$499,900

58 Downing St Fall River, MA 02723

$5,936
Closing credit¹
7 beds
3 full
3,305 sqft
0.1 acres
$151 / sqft
Multi-Family

Property details

About 58 Downing St

Discover an exceptional investment/rehab opportunity in the heart of Fall River with this distinguished 3-unit multi-family property. Offering a total of seven bedrooms and three baths, this property is poised for transformation. The expansive one-level main unit features three bedrooms, while the two additional townhouse-style units with their unique two level layouts each provide two bedrooms. Outside, you'll find a fenced backyard, perfect for relaxation or outdoor fun. Parking is a breeze with street parking, private parking, and a three-car garage with two additional storage rooms. This property presents the perfect canvas for customization, allowing you to enhance its value and make it truly your own.

Highlights

Home typeMulti Family
HeatingNatural Gas, Space Heater(s)
StatusAccepting Backup Offers
(Contingent)
Size3,305 sqft
BasementYes
Lot size0.15 Acres
Year built1900
ParkingPaved Drive, Tandem, Paved
MLS #73367236
Garage3 spaces

Summary

  • Full Bathrooms: 3
  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood, Tile, Vinyl, Carpet, Hardwood, Parquet
  • Interior: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Slider, Living Room, Dining Room, Kitchen, Loft
  • Total Bedroom Count: 7
  • Garage Space: 3 spaces
  • Parking: Paved Drive, Tandem, Paved
  • Exterior: Balcony/Deck, Balcony, Rain Gutters
  • Heating: Natural Gas, Space Heater(s)
  • Cooling: None
  • List Price: $499,900
  • Price/SqFt: $151
  • Annual Tax Amount: $4,613
  • Tax Year: 2024
  • Lot: Level
  • Directions: North on Eastern Ave, Turn left on Downing St.
  • Year Built: 1900
  • Stories: 5
  • Living Area: 3,305 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 73367236
  • MLS Name: MLS Property Information Network
  • Office Name: Compass
  • Office Phone: (617) 206-3333
  • Listing Agent: The Mathew J. Arruda Group

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: 5/17/2025, 12:20:25 AM 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 featuring a chimney

$499,900

58 Downing St

$5,936

closing credit¹

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Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$401,500$4,613
2023$331,600$4,069
2022$291,200$3,675
2021$254,500$3,520
2020$223,300$3,227
2019$193,900$2,827

History based on county public records data.

Nearby schools

2

Mary Fonseca Elementary School

Public District PK-5

0.5 mi

160 N Wall St

3

Samuel Watson

Public District KG-5

0.8 mi

935 Eastern Ave

2

William S Greene

Public District PK-5

1.2 mi

409 Cambridge 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 $28,916. Most Fall River, MA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

61%
<35k
36%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
26%
Single, with Kids
18%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • UFCUFC

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • Burger KingBurger King

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

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

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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 58 Downing St

This home is located at 58 Downing St in Fall River, MA and zip code 02723. This 3,305 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $499,900.

Fall River, MA housing market in April 2025 saw over 26 listings sold above listed price, more than 8 sold at listed price and over 15 sold below. The number of homes for sale in Fall River, MA increased by 1% between March and April 2025. Listings spent 55 days on the market in April 2025, and had a median list price of $476,000 during the same period.

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

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