Multifamily

Central Falls, RI Multifamily Properties for Sale

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35 properties
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Two-Unit Duplex with Flexible Third-Level Space
Updated: Sep 14
Two-Unit Duplex with Flexible Third-Level Space

40 Barber Avenue, Central Falls, RI 02863

$540,000
1,744 sqft 0.08 AC lot
Two‑unit duplex with 1,744 square feet of building area
Both units include two bedrooms and one bathroom
Upper unit has additional third‑level space
R2 zoning on a 0.0767‑acre lot
New roof, updated heating systems and new electrical panel
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Duplex with Detached Garage
Updated: Oct 22
Duplex with Detached Garage

57 Rand Street, Central Falls, RI 02863

$600,000
2,679 sqft 0.17 AC lot
Two three‑bedroom units in a 2,679‑square‑foot duplex
Four‑car garage
Third‑level area with potential for studio use
0.17‑acre lot with off‑street parking
R‑3 zoning
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Four-Unit Property with Five-Car Garage
Four-Unit Property with Five-Car Garage

100 Chestnut Street, Central Falls, RI 02863

$799,700
3,244 sqft 0.22 AC lot

A masonry exterior and a separate garage provide additional rental space on a 0.217-acre parcel.

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Three-Unit Triplex with Large Lot
Three-Unit Triplex with Large Lot

35 Rand St, Central Falls, RI 02863

$669,900
4,170 sqft

Three-family property with varied bedroom layouts, updated heating systems, and on-site parking near rail service and everyday amenities.

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3-Unit Triplex
3-Unit Triplex

142 Lincoln Avenue, Central Falls, RI 02863

$679,700
4,128 sqft 0.10 AC lot

Each residence has its own natural-gas baseboard heating system.

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4-Unit Side-by-Side Quadplex
4-Unit Side-by-Side Quadplex

112 Chestnut Street, Central Falls, RI 02863

$669,700
3,858 sqft 0.11 AC lot

The property is zoned R-3 and has long-standing month-to-month tenancies.

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Three-Unit Residential Property with Guest House
Three-Unit Residential Property with Guest House

12 Worth Street, Central Falls, RI 02863

$739,999
3,692 sqft 0.13 AC lot

Two separate residences provide three dwellings, including a recently remodeled single-family home.

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5-Unit Apartment Building
5-Unit Apartment Building

237 Cowden Street, Central Falls, RI 02863

$1,050,000
4,356 sqft

Renovated interiors and building systems complement a five-apartment layout with off-street parking.

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Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

237 Cowden Street, Central Falls, RI 02863

$1,050,000
0.10 AC lot

Updated building systems and a varied bedroom mix support its multifamily configuration.

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13-Bedroom Quadplex with Garage
13-Bedroom Quadplex with Garage

156 Lincoln Avenue, Central Falls, RI 02863

$780,000
5,970 sqft 0.09 AC lot

Four legally recognized residences with varied layouts, off-street parking, and a separate garage structure.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

142 Lincoln Ave, Central Falls, RI 02863

$679,700
4,128 sqft

Residential income property with separate gas baseboard hot water heating serving each unit.

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Duplex
Duplex

126 Earle Street, Central Falls, RI 02863

$495,000
2,436 sqft 0.18 AC lot

Steam heat and a gas water heater serve this residential income property.

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3-Unit Triplex with Garage
3-Unit Triplex with Garage

Central Falls, RI 02863

$625,000
2,666 sqft 0.09 AC lot

Three residential units are complemented by off-street parking and a yard.

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Renovated Two-Family Duplex
Renovated Two-Family Duplex

40 Barber Avenue, Central Falls, RI 02863

$540,000
1,744 sqft

Renovated duplex with updated systems and adaptable third-level space.

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3-Unit Triplex with Porch
3-Unit Triplex with Porch

Central Falls, RI 02863

$625,000
2,768 sqft 0.12 AC lot

Seven bedrooms and three bathrooms are arranged across the residential units.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

863 Broad Street, Central Falls, RI 02863

$550,000
1,264 sqft

Commercial space occupies the ground level, with residential floors above and on-site parking.

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6-Unit Multifamily Investment Property
6-Unit Multifamily Investment Property

29 Mowry Street, Central Falls, RI 02863

$850,000
3,720 sqft

Six 2-bedroom units with separately metered utilities and off-street parking support a straightforward rental setup.

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Masonry Four-Unit Quadplex
Masonry Four-Unit Quadplex

100 Chestnut Street, Central Falls, RI 02863

$799,700
3,244 sqft

Masonry construction and garage space complement this four-unit residential income property.

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Two-Level Quadplex with Front Porches
Two-Level Quadplex with Front Porches

112 Chestnut St, Central Falls, RI 02863

$669,700
3,858 sqft

A side-by-side residential configuration features vinyl siding and month-to-month tenancy.

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Duplex with First-Floor Storefront
Duplex with First-Floor Storefront

195 Cross Street, Central Falls, RI 02864

$495,000
1,976 sqft

The first-floor unit will be delivered vacant and includes a storefront area currently used for retail activity.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

16 Fales Street, Central Falls, RI 02863

$699,995
3,924 sqft

Three apartments combine owner-occupant flexibility with the potential for rental income from the other two units.

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Two-Family Residential Income Property
Two-Family Residential Income Property

72 Sylvian St, Central Falls, RI 02863

$477,000
2,840 sqft

Well-maintained two-family home with spacious living areas and off-street parking for multiple vehicles.

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Mixed-Use Multifamily with Bar
Mixed-Use Multifamily with Bar

546 Lonsdale Ave, Central Falls, RI 02863

$979,000
3,669 sqft

Established property with two two-bedroom apartments and an operating bar restaurant, plus a 2-car garage and extensive parking.

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Four-Unit Multifamily Property with Garage
Four-Unit Multifamily Property with Garage

28 Knight Street, Central Falls, RI 02863

$710,000
3,681 sqft

A varied bedroom mix, private parking, porches, and an oversized garage support the property’s residential configuration.

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Central Falls, RI Multifamily Properties Market Trends and Statistics

Explore 36 multifamily properties for sale in Central Falls, RI, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 75,759 square feet of properties for sale, with an estimated market value of $23,464,094.

Sale prices for multifamily properties in Central Falls, RI start at $477,000, averaging $690,120, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 14
Duplexes 9
Apartment buildings 7
Quadplexes 7

Demographics Overview

Population 22K
Population Growth (5Y) +16.2%
Median Household Income $45,921
College Educated 13.2%

High-Yield Neighborhoods for Investment

Identify Central Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02863 $692.9K

Taxes & Financing

Tax Rate (average for all types) 2.85%
Property Tax per SF $17.82 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Providence County

Office

Residential Income

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