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5-Unit Apartment Building
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281 South Main Street, Woonsocket, RI 02895

A varied unit mix includes basement laundry and off-street parking.

Property SizeContact for details
Days on Market142

Property Features for 281 South Main Street

General Information

Standard status Active
Property subtype Land, Multifamily

Units

Unit Mix 2 x 3BR, 2 x 2BR, 1 x 4BR
Multifamily Units 5

Additional Details

Highway Access Yes

Amenities

off-street parking
coin-operated laundry
walk-up attic

Building Details

Buildings 1
Listing Agency: Century 21 The Seyboth Team
Listed By: Kyle Seyboth · License #RI, MA
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 6:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Seyboth Team

Investment Insights

Based on property information with market context.

This five-unit apartment building offers a mix of two 3-bedroom apartments, two 2-bedroom apartments, and one 4-bedroom apartment. The property includes off-street parking, a walk-up attic, and a coin-operated laundry area in the basement. Building improvements include a newer roof approximately 2 years old, a full fire system, lead certificates for all units, and no city violations.

Located at 281 South Main Street in Woonsocket, the property is near major highways, shopping, and area amenities. The source information also identifies space that may support adding more units, subject to applicable approvals and requirements.

Key Highlights

  • Five‑unit apartment building with two 3‑bedroom, two 2‑bedroom, and one 4‑bedroom apartment
  • Off‑street parking included
  • Roof approximately 2 years old

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Gym & Fitness Center Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby

Demographics for 02895, RI

43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A varied unit mix includes basement laundry and off-street parking.
Where is this apartment building located?
The property is located at 281 South Main Street Woonsocket, RI.
What are key features of this property?
This property features: Five‑unit apartment building with two 3‑bedroom, two 2‑bedroom, and one 4‑bedroom apartment; Off‑street parking included; Roof approximately 2 years old
(508) 726-3492 Call to check price and availability
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