For sale

$699,000

422 East Ave, Pawtucket, RI 02860

6beds

2,864sqft

$4,674/mo

Get pre-qualified

Multi Family

Built in 1880

-- sqft lot

$682,200 Zestimate^®

$244/sqft

$-- HOA

What's special

Plenty of parkingDesirable oversized lot

Exceptional investment opportunity! This well-maintained multi-family property features three spacious 2-bedroom units situated on a desirable oversized lot in a highly convenient location close to shopping, dining, schools, public transportation, and major routes. Recent improvements include a new roof, new siding, and two new hot water heaters, offering added value and peace of mind. Each unit provides generous living space with functional layouts, making the property attractive to both tenants and owner-occupants with plenty of parking as well. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while collecting rental income from the others, this property offers excellent potential. Don't miss the chance to own a versatile income-producing property with room to grow.

28 days
747
38

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Bathroom

Features: Bath w Shower Stall, Bath w Tub & Shower

Heating

Natural Gas, Baseboard, Forced Water

Cooling

None

Appliances

Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
Laundry: In Building

Features

Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
Flooring: Laminate, Vinyl
Basement: Full,Interior and Exterior,Unfinished,Common,Laundry,Storage Space,Utility
Has fireplace: No

Interior area

Total structure area: 2,864
Total interior livable area: 2,864 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage

Features

Stories: 3
Patio & porch: Deck
Fencing: Fenced

Lot

Size: 7,405 Square Feet
Features: Extra Lot, Paved, Sidewalks

Details

Foundation area: 816
Parcel number: PAWTM65L0707

Construction

Type & style

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

Materials

Dry Wall, Paneled, Plaster, Vinyl Siding
Foundation: Concrete Perimeter, Mixed, Stone

Condition

New construction: No
Year built: 1880

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Common Meter, Municipal, Public
Utilities for property: Sewer Connected, Sewer Available

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Highway Access, Interstate, Marina, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping

HOA

Has HOA: No

Location

Region: Pawtucket

Financial & listing details

Price per square foot: $244/sqft
Tax assessed value: $445,400
Annual tax amount: $5,857
Date on market: 8/5/2026
Total actual rent: 4250
Tenant pays: Hot Water, Heat

Estimated market value

$682,200

$648,000 - $716,000

$2,036/mo

Price history

Date	Event	Price
8/5/2026	Listed for sale	$699,000+108%$244/sqft
Source: StateWide MLS RI #1417472 Report a problem
2/26/2020	Sold	$336,000-4%$117/sqft
Source: StateWide MLS RI #1235680 Report a problem
9/20/2019	Listed for sale	$349,900+17%$122/sqft
Source: Lila Delman Real Estate #1235680 Report a problem
5/4/2018	Listing removed	$800
Source: Owner Report a problem
4/25/2018	Listed for rent	$800
Source: Owner Report a problem
5/12/2017	Listing removed	$800
Source: Owner Report a problem
5/5/2017	Listed for rent	$800
Source: Owner Report a problem
9/2/2004	Sold	$299,000+99.3%$104/sqft
Source: Public Record Report a problem
1/28/2002	Sold	$150,000+68.5%$52/sqft
Source: Public Record Report a problem
3/30/1998	Sold	$89,000$31/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,496	$445,400
2024	$5,496 +3.2%	$445,400 +38.6%
2023	$5,327	$321,300
2022	$5,327	$321,300
2021	$5,327 +24.7%	$321,300 +57.1%
2020	$4,272	$204,500
2019	$4,272 +3.8%	$204,500
2018	$4,117 -2.7%	$204,500 +9.8%
2017	$4,230 +3.8%	$186,200
2016	$4,076	$186,200
2015	$4,076 +22.9%	$186,200 +29.5%
2014	$3,316	$143,800
2013	$3,316	$143,800 +900%
2012	$3,316 -7.8%	$14,380 -92.9%
2011	$3,595	$202,200
2010	$3,595	$202,200
2009	$3,595 -8.9%	$202,200 -36.5%
2008	$3,946 +4.5%	$318,500
2007	$3,777 +32.6%	$318,500 +100.2%
2005	$2,849 +3.8%	$159,100
2004	$2,744 +9.3%	$159,100 +5.2%
2003	$2,510	$151,300