
631 Walnut St Fall River — Photo 1 of 39
$749,999
631 Walnut St, Fall River, MA 02720
Fall River, MA 02720
Beds
12
Baths
3
SqFt
2,833
Style
3 Family - 3 Units Up/Down
Built
1900
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.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Fall River, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Property History
$2,200
Aug 30, 2026
MLS® 73548408
$749,999
Aug 29, 2026
MLS® 73569765
$2,200
Jul 11, 2026
MLS® 73548408
$2,500
Jul 11, 2026
MLS® 73515562
$2,100
May 22, 2026
MLS® 73497512
$2,500
May 8, 2026
MLS® 73515562
$2,150
Apr 7, 2026
MLS® 73497512
Population
30,940
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$62K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
62.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Bristol County
1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Kade Phillips
Listing Office: RE/MAX Legacy
MLS® Number: 73569765
Browse More Homes in Fall River
Explore other active listings in the area.
$675,000185 Covel StFall River, MA6 bd3 ba2,685 sqft
$659,90047 Bush StreetFall River, MA4 bd2 ba2,860 sqft
$500,00010 Carlisa DrFall River, MA4 bd2 ba1,800 sqft
$529,000510 State AveFall River, MA3 bd2 ba1,700 sqft
$779,90093 Osborn StFall River, MA9 bd5 ba5,114 sqft
$599,000345 Sprague StFall River, MA6 bd2 ba2,762 sqft