For sale

Price cut: $10K (6/22)

$810,000

156 Lincoln Ave, Central Falls, RI 02863

13beds

4,060sqft

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Multi Family

Built in 1920

-- sqft lot

$806,700 Zestimate^®

$200/sqft

$-- HOA

What's special

Ample off-street parkingReplacement windowsNewer roofVinyl sidingClassic porches

This massive, fully rented legal 4-family offers a turnkey investment opportunity with a total of 13 bedrooms and significant income potential. The property features a versatile unit mix (ranging from 2 to 4 bedrooms), a detached 2-car garage for extra revenue, and ample off-street parking. Maintained for longevity, the building is up to fire code and boasts a newer roof, replacement windows, vinyl siding, and classic porches. Additionally, the basement provides extra finished space with two rooms and two full bathrooms, offering rare flexibility for a high-density asset.

96 days

328

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 4
Full bathrooms: 4

Heating

Electric, Natural Gas, Baseboard

Cooling

None

Appliances

Included: Gas Water Heater
Laundry: Off Site

Features

Flooring: Hardwood, Other, Vinyl
Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Utility
Has fireplace: No

Interior area

Total structure area: 5,970
Total interior livable area: 4,060 sqft

Property

Parking

Total spaces: 4
Parking features: Detached
Garage spaces: 2

Features

Stories: 4

Lot

Size: 3,920 Square Feet

Details

Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Brick/Mortar

Condition

New construction: No
Year built: 1920

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Central Falls

Financial & listing details

Price per square foot: $200/sqft
Annual tax amount: $7,515
Date on market: 4/15/2026
Total actual rent: 6650
Tenant pays: Heat

Estimated market value

$806,700

$766,000 - $847,000

$1,995/mo

Price history

Date	Event	Price
6/22/2026	Price change	$810,000-1.2%$200/sqft
Source: StateWide MLS RI #1410078 Report a problem
5/29/2026	Price change	$820,000-3.5%$202/sqft
Source: StateWide MLS RI #1410078 Report a problem
4/15/2026	Listed for sale	$850,000+21.4%$209/sqft
Source: StateWide MLS RI #1410078 Report a problem
2/22/2024	Sold	$699,900$172/sqft
Source: StateWide MLS RI #1347711 Report a problem
1/2/2024	Pending sale	$699,900$172/sqft
Source: StateWide MLS RI #1347711 Report a problem
12/11/2023	Listed for sale	$699,900$172/sqft
Source: StateWide MLS RI #1347711 Report a problem
11/17/2023	Pending sale	$699,900$172/sqft
Source: StateWide MLS RI #1347711 Report a problem
11/8/2023	Listed for sale	$699,900$172/sqft
Source: StateWide MLS RI #1347711 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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