Exceptional Investment or Owner-Occupied Opportunity located in the highly sought-after Rumford neighborhood of East Providence Discover the potential of this spacious two-family home in the prime location of Rumford, just steps from Central Pond Reservoir. Each unit offers generous living space with an eat-in kitchen, dining room, three bedrooms, and two baths along with a third level, whether for expansion or storage. Perfect for generating reliable rental income or accommodating multi-generational living. Each unit features hardwood flooring and a full basement provides valuable storage. Enjoy the convenience of off-street parking with two separate driveways. With its ideal layout, strong rental potential, and move-in-ready condition, this property presents a rare opportunity for investors or owner-occupants.
Sold for $640,000
$640,000
331 Newman Ave, Rumford, RI 02916
6beds
3,650sqft
Multi Family
Built in 1880
-- sqft lot
$656,100 Zestimate®
$175/sqft
$1,920 Estimated rent
Home value
$656,100
$584,000 - $735,000
$1,920/mo
Zestimate® history
Owner options
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$1,920/mo
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$1,920/mo
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$4,052/mo
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$4,052/mo
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List your homeWhat's special
Two separate drivewaysOff-street parkingFull basementGenerous living spaceHardwood flooringEat-in kitchenDining room
Zillow last checked:
Listing updated:
Listed by:
Lorraine Perri 401-222-9172,
Coldwell Banker Realty
Bought with:
Lorraine Perri, REB.0019260
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1398866
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Tub
Heating
- Natural Gas, Steam
Cooling
- None
Appliances
- Included: Gas Water Heater, Oven/Range, Refrigerator
- Laundry: Off Site
Features
- Wall (Cermaic), Wall (Dry Wall), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
- Flooring: Hardwood, Vinyl, Carpet
- Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
- Attic: Attic Stairs, Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,650
- Total interior livable area: 3,650 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 0.28 Acres
- Features: Sidewalks, Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 331NEWMANAVEPRO
- Zoning: MF
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Ceramic, Dry Wall, Clapboard, Wood
- Foundation: Concrete Perimeter, Mixed, Stone
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Municipal
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Hospital, Interstate, Public School, Restaurants, Schools, Near Shopping
- Subdivision: Rumford
HOA
- Has HOA: No
Location
- Region: Rumford
Financial & listing details
- Price per square foot: $175/sqft
- Annual tax amount: $10,558
- Date on market: 11/3/2025
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Sold | $640,000-2.9%$175/sqft |
Source:  StateWide MLS RI #1398866 Report a problem | ||
| 11/12/2025 | Pending sale | $659,000$181/sqft |
Source: StateWide MLS RI #1398866 Report a problem | ||
| 11/7/2025 | Contingent | $659,000$181/sqft |
Source: StateWide MLS RI #1398866 Report a problem | ||
| 11/3/2025 | Listed for sale | $659,000$181/sqft |
Source: StateWide MLS RI #1398866 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Rumford
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Nearby schools
GreatSchools rating
- 7/10Myron J. Francis Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Edward Martin Middle SchoolGrades: 6-8Distance: 2.6 mi
- 5/10East Providence High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$656,100
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
$656,100
- Rhode Island
- Providence County
- East Providence
- 02916
- Rumford
- 331 Newman Ave
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