NEW 16 HRS AGO

For sale

$899,900

Est. $5,435/mo —

•

4,877

sq ft

381 Pine St, Fall River, MA 02720

About this home

Fantastic 6-Unit Investment Opportunity Near New MBTA Station & Historic District. With updated market rents this property could be producing $111,000 annually! Don't miss your chance to own this well-maintained and thoughtfully cared-for 6-unit multifamily property, ideally located just minutes from the new MBTA station, the Historic District, and Battleship Cove. With strong cash flow potential and long-term upside, this property is a perfect fit for both investors and owner-occupants alike. Enjoy ample off-street parking behind the building, and a spacious basement offering additional storage and the potential for added income through coin-operated laundry. This is a rare opportunity in a rapidly developing area -- act fast! See attached offering memorandum for more info and details.

Multi-familyProperty Type

1900Year Built

6,665 sq ftLot Size

$185Price/Sq.Ft.

10 spacesParking

Listed by Esposito Group • eXp Realty LLC

Listed by Igor Baldyga • eXp Realty LLC

Listing updated: Sep 2, 2026 at 12:56pm

Redfin checked: a minute ago

•Source:MLS PIN #73571132

Redfin agents who toured

Apartments appear to be in good shape with some updates to kitchens and baths. Large off street parking lot.
8 years ago• May not reflect the current state of the home
Joy Winslow
Redfin Associate agent

Payment calculator

$5,435 per month

Principal and interest$4,729

Property taxes

$556

HOA dues

Home insurance

$150

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

Morton Middle School

Public 6-8 • Assigned • 0.9mi

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

Interior features
Ceiling fans
Storage
Studio spaces
Bathrooms with tub and shower
Walk-in closets
Remodeled areas
Kitchen
Living room
Total of 24 rooms

Bathrooms
6 full bathrooms

Kitchen
Range
Refrigerator

Flooring
Wood
Tile
Hardwood

Heating & cooling
Hot water and baseboard heating (electric, natural gas, other)
Window air conditioning units
Individual heating and cooling present

Sale and tax history for 381 Pine St

Sale History
Tax History

Date

Event

Price

MLS PIN #73571132

Sep 2, 2026

Listed

$899,900

$185/sq ft

MLS PIN #70051764

Nov 16, 2004

Sold

$323,000

$66/sq ft

Aug 26, 2004

Listing Removed

—

Jun 18, 2004

Listed

$334,900

$69/sq ft

Public Records

Oct 3, 1997

Sold

$130,000

$27/sq ft

Public Records

Oct 21, 1987

Sold

$222,500

$46/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$4,940 (+13.3%)

$103,300 + $299,300

$402,600

2022

$4,359 (+8.0%)

$97,500 + $247,900

$345,400

2021

$4,037 (+14.4%)

$93,100 + $198,800

$291,900

2020

$3,530 (+5.1%)

$88,900 + $155,400

$244,300

2019

$3,359 (+5.9%)

$92,900 + $137,500

$230,400

2018

$3,173 (+4.4%)

$93,600 + $123,400

$217,000

2017

$3,038 (+3.8%)

$93,600 + $123,400

$217,000

2016

$2,926 (+4.2%)

$96,400 + $118,300

$214,700

2015

$2,808 (−0.2%)

$96,400 + $118,300

$214,700

2014

$2,814 (+3.5%)

$96,400 + $127,300

$223,700

2013

$2,720 (+8.2%)

$99,400 + $128,600

$228,000

2012

$2,513 (+7.3%)

$100,300 + $128,600

$228,900

2011

$2,342 (−15.7%)

$100,300 + $128,600

$228,900

2010

$2,779 (+6.6%)

$123,800 + $183,600

$307,400

2009

$2,607

$119,300 + $204,100

$323,400

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,534 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

4,236

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,236

Year built

1900

Style

Multi-Family (5+ Unit)

County

Bristol County

APN

3425201

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 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

6/10 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 • 02720

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

82/ 100

Very good sunlight

Sunscore

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

9.1 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 381 Pine St

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