NEW 18 HRS AGO

For sale

$1,100,000

Est. $6,433/mo —

•

6,345

sq ft

386-388 Locust St, Fall River, MA 02720

About this home

RARE OPPORTUNITY for a completely VACANT, almost entirely new construction multifamily in Fall River’s desirable Highlands! Be the first owner of this extensively rebuilt property offering an incredible 13 bedrooms and 6 bathrooms with spacious, thoughtfully designed layouts throughout. Nearly everything is NEW, including framing, electrical, plumbing, roof, windows, vinyl siding, kitchens, bathrooms, HVAC systems and more.Two of the units feature highly desirable townhouse-style layouts, each offering 4 spacious bedrooms and 2 full bathroomsan extremely rare setup in today’s multifamily market. The brand-new kitchens feature quartz countertops, modern cabinetry and beautiful finishes, complemented by newly designed bathrooms throughout.Each unit is equipped with HVAC, plus the added convenience of electrical panels located within each individual unit. Situated on a corner lot, the property also offers off-street parking and multiple attached storage sheds, providing valuable additional storage for occupants.Enjoy water views overlooking the Taunton River and the iconic Braga Bridge from this prime Highlands location. With 13 bedrooms, 6 bathrooms, extensive new construction, large townhouse-style units, modern systems, parking, storage, water views and the tremendous advantage of being delivered completely vacant, this is a standout opportunity for an owner-occupant or investor. Move in, select your own tenants and establish rents from day one!

Multi-familyProperty Type

1883Year Built

0.25 acresLot Size

$173Price/Sq.Ft.

2 spacesParking

Listed by Gary Gagne Jr. • Freedom Realty Group LLC

Listing updated: Sep 27, 2026 at 03:32am

Redfin checked: 2 minutes ago

•Source:MLS PIN #73582917

Payment calculator

$6,433 per month

Principal and interest$6,078

Property taxes

$172

HOA dues

Home insurance

$183

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 11AM TO 1PM
$329,900
3 beds1.5 baths1,343 sq ft
148 Hamlet St, Fall River, MA 02724
OPEN TODAY, 11AM TO 12:30PM
$599,000
4 beds3 baths3,012 sq ft
550 South St, Somerset, MA 02726
OPEN TODAY, 11AM TO 1PM
$619,000
3 beds2.5 baths2,524 sq ft
16 Brooks Farm Dr, Bristol, RI 02809
OPEN TODAY, 11AM TO 2PM3D WALKTHROUGH
$645,000
4 beds2.5 baths3,688 sq ft
499 Park Ave, Portsmouth, RI 02871
OPEN TODAY, 11:30AM TO 12:30PM
$649,900
6 beds2 baths2,196 sq ft
376 N Underwood St, Fall River, MA 02720
OPEN SEP 28, 3PM TO 4PM
$399,999
4 beds2 baths1,218 sq ft
355 Peckham St, Fall River, MA 02724
OPEN SEP 28, 4PM TO 6PM
$524,900
3 beds2 baths1,867 sq ft
935 Allen St, North Dartmouth, MA 02747
OPEN SEP 30, 5PM TO 6:30PM
$489,000
3 beds2 baths1,875 sq ft
136 Durfee Rd, Tiverton, RI 02878
OPEN OCT 1, 4:30PM TO 6PM
$539,900
3 beds1.5 baths1,460 sq ft
29 Beeden Rd, Westport, MA 02790
OPEN OCT 3, 1:30PM TO 3PM
$749,900
3 beds2.5 baths2,094 sq ft
37 Rhode Island Ave, Dartmouth, MA 02747

Around this home

Schools

K - 12
Preschool & daycare

Morton Middle School

Public 6-8 • Assigned • 0.7mi

3/10

B M C Durfee High School

Public 9-12 • Assigned • 1.3mi

2/10

Provided by GreatSchools

About Rock Street-Prospect

Street

Rock Street-Prospect Street, located between Downtown Fall River and the Highlands, is a historic and residential Fall River neighborhood with hillside streetscapes and compact urban blocks. The neighborhood’s character concentrates around the Rock St and Prospect St junction, where corner storefronts, small eateries, and stoop-lined sidewalks set a steady, lived-in rhythm. Triple-deckers and late-19th-century houses define the streets, with occasional civic buildings breaking up the residential run. A short walk leads to the galleries and performances at Narrows Center for the Arts, while Battleship Cove and the waterfront paths add a maritime counterpoint. Cafés and local kitchens along nearby South Main Street and in Downtown keep daily errands grounded in independent businesses. Green space at Kennedy Park and views toward Mount Hope Bay shape the neighborhood’s geography.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Insulated windows
Total of 33 rooms
Full basement

Bedrooms
Unit 1: 2 levels
Unit 2: 2 levels
Unit 3: 1 level
Unit 4: 1 level

Bathrooms
6 full bathrooms

Flooring
Tile flooring
Vinyl flooring

Sale and tax history for 386-388 Locust St

Sale History
Tax History

Public record

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

—

Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

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Year built

—

Style

Multi-Family (2-4 Unit)

County

Bristol County

APN

M:000O B:0001 L:0024,2833647

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on Sep 26, 2026.

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 • 02720

Average low and high temperatures (°F)

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Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 386-388 Locust St

$1,091,025

$8,975 under list price of $1.10M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $415K to $860K.

SOLD JUN 29, 2026
$800,000 Last sold price
9 beds4 baths4,167 sq ft
544-546 Plymouth Ave, Fall River, MA 02721
$19/sq ft
smaller lot
17 years newer
SOLD SEP 18, 2026
$750,000 Last sold price
7 beds4 baths3,971 sq ft
45 Beauregard St, Fall River, MA 02723
$16/sq ft
larger lot
39 years newer
SOLD SEP 11, 2026
$657,000 Last sold price
7 beds3 baths3,600 sq ft
40 Lincoln Ave, Fall River, MA 02720
$10/sq ft
smaller lot
17 years newer
SOLD MAY 22, 2026
$860,000 Last sold price
14 beds6 baths3,417 sq ft
24-30 John St, Fall River, MA 02721
$79/sq ft
smaller lot
17 years newer
SOLD JAN 30, 2026
$740,000 Last sold price
9 beds3 baths3,888 sq ft
341 Belmont St, Fall River, MA 02720
$17/sq ft
smaller lot
17 years newer
SOLD JUL 24, 2026
$415,000 Last sold price
6 beds2 baths3,056 sq ft
333 Cherry, Fall River, MA 02720
$37/sq ft
smaller lot
7 years older

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(401) 375-0725

Early Access listings

EARLY ACCESSCOMPASS COMING SOON

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EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$899,000

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EARLY ACCESSCOMPASS COMING SOON

Contact for price

4 beds3.5 baths3,926 sq ft

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EARLY ACCESSCOMPASS COMING SOON

$759,000

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EARLY ACCESSCOMPASS COMING SOON

Contact for price

3 beds2 baths1,765 sq ft

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EARLY ACCESSCOMPASS COMING SOON

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Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in 02720

New listings for sale in 02720

NEW 18 HRS AGO

$1,100,000

13 beds6 baths6,345 sq ft

386-388 Locust St, Fall River, MA 02720

$185,000

2 beds1 bath750 sq ft

70 North Ct Unit F, Fall River, MA 02720

$524,900

3 beds1.5 baths1,027 sq ft

256 Weetamoe St, Fall River, MA 02720

OPEN TODAY, 11:30AM TO 12:30PM

$649,900

6 beds2 baths2,196 sq ft

376 N Underwood St, Fall River, MA 02720

$497,700

4 beds1.5 baths1,680 sq ft

102 Vestal St, Fall River, MA 02720

OPEN TODAY, 10:30AM TO 12PM

$579,900

3 beds1.5 baths1,935 sq ft

585 N Eastern Ave, Fall River, MA 02720

$724,990

8 beds5 baths6,156 sq ft

84 Cory St, Fall River, MA 02720

$565,000

5 beds2 baths1,811 sq ft

30 Harvard, Fall River, MA 02720

OPEN OCT 4, 12PM TO 1:30PM

$599,000

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130 Winter St, Fall River, MA 02720

Details provided by MLS PIN and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 386-388 Locust St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 386-388 Locust St

Early Access listings

Nearby similar homes

New listings for sale in 02720

More real estate resources