For sale

$535,000

681 Putnam Pike, Smithfield, RI 02828

6beds

2,496sqft

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Multi Family

Built in 1850

-- sqft lot

$-- Zestimate^®

$214/sqft

$-- HOA

What's special

Rare Smithfield Opportunity: Close to everything, this spacious multi-family offers exceptional potential. 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.

12 days

1,274

53

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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

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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: $214/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

Price history

Date	Event	Price
7/6/2026	Listed for sale	$535,000+157.8%$214/sqft
Source: StateWide MLS RI #1416845 Report a problem
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: StateWide MLS RI #1155178 Report a problem
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

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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