554 Madison Street Fall River — Photo 1 of 30
Recent Drop: $10,000
$529,900
554 Madison Street, Fall River, MA 02720
Fall River, MA 02720
Beds
3
Baths
1.5
SqFt
2,244
Style
Single Family
Built
1950
Located in the much sought after Highland neighborhood, this Madison Street classic ranch is perfect for the first time home buyer or someone looking to downsize. Features include an ample size open living/ dining room with hardwood floors and a fireplace. There is a spacious fully appliance kitchen and recently re-modeled bathroom. The large primary bedroom has an attached 1/2 bath The front to back sunroom located on the south side of the home is also another charming feature of this home. The partially finished basement can be utilized many different ways conducive to your lifestyle.There is a one car detached garage,a three car tandem driveway and a fenced in yard. Easy highway access and fairly close proximity to waterfront attractions and the MBTA rail station.
Key facts
It was listed on April 9, 2026. The price has come down from an original $549,900 to $529,900 across 2 changes, most recently on June 7, 2026. The annual property taxes are $5,062 (2025 tax year). It sits on a 0.13-acre (5,854 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fall River, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Property History
$529,900
Was $539,900
Jun 7, 2026
MLS® 73499215
$539,900
Was $549,900
May 12, 2026
MLS® 73499215
$549,900
Apr 9, 2026
MLS® 73499215
Questions about this home
When was 554 Madison Street, Fall River listed?
554 Madison Street, Fall River was listed on April 9, 2026.
Has the price of 554 Madison Street, Fall River changed?
The price has come down from an original $549,900 to $529,900 across 2 changes, most recently on June 7, 2026.
What are the property taxes for 554 Madison Street, Fall River?
The annual property taxes for 554 Madison Street, Fall River are $5,062 (2025 tax year).
How big is the lot at 554 Madison Street, Fall River?
554 Madison Street, Fall River sits on a 0.13-acre (5,854 sq ft) lot.
What is the status of 554 Madison Street, Fall River?
554 Madison Street, Fall River is actively listed for sale.
Population
30,940
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$62K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
62.5%
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)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,244 sq ft principal dwelling). Lot size: 5,854 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Donna Catalan
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73499215
