315 Washington Street

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Active
$689,000
7 beds2,257 sqft$305/sqft
315 Washington St, Fall River, MA 02721
Est: $3,951/moGet pre-approved
Multi FamilyProperty Type
3,350 sq ftLot Size
1900Year Built
$305/sq ftPrice per sq ft
6 carsParking Spaces

Description

Not all 3-families are created equal. If you’ve been searching for a Fall River multifamily where the major updates are already done—and you can move into a beautiful first-floor unit while collecting rental income from the other two—this one deserves your attention. The first-floor unit will be delivered vacant, creating an ideal opportunity for an owner-occupant to live comfortably while having rental income from the second and third floors help offset the mortgage. This spacious 3-bedroom apartment...Not all 3-families are created equal. If you’ve been searching for a Fall River multifamily where the major updates are already done—and you can move into a beautiful first-floor unit while collecting rental income from the other two—this one deserves your attention. The first-floor unit will be delivered vacant, creating an ideal opportunity for an owner-occupant to live comfortably while having rental income from the second and third floors help offset the mortgage. This spacious 3-bedroom apartment features a private entrance, gorgeous hardwood floors, a modern bathroom, and a beautifully updated kitchen with white shaker cabinets, granite countertops, and stainless-steel appliances. The second floor also offers 3 bedrooms, new flooring, and modern kitchen and bathroom updates. The third-floor 1-bedroom unit has an excellent long-term tenant, providing immediate rental income from day one. Beyond the cosmetic updates, the big-ticket items have been addressed. The property features three brand-new Weil-McLain boilers, updated electrical panels for the first, second, and owner panels, updated exterior meters, replacement windows, a new roof, vinyl siding, and newer water heaters for all 3 floors. Each apartment also has new washer and dryer hookups in the basement, giving every tenant dedicated laundry access. Then there’s the parking—something that can make a multifamily property stand out. The owner's unit includes two off-street parking spaces with direct access to the new deck and front entrance, plus a detached 2-car garage. Add private yard space for entertaining, relaxing, or enjoying the outdoors, and you have features that are hard to replicate. Location adds another layer of appeal. You’ll be just minutes from the Fall River waterfront, Bicentennial Park, Battleship Cove, The Cove Restaurant, the waterfront boardwalk, tennis courts, boat ramp, restaurants, shopping, and transportation, with the new commuter rail connection adding even more convenience for commuters. Whether you're a first-time owner-occupant looking for a multifamily home, an investor adding to your portfolio, or someone looking to house extended family while generating rental income, this property offers a compelling combination of updated living spaces, strong owner-occupant potential, parking, garage space, and location. When you're comparing 3-families in Fall River, look beyond the bedroom count. This is the one where the major work has already been done!
33 days on Market
  • Listed by: The Perry Team • HomeSmart First Class Realty
  • Listed by: Christopher Perry • HomeSmart First Class Realty
  • Listed by: Tiffany Perry • HomeSmart First Class Realty
Last updated: 09/03/2026 12:40 PM • Source: MLS PIN, MLS#: 73561432

Location

Listing Courtesy of HomeSmart First Class Realty, The Perry Team; HomeSmart First Class Realty, Christopher Perry; HomeSmart First Class Realty, Tiffany Perry
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$3,951 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,560

Property Taxes

$391

HOA Dues

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Property Information for 315 Washington Street

Property Details
  • Taxes: $4,691 / year
  • MLS Type: Multi-family / 3 Family
  • County: Bristol County
  • Town: Fall River
  • Area: MA-Fall River
  • Garage Spaces: 2
  • Open Parking Spaces: 4.00
  • Parking Spaces Total: 6
Building Information
  • Stories: 3
  • Residences: 3
  • Year Built: 1900
  • Lot Size: 0.08 AC / 3,350 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
  • Living Area: 2257.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Doran Elementary School
  • High School: Durfee High School
Features
Interior Features
  • Appliances: Range, Refrigerator, Range Hood
  • Basement Features: Full, Walk Out, Dirt Floor, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Laminate, Hardwood
  • Interior Features: Laundry Room, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Remodeled, Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Exterior Features: Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Window AC, None
  • Cooling: No
  • Electric: Common, Individually Metered
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Video/audio recording on property. Tenants personal belongings on floor 2 have been removed in photos. Floor plans for informational purposes only. Subject to sellers finding suitable housing. See attached video for more details!
Tax Information
  • Tax ID: M:0I07 B:0000 L:0026,2827866
  • Assessments: $409,700
  • Book: 11854
  • Tax Year: 2025
  • Zoning: B-L
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Not Available
  • GOI: $39,600.00
  • NOI: $39,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,300.00

Property History for 315 Washington Street

DateEvent & SourcePriceAppreciation
Aug 10, 2026

Listed (Active)

MLS PIN #73561432

$689,000—
Aug 14, 2025

Sold

MLS PIN #73394842

$655,000—
Aug 14, 2025

Under Agreement

MLS PIN #73394842

—
DateEvent & SourcePrice
08/10/2026

Listed (Active)

MLS PIN #73561432

$689,000
08/14/2025

Sold

MLS PIN #73394842

$655,000
08/14/2025

Under Agreement

MLS PIN #73394842

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 315 Washington Street

Taxable ValueLand$105,800Additions$303,900Total$409,700
Tax Record2025$4,691 ($391 / month)
Home Facts
Baths3Total Finished SqFt2,257 SqFtAbove Grade Finished SqFt2,257 SqFtUnfinished Basement SqFt1,000 SqFtStories3Lot Size3,350 SqFtStyleTriplexYear Built1900Year Renovated1900ZoningB-BCountyBRISTOLAPNFALL M:0I-07 B:0000 L:0026

Schools near 315 Washington Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
John J Doran Community School
Public - PK to 8
Matthew J Kuss Middle School
Public - 6 to 8
B M C Durfee High School
Public - 9 to 12
Resiliency Preparatory Academy
Public - 7 to 12
Rating
School
Distance
John J Doran Community School
PublicPK to 8

Matthew J Kuss Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 315 Washington Street, Fall River, MA 02721

315 Washington Street is a multi-family home for sale in Fall River, MA 02721. This property was listed for sale on August 10, 2026 by HomeSmart First Class Realty, it's currently listed at $689,000. It has been on the market for a total of 33 days and was last sold on August 14, 2025. This listing's school district is Fall River School District. Nearby schools include John J Doran Community School, Matthew J Kuss Middle School and B M C Durfee High School. 315 Washington Street is a 7-bed, 3-bath, 2,257 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart First Class Realty, The Perry Team; HomeSmart First Class Realty, Christopher Perry; HomeSmart First Class Realty, Tiffany Perry

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.