2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River
2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River, photo 2 of 16
2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River, photo 3 of 16
2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River, photo 4 of 16
2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River, photo 5 of 16
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2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River, photo 7 of 16
2 Family - 2 Units Up/Down at 199 Purchase St, Fall River MA 02721, Fall River, photo 8 of 16
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16 photos

$625,000

199 Purchase St, Fall River MA 02721
Fall River, MA 02721
Listed by Michelle R Moniz
Bedrooms
4
Bathrooms
2
Living area
2,772 sqft
Year built
1900

About this home

Great opportunity to own a two-family property in Fall River’s downtown district. This home is in good condition and currently fully occupied, offering immediate rental income potential. Both units feature hardwood floors and pantry kitchens equipped with stoves and refrigerators. The attic may offer potential for additional bedroom space, subject to all necessary approvals and building requirements. A small yard and off-street parking add to the property’s appeal. A great opportunity for investors looking to add an income-producing property to their portfolio! or an owner occupant buyer

Highlights

View

Property details

MLS
MLS Property Information Network
MLS #
73591152
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
4
On market date
October 14, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.08 acres
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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
John J Doran
0.67 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
Morton Middle
0.83 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
0.09 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).

88
Highly walkable
out of 100
EPA National Walkability Index
15.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

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

On the market 4 days -- 106 fewer days than Fall River's current average of 110 days.
For reference, the median list price across 720 active listings in Fall River right now is $379,000.

Mortgage calculator

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

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Est. monthly payment
$3,914/mo
$125,000 down
$500,000 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 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.