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Sold
    • $780,000

    156 Lincoln Ave, Central Falls, RI 02863

    13beds
    4,060sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $780,300 Zestimate®
    $192/sqft
    $1,721 Estimated rent

    Home value

    $780,300

    $710,000 - $858,000

    $1,721/mo

    Zestimate® history

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Franshelly Tejeda 978-328-4028,

    Cameron Prestige, LLC

    Bought with:

    Ronald Papa, RES.0047243

    Smith and Oak Real Estate Co.

    Source: StateWide MLS RI,MLS#: 1410078MLS Logo

    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
    • Parcel number: CENTM04P293
    • Zoning: R-3
    • Special conditions: Conventional/Market Value

    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: $192/sqft
    • Tax assessed value: $568,900
    • Annual tax amount: $7,515
    • Date on market: 4/15/2026
    • Total actual rent: 7800
    • Tenant pays: Heat

    Price history

    DateEventPrice
    11/2/2026Sold$780,000$192/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    8/25/2026Pending sale$780,000$192/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    8/17/2026Price change$780,000-2.5%$192/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    7/29/2026Price change$800,000-1.2%$197/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    6/22/2026Price change$810,000-1.2%$200/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    5/29/2026Price change$820,000-3.5%$202/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    4/15/2026Listed for sale$850,000+21.4%$209/sqft
    Source: StateWide MLS RI #1410078 Report a problem
    2/22/2024Sold$699,900$172/sqft
    Source: StateWide MLS RI #1347711 Report a problem
    1/2/2024Pending sale$699,900$172/sqft
    Source: StateWide MLS RI #1347711 Report a problem
    12/11/2023Listed for sale$699,900$172/sqft
    Source: StateWide MLS RI #1347711 Report a problem
    11/17/2023Pending sale$699,900$172/sqft
    Source: StateWide MLS RI #1347711 Report a problem
    11/8/2023Listed for sale$699,900+774.9%$172/sqft
    Source: StateWide MLS RI #1347711 Report a problem
    11/17/2009Sold$80,000-77.1%$20/sqft
    Source: Public Record Report a problem
    4/16/2007Sold$350,000+55.6%$86/sqft
    Source: Public Record Report a problem
    3/4/2003Sold$225,000+28.6%$55/sqft
    Source: Public Record Report a problem
    8/22/2001Sold$175,000+84.2%$43/sqft
    Source: Public Record Report a problem
    7/27/1998Sold$95,000+216.7%$23/sqft
    Source: Public Record Report a problem
    6/18/1998Sold$30,000-77.8%$7/sqft
    Source: Public Record Report a problem
    6/21/1989Sold$135,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,515 +11.2%$568,900 +58.3%
    2024$6,758 +7.7%$359,300
    2023$6,273 $359,300
    2022$6,273 +12%$359,300 +52.4%
    2021$5,600 +0.3%$235,700
    2020$5,584 -4.3%$235,700
    2019$5,836 +24.4%$235,700 +32.2%
    2018$4,691 $178,300
    2017$4,691 +1.5%$178,300
    2016$4,623 +9.1%$178,300 +16.3%
    2015$4,236 +1.4%$153,300
    2014$4,179 +6%$153,300
    2013$3,943 +7%$153,300 +854.5%
    2012$3,686 +4.2%$16,060 -90%
    2011$3,538 +14.6%$160,600
    2010$3,087 -2.1%$160,600 -45.1%
    2009$3,153 +2.3%$292,500
    2008$3,083 +8.4%$292,500 +41.5%
    2006$2,844 +32.6%$206,700 +25.7%
    2005$2,145 $164,500
    2004$2,145 +7.2%$164,500 +95.4%
    2003$2,000 $84,200
    Find assessor info on the county website

    Neighborhood: 02863

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    Estimated market value

    $780,300

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    Estimated market value

    $780,300

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