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Sold for $617,000
    • $617,000

    233 Waterman Ave, East Providence, RI 02914

    5beds
    2,665sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $642,700 Zestimate®
    $232/sqft
    $2,628 Estimated rent

    Home value

    $642,700

    $572,000 - $726,000

    $2,628/mo

    Zestimate® history
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    What's special

    New roofNewer replacement windowsNew vinyl sidingQuartz countertopsStunning new kitchenStainless steel appliancesRenovated modern bathroom
    Turnkey Three-Family with Immediate Income Potential! Exceptional investment opportunity in this updated three-family property. Boasting a new roof, new vinyl siding, and newer replacement windows, this property ensures low exterior maintenance for years to come. One unit has been beautifully remodeled with a stunning new kitchen featuring quartz countertops and stainless steel appliances, new flooring, and a renovated modern bathroom. Vacant and ready for immediate occupancy, this premium unit is ideal for a "house hacker" – live in luxury while the rental income from the other two units significantly offsets your mortgage! Nestled in East Providence, this property offers a peaceful residential setting with unparalleled convenience. Just minutes from Providence, it's exceptionally close to major hospitals (Rhode Island Hospital, Miriam Hospital) and numerous colleges and universities (Brown University, RISD, Providence College). The highly sought-after East Side of Providence, known for its charming shops and restaurants, is also a short drive away, further enhancing the property's value and rental demand. Don't miss this robust, income-producing asset in a high-demand rental market! Ideal for investors or owner-occupants looking to live virtually for free. Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    William Dubois 401-203-5302,

    Smith and Oak Real Estate Co.

    Bought with:

    Brooke Buckett, RES.0045279

    RE/MAX River's Edge

    Source: StateWide MLS RI,MLS#: 1387977MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area
    Features
    • Wall (Dry Wall), Wall (Plaster), Plumbing (Copper), Plumbing (Mixed), Plumbing (PEX), Insulation (Unknown)
    • Flooring: Hardwood, Laminate
    • Basement: Full,Walk-Out Access,Unfinished,Laundry
    • Attic: Attic Storage
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,665
    • Total interior livable area: 2,665 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 3
    • Fencing: Fenced
    Lot
    • Size: 5,000 Square Feet
    Details
    • Parcel number: EPROM206B16L007U
    • Zoning: C1
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Vinyl Siding
    • Foundation: Brick/Mortar, Mixed
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    HOA
    • Has HOA: No
    Location
    • Region: East Providence

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $520,900
    • Annual tax amount: $6,800
    • Date on market: 6/18/2025
    • Total actual rent: 3228

    Price history

    DateEventPrice
    8/8/2025Sold$617,000+3%$232/sqft
    Source: StateWide MLS RI #1387977 Report a problem
    7/8/2025Pending sale$599,000$225/sqft
    Source: StateWide MLS RI #1387977 Report a problem
    6/18/2025Listed for sale$599,000+33.1%$225/sqft
    Source: StateWide MLS RI #1387977 Report a problem
    1/24/2025Sold$450,000-9.8%$169/sqft
    Source: StateWide MLS RI #1374424 Report a problem
    12/16/2024Pending sale$499,000$187/sqft
    Source: StateWide MLS RI #1374424 Report a problem
    12/10/2024Listed for sale$499,000-9.1%$187/sqft
    Source: StateWide MLS RI #1374424 Report a problem
    12/2/2024Listing removed$549,000$206/sqft
    Source: StateWide MLS RI #1369783 Report a problem
    10/21/2024Price change$549,000-3.5%$206/sqft
    Source: StateWide MLS RI #1369783 Report a problem
    10/11/2024Price change$569,000-1.7%$214/sqft
    Source: StateWide MLS RI #1369783 Report a problem
    10/3/2024Listed for sale$579,000+221.7%$217/sqft
    Source: StateWide MLS RI #1369783 Report a problem
    8/5/2011Sold$180,000-5.2%$68/sqft
    Source: Public Record Report a problem
    3/22/2011Price change$189,900-5%$71/sqft
    Source: Mateus Realty #956074 Report a problem
    2/11/2011Price change$199,900-9.1%$75/sqft
    Source: Mateus Realty #956074 Report a problem
    2/6/2011Price change$219,900-4.3%$83/sqft
    Source: Mateus Realty #956074 Report a problem
    1/8/2011Price change$229,900-4.2%$86/sqft
    Source: Mateus Realty #956074 Report a problem
    2/25/2010Listed for sale$239,900-6.3%$90/sqft
    Source: Mateus Realty #956074 Report a problem
    11/4/2008Listing removed$255,900$96/sqft
    Source: NRT NewEngland #849820 Report a problem
    8/3/2008Listed for sale$255,900+42.2%$96/sqft
    Source: NRT NewEngland #849820 Report a problem
    5/7/2004Sold$180,000$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,808 +11.7%$520,900 +31%
    2024$6,097 +3.9%$397,700
    2023$5,870 +2.9%$397,700 +52.4%
    2022$5,705 +1.7%$261,000
    2021$5,612 +4.4%$261,000
    2020$5,374 +2.9%$261,000
    2019$5,225 +29.1%$261,000 +47.5%
    2018$4,047 +2.3%$176,900
    2017$3,957 +0.5%$176,900
    2016$3,938 +4.4%$176,900 +7.7%
    2015$3,771 $164,300
    2014$3,771 +0.7%$164,300
    2013$3,743 -1.2%$164,300 +799.3%
    2012$3,789 +2.5%$18,270 -90.1%
    2011$3,697 +3.5%$184,000
    2010$3,571 -3.8%$184,000 -23.5%
    2009$3,712 -4.2%$240,600 -7.4%
    2008$3,875 +3.5%$259,900
    2007$3,745 +24.6%$259,900 +45%
    2006$3,005 $179,300
    Find assessor info on the county website

    Neighborhood: 02914

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    Estimated market value
    $642,700
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    Estimated market value
    $642,700

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