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$810,000
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Property Description
This massive, fully rented legal 4-family offers a turnkey investment opportunity with a total of 13 bedrooms and significant income potential. The property features a versatile unit mix (ranging from 2 to 4 bedrooms), a detached 2-car garage for extra revenue, and ample off-street parking. Maintained for longevity, the building is up to fire code and boasts a newer roof, replacement windows, vinyl siding, and classic porches. Additionally, the basement provides extra finished space with two rooms and two full bathrooms, offering rare flexibility for a high-density asset.
Full Property Details
Full Property Details for 156 Lincoln Ave
General
- Price: $810,000
- Taxes: $7,515 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1410078
- Updated: 6/22/2026
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 25
- Appliances: Gas Water Heater
- Flooring: Hardwood, Other, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 13
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Detached, Garage
Location
- County: Providence
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
- Stories/Levels: 4
- Building Size: 5970
- Finished Total: 5,970 Sq. Ft.
- Finished Above Grnd: 5,970 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size: 3920
Financial Considerations
- Operating Expenses: $7,000
- Tax Amount: $7,515
- Tax Year: 2025
Disclosures and Reports
- Property ID: 156LINCOLNAVCFLS
- Lot Number: 293
Listed by Cameron Prestige, LLC
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Schools
Schools serving 156 Lincoln Ave
School District:Central Falls School District
| Name | Grades | Distance |
|---|---|---|
Veterans Memorial Elementary School, Central Falls, RI 150 Fuller Avenue, Central Falls, RI 02863 | 1-4 | 0.3 mi |
Ella Risk School 949 Dexter Street, Central Falls, RI 02863 | 1-4 | 0.4 mi |
Calcutt Middle School 112 Washington Street, Central Falls, RI 02863 | 5-8 | 0.1 mi |
Central Falls Sr High School 24 Summer Street, Central Falls, RI 02863 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 156 Lincoln Ave
Date
Details
Price
Change
Source
6/22/2026
Price Reduced
$810,000
-1.22%
MLS
5/29/2026
Price Reduced
$820,000
-3.53%
MLS
4/15/2026
Listed
$850,000
21.45%
MLS
2/22/2024
Sold
$699,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 156 Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,515
11%
$568,900
58%
2024
$6,758
1%
$359,300
—
2023
$6,665
6%
$359,300
—
2022
$6,273
12%
$359,300
52%
2021
$5,600
—
$235,700
—
2020
$5,584
-4%
$235,700
—
2019
$5,836
24%
$235,700
32%
2018
$4,691
—
$178,300
—
2017
$4,691
1%
$178,300
—
2016
$4,623
9%
$178,300
16%
2015
$4,236
7%
$153,300
—
2013
$3,943
—
$153,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 156 Lincoln Ave
156 Lincoln Avenue, Central Falls, RI 02863 (MLS# 1410078) is a Apartment property with 13 bedrooms and 4 full bathrooms. 156 Lincoln Avenue is currently listed for $810,000 and was received on April 15, 2026. Want to learn more about 156 Lincoln Avenue? Do you have questions about finding other Apartment real estate for sale in Central Falls? You can browse all Central Falls real estate or contact a Coldwell Banker agent to request more information.

