Sold for $500,000

$500,000

218 Central St, Central Falls, RI 02863

8beds

2,886sqft

Multi Family

Built in 1900

-- sqft lot

$507,200 Zestimate^®

$173/sqft

$1,654 Estimated rent

Home value

$507,200

$451,000 - $568,000

$1,654/mo

Zestimate^® history

Owner options

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$1,654/mo

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$1,654/mo

Rent Zestimate^®

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$2,576/mo

Est. payment

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$2,576/mo

Est. payment

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What's special

Plenty of off-street parkingEfficient and reliable comfort

Multi-Family Property – Central Falls, RI Great opportunity to own a 3-unit property in Central Falls, subject to probate. Conveniently located close to all amenities, including shops, schools, and public transportation. This property offers plenty of off-street parking, with additional street parking often available. Each unit features gas heat, providing efficient and reliable comfort. With strong rental potential and a desirable location, this property is ideal for investors or owner-occupants alike. BEING SOLD "AS IS"

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Natural Gas, Baseboard

Cooling

None

Appliances

Included: Gas Water Heater

Features

Plumbing (Mixed), Insulation (Unknown)
Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Kitchen,Living Room
Has fireplace: No

Interior area

Total structure area: 2,886
Total interior livable area: 2,886 sqft

Property

Parking

Total spaces: 4
Parking features: No Garage

Features

Stories: 3

Lot

Size: 4,356 sqft

Details

Parcel number: CENTM05P66
Special conditions: Conventional/Market Value

Construction

Type & style

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

Materials

Other Siding

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Utilities for property: Sewer Connected, Water Connected

Community & neighborhood

Location

Region: Central Falls

HOA & financial

Other financial information

Total actual rent: 1400

Price history

Date	Event	Price
3/10/2026	Sold	$500,000+1%$173/sqft
Source: StateWide MLS RI #1402745 Report a problem
1/29/2026	Contingent	$495,000$172/sqft
Source: StateWide MLS RI #1402745 Report a problem
1/10/2026	Listed for sale	$495,000+280.8%$172/sqft
Source: StateWide MLS RI #1402745 Report a problem
10/14/2016	Sold	$130,000$45/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,024 +5.9%	$456,000 +50.8%
2024	$5,686 +55.6%	$302,300 -0.8%
2023	$3,655	$304,600
2022	$3,655 -12.9%	$304,600 +72.5%
2021	$4,196 +0.3%	$176,600
2020	$4,184 -4.3%	$176,600
2019	$4,373 +21.2%	$176,600 +28.8%
2018	$3,607	$137,100
2017	$3,607 +1.5%	$137,100
2016	$3,555 +14.6%	$137,100 +22.1%
2015	$3,103 +1.4%	$112,300
2014	$3,061 +6%	$112,300
2013	$2,888 +4.1%	$112,300 +828.9%
2012	$2,775 +4.2%	$12,090 -90%
2011	$2,663 +14.6%	$120,900
2010	$2,324 -8.9%	$120,900 -48.9%
2009	$2,551 +2.3%	$236,600
2008	$2,494 -17.7%	$236,600 +7.4%
2006	$3,030 +5.5%	$220,200
2005	$2,871 -34.8%	$220,200 -34.8%
2004	$4,405 +92%	$337,800 +249.7%
2003	$2,294	$96,600