Active
11 Days on market
631 Walnut St Fall River — Photo 1 of 39

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

This Property
Size (SqFt) →Price →
This Property$265/sqft
Local Avg (Fall River)$219/sqft
21% AboveMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Fall River, MA.

Property Details

Financials

Original Price$749,999
Annual Taxes$5,390

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms21
FireplacesNone
FlooringHardwood
BasementFull, Walk-Out Access, Interior Entry, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas, Electric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningA-2

Property & Lot

Acres0.06
SqFt Lot2,613
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Property History

Terminated
$2,200

Aug 30, 2026

MLS® 73548408

Listed
$749,999

Aug 29, 2026

MLS® 73569765

Listed
$2,200

Jul 11, 2026

MLS® 73548408

Terminated
$2,500

Jul 11, 2026

MLS® 73515562

Sold
$2,100

May 22, 2026

MLS® 73497512

Listed
$2,500

May 8, 2026

MLS® 73515562

Listed
$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 Provided By

Listing Agent: Kade Phillips

Listing Office: RE/MAX Legacy

MLS® Number: 73569765

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