Active
38 Days on market
65 Eastern Ave. Fall River — Photo 1 of 38

65 Eastern Ave. Fall River — Photo 1 of 38

Recent Drop: $25,000

$549,900
$524,900

$524,900

Investment Analysis — 65 Eastern Ave.

Fall River, MA 02723

Based on rent reported on the MLS listing, a 2-unit multi-family in 02723 carries $3,650/mo in gross rent — about a 5.15% cap rate and $27,013/yr in estimated NOI at the $524,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

1,834

Style

2 Family - 2 Units Up/Down

Built

2019

PRICE IMPROVEMENT - Welcome to 65 Eastern Ave, an updated two-family offering an attractive opportunity for both owner-occupants and investors. Each unit features 2 bedrooms and 1 full bath, along with separate utilities, central heating and A/C, private decks, and access to a fenced-in yard. The property underwent significant improvements in 2019, including the roof, siding, windows, flooring, cabinetry, walls, and mechanical systems, providing a strong foundation for continued ownership. The first-floor unit is currently rented at $1,850 per month and will be delivered vacant at closing, offering the next owner the flexibility to occupy the unit or secure a new tenant. The second-floor unit is currently leased at $1,800 per month, with combined current rents of $3,650 per month. Conveniently located with access to shopping, dining, public transportation, and major highway routes. With substantial improvements already completed, established rental history, separate utilities, and the flexibility of a vacant first-floor unit at closing, 65 Eastern Ave offers a compelling opportunity for owner-occupants and investors alike.Affordable Housing Restriction (AHR) through 7/26/2034. Investors have no income eligibility requirement; affordable rental requirements apply. Owner-occupants must be at or below 80% AMI. Buyer/agent to verify all requirements with CDA.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$549,900
Annual Taxes$6,275

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms12
FireplacesNone
FlooringWood
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningG

Property & Lot

Acres0.14
SqFt Lot6,000
Lot Features--

Amenities & Appliances

Range • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Sidewalks

Geography

Property History

Price Drop
$524,900

Was $549,900

Sep 10, 2026

MLS® 73559760

Listed
$549,900

Aug 5, 2026

MLS® 73559760

Listing Provided By

Listing Agent: Alexander Holden

Listing Office: Marble House Realty, Inc.

MLS® Number: 73559760