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$542,000 Just Listed
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Property Description
Welcome to truly a one of a kind opportunity in the heart of Pawtucket! This exceptional 2-unit home effortlessly blends historic character and charm with incredible future potential. From the moment you arrive, you will be captivated by the home's inviting architecture and unique details that set it apart from typical multi-family properties. Whether you are an investor looking to grow your portfolio or an owner-occupant seeking to offset your mortgage while living in a beautiful space, this residence delivers on all fronts. One of the most exciting features of this property is that it comes with an extra lot with potential to build, presenting endless possibilities for expansion, a sprawling city garden, or brand-new construction. Furthermore, parking, storage, and workspace will never be an issue thanks to the spacious 2 car barn style garage that perfectly complements the vintage aesthetic of the estate. Properties offering this rare combination of immediate rental appeal, classic beauty, and raw development upside simply do not come on the market often. Don't miss your chance to own a piece of Pawtucket history with the absolute flexibility to shape its future. Schedule your private showing today to explore the limitless possibilities this exceptional property has to offer!
Full Property Details
Full Property Details for 487 Grand Ave
General
- Price: $542,000
- Taxes: $4,068 (2026)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1425023
- Updated: 10/5/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: Water Heater
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Porch, Paved Driveway
- Porch/Patio/Deck: Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 10
- Parking Features: Attached, Garage
Location
- County: Providence
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Gas, Steam
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 2
- Architectural Style: Stacked
- Structure Type: Apartment
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Windows: Thermal Windows
- Doors: Storm Door(s)
- Stories/Levels: 2
- Building Size: 3470
- Finished Total: 3,470 Sq. Ft.
- Finished Above Grnd: 3,470 Sq. Ft.
- Year Built: 1930
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.1837
- Lot Size (Sq. Ft.): 8,000
- Lot Size: 8000
- Lot Features: Multiple lots
Financial Considerations
- Tax Amount: $4,068
- Tax Year: 2026
Disclosures and Reports
- Property ID: 487GRANDAVPAWT
- Lot Number: 134, 135
Listed by REMAX Revolution
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Schools
Schools serving 487 Grand Ave
School District:Pawtucket School District
| Name | Grades | Distance |
|---|---|---|
Flora S. Curtis School 582 Benefit Street, Pawtucket, RI 02861 | PK-5 | 0.2 mi |
Lyman B. Goff Middle School 974 Newport Avenue, Pawtucket, RI 02861 | 6-8 | 0.8 mi |
William E. Tolman High School 150 Exchange Street, Pawtucket, RI 02860 | 9-12 | 1.7 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 487 Grand Ave
Date
Details
Price
Change
Source
10/05/2026
Listed
$542,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 487 Grand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,912
7%
$297,500
—
2024
$3,671
-5%
$297,500
30%
2023
$3,874
2%
$228,700
—
2022
$3,792
—
$228,700
—
2021
$3,792
-2%
$228,700
23%
2020
$3,888
—
$186,100
—
2019
$3,888
4%
$186,100
—
2018
$3,746
16%
$186,100
31%
2017
$3,235
4%
$142,400
—
2016
$3,117
—
$142,400
—
2015
$3,117
9%
$142,400
15%
2014
$2,848
—
$123,500
—
2013
$2,848
—
$123,500
—
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 487 Grand Ave
487 Grand Avenue, Pawtucket, RI 02861 (MLS# 1425023) is a Apartment property with 3 bedrooms and 2 full bathrooms. 487 Grand Avenue is currently listed for $542,000 and was received on October 05, 2026. Want to learn more about 487 Grand Avenue? Do you have questions about finding other Apartment real estate for sale in Pawtucket? You can browse all Pawtucket real estate or contact a Coldwell Banker agent to request more information.

