$724,900

516 3rd St Fall River, MA 02721

$8,608
Closing credit¹
15 beds
6 full
6,282 sqft
0.1 acres
$115 / sqft
Multi-Family

Property details

About 516 3rd St

Great investment opportunity in Fall River! This multi-family features newer vinyl siding and windows (2023) and roof (2016) adding both curb appeal and long-term value. All units offer strong rental potential with room for interior updates—perfect for increasing equity and rental income. First floor will transfer vacant providing flexibiity for an investor or future owner-occupant. Bonus: off-street parking with a private two-car driveway. A smart addition to any portfolio!

Highlights

Home typeMulti Family
StatusActive
(New)
Size6,282 sqft
BasementYes
Lot size0.11 Acres
Year built1900
ParkingPaved Drive, Off Street, Paved
MLS #73363387

Summary

  • MLS Number: 73363387
  • MLS Name: MLS Property Information Network
  • Office Name: revolv of Dartmouth
  • Office Phone: (508) 901-5265
  • Listing Agent: Kimberly Silva

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: 4/24/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a porch, a chimney, and fence

$724,900

516 3rd St

$8,608

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 09, 1997
Home Sold
$137,000
Jun 20, 1996
Home Sold
$126,000

Tax history

YearAssessmentProperty Tax
2024$618,100$7,102
2023$515,800$6,329
2022$435,300$5,493
2021$359,100$4,966
2020$292,000$4,219
2019$265,400$3,870

History based on county public records data.

Nearby schools

2

William S Greene

Public District PK-5

0.7 mi

409 Cambridge St

2

Mary Fonseca Elementary School

Public District PK-5

1.1 mi

160 N Wall St

3

Carlton M. Viveiros Elementary School

Public District KG-5

1.1 mi

525 Slade 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 $30,274. The most common annual income of people living in Fall River, MA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

57%
<35k
40%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
26%
Single, with Kids
13%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Fall River, MA

About 516 3rd St

This home is located at 516 3rd St in Fall River, MA and zip code 02721. This 6,282 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 15 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $724,900.

In March 2025 more than 19 listings in Fall River, MA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Fall River, MA between February and March 2025 decreased by 2.6%. Listings spent 43 days on the market in March 2025, and had a median list price of $482,142 during the same period.

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

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