NEW 19 HRS AGO

For sale

$625,000

Est. $4,074/mo —

•

2,772

sq ft

199 Purchase St, Fall River, MA 02721

About this home

Great opportunity to own a two-family property in Fall River’s downtown district. This home is in good condition and currently fully occupied, offering immediate rental income potential. Both units feature hardwood floors and pantry kitchens equipped with stoves and refrigerators. The attic may offer potential for additional bedroom space, subject to all necessary approvals and building requirements. A small yard and off-street parking add to the property’s appeal. A great opportunity for investors looking to add an income-producing property to their portfolio! or an owner occupant buyer

Multi-familyProperty Type

1900Year Built

3,498 sq ftLot Size

$225Price/Sq.Ft.

2 spacesParking

Listed by Michelle Moniz • Lamacchia Realty, Inc.

Listed by • Lamacchia Realty, Inc.

Listing updated: Oct 16, 2026 at 03:31am

Redfin checked: 2 minutes ago

•Source:MLS PIN #73591152

Payment calculator

$4,074 per month

Principal and interest$3,453

Property taxes

$511

HOA dues

Home insurance

$109

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Morton Middle School

Public 6-8 • Assigned • 0.8mi

3/10

B M C Durfee High School

Public 9-12 • Assigned • 1.4mi

2/10

Provided by GreatSchools

About Lower

Highlands

Lower Highlands, located between Highland Avenue and the Quequechan River corridor, is a residential and historic Fall River neighborhood with hillside streetscapes and mill-era city views. The neighborhood’s character concentrates around the Highland Avenue and Pleasant Street area, where corner storefronts, takeout counters, and everyday services set a steady, lived-in rhythm. Triple-deckers and compact single-family homes line walkable blocks, with stone retaining walls and mature trees shaping the slopes. The nearby Quequechan River Rail Trail adds a linear green edge for walking and biking. Battleship Cove and the waterfront museums sit a short drive away, tying the area to Fall River’s maritime identity. Charlton Memorial Hospital anchors the district’s daily flow with a strong civic presence.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Picture windows, insulated windows, and screens
Pantry
Living room, dining room, and kitchen
Full unfinished basement

Bathrooms
2 full bathrooms

Kitchen
Range
Refrigerator, including an ENERGY STAR qualified refrigerator

Flooring
Tile, laminate, hardwood, and wood flooring

Heating & cooling
Central, hot water, and steam heating
Natural gas heating
Individual heating systems

Sale and tax history for 199 Purchase St

Sale History
Tax History

Date

Event

Price

MLS PIN #73591152

Oct 14, 2026

Listed

$625,000

$225/sq ft

MLS PIN #73274067

Oct 9, 2024

Sold

$515,000

$186/sq ft

Sep 4, 2024

Contingent

—

Aug 31, 2024

Relisted

—

Aug 22, 2024

Contingent

—

Aug 6, 2024

Listed

$489,000

$176/sq ft

+27

Just 2 minutes from the new train station and completely vacant is your ideal 2-Family located on a corner lot in downtown Fall River! This exceptional building boasts 2 oversized bedrooms in both units, each offering comfortable living spaces with high ceilings, well-maintained kitchens and bathrooms, and ample natural light throughout. With off-street parking for each unit, in-building laundry, hardwood flooring throughout most of the property, and being close to highways, and establishments, this property is both convenient and inviting. This property also offers a partially finished walk-up attic with 2 means of egress for possible expansion. Recent updates include a freshly painted interior and new double hung windows. Whether you're an investor seeking rental income or a family looking for a spacious property with additional income potential, this opportunity is not to be missed!

Public Records

Nov 9, 1987

Sold

$155,000

$56/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$4,268 (+8.5%)

$100,500 + $247,300

$347,800

2022

$3,932 (+11.8%)

$94,800 + $216,800

$311,600

2021

$3,516 (+12.5%)

$90,500 + $163,700

$254,200

2020

$3,124 (+2.0%)

$86,400 + $129,800

$216,200

2019

$3,062 (+4.7%)

$90,300 + $119,700

$210,000

2018

$2,925 (+7.9%)

$91,000 + $109,100

$200,100

2017

$2,710 (+2.7%)

$91,000 + $102,600

$193,600

2016

$2,639 (+4.2%)

$93,800 + $99,800

$193,600

2015

$2,532 (−1.0%)

$93,800 + $99,800

$193,600

2014

$2,558 (+3.0%)

$93,800 + $109,500

$203,300

2013

$2,483 (+5.3%)

$96,700 + $111,400

$208,100

2012

$2,359 (+7.4%)

$97,600 + $117,200

$214,800

2011

$2,197 (−4.0%)

$97,600 + $117,200

$214,800

2010

$2,288 (+5.9%)

$120,400 + $132,700

$253,100

2009

$2,160

$116,000 + $152,000

$268,000

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,485 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

2,772

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,772

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Bristol County

APN

2833313

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Fall River, MA • 02721

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.8 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 199 Purchase St

$624,101

$899 under list price of $625K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $415K to $680K.

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6 beds3 baths2,760 sq ft
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smaller lot
SOLD JUL 24, 2026
$415,000 Last sold price
6 beds2 baths3,056 sq ft
333 Cherry, Fall River, MA 02720
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smaller lot
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SOLD OCT 2, 2026
$680,000 Last sold price
12 beds3 baths2,833 sq ft
631 Walnut St, Fall River, MA 02720
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SOLD JUN 22, 2026
$650,000 Last sold price
7 beds3 baths3,052 sq ft
88 Almy St, Fall River, MA 02720
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SOLD SEP 11, 2026
$657,000 Last sold price
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smaller lot
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5 beds3 baths2,285 sq ft
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$49/sq ft
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