INNOVATE Real Estate
2 Family - 2 Units Up/Down at 190 Raymond St, Fall River MA 02723, Fall River
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$499,000

190 Raymond St, Fall River MA 02723
Fall River, MA 02723
Listed by Fatima Pires
Bedrooms
4
Bathrooms
2
Living area
2,132 sqft
Year built
1930

About this home

Two-Family Opportunity in a great location. Nicely updated 2-family in a great 02723 location with easy highway access, off-street parking and a private backyard. Unit 1 features 3 bedrooms, a spacious kitchen and is already leased through May 2027, offering built-in rental income from day one. Unit 2 is also a 3 bedroom unit, but has additional space that may be utilized as a bonus room or an office, or anything else that may suit your needs. Nicely maintained outdoor space, roof was done in 2023 so whether you're looking to owner-occupy or add to your investment portfolio, this one -checks all the boxes.

Property details

MLS #
73564840
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
51
On market date
August 18, 2026
Stories
2
Total bathrooms
2
Garage spaces
1
Parking spaces
5
Lot size
0.12 acres

Location

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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Samuel Watson
0.06 mi away · Grades 0-5
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
241
Student:teacher ratio
13.4:1
District
Fall River
Middle
Talbot Innovation School
0.64 mi away · Grades 6-8
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
620
Student:teacher ratio
11.7:1
District
Fall River
High
Diman Regional Vocational Technical High
1.07 mi away · Grades 9-12
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
1,421
Student:teacher ratio
11.1:1
District
Greater Fall River Regional Vocational Technical

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).

81
Highly walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks10
Schools10
Transit stops20
Pharmacies2

Market position

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

On the market 51 days -- 55 fewer days than Fall River's current average of 106 days.
For reference, the median list price across 699 active listings in Fall River right now is $389,000.

Mortgage calculator

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

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 22, 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.