2 Family - 2 Units Up/Down at 283 Fifth St, Fall River MA 02721, Fall River
2 Family - 2 Units Up/Down at 283 Fifth St, Fall River MA 02721, Fall River, photo 2 of 9
2 Family - 2 Units Up/Down at 283 Fifth St, Fall River MA 02721, Fall River, photo 3 of 9
2 Family - 2 Units Up/Down at 283 Fifth St, Fall River MA 02721, Fall River, photo 4 of 9
2 Family - 2 Units Up/Down at 283 Fifth St, Fall River MA 02721, Fall River, photo 5 of 9
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2 Family - 2 Units Up/Down at 283 Fifth St, Fall River MA 02721, Fall River, photo 9 of 9
9 photos

$469,000

283 Fifth St, Fall River MA 02721
Fall River, MA 02721
Listed by SRG Properties Group
Bedrooms
4
Bathrooms
2
Living area
1,800 sqft
Year built
1900

About this home

Exceptional investment opportunity in Fall River! This well-maintained two-family property features two spacious 2-bedroom, 1-bath units, offering strong rental potential in a high-demand market. Currently generating $2000/month in gross rental income with one VACANT UNIT available, this is ideal for investors seeking immediate cash flow. Each unit offers functional layouts, comfortable living space, and solid rental appeal. Conveniently located near local amenities, highways, and area development, this property presents long-term upside and consistent demand. A turnkey income-producing asset with strong fundamentals in a growing market.

Property details

MLS #
73554952
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
62
On market date
July 25, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John J Doran
0.53 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
495
Student:teacher ratio
13.4:1
District
Fall River
Middle
Matthew J Kuss Middle
1.25 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
707
Student:teacher ratio
13.9:1
District
Fall River
HighCharter
Argosy Collegiate Charter School
0.54 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
566
Student:teacher ratio
13.2:1
District
Argosy Collegiate Charter School (District)

Walkability

Blended score for Fall River's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Fall River, from live MLS data.

On the market 62 days -- 40 fewer days than Fall River's current average of 102 days.
For reference, the median list price across 665 active listings in Fall River right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,974/mo
$93,800 down
$375,200 loan
Principal & interest$2,434
Property tax (est.)$391
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 14 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.