Apartment Building

Central Falls, RI Apartment Buildings for Sale

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30-Unit Apartment Building
Updated: May 21
30-Unit Apartment Building

387 Broad Street, Central Falls, RI 02863

$6,200,000
0.61 AC lot
30‑unit apartment building on 0.61 acres
Unit mix includes 22 studios, 4 one‑bedroom units, and 4 two‑bedroom units
Brick construction with a 1900 build year
387 Broad Street location along the Broad Street corridor
Near Pawtucket/Central Falls Transit Center with commuter rail access to Boston
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Renovated 5-Unit Apartment Building
Updated: Jun 9
Renovated 5-Unit Apartment Building

237 Cowden Street, Central Falls, RI 02863

$1,100,000
0.10 AC lot
Five residential units: four 2‑bedroom, 1‑bath units and one 4‑bedroom, 2‑bath unit
100% renovated with updated plumbing, electrical, HVAC, insulation, kitchens, and bathrooms
0.1‑acre property in Central Falls, RI
Built in 1900
Forced‑air heating and window unit cooling
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6-Unit Multifamily Investment Property
6-Unit Multifamily Investment Property

29 Mowry Street, Central Falls, RI 02863

$850,000
3,720 sqft

Six 2-bedroom units with separately metered utilities and off-street parking support a straightforward rental setup.

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Renovated 6-Unit Apartment Building
Renovated 6-Unit Apartment Building

207 Cross St, Central Falls, RI 02863

$1,100,000

Updated units, a garage, and off-street parking support an established multifamily rental configuration.

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Renovated 6-Unit Apartment Building
Renovated 6-Unit Apartment Building

Central Falls, RI 02863

$895,000

Renovated apartments include stainless-steel kitchens, updated flooring and baths, plus building-wide fire and security systems.

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Renovated 30-Unit Apartment Building
Renovated 30-Unit Apartment Building

387 Broad Street, Central Falls, RI 02863

$6,200,000

Recent interior updates span studio, one-bedroom, and two-bedroom layouts.

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High-Cash-Flow Multifamily Investment Opportunity
High-Cash-Flow Multifamily Investment Opportunity

517 High Street, Central Falls, RI 02863

$750,000

Five units in excellent condition with reliable income and growth potential.

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Renovated Multi-Family Central Falls Property
Renovated Multi-Family Central Falls Property

116 Foundry Street, Central Falls, RI 02863

Contact for pricing

Five units, renovated, great location, investment or owner-occupancy opportunity.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Central Falls, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

5-Unit Victorian Apartment Building
5-Unit Victorian Apartment Building

5 Hillside Avenue, Providence, RI 02906

$1,690,000
5,961 sqft 0.11 AC lot

Updated historic multifamily property with month-to-month occupancy, modernized building systems, and a fifth owner’s unit.

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Five-Unit Apartment Building
Five-Unit Apartment Building

62 Conant Street, Pawtucket, RI 02860

$760,000
5,188 sqft 0.23 AC lot

Fully occupied residential property with one-bedroom layouts, off-street parking, and direct access to commuter rail service.

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Victorian Multifamily Property
Victorian Multifamily Property

5 Hillside Ave, Providence, RI 02906

$1,690,000
5,961 sqft

Historic East Side residence with five units, updated systems, and a mix of month-to-month tenancies.

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6-Unit Apartment Building
6-Unit Apartment Building

18 Orchard Street, Pawtucket, RI 02860

$699,900

Multifamily property with varied layouts, separate electric service, a detached garage, and on-site parking.

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Off-Market Properties in Central Falls, RI

Consider similar Off-Market properties in Central Falls, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

381 Central St
Multifamily properties

381 Central St, Central Falls, RI 02863

Estimated value:
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Central Falls, RI Apartment Buildings Market Trends and Statistics

Explore 9 apartment buildings for sale in Central Falls, RI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 3,720 square feet of properties for sale, with an estimated market value of $17,095,000.

Sale prices for two-family homes in Central Falls, RI start at $750,000, averaging $2,442,142, and reaching up to $6,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 22K
Population Growth (5Y) +16.2%
Median Household Income $45,921
College Educated 13.2%

High-Yield Neighborhoods for Investment

Identify Central Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02863 $2.3M

Taxes & Financing

Tax Rate (average for all types) 2.85%
Property Tax per SF $17.82 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Providence County

Office

Residential Income

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