399 Bank St Fall River, MA 02720
Property details
About 399 Bank St
Prime location, turnkey condition, and 20 bedrooms of rental upside, this 9-unit property in Fall River is a rare investment opportunity you don’t want to miss. Featuring two well-maintained buildings, a 4-family and a 5-family on one lot sitting just 1.5 miles from the South Coast Rail station. Located in the downtown historic district with easy access to parks, dining, shopping, and Routes I-195 & 24. The 4-family includes (2) massive 4-bedroom units and (2) 1-bedroom units; the 5-family offers (5) spacious 2-bedrooms, including one townhouse-style apartment with about 7,531 total sqft. Extensively renovated about 12 years ago including roofs, windows, siding, plumbing, electrical, interiors, heating, and fire system. All units are lead compliant with certs. Separate utilities. Most units feature newer tankless heating systems. A low-maintenance, high-upside asset ready for its next owner. Reach out to schedule a showing today!
Highlights
(New)
Summary
- Full Bathrooms: 9
- Basement: Yes
- Total Bedroom Count: 20
- Parking: Paved Drive, Off Street, Paved
- Exterior: Rain Gutters
- List Price: $1,399,900
- Price/SqFt: $185
- Annual Tax Amount: $9,893
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Located at the corner of Bank Street and N. 7th Street.
- Year Built: 1900
- Stories: 10
- Living Area: 7,531 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 73383675
- MLS Name: MLS Property Information Network
- Office Name: Divine Real Estate, Inc.
- Office Phone: (508) 938-9277
- Listing Agent: Zachary Midwood
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,399,900
399 Bank St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 17, 2011 | Home Sold | $150,000 |
| May 01, 2002 | Home Sold | $250,000 |
| Jun 06, 2001 | Home Sold | $148,000 |
| May 14, 1999 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $861,000 | $9,893 |
| 2023 | $728,000 | $8,933 |
| 2022 | $617,300 | $7,790 |
| 2021 | $522,600 | $7,228 |
| 2020 | $494,500 | $7,146 |
| 2019 | $461,400 | $6,727 |
History based on county public records data.
Nearby schools
2
Mary Fonseca Elementary School
Public District PK-5
0.6 mi
•160 N Wall St
2
William S Greene
Public District PK-5
1.1 mi
•409 Cambridge St
6
Spencer Borden
Public District PK-5
1.3 mi
•1400 President Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,950. Most Fall River, MA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
UFC- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Chico's
Where do the neighbors go to eat?
Church's Chicken
Burger King
Popeyes
What do the neighbors drive?
Cadillac
Buick
Dodge
What do the neighbors listen to?
Jazz
Urban Contemporary
News
Frequently asked questions
Living in Fall River, MA
Transportation options in Fall River facilitate both private and public transit needs. The city's bus service provides residents with connections to key areas within the city and neighboring communities, with varying schedules throughout the day. While ride-share services are available, the city also supports walkability in its more densely populated areas, with efforts to improve pedestrian infrastructure. Major highways, such as Interstate 195, offer convenient access for commuters and travelers, connecting Fall River to the broader region.
Residents of Fall River have access to a variety of essential services. The educational landscape includes numerous public schools at the elementary, middle, and high school levels, as well as private institutions that offer alternative educational opportunities. Healthcare is supported by local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. The city also features a public library system that serves as a resource for learning and community engagement. Retail and dining options are plentiful, reflecting the city's diverse cultural influences, with an emphasis on local cuisine and businesses.
Fall River prides itself on its rich history and cultural heritage, with the Battleship Cove maritime museum and the annual Great Holy Ghost Festival highlighting the community's vibrant character. The city is celebrated for its waterfront attractions and the Lizzie Borden House, which adds a unique aspect to the local lore. Residents enjoy a sense of community bolstered by these shared cultural touchstones and events.
The housing landscape in Fall River is characterized by a mix of architectural styles, with a significant number of properties reflecting Victorian and colonial influences. Single-family homes are prevalent, but there is also a substantial presence of multi-family units and apartment complexes that cater to a range of preferences and needs. The market is diverse, with a blend of historic homes and more contemporary constructions, reflecting the city's long-standing residential development.
About 399 Bank St
The listing price of 399 Bank St property is $1,399,900.
The property 399 Bank St is a multi located in Fall River, Massachusetts, 02720.
Active Listing: 399 Bank St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 399 Bank St are: Mary Fonseca Elementary School (GreatSchools Rating 2/10), William S Greene (GreatSchools Rating 2/10), Spencer Borden (GreatSchools Rating 6/10), John J Doran (GreatSchools Rating 4/10), Morton Middle School (GreatSchools Rating 2/10), Talbot Innovation School (GreatSchools Rating 3/10), Resiliency Preparatory Academy (GreatSchools Rating 1/10), Stone PK-12 School (GreatSchools Rating 1/10), Argosy Collegiate Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $9,893 (source: MLS/based on county public records data).
The last sale was on November 17, 2011 for $150,000 (source: MLS/tax record).
The property 399 Bank St is 7,531 SqFt (source: MLS/tax record).
The year of construction for 399 Bank St is 1900.
This home is located at 399 Bank St in Fall River, MA and zip code 02720. This 7,531 square foot home, which was built in 1900, sits on a 0.13 acre lot. Features: 20 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $1,399,900.
In May 2025 more than 24 listings in Fall River, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Fall River, MA between April and May 2025 did not move. Listings spent 47 days on the market in May 2025, and had a median list price of $484,444 during the same period.