
65 Eastern Ave. Fall River — Photo 1 of 38
Recent Drop: $25,000
$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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Sidewalks
Geography
Property History
$524,900
Was $549,900
Sep 10, 2026
MLS® 73559760
$549,900
Aug 5, 2026
MLS® 73559760
Listing Agent: Alexander Holden
Listing Office: Marble House Realty, Inc.
MLS® Number: 73559760
