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Under contract
  • Price cut: $16K (8/14)
    $519,000

    681 Putnam Pike, Smithfield, RI 02828

    6beds
    2,496sqft
    : 
    $3,438/mo
    Get pre-qualified
    Multi Family
    Built in 1850
    -- sqft lot
    $-- Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Well-maintained two-bedroom one-bath unitOversized lot
    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.
    63 days
    626
    25

    Zillow last checked:

    Listing updated:

    Listed by:

    Keith Antaya 401-663-4483,

    RE/MAX ONE

    Source: StateWide MLS RI,MLS#: 1416845MLS Logo

      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

        DateEventPrice
        8/18/2026Contingent$519,000$208/sqft
        Source: StateWide MLS RI #1416845 Report a problem
        8/14/2026Price change$519,000-3%$208/sqft
        Source: StateWide MLS RI #1416845 Report a problem
        7/6/2026Listed for sale$535,000+157.8%$214/sqft
        Source: StateWide MLS RI #1416845 Report a problem
        12/1/2017Listing removed$950
        Source: HomeSmart Professionals RE #1176426 Report a problem
        11/21/2017Price change$950-9.5%
        Source: HomeSmart Professionals RE #1176426 Report a problem
        10/24/2017Listed for rent$1,050
        Source: HomeSmart Professionals RE #1176426 Report a problem
        9/27/2017Sold$207,500-5.6%$83/sqft
        Source: StateWide MLS RI #1155178 Report a problem
        6/22/2017Price change$219,900-4.3%$88/sqft
        Source: RE/MAX Town & Country #1155178 Report a problem
        11/3/2016Listed for sale$229,900$92/sqft
        Source: Long Realty #1140610 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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: 02828

        Getting around

        41 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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