INNOVATE Real Estate
2 Family - 2 Units Up/Down at 650 Third, Fall River MA 02721
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$499,900

650 Third, Fall River MA 02721
Fall River, MA 02721
Listed by Team ROSO
Bedrooms
5
Bathrooms
3
Living area
2,081 sqft
Year built
1900

About this home

Welcome to 650 Third St, a fully vacant two-family property offering an excellent opportunity for an owner-occupant or investor! The first-floor unit features new flooring, a brand-new kitchen, and a new bathroom, providing a fresh and inviting living space. The second unit spans two floors and offers two bathrooms, brand-new mini-split systems, and convenient in-unit laundry hookups. The roof is approximately two years old, adding peace of mind for the next owner. With both units delivered vacant, plenty of off-street parking, and strong potential for rental income, this property is ready for its next owner to make it their own. A great opportunity in Fall River with flexible options for investors or those looking to live in one unit while renting the other!

Property details

MLS
MLS Property Information Network
MLS #
73574162
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
44
On market date
September 9, 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
0.56 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
1.16 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
0.39 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).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 44 days -- 68 fewer days than Fall River's current average of 112 days.
For reference, the median list price across 728 active listings in Fall River right now is $375,000.

Mortgage calculator

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Est. monthly payment
$3,160/mo
$99,980 down
$399,920 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 13, 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.