55 Prospect St, Fall River, MA 02720
Property image
Property image
OFF MARKET

55 Prospect St
Fall River, MA 02720

  • 8 Beds
  • 4 Baths
  • 3,251 sqft

$709,500

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $4,287/mo*
Refinance Your Home

$709,500

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $4,287/mo*
Refinance Your Home
8 Beds
4 Baths
3,251 sqft

Home Value

Trulia Estimate
$710K
Since last month
Decreased$800 (-0.1%)
Since last year
Increased$15K (+2.1%)
Since last sale
Increased$378K (+113.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +479% in the last 10 years
MonthEstimated value
2026
August 2026$710K
July 2026$710K
June 2026$728K
May 2026$719K
April 2026$712K
March 2026$699K
February 2026$706K
January 2026$695K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
300 Read St, Somerset, MA
0.09
Multi-Family Home
$836,000
03/06/26
8
3
3,367
72 2nd St, Somerset, MA
0.11
Multi-Family Home
$629,000
05/18/26
5
2.5
2,160
1000 Riverside Ave, Somerset, MA
0.56
Multi-Family Home
$765,000
01/09/26
6
2
2,592
96 Wellington St, Fall River, MA
1.01
Multi-Family Home
$710,000
12/19/25
6
4
3,900
159 Brayton Ave, Somerset, MA
0.80
Multi-Family Home
$445,000
02/24/26
5
3.5
3,376
89 McDonald St, Fall River, MA
1.11
Multi-Family Home
$450,000
09/19/25
6
3
2,897
200 Essex St, Fall River, MA
1.07
Multi-Family Home
$750,000
11/20/25
9
3
3,114
1022 Riverside Ave, Somerset, MA
0.55
Multi-Family Home
$650,000
05/15/26
4
2
2,422
212 Brightman St, Fall River, MA
1.12
Multi-Family Home
$712,000
08/07/26
9
3
3,699
177 Crescent St, Fall River, MA
1.21
Multi-Family Home
$645,000
10/24/25
9
3
3,294

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
119 Prospect St, Somerset, MA 02726
0.05
$685,000
3
2
2,902
Off Market
125 George St, Somerset, MA 02726
0.06
$510,000
3
2
1,596
Recently Sold
38 2nd St, Somerset, MA 02726
0.09
$385,000
2
1
776
Recently Sold
368 Read St, Somerset, MA 02726
0.04
$480,000
3
1
1,529
Recently Sold
410 Read St, Somerset, MA 02726
0.06
$478,600
3
1
1,335
Off Market
420 Read St, Somerset, MA 02726
0.06
$511,100
3
1.5
1,222
Off Market
72 2nd St, Somerset, MA 02726
0.11
$629,000
5
2.5
2,160
Recently Sold
300 Read St, Somerset, MA 02726
0.09
$836,000
8
3
3,367
Recently Sold
162 Fairview Ave, Somerset, MA 02726
0.08
$534,900
3
2
1,144
Off Market
329 Read St, Somerset, MA 02726
0.09
$512,100
3
1.5
1,488
Off Market
185 4th St, Somerset, MA 02726
0.15
$531,300
4
2
2,300
Off Market
138 4th St, Somerset, MA 02726
0.17
$548,700
3
2.5
1,344
Off Market

Local Information

  • Map ViewExplore the area around 55 Prospect St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900
Living Area
3,251 sqft
Price/Sqft
$218
Parking
Garage

About this House

Fall River ! MONEY MAKER 50K+ Cash Flow ~ Awesome 4 family with fantastic water views ! 3 units occupied by long term tenants. 2nd floor 3 bedroom unit to be delivered vacant. Many upgrades since 2018. New Roof ~New Chimney liner~Electric panels~New Hot Water Heaters~ Coin op Laundry units for tenants.Beautiful refinished floors unit 2, freshly painted. Steps to route 24 & 79. Shared driveway to rear property. Bring your offer ! 24 hour notice to show. Offers due by 12 n Monday 4/19.
55 Prospect St, Fall River, MA 02720 is a 8 bedroom, 4 bathroom, 3,251 sqft multi-family built in 1900. It last sold for $332,000 on Apr 14, 2018. It is currently off market. The Trulia Estimate is $709,500, with a rent estimate of $2,233/month.

Home Details for 55 Prospect St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Interior Details
Number of Rooms: 11
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1900Year Updated: 1990
Property Type / Style
Property Type: Multi FamilyArchitecture: Conventional

Community

Units in Building: 4

Lot Information

Lot Area: 3049 sqft

Price and Tax history

DateEventPrice
Apr 26, 2021
Source: RE/MAX International #72813636
Pending
$499,999
Apr 26, 2021
Source: MLS PIN #72813636
Contingent
$499,999
Apr 25, 2021
Source: MLS PIN #72813636
PendingToActive
$499,999
Apr 22, 2021
Source: RE/MAX International #72813636
Pending
$499,999
Apr 21, 2021
Source: MLS PIN #72813636
Contingent
$499,999

Market trends in Somerset

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
35
5MoM

Around this home

What Locals Say about Somerset

At least 109 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 93 % Say it's dog friendly

  • 90 % Say parking is easy

  • 83 % Say yards are well-kept

  • 80 % Say people would walk alone at night

  • 76 % Say there's holiday spirit

  • 72 % Say it's quiet

  • 69 % Say kids play outside

  • 63 % Say they plan to stay for at least 5 years

  • 62 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 52 % Say it's walkable to restaurants

  • 47 % Say streets are well-lit

  • 44 % Say there are sidewalks

  • 37 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 11d30v99
    "Very quiet, peaceful. Neighbors are friendly, or keep to themselves. Beautiful during all seasons. Love living here."
    0
    Flag
  • Brian Leary
    "Quiet neighborhood but expensive to live, light traffic with easy access to supermarkets retailers and the water "
    0
    Flag
  • Nickiangel211
    "Great town for dogs and walking them safely. This town is absolutely safe and secure. I grew up here and it’s a great town to raise children also. "
    0
    Flag
  • Katieance17
    "Quiet, older crowd, great to be around. Great school system, lots of recreational activities for kids and adults. "
    0
    Flag
  • MadMaddy
    "Nice neighborhood, very quiet. Where I am it is pretty secluded. Good place to go for a walk. Close enough to get on major highways. "
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    Flag
  • Pjgi4d
    "lots of nice walks. many other dog owners in the town. handful of fields available to let a dog run."
    0
    Flag
  • Patricia.backus
    "Small quiet neighborhood...everyone looks out for each other. Have lived here 30 years ...never a problem!"
    0
    Flag
  • Dmongeo1
    "awesome place to have grown up and lived in. Schools are excellent. I would recommend it to anyone. "
    0
    Flag
  • Pjgi4d
    "Somerset is a dog friendly community and very family oriented. With that said, dogs do not typically run free. Owners are responsible."
    0
    Flag
  • Kristinamarchand
    "Friendly, Family orientated and pet friendly. Everyone watches out for one another. Great walking neighborhood with waterfront views."
    0
    Flag
  • Jgomes82
    "low crime rate. police and fire fighters are minutes away. nice neighbors and people respect each other. not enough diversity though"
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  • Lelia6144
    "I’ve lived in Somerset 21 years & love this town. Its an overall safe community with good schools. "
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    Flag
  • Brent B.
    "Great family area with blue ribbon schools. Convenient to all major amenities."
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  • lorenskulla
    "Somerset is one of the best communities in the State. Close to everything, yet has a hometown feel. Great school system, safe and secure town without riff-raff. Wouldn't want to live anywhere else."
    0
    Flag
  • spagojm1
    "moved down this way from plymouth mass . benn in this area for more then 15yrs and lived in this home for 10 awsome location for everything and nice town to live in . acesable to just about antthing!!."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 55 Prospect St

  • What is 55 Prospect St estimated to be worth?
    Trulia's estimated value for 55 Prospect St in Fall River, MA is $709,500.
  • What is the price history for 55 Prospect St?
    55 Prospect St in Fall River, MA last sold for $332,000 in April 2018.
  • Is Fall River a buyer's or seller's market?
    Fall River is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Fall River?
    Residents describe Fall River, MA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Fall River, MA.

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