$659,000
PENDING

331 Newman Ave Unit 333 Rumford, RI 02916

Rumford Neighborhood

Estimated payment $4,347/month

Total Views 1,483
6 Beds
4 Baths
3,650 Sq Ft
$181 Price per Sq Ft

Highlights

  • Wooded Lot
  • Attic
  • Storage Room
  • Wood Flooring
  • Bathtub with Shower
  • Public Transportation

About This Home

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.

Listing Agent

Lorraine Perri

Coldwell Banker Realty License #REB.0019260 Listed on: 11/03/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1880

Lot Details

  • 0.28 Acre Lot
  • Wooded Lot

Home Design

  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3,650 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 8 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 004603 / 3000
  • Assessor Parcel Number 331NEWMANAVEPRO

Community Details

Overview

  • 2 Units
  • Rumford Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,558

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Subdivision Name: RUMFORD
  • Above Grade Finished Sq Ft: 3650.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Bathtub, Interior Steps, Permanent Attic Stairs, Storage, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12197.0
  • Parcel #: 331NEWMANAVEPRO
  • Zoning: MF

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 10558.0
  • Tax Block: 3000
  • Tax Lot: 004603
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,558 $807,800 $193,600 $614,200
2024 $8,703 $567,700 $161,300 $406,400
2023 $8,379 $567,700 $161,300 $406,400
2022 $8,178 $374,100 $112,400 $261,700
2021 $8,043 $374,100 $112,400 $261,700
2020 $7,703 $374,100 $112,400 $261,700
2019 $7,489 $374,100 $112,400 $261,700
2018 $7,047 $308,000 $102,200 $205,800
2017 $6,890 $308,000 $102,200 $205,800
2016 $6,856 $308,000 $102,200 $205,800
2015 $6,571 $286,300 $89,300 $197,000
2014 $6,571 $286,300 $89,300 $197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $659,000 -- $181 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $194,000 --
Warranty Deed $194,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $421,123 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1398866

State-Wide MLS

APN: EPRO-000603-000003-000004

Rhode Island Providence County Rumford 02916 Rumford

331 Newman Ave Unit 333, Rumford, RI

Pending

MultiFamily

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Lorraine Perri
Listing Agent
Lorraine Perri
Section Image
Coldwell Banker Realty
(401) 320-4421