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5-9 Family at 131 Thomas St, Fall River MA 02723
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35 photos

$979,000

131 Thomas St, Fall River MA 02723
Fall River, MA 02723
Listed by Daniel Quintal
Bedrooms
17
Bathrooms
6
Living area
4,704 sqft
Year built
1900

About this home

Attention Investors! Turn key 6 unit currently fully occupied. All utilities are separated and paid for by the tenants. all six units have de-lead certificates. Many updates throughout the years including brand new fire panel and roof approximately 10 years ago. Driveway could easily be extended to offer even more off-street parking. Rents are currently below market. Do not miss out on this great investment in a community on the rise!

Property details

MLS
MLS Property Information Network
MLS #
73522395
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
155
On market date
May 21, 2026
Stories
5
Total bathrooms
6
Garage spaces
N/A
Parking spaces
4
Lot size
0.1 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.

Elementary
Samuel Watson
0.6 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
0.48 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
0.71 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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks12
Schools14
Transit stops20
Pharmacies5

Market position

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

On the market 155 days -- 44 more days than Fall River's current average of 111 days.
For reference, the median list price across 733 active listings in Fall River right now is $375,000.

Mortgage calculator

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Est. monthly payment
$6,046/mo
$195,800 down
$783,200 loan
Principal & interest$5,080
Property tax (est.)$816
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 6 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.