$850,000
About this home
282 Sprague Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers a desirable unit mix of two 3-bedroom, three 2-bedroom, and one 1-bedroom apartment, with all six unitscurrently occupied and scheduled rents totaling $8,114/month, or $97,368 annually. With 13 bedrooms, 6 baths, and 5,076 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Convenientlylocated near Kennedy Park, local amenities, and Fall River waterfront attractions, this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details:Unit 1N: $1250, TAW; Unit 1S: $1000, TAW; Unit 2N: $1614, TAW; Unit 2S: $1550, TAW, Unit 3N: $1200, TAW, Unit 3S: $1500, TAW
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73558524
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 81
- On market date
- August 3, 2026
- Stories
- 4
- Total bathrooms
- 6
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1 acres
Location
Get directions →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.
- Enrollment
- 714
- Student:teacher ratio
- 14.6:1
- District
- Fall River
- Enrollment
- 707
- Student:teacher ratio
- 13.9:1
- District
- Fall River
- Enrollment
- 566
- Student:teacher ratio
- 13.2:1
- District
- Argosy Collegiate Charter School (District)
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).
Market position
How this listing compares to current activity in Fall River, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 19, 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.