$845,000

40 Park St Fall River, MA 02723

$10,000
Closing credit¹
9 beds
3 full
4,506 sqft
0.1 acres
$188 / sqft
Multi-Family

Property details

About 40 Park St

Back on the market due to buyer financing issues. Welcome to 40 Park Street, a well-maintained three-family home in the heart of Fall River. Perfect for owner-occupants or savvy investors, this property features three spacious units—each offering 3 bedrooms, 1 bathroom, separate utilities, and hardwood flooring throughout.Enjoy updated kitchens and baths, a low-maintenance exterior. The property also includes a full basement with storage and laundry hookups. Located just minutes from downtown, public transportation, highway access, and the South Coast Rail station, this is a prime location for rental income or long-term.Whether you’re looking to expand your portfolio or live in one unit and rent the others, 40 Park Street is a must-see!Don’t miss this opportunity

Highlights

Home typeMulti Family
StatusActive
Size4,506 sqft
BasementYes
Lot size0.13 Acres
Year built1900
MLS #73351969

Summary

  • Full Bathrooms: 3
  • Basement: Yes
  • Total Bedroom Count: 9
  • List Price: $845,000
  • Price/SqFt: $187
  • Annual Tax Amount: $5,481
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: maps
  • Year Built: 1900
  • Stories: 6
  • Living Area: 4,506 SqFt
  • Lot Size: 0.13 Acres
  • MLS Number: 73351969
  • MLS Name: MLS Property Information Network
  • Office Name: Vicente Realty, LLC
  • Office Phone: (508) 944-3144
  • Listing Agent: Ronald Rene

IDX 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: 6/12/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

40 Park St, Fall River, MA 02723 - view of townhome / multi-family property

$845,000

40 Park St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$477,000$5,481
2023$393,200$4,825

History based on county public records data.

Nearby schools

2

William S Greene

Public District PK-5

0.8 mi

409 Cambridge St

3

Carlton M. Viveiros Elementary School

Public District KG-5

0.9 mi

525 Slade St

2

Mary Fonseca Elementary School

Public District PK-5

1.4 mi

160 N Wall St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,444. 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?

63%
<35k
29%
35k-100k
6%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

58%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Chico'sChico's

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

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 40 Park St

The listing price of 40 Park St property is $845,000.

The property 40 Park St is a multi located in Fall River, Massachusetts, 02723.

Active Listing: 40 Park St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40 Park St are: William S Greene (GreatSchools Rating 2/10), Carlton M. Viveiros Elementary School (GreatSchools Rating 3/10), Mary Fonseca Elementary School (GreatSchools Rating 2/10), John J Doran (GreatSchools Rating 4/10), Matthew J Kuss Middle School (GreatSchools Rating 2/10), Henry Lord Community School (GreatSchools Rating 3/10), Argosy Collegiate Charter School (GreatSchools Rating 3/10), Resiliency Preparatory Academy (GreatSchools Rating 1/10), Stone PK-12 School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $5,481 (source: MLS/based on county public records data).

The property 40 Park St is 4,506 SqFt (source: MLS/tax record).

The year of construction for 40 Park St is 1900.

This home is located at 40 Park St in Fall River, MA and zip code 02721. This 4,506 square foot home, which was built in 1900, sits on a 0.13 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 30, 2025 and is currently priced at $845,000.

While more than 24 listings in Fall River, MA in May 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Fall River, MA did not change between April and May 2025. In May 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $484,444.

From Rocket Homes Real Estate and based on county public records data.

More resources