Rare Smithfield Opportunity: *Mixed use zoning.* Close to everything, this spacious multi-family offers exceptional potential. Income-Producing Layout: Ideal setup featuring a two bedroom apartment that could easily be converted to a small business space paired with a steady, reliable income stream from a spacious second-floor townhouse-style apartment. Situated on an oversized lot, this property offers the perfect blend of investment potential and comfortable, elevated living. The primary residence spans the entire second and third floors, designed with the feel of a private townhouse. Whether you are looking for an owner-occupant scenario or a premium rental, this layout stands in a class of its own. The first floor features a well-maintained, two-bedroom, one-bath unit that provides consistent income potential. It is the perfect setup for investors looking for stability in a top-tier location, or for savvy buyers looking to offset their mortgage with reliable, long-term rental demand. With two brand-new combination boilers installed, you won't need to worry about heat or hot water for years to come.
Under contract
Price cut: $16K (8/14)
$519,000
681 Putnam Pike, Smithfield, RI 02828
6beds
2,496sqft
Multi Family
Built in 1850
-- sqft lot
$-- Zestimate®
$208/sqft
$-- HOA
What's special
Well-maintained two-bedroom one-bath unitOversized lot
- 63 days
- 626
- 25
Zillow last checked:
Listing updated:
Listed by:
Keith Antaya 401-663-4483,
RE/MAX ONE
Source: StateWide MLS RI,MLS#: 1416845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Forced Water, Gas Connected
Cooling
- None
Appliances
- Included: Gas Water Heater, Range Hood, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Laminate, Wood, Vinyl
- Windows: Insulated Windows
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Deck, Patio, Porch, Screened
Lot
- Size: 0.38 Acres
Details
- Parcel number: SMITM03B000L040U
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: 100 Amp Service, 220 Volts, Individual Meter
- Sewer: Public Sewer
- Water: Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Commuter Bus, Golf, Highway Access, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
- Has HOA: No
Location
- Region: Smithfield
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $488,700
- Annual tax amount: $6,055
- Date on market: 7/1/2026
- Total actual rent: 1200
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Contingent | $519,000$208/sqft |
Source: | ||
| 8/14/2026 | Price change | $519,000-3%$208/sqft |
Source: | ||
| 7/6/2026 | Listed for sale | $535,000+157.8%$214/sqft |
Source: | ||
| 12/1/2017 | Listing removed | $950 |
Source: HomeSmart Professionals RE #1176426 Report a problem | ||
| 11/21/2017 | Price change | $950-9.5% |
Source: HomeSmart Professionals RE #1176426 Report a problem | ||
| 10/24/2017 | Listed for rent | $1,050 |
Source: HomeSmart Professionals RE #1176426 Report a problem | ||
| 9/27/2017 | Sold | $207,500-5.6%$83/sqft |
Source: | ||
| 6/22/2017 | Price change | $219,900-4.3%$88/sqft |
Source: RE/MAX Town & Country #1155178 Report a problem | ||
| 11/3/2016 | Listed for sale | $229,900$92/sqft |
Source: Long Realty #1140610 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,055 +37% | $488,700 +59.7% |
| 2024 | $4,420 +5.2% | $306,100 |
| 2023 | $4,200 +2.7% | $306,100 |
| 2022 | $4,089 +3.6% | $306,100 +32.9% |
| 2021 | $3,947 +0% | $230,400 |
| 2020 | $3,947 +1.9% | $230,400 |
| 2019 | $3,873 +28.6% | $230,400 +34.3% |
| 2018 | $3,012 0% | $171,500 |
| 2017 | $3,012 +4.8% | $171,500 -0.2% |
| 2016 | $2,874 -20.4% | $171,800 -16.4% |
| 2015 | $3,611 +1.6% | $205,500 -7.4% |
| 2012 | $3,555 +1.5% | $221,900 +0.5% |
| 2011 | $3,501 +1.7% | $220,900 |
| 2010 | $3,444 -8.5% | $220,900 -17.9% |
| 2009 | $3,762 +2.2% | $269,100 |
| 2008 | $3,681 +3.4% | $269,100 |
| 2007 | $3,560 +12.3% | $269,100 +30.8% |
| 2006 | $3,169 +4.9% | $205,800 |
| 2005 | $3,021 +5.2% | $205,800 |
| 2004 | $2,871 | $205,800 |
Find assessor info on the county website
Monthly payment
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