Active
44 Days on market
282 Sprague Fall River — Photo 1 of 22

282 Sprague Fall River — Photo 1 of 22

Recent Drop: $49,900

$899,900
$850,000

$850,000

282 Sprague, Fall River, MA 02724

Fall River, MA 02724

Investor Analysis

Beds

12

Baths

6

SqFt

5,076

Style

5-9 Family

Built

1900

282 Sprague Street presents a strong six-unit multifamily opportunity in Fall River with in-place income and established occupancy.The property offers a desirable unit mix of two 3-bedroom, three 2-bedroom, and one 1-bedroom apartment, with all six unitscurrently occupied and scheduled rents totaling $8,114/month, or $97,368 annually. With 13 bedrooms, 6 baths, and 5,076 sq. ft.,the building also features separately metered units, supporting cleaner utility responsibility and investor underwriting. Convenientlylocated near Kennedy Park, local amenities, and Fall River waterfront attractions, this income-producing asset offers immediate rental performance with room for continued long-term ownership upside. Buyer to verify all information and perform due diligence. Rent Roll/unit Details:Unit 1N: $1250, TAW; Unit 1S: $1000, TAW; Unit 2N: $1614, TAW; Unit 2S: $1550, TAW, Unit 3N: $1200, TAW, Unit 3S: $1500, TAW

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$167/sqft
Local Avg (Fall River)$194/sqft
14% BelowMarket Average

* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Fall River, MA.

Property Details

Financials

Original Price$899,900
Annual Taxes$8,354

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms30
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR-4

Property & Lot

Acres0.1
SqFt Lot4,382
Lot FeaturesLevel

Neighborhood

Public Transportation • Park • Walk/Jog Trails

Geography

Property History

Price Drop
$850,000

Was $899,900

Sep 15, 2026

MLS® 73558524

Listed
$899,900

Aug 3, 2026

MLS® 73558524

Population

18,505

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$56K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

66.6%

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 Provided By

Listing Agent: Lyndsey Pachon

Listing Office: Lyndsey Pachon

MLS® Number: 73558524

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