207 Rodman St Fall River, MA 02721
Corky Row NeighborhoodEstimated payment $4,161/month
Highlights
- Medical Services
- Jogging Path
- Shops
- Property is near public transit and schools
- Park
- Coin Laundry
About This Home
Introducing an exceptional opportunity to own a five-unit multifamily property that offers immediate cash flow and long-term equity growth. Located near highways, public transportation, shopping and just minutes away from the new train station. This well -maintained building is the perfect addition to any seasoned investor's portfolio- or a SMART START for a new one. It features four 1-bedroom units, on levels 1 and 2, and one 2-bedrooms+ bonus room unit on the 3rd floor. Updated interiors, modern kitchens and baths are also added perks with this property. Whether you're looking for a stable, income-generating asset or a value-add opportunity with upside potential, this five-unit gem delivers BOTH! There are 2 vacant units at this time, one on 1st level and one on the 3rd level that were recently updated throughout. Don't miss out on this rare chance to invest in a property that is a proven income producer with room to increase rents to market rent!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,852
Year Built
- Built in 1900
Home Design
- 3,876 Sq Ft Home
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Additional Features
- 2,723 Sq Ft Lot
- Property is near public transit and schools
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number M:0I15 B:0000 L:0031,2828399
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Operating Expense $17,707
- Net Operating Income $68,700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,852 | $598,400 | $100,200 | $498,200 |
| 2024 | $6,095 | $530,500 | $93,600 | $436,900 |
| 2023 | $4,595 | $374,500 | $78,500 | $296,000 |
| 2022 | $4,028 | $319,200 | $74,700 | $244,500 |
| 2021 | $3,693 | $267,000 | $71,500 | $195,500 |
| 2020 | $3,198 | $221,300 | $69,200 | $152,100 |
| 2019 | $2,966 | $203,400 | $69,200 | $134,200 |
| 2018 | $2,828 | $193,400 | $73,300 | $120,100 |
| 2017 | $2,708 | $193,400 | $73,300 | $120,100 |
| 2016 | $2,789 | $204,600 | $89,700 | $114,900 |
| 2015 | $2,632 | $201,200 | $86,300 | $114,900 |
| 2014 | $2,764 | $219,700 | $95,800 | $123,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/28/2026 02/28/26 | Price Changed | $699,000 | -2.2% | $180 / Sq Ft | |
| 01/11/2026 01/11/26 | Price Changed | $715,000 | -1.9% | $184 / Sq Ft | |
| 08/11/2025 08/11/25 | Price Changed | $729,000 | -5.2% | $188 / Sq Ft | |
| 07/11/2025 07/11/25 | For Sale | $769,000 | +61.9% | $198 / Sq Ft | |
| 12/15/2021 12/15/21 | Sold | $475,000 | -8.6% | $123 / Sq Ft | View Prior Sale |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- | |
| 07/26/2021 07/26/21 | Price Changed | $519,900 | -1.9% | $134 / Sq Ft | |
| 06/24/2021 06/24/21 | For Sale | $529,900 | -- | $137 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73403451
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