631 Walnut St Fall River, MA 02720
Bank Street NeighborhoodEstimated payment $4,401/month
Highlights
- Medical Services
- Wood Flooring
- Porch
- Property is near public transit and schools
- Corner Lot
- 2-minute walk to Ruggles Park
About This Home
Fantastic Three-Family Opportunity in Fall River’s Highlands! This spacious multifamily offers a great opportunity for investors or owner-occupants, complete with two off-street parking spaces. The first-floor unit has been tastefully renovated, featuring a brand-new bathroom gutted to the studs, freshly sanded hardwood floors, new LVP flooring in the living room, kitchen and bathroom, and some new windows. Additional improvements include a new hot water heater and some updated electrical. A walkout basement offers exciting potential for future expansion, subject to proper approvals. With three units, recent updates, parking, and room to add value, this is a great opportunity to build equity and generate rental income in a desirable Highlands location.
Co-Listing Agent
Kade Phillips
RE/MAX Legacy
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,390
Year Built
- Built in 1900
Lot Details
- 2,613 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Triplex
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,833 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Wood Flooring
- Range with Range Hood
Bedrooms and Bathrooms
- 12 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Car Parking Spaces
- Paved Parking
- 2 Open Parking Spaces
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- 100 Amp Service
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 2832789
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 3 Units
- Net Operating Income $82,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,045 | $440,600 | $113,000 | $327,600 |
| 2024 | $5,199 | $452,500 | $110,800 | $341,700 |
| 2023 | $4,641 | $378,200 | $99,800 | $278,400 |
| 2022 | $4,131 | $327,300 | $94,200 | $233,100 |
| 2021 | $3,803 | $275,000 | $90,000 | $185,000 |
| 2020 | $3,417 | $236,500 | $85,900 | $150,600 |
| 2019 | $3,049 | $209,100 | $89,800 | $119,300 |
| 2018 | $2,883 | $197,200 | $90,400 | $106,800 |
| 2017 | $2,761 | $197,200 | $90,400 | $106,800 |
| 2016 | $2,688 | $197,200 | $93,200 | $104,000 |
| 2015 | $2,579 | $197,200 | $93,200 | $104,000 |
| 2014 | $2,609 | $207,400 | $93,200 | $114,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2026 09/20/26 | Pending | -- | -- | -- | |
| 09/10/2026 09/10/26 | Price Changed | $699,999 | -6.7% | $247 / Sq Ft | |
| 08/29/2026 08/29/26 | For Sale | $749,999 | +28.2% | $265 / Sq Ft | |
| 03/31/2026 03/31/26 | Sold | $585,000 | +3.5% | $206 / Sq Ft | View Prior Sale |
| 01/28/2026 01/28/26 | Pending | -- | -- | -- | |
| 01/23/2026 01/23/26 | For Sale | $565,000 | +24.2% | $199 / Sq Ft | |
| 12/22/2023 12/22/23 | Sold | $455,000 | +14.0% | $161 / Sq Ft | View Prior Sale |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- | |
| 11/20/2023 11/20/23 | For Sale | $399,000 | -- | $141 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $585,000 | -- | |
| Quit Claim Deed | $455,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $365,500 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $15,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73569765
APN: FALL-000026M-000000-000066
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Ask me questions while you tour the home.