13-Bedroom Quadplex with
For Sale
$780,000
Pending
156 Lincoln Avenue, Central Falls, RI 02863
Residential Income, Central Falls, RI
Property Size5,970 SF
Lot Size0.09 Acres
Days on Market150
Property Features for 156 Lincoln Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
13
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Basement, Bathroom 1, Bedroom 12, Bathroom 2, Bedroom 9, Bedroom 8, Bathroom 3, Bedroom 10, Bedroom 3, Bedroom 11, Bedroom 13, Bedroom 4, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 2
Parking
4
Basement
Full, Partially Finished
Appliances
Gas Water Heater
Standard status
Pending
Size
5,970 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7515
Utilities
Heating system
Electric (Heating), Baseboard, Natural Gas
Water source
Public
Building Details
Year built
1920
Floors in Building
4
Number of units
4
Flooring type
Vinyl, Hardwood
Building materials
Vinyl Siding
Listing Agency:
Cameron Prestige, Llc
(857) 331-5127
Listed By:
Franshelly Tejeda
(978) 328-4028
Added: Apr 15
Changed: Sep 7
Last Checked: Sep 11 at 5:06PM
MLS# 1410078
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1920, this R-3-zoned quadplex contains 5,970 square feet on a 0.09-acre parcel in Central Falls. The four-family configuration includes 13 bedrooms, with individual residences ranging from two to four bedrooms. Hardwood and vinyl flooring, vinyl siding, replacement windows, and a newer roof are among the documented improvements. Natural gas, baseboard, and electric heating systems are in place, along with a gas water heater and public water service.
A detached two-car garage complements the building, while off-street parking supports the property. The basement adds two finished rooms and two full bathrooms, providing additional usable space within the existing structure. Classic porches and fire-code compliance are also noted.
A detached two-car garage complements the building, while off-street parking supports the property. The basement adds two finished rooms and two full bathrooms, providing additional usable space within the existing structure. Classic porches and fire-code compliance are also noted.
Key Highlights
- Legal 4‑family property with 13 bedrooms and a 2- to 4‑bedroom unit mix
- 5,970 square feet on a 0.09‑acre R‑3‑zoned parcel
- Detached 2‑car garage and ample off‑street parking
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
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Business Placement
Demographics for 02863, RI
22,596
Population
8,341
Households
2.7
Avg Household Size
32
Median Age
12%
College-Educated
60%
High-School Grad
1.2 sq mi
ZIP Area
18,830
Density / Sq Mi
$45,921
Median Household Income
$30,050
Median Earnings
$1,118
Median Rent
$300,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four legally recognized residences with varied layouts, off-street parking, and a separate garage structure.
Where is this quadplex located?
The property is located at 156 Lincoln Avenue Central Falls, RI.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Legal 4‑family property with 13 bedrooms and a 2- to 4‑bedroom unit mix; 5,970 square feet on a 0.09‑acre R‑3‑zoned parcel; Detached 2‑car garage and ample off‑street parking
