around don’t suggest for the weak hearted"
  • Cpennant2
    "Very quiet pet friendly community. Close to Charlton Hospital, museums, Battleship Cove, expressways and shopping areas."
  • Colby f.
    "My neighborhood is close to the highway it is also close to shops and convinces like the pharmacy and dry cleaners "
  • Mattc19800
    "i ws born and lived here for 28 years. a safe area in a good part of the city. easy access to food and banking."
  • Jeffmachado401
    "It’s not unique at all it’s like every other run down not very well taken care of city in the south coast today granted it does have its good areas but they are far few and inbtween "
  • hppiegirl69
    "Great neighborhood. Close to so many things. Hospitals , highways, shops and schools. A nice area for families or single people "
  • hppiegirl69
    "Nice location. Near the hospital, highway, gas stations and a few good food places. Neighbors are all friendly too "
  • hppiegirl69
    "This neighborhood is close to hospitals, highways, multiple parks and the water. So much is so close! "

LGBTQ Local Legal Protections

Frequently asked questions about 540 Cherry St #B1

  • What is the estimated monthly payment for 540 Cherry St #B1?
    Based on a $204,900 list price with 20% down at today's rates, the estimated monthly payment for 540 Cherry St #B1 in Fall River, MA is approximately $1,324 (about $1,070 principal & interest, $179 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 540 Cherry St #B1 compare to homes in Fall River?
    540 Cherry St #B1 in Fall River, MA is listed at $204,900, about 53% below the $436K median sale price in Fall River.
  • What are the closest schools to 540 Cherry St #B1?
    The closest schools to 540 Cherry St #B1 in Fall River, MA are B M C Durfee High School (rated 2/10), Morton Middle School (rated 3/10), Westall (Elementary, rated 3/10).
  • Does 540 Cherry St #B1 have air conditioning?
    Yes, 540 Cherry St #B1 in Fall River, MA has air conditioning.
  • Does 540 Cherry St #B1 have parking?
    Yes, 540 Cherry St #B1 in Fall River, MA has on-site parking.
John Dator III, Professional Real Estate, (508) 678-4703
Agent Phone: (508) 801-5938
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.
540 Cherry St #B1, Fall River, MA 02720 is a 2 bedroom, 1 bathroom, 605 sqft condo built in 1900. 540 Cherry St #B1 is located in Bank Street, Fall River. This property is currently available for sale and was listed by MLS PIN on May 15, 2026. The MLS # for this home is MLS# 73520102.