3 Family at 315 Washington St, Fall River MA 02721
3 Family at 315 Washington St, Fall River MA 02721, photo 2 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 3 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 4 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 5 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 6 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 7 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 8 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 9 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 10 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 11 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 12 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 13 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 14 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 15 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 16 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 17 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 18 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 19 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 20 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 21 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 22 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 23 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 24 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 25 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 26 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 27 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 28 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 29 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 30 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 31 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 32 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 33 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 34 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 35 of 36
3 Family at 315 Washington St, Fall River MA 02721, photo 36 of 36
36 photos

$689,000

315 Washington St, Fall River MA 02721
Fall River, MA 02721
Listed by The Perry Team
Bedrooms
7
Bathrooms
3
Living area
2,257 sqft
Year built
1900

About this home

Not all 3-families are created equal. If you’ve been searching for a Fall River multifamily where the major updates are already done, this one deserves your attention. The first-floor unit will be delivered vacant, creating an ideal opportunity for an owner-occupant to live comfortably while having rental income from the second and third floors help offset the mortgage. This spacious 3-bedroom apartment features a private entrance, gorgeous hardwood floors, a modern bathroom, and a beautifully updated kitchen with white shaker cabinets, granite countertops, and stainless-steel appliances. The second floor also offers 3 bedrooms, new flooring, and similar modern kitchen and bathroom updates. The third-floor is a 1 bedroom unit. Beyond the cosmetic updates, the big-ticket items have been addressed. The property features three brand new Weil-McLain boilers, updated electrical panels for the first, second, and owner panels, updated exterior meters, replacement windows, a new roof, vinyl siding, and newer water heaters for all 3 floors. Each apartment also has new washer and dryer hookups in the basement, giving every tenant dedicated laundry access. Then there’s the parking...something that can make a multifamily property stand out. The owner's unit includes two off-street parking spaces with direct access to the new deck and front entrance, plus a detached 2-car garage. Add private yard space for entertaining, relaxing, or enjoying the outdoors, and you have features that are hard to replicate. Location adds another layer of appeal. You’ll be just minutes from the Fall River waterfront, Bicentennial Park, Battleship Cove, The Cove Restaurant, the waterfront boardwalk, tennis courts, boat ramp, restaurants, shopping, and transportation, with the new commuter rail connection adding even more convenience for commuters. Whether you're a first-time owner-occupant looking for a multifamily home, an investor adding to your portfolio, or someone looking to house extended family while generating rental income, this property is worth checking out!

Property details

MLS
MLS Property Information Network
MLS #
73561432
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
74
On market date
August 10, 2026
Stories
3
Total bathrooms
3
Garage spaces
2
Parking spaces
6
Lot size
0.08 acres
Loading map…

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
0.26 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
Matthew J Kuss Middle
1.04 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
707
Student:teacher ratio
13.9:1
District
Fall River
HighCharter
Argosy Collegiate Charter School
0.59 mi away · Grades 6-12
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
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).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks19
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 74 days -- 37 fewer 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

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,299/mo
$137,800 down
$551,200 loan
Principal & interest$3,575
Property tax (est.)$574
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 18 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.