Multi Family at 477 Palmer St, Fall River MA 02721
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31 photos

$600,000

477 Palmer St, Fall River MA 02721
Fall River, MA 02721
Listed by Evanjuline Elisma
Bedrooms
4
Bathrooms
2
Living area
2,583 sqft
Year built
1900

About this home

Welcome to your next potential investment! This home is currently equipped for 2 families with a potential for a third and has endless opportunities. Recently renovated with new appliances, vinyl floors, roof elevation and replacement in 2024. Each unit features ample and comfortable living space, 2 bedrooms, and 1 full bath. Both units are currently occupied with tenants. There is plenty of natural light making the space feel open and inviting. The yard is fenced in and has a paved driveway as well as street parking. Conveniently located with easy access to the highway, nearby shopping areas, and just minutes from the Fall River MBTA.

Property details

MLS
MLS Property Information Network
MLS #
73497931
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
198
On market date
April 8, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.1 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
William S Greene
0.45 mi away · Grades -1-5
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
663
Student:teacher ratio
14.4:1
District
Fall River
Middle
Matthew J Kuss Middle
1.08 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
0.18 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).

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 stores20
Parks10
Schools20
Transit stops20
Pharmacies8

Market position

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

On the market 198 days -- 87 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
$3,763/mo
$120,000 down
$480,000 loan
Principal & interest$3,113
Property tax (est.)$500
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 4, 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.