118 Jefferson St Fall River, MA 02721
Niagara NeighborhoodEstimated payment $4,959/month
About This Home
Turnkey Investment Opportunity in Fall River! This fully occupied 4-unit multifamily delivers strong, consistent cash flow with significant upside potential. Located in a high-demand rental area, the property features a mix of spacious 2- and 3-bedroom units with separate utilities, making it an ideal low-maintenance addition to any investor’s portfolio.Strong rental history with long-term tenants and below-market rents present room for increased cash flow. Whether you’re a seasoned investor or looking for your first multi-family, this property offers stable income and long-term appreciation in one of Fall River’s growing neighborhoods.Close to major routes, public transit, and upcoming city developments. Don’t miss out on this opportunity to generate immediate income with future upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,262
Year Built
- Built in 1900
Lot Details
- 5,937 Sq Ft Lot
Home Design
- 5,937 Sq Ft Home
- Quadruplex
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Shared Driveway
- 4 Open Parking Spaces
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0F04 B:0000 L:0027,2824070
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Net Operating Income $75,840
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $799,000 | -15.9% | $135 / Sq Ft |
| 11/18/2025 11/18/25 | Off Market | $950,000 | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $950,000 | -- | $160 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73436116
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Ask me questions while you tour the home.