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3 Family at 28 Meadow Street, Fall River
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$699,974

28 Meadow Street
Fall River, MA 02720
Listed by Mission Impossible Team
Bedrooms
9
Bathrooms
3
Living area
3,672 sqft
Year built
1900

About this home

Discover an exceptional investment or owner-occupant opportunity at this spacious 3-family property in Fall River! Each unit offers 3 bedrooms, 1 full bathroom, separate gas and electric utilities, and a private deck with beautiful views of the Taunton River and Battleship Cove. Unit 1 is leased at $2,000/month through September 30, 2027, while Unit 3 is occupied by a tenant-at-will paying $2,300/month, providing $4,300 in existing monthly rental income. Additional highlights include 4 off-street parking spaces, a shared backyard, generous attic and basement storage, and a new sewer line installed in 2025. Conveniently located near downtown Fall River, waterfront attractions, major highways, and the South Coast Rail commuter service connecting Fall River to Boston. Whether you're expanding your investment portfolio or exploring an owner-occupied multifamily opportunity, this property offers space, income, and an excellent location. Schedule your showing today!

Highlights

View

Property details

MLS
MLS Property Information Network
MLS #
73597897
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
November 2, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
4
Lot size
0.11 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
John J Doran
0.5 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
0.88 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
0.32 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).

97
Highly walkable
out of 100
EPA National Walkability Index
18.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks19
Schools20
Transit stops20
Pharmacies3

Market position

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

On the market 1 days -- 116 fewer days than Fall River's current average of 117 days.
For reference, the median list price across 758 active listings in Fall River right now is $367,450.

Mortgage calculator

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

Adjust tax / insurance estimates
Est. monthly payment
$4,365/mo
$139,995 down
$559,979 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 1 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.