HomeFall River5-9 Family423 Division St, Fall River MA 02721
423 Division St, Fall River MA 02721 — photo 1 of 21 / 2
$1,300,000
423 Division St, Fall River MA 02721
6 units · 18 bd · 6 ba · 5,157 sqft · $216,667/unit
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INVESTMENT SNAPSHOT

Signal Score90 / 100
Est. Cap Rate5.4%
GRM12.0
Gross Scheduled Income$107,973/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Solid 6-family investment property with strong income potential in a convenient location. Features spacious units, separate utilities, and a detached garage offering valuable off-street parking and additional storage. Ideal for investors or owner-occupants looking to build equity and generate rental income. Conveniently located near shopping, schools, public transportation, and major routes. Property set back from the main street. Seller will consider package sale with MLS#73515539.

Property details

Units6
Living area5,157 sqft
Lot size5,899 sqft
Year built1900
Price / sqft$252
CountyBristol
MLS #73515530

Listing status

Days on market16 days
Listed onMay 7, 2026

Taxes & financials

Annual property tax$8,462
Tax year2025
Assessed value$739,000
ZoningA-2
Gross income (actual)$115,200/yr
Net operating income (actual)$115,200/yr
Total actual rent$11,500/mo

Building & lot

Stories3
Total rooms30
Lot size0.14 acres
Garage spaces2
Parking spaces2
ParkingPaved Drive, Other
BasementFull
FoundationOther
RoofShingle
ConstructionFrame
FlooringVaries, Laminate

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range

Location

More about investing in Fall River

Listing courtesy of Amaral & Associates RE — Gilnerys Santana. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 423 Division St, Fall River MA 02721 have?

It is a 6-unit multi-family property with 5,157 sqft of living area, built in 1900.

How long has 423 Division St, Fall River MA 02721 been on the market?

423 Division St, Fall River MA 02721 has been listed for 16 days (since May 7, 2026).

What is the estimated cap rate on this 6-family in Fall River?

Based on area median rents, the estimated cap rate is about 5.4%, with a Signal Score of 90/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,300,000 across 6 units, that works out to roughly $216,667 per unit.

What are the property taxes on 423 Division St, Fall River MA 02721?

Annual property taxes are $8,462 (2025), on an assessed value of $739,000.

What is the price per square foot?

At $1,300,000 for 5,157 sqft, that's about $252 per square foot.

Is there parking?

2 garage spaces and 2 total parking spaces (paved drive, other).

Where is this property located?

423 Division St, Fall River MA 02721 is in Fall River, Bristol County, MA 02721.

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