Investment opportunity in Central Falls: a fully tenant-occupied three-family home for sale near downtown, the Pawtucket–Central Falls commuter rail station, and Jenks Park. Built in 1900 and offering 2,730 square feet across three updated units, this turnkey multi-family delivers immediate rental income from day one. The unit mix includes two 2-bedroom apartments and one 3-bedroom apartment, each with a full bath and its own updated kitchen. Separate gas and electric metering lets tenants pay their own utilities, while three gas boilers and three gas hot water tanks keep operating costs simple and predictable. Hardwood and vinyl floors run throughout, and a full basement adds shared storage and laundry potential. The roof is approximately 11 years old. A shared driveway provides off-street parking for up to six cars on a 5,227-square-foot lot. This commuter-friendly location puts you minutes from I-95 and Route 114, plus walkable access to Dexter Street and Broad Street shops and dining. Whether you are an investor expanding a portfolio or a first-time multi-family buyer looking to offset your mortgage, this updated income property is ready to perform. Schedule your private tour today.
Under contract
$605,000
113 Summer St, Central Falls, RI 02863
7beds
3,184sqft
Multi Family
Built in 1900
-- sqft lot
$611,900 Zestimate®
$190/sqft
$-- HOA
What's special
- 21 days |
- 358 |
- 22 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alexander Parmenidez 401-425-6957,
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1415251
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Copper), Plumbing (PEX), Insulation (Unknown)
- Flooring: Hardwood, Vinyl, Carpet
- Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,822
- Total interior livable area: 3,184 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Fencing: Fenced
Lot
- Size: 5,148 Square Feet
- Features: Paved, Sidewalks
Details
- Parcel number: CENTM06P122
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Plaster, Vinyl Siding
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming
HOA
- Has HOA: No
Location
- Region: Central Falls
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $448,900
- Annual tax amount: $5,930
- Date on market: 6/16/2026
- Total actual rent: 0
- Tenant pays: Heat
Estimated market value
$611,900
$581,000 - $642,000
$1,683/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Contingent | $605,000$190/sqft |
Source:  StateWide MLS RI #1415251 Report a problem | ||
| 6/16/2026 | Listed for sale | $605,000+290.3%$190/sqft |
Source: StateWide MLS RI #1415251 Report a problem | ||
| 4/8/2016 | Sold | $155,000-42.6%$49/sqft |
Source: Public Record Report a problem | ||
| 11/7/2014 | Sold | $270,000$85/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,930 +8.4% | $448,900 +54.4% |
| 2024 | $5,470 +7.7% | $290,800 |
| 2023 | $5,077 | $290,800 |
| 2022 | $5,077 +21.6% | $290,800 +65.5% |
| 2021 | $4,175 +0.3% | $175,700 |
| 2020 | $4,162 -4.3% | $175,700 |
| 2019 | $4,350 +22.6% | $175,700 +30.3% |
| 2018 | $3,547 | $134,800 |
| 2017 | $3,547 +1.5% | $134,800 |
| 2016 | $3,495 +14.7% | $134,800 +22.2% |
| 2015 | $3,048 +1.4% | $110,300 |
| 2014 | $3,007 +6% | $110,300 |
| 2013 | $2,837 +2.7% | $110,300 +816.1% |
| 2012 | $2,763 +4.2% | $12,040 -90% |
| 2011 | $2,652 +14.6% | $120,400 |
| 2010 | $2,314 -24.8% | $120,400 -57.8% |
| 2009 | $3,079 +2.3% | $285,600 |
| 2008 | $3,010 -15.7% | $285,600 +10% |
| 2006 | $3,572 | $259,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 02863
Nearby schools
GreatSchools rating
- 4/10Veterans Memorial Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Calcutt Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Central Falls Sr High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Rhode Island
- Providence County
- Central Falls
- 02863
- 113 Summer St
Nearby cities
Nearby zip codes
Other Central Falls Topics
