Legal 4-Family with Detached
156 Lincoln Avenue Central Falls, RI 02863
For Sale
$810,000
MULTI_FAMILY - Central Falls, RI
Property Size5,970 SF
Lot Size0.09 Acres
Price / SF$135.68
Days on Market104
Property Features for 156 Lincoln Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 13
- Bathrooms
- 4
- Rooms
- Bedroom 8, Bedroom 2, Bedroom 13, Bathroom 4, Bedroom 6, Bedroom 9, Bedroom 3, Bedroom 11, Bedroom 12, Bathroom 3, Bedroom 10, Bedroom 5, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 1, Basement
- Parking
- 4
- Basement
- Partially Finished, Full
- Appliances
- Gas Water Heater
- Standard status
- Active
- 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: Jul 23
Last Checked: Jul 27 at 6:06AM
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.
This legal 4-family is fully rented and configured with a versatile unit mix ranging from 2 to 4 bedrooms, totaling 13 bedrooms across the building. A detached 2-car garage adds an additional enclosed parking component, and ample off-street parking supports tenant needs. The basement includes extra finished space with two rooms and two full bathrooms, creating useful flexibility beyond the main living units. The property has been maintained with fire code compliance, including a newer roof, replacement windows, vinyl siding, and classic porches.
Located at 156 Lincoln Avenue in Central Falls, Rhode Island, the property is zoned R-3. The site size is 0.09 acres, and the building totals 5,970 square feet.
For investors and owner-operators, this is a turnkey, stabilized 4-family package with a bedroom mix that can accommodate different tenant profiles. The combination of off-street parking, a detached garage, and finished basement bathrooms can be attractive for tenants looking for additional usable space within a higher-density residential income property.
Located at 156 Lincoln Avenue in Central Falls, Rhode Island, the property is zoned R-3. The site size is 0.09 acres, and the building totals 5,970 square feet.
For investors and owner-operators, this is a turnkey, stabilized 4-family package with a bedroom mix that can accommodate different tenant profiles. The combination of off-street parking, a detached garage, and finished basement bathrooms can be attractive for tenants looking for additional usable space within a higher-density residential income property.
Key Highlights
- Legal 4‑family fully rented with a total of 13 bedrooms (unit mix ranges from 2 to 4 bedrooms)
- Basement offers additional finished space with two rooms and two full bathrooms
- Newer roof and replacement windows, with vinyl siding and classic porches
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Turnkey four-unit rental with detached 2-car garage, off-street parking, and multiple roof and exterior updates.
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 $810,000.
What are key features of this property?
This property features: Legal 4‑family fully rented with a total of 13 bedrooms (unit mix ranges from 2 to 4 bedrooms); Basement offers additional finished space with two rooms and two full bathrooms; Newer roof and replacement windows, with vinyl siding and classic porches
