517 South Main St Fall River — Photo 1 of 34
Recent Drop: $50,000
$799,000
517 South Main St, Fall River, MA 02721
Fall River, MA 02721
Beds
18
Baths
7
SqFt
5,080
Style
5+ Family - Rooming House
Built
1900
Welcome to 517 South Main Street just steps from downtown, this three-story rooming house offers immediate access to all city amenities and consistent demand from local renters. The property features 18 rentable units, each pre-furnished, creating a turnkey setup for steady occupancy and streamlined management. Each floor includes a community bathroom, while several units offer enhanced private features: 4 units with full bathrooms, 9 rooms with private showers, 4 units equipped with kitchenettes, and every unit includes its own sink. Rents, appliances, and layouts vary by unit, allowing for flexible pricing strategies and value-add potential. The building is clean, well-maintained, and benefits from strong tenant continuity, making it an attractive option for investors seeking reliable cash flow.
Key facts
It was listed on June 5, 2026. The price has come down from an original $995,000 to $799,000 across 3 changes, most recently on September 18, 2026. The annual property taxes are $5,352 (2026 tax year). It sits on a 0.11-acre (4,591 sq ft) lot.
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Fall River, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Property History
$799,000
Was $849,000
Sep 18, 2026
MLS® 73533942
$849,000
Was $895,000
Aug 18, 2026
MLS® 73533942
$895,000
Was $995,000
Jul 20, 2026
MLS® 73533942
$995,000
Jun 5, 2026
MLS® 73533942
Questions about this home
When was 517 South Main St, Fall River listed?
517 South Main St, Fall River was listed on June 5, 2026.
Has the price of 517 South Main St, Fall River changed?
The price has come down from an original $995,000 to $799,000 across 3 changes, most recently on September 18, 2026.
What are the property taxes for 517 South Main St, Fall River?
The annual property taxes for 517 South Main St, Fall River are $5,352 (2026 tax year).
How big is the lot at 517 South Main St, Fall River?
517 South Main St, Fall River sits on a 0.11-acre (4,591 sq ft) lot.
What is the status of 517 South Main St, Fall River?
517 South Main St, Fall River is actively listed for sale.
Population
26,521
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$53K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
65.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Bristol County
1,079 housing units permitted in the last 12 months (+41% vs the prior 12 months) — 501 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: John P. Viveiros
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73533942
