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$640,000
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Property Description
Exceptional Investment or Owner-Occupied Opportunity located in the highly sought-after Rumford neighborhood of East Providence Discover the potential of this spacious two-family home in the prime location of Rumford, just steps from Central Pond Reservoir. Each unit offers generous living space with an eat-in kitchen, dining room, three bedrooms, and two baths along with a third level, whether for expansion or storage. Perfect for generating reliable rental income or accommodating multi-generational living. Each unit features hardwood flooring and a full basement provides valuable storage. Enjoy the convenience of off-street parking with two separate driveways. With its ideal layout, strong rental potential, and move-in-ready condition, this property presents a rare opportunity for investors or owner-occupants.
Full Property Details
Full Property Details for 331 Newman Ave
General
- Sold For: $640,000
- Taxes: $10,558 (2025)
- Status: Closed
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1398866
- Added to Site: 140 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Tub Shower
- Fireplace(s): None
- Appliances: Gas Water Heater, Oven, Range, Refrigerator
- Flooring: Hardwood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Paved Driveway
Parking
- Total Spaces: 8
- Parking Features: No Garage
Location
- County: Providence
- Subdivision: RUMFORD
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: SideBySide
- Detached/Attached: Detached
- Construction: Drywall, Clapboard, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 3650
- Finished Total: 3,650 Sq. Ft.
- Finished Above Grnd: 3,650 Sq. Ft.
- Year Built: 1880
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size: 12197
- Sidewalks: Yes
- Lot Features: Wooded
Financial Considerations
- Operating Expenses: $3,000
- Tax Amount: $10,558
- Tax Year: 2025
Disclosures and Reports
- Property ID: 331NEWMANAVEPRO
- Block: 3000
- Lot Number: 4603
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Schools
Schools serving 331 Newman Ave
School District:East Providence School District
| Name | Grades | Distance |
|---|---|---|
Myron J. Francis Elementary School 64 Bourne Avenue, East Providence, RI 02916 | K-5 | 0.8 mi |
Edward Martin Middle School 111 Brown Street, East Providence, RI 02914 | 6-8 | 2.6 mi |
East Providence High School 2000 Pawtucket Avenue, East Providence, RI 02914 | 9-12 | 1.6 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 331 Newman Ave
Date
Details
Price
Change
Source
1/20/2026
Sold
$640,000
-2.88%
MLS
11/03/2025
Listed
$659,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
331 Newman Avenue, East Providence, RI 02916 (MLS# 1398866) is a Multi-Family property that was sold at $640,000 on January 20, 2026. This property was listed by Lorraine Perri from our East Greenwich Office.Want to learn more about 331 Newman Avenue? Do you have questions about finding other Multi-Family real estate for sale in East Providence? You can browse all East Providence real estate or contact a Coldwell Banker agent to request more information.


