Search
Five-Unit Multifamily Property
For Sale
Contact for pricing

511 High St, Central Falls, RI 02863

Two multifamily buildings offer a mix of one-, two-, and three-bedroom units with off-street parking.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market144

Property Features for 511 High St

General Information

Standard status Active
Lot size 0.15 Acres
Property subtype Multifamily
Zoning R-20

Additional Details

Public Transit Yes
Multifamily Units 5

Building Details

Buildings 2
Listing Agency: Sweeney Real Estate
Listed By: Thomas Sweeney · License #RI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:08PM

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 Sweeney Real Estate

Investment Insights

Based on property information with market context.

This multifamily offering comprises two properties with five total units. The unit mix includes one-, two-, and three-bedroom layouts, each with one bathroom. The buildings sit on approximately 6,667 square feet of land and include off-street parking.

Located at 511–517 High Street in Central Falls, the property is approximately one mile from an MBTA station. R-20 zoning supports the existing multifamily configuration.

Key Highlights

  • Five total units across two multifamily properties
  • Mix of 1, 2 & 3 BR units, each with 1 bath
  • Approximately 6,667 SF of land

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Veterinary Clinic HVAC Service Garden Center Pet Grooming Service

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

1,547
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Two multifamily buildings offer a mix of one-, two-, and three-bedroom units with off-street parking.
Where is this multifamily property located?
The property is located at 511 High St Central Falls, RI.
What are key features of this property?
This property features: Five total units across two multifamily properties; Mix of 1, 2 & 3 BR units, each with 1 bath; Approximately 6,667 SF of land
(401) 331-9300 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message