Sold for $500,000

$500,000

125-127 School St, Central Falls, RI 02863

9beds

3,459sqft

MultiFamily

Built in 1900

-- sqft lot

$515,000 Zestimate^®

$145/sqft

$1,971 Estimated rent

Home value

$515,000

$458,000 - $577,000

$1,971/mo

Zestimate^® history

Owner options

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$1,971/mo

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$1,971/mo

Rent Zestimate^®

Refinance and save

$2,576/mo

Est. payment

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$2,576/mo

Est. payment

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What's special

THREE FAMILY!!! *GREAT FIND FOR INVESTORS, OR OWNER OCCUPIED WITH RENTAL INCOME. This well maintained fully occupied multifamily is a solid investment with each unit consisting of three beds. Property has been well maintained and updated and is in move in condition. Off street parking. Maintenance free exterior with vinyl siding, new roof, updated electrical and plumbing. Current rents are far below market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 3
Full bathrooms: 3

Heating

Forced air, Gas

Cooling

None

Appliances

Included: Dryer, Range / Oven, Refrigerator, Washer
Laundry: In Building

Features

Flooring: Carpet, Hardwood, Laminate
Basement: Unfinished

Interior area

Total interior livable area: 3,459 sqft

Property

Features

Exterior features: Vinyl

Lot

Size: 5,000 Square Feet

Details

Parcel number: CENTM07P108

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Roof: Asphalt

Condition

Year built: 1900

Utilities & green energy

Electric: 100 Amps, Circuit Breaker
Sewer: Connected

Community & HOA

Location

Region: Central Falls

Financial & listing details

Price per square foot: $145/sqft
Tax assessed value: $500,600
Annual tax amount: $6,613

Price history

Date	Event	Price
12/17/2025	Sold	$500,000+51.1%$145/sqft
Source: Public Record Report a problem
6/8/2020	Sold	$331,000+0.9%$96/sqft
Source: StateWide MLS RI #1251208 Report a problem
4/6/2020	Listed for sale	$328,000$95/sqft
Source: RE/MAX Preferred #1251208 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,613 +7%	$500,600 +52.3%
2024	$6,183 +7.7%	$328,700
2023	$5,739	$328,700
2022	$5,739 +28.4%	$328,700 +74.7%
2021	$4,469 +0.3%	$188,100
2020	$4,456 -4.3%	$188,100
2019	$4,657 +19.2%	$188,100 +26.7%
2018	$3,907	$148,500
2017	$3,907 +1.5%	$148,500
2016	$3,851 +15.1%	$148,500 +22.6%
2015	$3,346 +1.4%	$121,100
2014	$3,301 +6%	$121,100
2013	$3,115 +3.9%	$121,100 +827.3%
2012	$2,997 +4.2%	$13,060 -90%
2011	$2,877 +14.6%	$130,600
2010	$2,510 -20.8%	$130,600 -55.6%
2009	$3,169 +2.3%	$294,000
2008	$3,099 +4.9%	$294,000 +36.9%
2006	$2,954 +5.5%	$214,700
2005	$2,800	$214,700
2004	$2,800 +23.6%	$214,700 +125.1%
2003	$2,266	$95,400