Welcome to the St. Louis Schoolhouse! McPherson Development has teamed up with MassHousing to provide affordable condominium housing options right in Fall River. Units will feature LED recessed lighting with smart wi-fi light switches, mini split AC units, on demand hot water system, a video doorbell system, high end counter tops, contemporary cabinet design, in unit washer and dryer appliances, floating vanities, and more. The community will feature bike storage, security camera system, a mail and storage room, trash chute system, conference room and co-working space, elevator, an elevated outdoor balcony for common use, and 18 parking spaces. This is truly an exceptional opportunity!
Middle Street-Broadway, located between Downtown Fall River and the Highlands, is a historic and mixed-use Fall River neighborhood with a mill-era streetscape and a Broadway corridor of storefronts. The neighborhood’s character concentrates around Broadway at Bedford Street, where corner shops, casual eateries, and service storefronts line the sidewalks under classic New England street trees. Triple-deckers and compact multifamily homes sit beside older commercial blocks, giving the area a lived-in, walkable rhythm. The Narrows Center for the Arts anchors nights with live music and gallery energy. Battleship Cove and the Fall River Heritage State Park add waterfront paths and big-sky views just off the grid. The Fall River Public Library’s Main Library brings a civic, architectural counterpoint to the neighborhood’s working-city texture.
Provided by Walk Score and Local Logic
Market insights
403 Division St #1 · $188,500
DAYS ON MARKET
34 days
The average home goes pending in 25 days.
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
LIST PRICE
$188,500
Median sale price in this area is $361,986. (92% higher than this home)
PRICE DROP
0 price drops
12% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Insulated windows
Two total rooms
Bedrooms
Master bedroom on the first floor
Bathrooms
One full bathroom on the first floor
Kitchen
Range
Range hood
Dishwasher
Disposal
Microwave
Refrigerator
Laundry & utility
In-unit laundry on the first floor (washer and dryer included)
Flooring
Tile
Vinyl
Heating & cooling
Heat pump (ductless) for heating and cooling
Exterior features
Ocean waterview
Elevator access
Clubroom
Storage
Home design
Condominium in a garden / mid-rise loft building
St. Louis Schoolhouse
One story (unit entry level 3)
Built in 2025 (public records)
Parking
One assigned, deeded off-street parking space (paved, exclusive)
Security
Intercom
TV monitor
Construction
Effective year built 2025
Utilities
Public water
Public sewer
Electric with circuit breakers
Electric provision for electric range
HOA & community
Monthly association fee of $247
HOA covers insurance, building and ground maintenance, security, snow removal, trash, and reserve funds
Association amenities include elevator(s), clubroom, and storage
Pets allowed with restrictions
Community access to public transportation, shopping, parks, medical facility, highway access, and T-Station
Electricity and solar
View estimated energy costs and solar savings for this home