Multi Family at 45 Lafayette St, Fall River MA 02723
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20 photos

$605,000

45 Lafayette St, Fall River MA 02723
Fall River, MA 02723
Listed by Marlene Batista
Bedrooms
4
Bathrooms
2
Living area
1,896 sqft
Year built
1925

About this home

Beautifully renovated two-family home offering a fantastic opportunity for both owner-occupants and investors. Extensive updates include a new roof, windows, siding, plumbing, kitchens, bathrooms, and flooring throughout. The first-floor unit features 2 bedrooms, 1 full bath, a remodeled kitchen and bathroom, hardwood floors, and forced hot air heating. The second-floor unit offers 2 bedrooms, 1 full bath, a spacious modern kitchen with quartz countertops, stainless steel appliances, an updated bathroom, and an energy-efficient mini-split heating and cooling system. Additional highlights include a low-maintenance exterior, private driveway, and a generous yard with privacy features. Conveniently located near shopping, dining, schools, and major routes. Move-in ready and ideal for generating rental income or owner occupancy. A turnkey multi-family property with modern updates throughout—don't miss this excellent investment opportunity!

Property details

MLS
MLS Property Information Network
MLS #
73536274
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
130
On market date
June 15, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
4
Lot size
0.11 acres
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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
0.51 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
0.17 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
0.61 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).

73
Walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks6
Schools9
Transit stops20
Pharmacies1

Market position

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

On the market 130 days -- 19 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

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

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Est. monthly payment
$3,793/mo
$121,000 down
$484,000 loan
Principal & interest$3,139
Property tax (est.)$504
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 21, 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.