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Five-Unit Multifamily Property
New
For Sale
$979,000

415 Rathbun Street, Woonsocket, RI 02895

Commercial Sale, Woonsocket, RI

Property SizeContact for details
Lot Size0.18 Acres
Days on Market3

Property Features for 415 Rathbun Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R4
Zoning description Legal Conforming
Directions Use GPS
Standard status Active
APN M:21I L:196 U:24
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7074

Building Details

Year built 1910
Listing Agency: Keller Williams Elite · Keller Williams Realty
Added: Sep 1 Last Checked: Sep 3 at 3:06PM
MLS# 73570516

Copyright © 2026 MLS Property Information Network 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 multifamily property includes two residential buildings on one lot. The front structure contains a side-by-side duplex, with each apartment offering four bedrooms, one and a half baths, a first-floor bedroom, three second-floor bedrooms, in-unit laundry, unfinished basement storage, and spacious living areas. Both units are currently rented. The rear structure is a renovated three-family building with three bedrooms, one full bath, living and dining areas, and a functional kitchen in each apartment. Those units are currently vacant.

The property sits on 0.18 acres and includes ample off-street parking. Zoned R4, the asset combines separate buildings with a five-unit residential configuration. The property was built in 1910 and is located near shopping, restaurants, schools, parks, and major commuter routes in Woonsocket.

Key Highlights

  • Five residential units across two buildings on one lot
  • Side‑by‑side duplex with 4 bedrooms and 1.5 baths per unit
  • Renovated rear three‑family building with 3‑bedroom units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Bakery Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,099
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate buildings offer a side-by-side duplex and a renovated three-family layout.
Where is this multifamily property located?
The property is located at 415 Rathbun Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Five residential units across two buildings on one lot; Side‑by‑side duplex with 4 bedrooms and 1.5 baths per unit; Renovated rear three‑family building with 3‑bedroom units
More about this property
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