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    Central Falls, RI
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    Central Falls, RI Residential Income Properties for Sale

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    Legal Three-Family with Townhouse Unit
    Updated: Mar 12
    Legal Three-Family with Townhouse Unit

    35 Rand Street, Central Falls, RI 02863

    $669,900
    4,170 sqft 0.17 AC lot
    Legal three‑family configuration with 2nd and 3rd floor townhouse‑style unit
    7‑bedroom townhouse unit spans the second and third floors
    First floor includes a combined 3/4 bedrooms plus large kitchen with dining area and double parlor rooms
    Basement legal unit has 2 bedrooms with electric heat and zoning certificate available
    Updated Navien heating systems for the other units
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    This listing looks promising.

    Here's a quick look at some key insights for

    35 Rand Street, Central Falls, RI 02863

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $55K
      Annual

    • Price @ 7% Cap

      $787K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1900
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    Legal Four-Family with Detached Garage
    Updated: Apr 15
    Legal Four-Family with Detached Garage

    156 Lincoln Avenue, Central Falls, RI 02863

    $800,000
    5,970 sqft 0.09 AC lot
    Legal four‑family with 2 to 4 bedroom unit mix and 13 total bedrooms
    Detached 2‑car garage plus ample off‑street parking
    0.09‑acre lot with 5,970 square feet
    R‑3 zoning; built in 1920
    Newer roof, replacement windows, and vinyl siding
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    Three-Unit Triplex with Updated Exterior
    Three-Unit Triplex with Updated Exterior

    2 King Street, Central Falls, RI 02863

    $710,000
    4,312 sqft 0.05 AC lot

    Three-unit triplex in Central Falls with multiple updated bathrooms, new roof and siding, and one unit currently vacant.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two Three-Unit Apartment Buildings
    Two Three-Unit Apartment Buildings

    70 Lincoln Avenue, Central Falls, RI 02863

    $1,050,000
    7,488 sqft 0.11 AC lot

    Two three-unit apartment buildings totaling six units on a 0.11-acre lot with natural gas baseboard heat and vinyl siding.

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    Duplex with Unfinished Basements
    Duplex with Unfinished Basements

    7 notre dame Street, Central Falls, RI 02863

    $589,900
    1,984 sqft 0.11 AC lot

    Duplex features two-bedroom units with separate metering, gas baseboard heat, wall A/C, and unfinished basements for storage.

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    Three-Family Residential Building
    Three-Family Residential Building

    872 Lonsdale Avenue, Central Falls, RI 02863

    $639,000
    3,604 sqft 0.07 AC lot

    Three-bedroom, one-bath units in a C-2 zoned triplex with separate utilities and a partially finished basement.

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    Tenant-Occupied Three-Family Home
    Tenant-Occupied Three-Family Home

    113 Summer Street, Central Falls, RI 02863

    $605,000
    2,730 sqft 0.12 AC lot

    Three updated residential units with separate utilities and off-street parking on a single lot.

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    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    14 Park Street, Central Falls, RI 02863

    $349,000
    1,644 sqft 0.10 AC lot

    Two-family duplex on a 0.1047-acre lot with a detached two-car garage, deck, and R2 zoning in Central Falls.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    14 Park Street, Central Falls, RI 02863

    $349,000
    1,644 sqft

    Two-family property with two separate units, plus a detached two-car garage and private driveway, sold as-is.

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    Turnkey 5-Unit Apartment Building
    Turnkey 5-Unit Apartment Building

    237 Cowden Street, Central Falls, RI 02863

    $1,200,000

    Fully renovated 5-unit building with new major systems and refreshed kitchens and baths, built for low-maintenance operation.

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    Central Falls Investment Opportunity
    Central Falls Investment Opportunity

    70 Lincoln Avenue, Central Falls, RI 02863

    $1,050,000

    Two well-maintained buildings, six units, strong income potential.

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

    72 Sylvian Street, Central Falls, RI 02863

    $497,000

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

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    373 Cowden Street, Central Falls, RI 02863

    $515,000

    Two-unit home with a 3-bedroom 1-bath first-floor unit and a combined townhouse-style unit with 4 bedrooms and 2 baths.

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    Turn-Key Six-Unit Multifamily
    Turn-Key Six-Unit Multifamily

    50 Garfield Street, Central Falls, RI 02863

    $995,000

    Renovated six-unit property with stainless steel kitchens, updated baths and floors, and extensive capital improvements.

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

    546 Lonsdale Avenue, Central Falls, RI 02863

    $979,000

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

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    35 Rand Street, Central Falls, RI 02863

    $669,900

    Legal three-family property with spacious units, substantial parking, and multiple residential layouts.

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    Central Falls Three-Family Home
    Central Falls Three-Family Home

    2 King Street, Central Falls, RI 02863

    $710,000

    Three-unit property with updated features and convenient location.

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    High-Cash-Flow Multifamily Investment Opportunity
    High-Cash-Flow Multifamily Investment Opportunity

    517 High, Central Falls, RI 02863

    $750,000

    Five units in excellent condition with reliable income and growth potential.

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    Three-Building Multifamily Package
    Three-Building Multifamily Package

    54 - 58 60 Parker St, Central Falls, RI 02863

    Contact for pricing

    Well-maintained 10-unit, three-building package with shared rear parking for all units.

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    Renovated Multi-Family Central Falls Property
    Renovated Multi-Family Central Falls Property

    116 Foundry Street, Central Falls, RI 02863

    Contact for pricing

    Five units, renovated, great location, investment or owner-occupancy opportunity.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Central Falls, RI, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

    Off-Market Properties in Central Falls, RI

    Consider similar Off-Market properties in Central Falls, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    116 Foundry St
    Land

    116 Foundry St, Central Falls, RI 02863

    Value Estimation by Request
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    381 Central St
    Multifamily properties

    381 Central St, Central Falls, RI 02863

    Value Estimation by Request
    View details

    Central Falls, RI Residential Income Properties Market Trends and Statistics

    Explore 23 residential income properties for sale in Central Falls, RI, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 37,266 square feet of properties for sale, with an estimated market value of $13,977,700.

    Sale prices for residential income properties in Central Falls, RI start at $349,000, averaging $735,668, and reaching up to $1,200,000 — 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

    Multifamily properties 22
    Triplexes 8
    Apartment buildings 7
    Duplexes 6
    Quadplexes 1

    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 $1M

    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

    Residential Income

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