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.
Pending
Price cut: $20K (8/17)
$780,000
156 Lincoln Ave, Central Falls, RI 02863
13beds
4,060sqft
Multi Family
Built in 1920
-- sqft lot
$756,800 Zestimate®
$192/sqft
$-- HOA
What's special
Ample off-street parkingReplacement windowsNewer roofVinyl sidingClassic porches
- 193 days
- 36
- 0
Zillow last checked:
Listing updated:
Listed by:
Franshelly Tejeda 978-328-4028,
Cameron Prestige, LLC
Source: StateWide MLS RI,MLS#: 1410078
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: $192/sqft
- Annual tax amount: $7,515
- Date on market: 4/15/2026
- Total actual rent: 7800
- Tenant pays: Heat
Estimated market value
$756,800
$719,000 - $795,000
$1,528/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Pending sale | $780,000$192/sqft |
Source: | ||
| 8/17/2026 | Price change | $780,000-2.5%$192/sqft |
Source: | ||
| 7/29/2026 | Price change | $800,000-1.2%$197/sqft |
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| 6/22/2026 | Price change | $810,000-1.2%$200/sqft |
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| 5/29/2026 | Price change | $820,000-3.5%$202/sqft |
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| 4/15/2026 | Listed for sale | $850,000+21.4%$209/sqft |
Source: | ||
| 2/22/2024 | Sold | $699,900$172/sqft |
Source: | ||
| 1/2/2024 | Pending sale | $699,900$172/sqft |
Source: | ||
| 12/11/2023 | Listed for sale | $699,900$172/sqft |
Source: | ||
| 11/17/2023 | Pending sale | $699,900$172/sqft |
Source: | ||
| 11/8/2023 | Listed for sale | $699,900$172/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







