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For sale
  • $699,900

    538 Wood Ave, Woonsocket, RI 02895

    10beds
    3,975sqft
    : 
    $4,475/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $176/sqft
    $-- HOA

    What's special

    An outstanding opportunity to own a versatile three-family property in a highly accessible East Woonsocket location, just moments from the Massachusetts state line. Built around the turn of the 20th century, this well-maintained triplex offers approximately 4,000 square feet across three units, giving owners flexible living and rental configurations in one of Northern Rhode Island's most consistently active markets. The first floor unit features 4 beds with 1 bath and in unit washer dryer, while the second and third floor units feature 3 beds and 1 bath each. Parking is a standout feature with a detached 3-car garage plus ample off-street parking bringing the total to 9 parking spots, great for attracting and retaining quality tenants in this neighborhood. The property also offers separate utilities for efficient management and a spacious basement for additional storage. Whether you're pursuing owner-occupancy to offset your mortgage, purchasing your first investment property, or adding another income-producing asset to your portfolio, this property delivers strong rental demand and long-term value. Conveniently located near major commuter routes, shopping, restaurants, parks, and everyday essentials — the accessibility renters value, and the continued demand owners benefit from.
    13 days
    |
    307
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Modern Collective Group 401-744-2692,

    Compass

    Source: StateWide MLS RI,MLS#: 1419677MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 3
      • Full bathrooms: 3
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Natural Gas, Forced Air
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
      • Laundry: In Unit
      Features
      • Plumbing (Mixed), Insulation (Unknown)
      • Flooring: Hardwood, Vinyl, Carpet
      • Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,976
      • Total interior livable area: 3,975 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Detached
      • Garage spaces: 3
      Features
      • Stories: 3
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: WOONM35DL189U1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: 100 Amp Service
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Woonsocket

      Financial & listing details

      • Price per square foot: $176/sqft
      • Tax assessed value: $365,400
      • Annual tax amount: $6,868
      • Date on market: 8/3/2026
      • Total actual rent: 5950
      • Tenant pays: Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/3/2026Listed for sale$699,900-3.5%$176/sqft
        Source: StateWide MLS RI #1419677 Report a problem
        5/27/2026Listing removed$725,000$182/sqft
        Source: eXp Realty #1410505 Report a problem
        4/20/2026Price change$725,000-3.3%$182/sqft
        Source: StateWide MLS RI #1410505 Report a problem
        3/6/2026Listed for sale$750,000+25%$189/sqft
        Source: eXp Realty #1405139 Report a problem
        6/14/2024Sold$600,000-4.8%$151/sqft
        Source: StateWide MLS RI #1353402 Report a problem
        3/15/2024Pending sale$630,000$158/sqft
        Source: StateWide MLS RI #1353402 Report a problem
        2/24/2024Listed for sale$630,000$158/sqft
        Source: StateWide MLS RI #1353402 Report a problem
        2/22/2024Listing removed--
        Source: StateWide MLS RI #1349960 Report a problem
        12/21/2023Listed for sale$630,000+77.5%$158/sqft
        Source: StateWide MLS RI #1349960 Report a problem
        10/26/2020Sold$355,000+1.5%$89/sqft
        Source: StateWide MLS RI #1262209 Report a problem
        8/20/2020Price change$349,900+7.7%$88/sqft
        Source: Nathan Clark and Associates #1262209 Report a problem
        7/31/2020Listed for sale$324,900+54.7%$82/sqft
        Source: YHSGR Nathan Clark Team #1260505 Report a problem
        1/11/2007Sold$210,000+1.4%$53/sqft
        Source: Public Record Report a problem
        3/8/2004Sold$207,000$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,313 $365,400
        2024$5,313 +4%$365,400
        2023$5,108 $365,400
        2022$5,108 +27%$365,400 +115.8%
        2021$4,021 +0%$169,300
        2020$4,021 -1.4%$169,300
        2018$4,077 -9%$169,300 +13.7%
        2017$4,482 -5.5%$148,900
        2016$4,741 -13%$148,900
        2015$5,447 -1.3%$148,900 -3.1%
        2014$5,520 +4%$153,600
        2013$5,308 +7.1%$153,600 +900%
        2012$4,955 +11.4%$15,360 -91.3%
        2011$4,448 +6.2%$177,200
        2010$4,187 +11.3%$177,200 +5.4%
        2009$3,761 -2.7%$168,200 -42.4%
        2008$3,866 +72.4%$292,200 +61.6%
        2006$2,242 -12.3%$180,800 +68.7%
        2004$2,557 $107,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: East Woonsocket

        Getting around

        79 / 100
        Very Walkable
        29 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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