Rare Opportunity in Smithfield! Affordable two-family home on a double lot - sale includes an additional lot in North Providence. Great rental income potential for investors or owner-occupants. Close to amenitites with excellent highway access. Don't miss this one!
Sold for $418,000
$418,000
253 Waterman Ave, Smithfield, RI 02917
4beds
1,879sqft
Multi Family
Built in 1920
-- sqft lot
$393,800 Zestimate®
$222/sqft
$2,029 Estimated rent
Home value
$393,800
$374,000 - $413,000
$2,029/mo
Zestimate® history
Owner options
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$2,029/mo
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$2,154/mo
Est. payment
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$2,154/mo
Est. payment
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List your homeWhat's special
Double lot
Zillow last checked:
Listing updated:
Listed by:
Karl Martone 401-232-7900,
RE/MAX Properties
Bought with:
Slocum Home Team
eXp Realty
Source: StateWide MLS RI,MLS#: 1411426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: In Building
Features
- Plumbing (Mixed), Insulation (Unknown)
- Flooring: Laminate, Other, Carpet
- Basement: Full,Interior Entry,Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,879
- Total interior livable area: 1,879 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 0.4 Acres
- Features: Extra Lot
Details
- Parcel number: SMITM28B000L064U
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
- Subdivision: Providence Line
HOA
- Has HOA: No
Location
- Region: Smithfield
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $361,600
- Annual tax amount: $4,968
- Date on market: 4/30/2026
- Inclusions: Sale includes lot in North Providence, Plat 20 Lot 22
- Total actual rent: 1600
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $418,000+4.5%$222/sqft |
Source:  StateWide MLS RI #1411426 Report a problem | ||
| 6/5/2026 | Pending sale | $399,999$213/sqft |
Source: StateWide MLS RI #1411426 Report a problem | ||
| 5/26/2026 | Listed for sale | $399,999$213/sqft |
Source: StateWide MLS RI #1411426 Report a problem | ||
| 5/11/2026 | Pending sale | $399,999$213/sqft |
Source: StateWide MLS RI #1411426 Report a problem | ||
| 4/30/2026 | Listed for sale | $399,999+239%$213/sqft |
Source: StateWide MLS RI #1411426 Report a problem | ||
| 9/30/1998 | Sold | $118,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,480 +15.4% | $361,600 +34.5% |
| 2024 | $3,883 +5.3% | $268,900 |
| 2023 | $3,689 +2.7% | $268,900 |
| 2022 | $3,593 +15.6% | $268,900 +48.2% |
| 2021 | $3,109 0% | $181,500 |
| 2020 | $3,109 +1.9% | $181,500 |
| 2019 | $3,051 +17.2% | $181,500 +22.4% |
| 2018 | $2,604 +0% | $148,300 |
| 2017 | $2,604 +5% | $148,300 |
| 2016 | $2,481 -13% | $148,300 -8.7% |
| 2015 | $2,853 +1.2% | $162,400 -7.7% |
| 2012 | $2,820 +1.1% | $176,000 |
| 2011 | $2,790 +1.7% | $176,000 |
| 2010 | $2,744 -15.8% | $176,000 -24.5% |
| 2009 | $3,257 +2.2% | $233,000 |
| 2008 | $3,187 +3.4% | $233,000 |
| 2007 | $3,083 +7.6% | $233,000 +25.2% |
| 2006 | $2,866 +4.9% | $186,100 |
| 2005 | $2,732 +5.2% | $186,100 |
| 2004 | $2,596 | $186,100 |
Find assessor info on the county website
Neighborhood: 02917
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Nearby schools
GreatSchools rating
- 8/10Old County Road SchoolGrades: K-5Distance: 1.4 mi
- 7/10Vincent J. Gallagher Middle SchoolGrades: 6-8Distance: 2.8 mi
- 6/10Smithfield High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$393,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$393,800
- Rhode Island
- Providence County
- Smithfield
- 02917
- 253 Waterman Ave
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