165 Grant St Fall River — Photo 1 of 37
$388,000
Investment Analysis — 165 Grant St
Fall River, MA 02721
Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 4-bedroom in 02721 carries an estimated $2,130/mo in gross rent — about a 3.81% cap rate and $14,770/yr in estimated NOI at the $388,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,536
Style
Single Family
Built
1900
This Beautifully updated New England Colonial offering 4 bedrooms and 2 full baths which is recorded with the City as a two Family! Converted and used as a single family prior to current ownership, this home has the potential to be turned back into a two Family! Thoughtfully and functionally designed, with plenty of space on the first level for entertaining and relaxing with four generous bedrooms on the second level. This home blends classic charm with modern updates, featuring a flexible layout. Enjoy the convenience of spacious bedrooms, and sun-filled living areas and beautiful hardwood floor throughout. Step outside to a deck overlooking a backyard, perfect for entertaining, play, or relaxing outdoors. A rare opportunity to own a move-in-ready Colonial with outdoor space and versatility!
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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 2,775 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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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
Geography
Property History
$388,000
Aug 31, 2026
MLS® 73570211
$379,000
Jun 3, 2026
MLS® 73487551
$379,000
Mar 17, 2026
MLS® 73487551
$399,000
Mar 17, 2026
MLS® 73473658
$399,000
Feb 2, 2026
MLS® 73473658
Listing Agent: Luke Walen
Listing Office: Keller Williams South Watuppa
MLS® Number: 73570211