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Active
    • $542,000

    487 Grand Ave, Pawtucket, RI 02861

    3beds
    1,443sqft
    : 
    $3,698/mo
    Get pre-qualified
    Multi Family
    Built in 1930
    -- sqft lot
    $538,900 Zestimate®
    $376/sqft
    $-- HOA

    What's special

    Inviting architectureSprawling city gardenUnique details
    Welcome to truly a one of a kind opportunity in the heart of Pawtucket! This exceptional 2-unit home effortlessly blends historic character and charm with incredible future potential. From the moment you arrive, you will be captivated by the home's inviting architecture and unique details that set it apart from typical multi-family properties. Whether you are an investor looking to grow your portfolio or an owner-occupant seeking to offset your mortgage while living in a beautiful space, this residence delivers on all fronts. One of the most exciting features of this property is that it comes with an extra lot with potential to build, presenting endless possibilities for expansion, a sprawling city garden, or brand-new construction. Furthermore, parking, storage, and workspace will never be an issue thanks to the spacious 2 car barn style garage that perfectly complements the vintage aesthetic of the estate. Properties offering this rare combination of immediate rental appeal, classic beauty, and raw development upside simply do not come on the market often. Don't miss your chance to own a piece of Pawtucket history with the absolute flexibility to shape its future. Schedule your private showing today to explore the limitless possibilities this exceptional property has to offer!
    29 days
    1,072
    69

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Cardinal 401-261-1936,

    REMAX Revolution,

    Ramona Cummings 401-829-8700,

    REMAX Revolution

    Source: StateWide MLS RI,MLS#: 1425023MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Steam
      Cooling
      • Window Unit(s)
      Appliances
      • Laundry: In Building
      Features
      • Plumbing (Mixed)
      • Flooring: Ceramic Tile, Hardwood
      • Doors: Storm Door(s)
      • Windows: Insulated Windows
      • Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
      • Has fireplace: No
      Interior area
      • Total structure area: 3,470
      • Total interior livable area: 1,443 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Attached, Driveway
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Porch
      Lot
      • Size: 8,001 Square Feet
      • Features: Extra Lot
      Details
      • Additional structures: Outbuilding
      • Parcel number: PAWTM03L0135

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Electric: Circuit Breakers, Individual Meter
      • Sewer: Public Sewer
      • Water: Municipal
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
      HOA
      • Has HOA: No
      Location
      • Region: Pawtucket

      Financial & listing details

      • Price per square foot: $376/sqft
      • Tax assessed value: $297,500
      • Annual tax amount: $4,068
      • Date on market: 10/5/2026
      • Inclusions: N/A
      • Total actual rent: 0

        Estimated market value

        $538,900

        $512,000 - $566,000

        $2,457/mo

        Price history

        DateEventPrice
        10/5/2026Listed for sale$542,000+112.5%$376/sqft
        Source: StateWide MLS RI #1425023 Report a problem
        12/13/2004Sold$255,000$177/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,671 $297,500
        2024$3,671 -3.2%$297,500 +30.1%
        2023$3,792 $228,700
        2022$3,792 $228,700
        2021$3,792 -2.5%$228,700 +22.9%
        2020$3,888 $186,100
        2019$3,888 +3.8%$186,100
        2018$3,746 +15.8%$186,100 +30.7%
        2017$3,235 +3.8%$142,400
        2016$3,117 $142,400
        2015$3,117 +9.4%$142,400 +15.3%
        2014$2,848 $123,500
        2013$2,848 $123,500 +900%
        2012$2,848 -13.2%$12,350 -93.3%
        2011$3,282 $184,600
        2010$3,282 $184,600
        2009$3,282 +12.7%$184,600 -21.4%
        2008$2,912 +4.5%$235,000
        2007$2,787 $235,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Pine Crest

        Getting around

        42 / 100
        Some Transit

        Nearby schools

        GreatSchools rating

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