Condominium at 540 Cherry # 1, Fall River MA 02720
Condominium at 540 Cherry # 1, Fall River MA 02720, photo 2 of 11
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Condominium at 540 Cherry # 1, Fall River MA 02720, photo 11 of 11
11 photos

$204,900

540 Cherry # 1, Fall River MA 02720
Fall River, MA 02720
Listed by John Dator III
Bedrooms
2
Bathrooms
1
Living area
605 sqft
Year built
1900

About this home

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!

Property details

MLS
MLS Property Information Network
MLS #
73520102
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
162
On market date
May 15, 2026
Stories
1
Total bathrooms
1
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Mary Fonseca Elementary School
0.61 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
666
Student:teacher ratio
16.2:1
District
Fall River
Middle
Morton Middle
0.79 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
694
Student:teacher ratio
13.3:1
District
Fall River
High
Resiliency Preparatory Academy
0.17 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
109
Student:teacher ratio
5.7:1
District
Fall River

Walkability

Blended score for Fall River's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

87
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Google Places 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 162 days -- 50 more days than Fall River's current average of 112 days.
For reference, the median list price across 736 active listings in Fall River right now is $375,000.

Mortgage calculator

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

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Est. monthly payment
$1,384/mo
$40,980 down
$163,920 loan
Principal & interest$1,063
Property tax (est.)$171
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 7, 2026.

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.