741 Main Rd Tiverton, RI 02878
North Tiverton NeighborhoodEstimated payment $4,781/month
Highlights
- Corner Lot
- Tiverton High School Rated 9+
- Shops
About This Home
Fantastic Investment Opportunity – Mixed-Use Triplex in Prime Tiverton Location with high-visibility – perfect for investors or owner-occupants looking to grow their portfolio! This 3-unit triplex features two commercial spaces and three residential apartments. The commercial units are currently occupied by a barber shop and a clothing boutique with spray tanning services, providing stable rental income and immediate foot traffic. The residential units include: (2) One-bedroom, one-bath apartments(1) Two-bedroom, one-bath apartment All units are separately metered and well-maintained. Zoned for mixed-use, this property offers excellent flexibility and long-term upside. Located in a high-traffic area, this property enjoys strong street visibility, making it ideal for businesses and renters alike. Don’t miss this opportunity to secure a strong-performing asset in a growing community. Add this solid income-producing property to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,226
Year Built
- Built in 1900
Lot Details
- 9,700 Sq Ft Lot
- Corner Lot
Home Design
- 2,755 Sq Ft Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 5 Car Parking Spaces
- Off-Street Parking
Utilities
- Private Sewer
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 473551
- Tax Block 289
Community Details
Overview
- 5 Units
- Property has 1 Level
Additional Features
- Shops
- Net Operating Income $58,200
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,226 | $563,400 | $174,100 | $389,300 |
| 2023 | $5,972 | $400,800 | $144,800 | $256,000 |
| 2022 | $5,864 | $400,800 | $144,800 | $256,000 |
| 2021 | $5,719 | $400,800 | $144,800 | $256,000 |
| 2020 | $5,864 | $362,200 | $124,300 | $237,900 |
| 2019 | $5,719 | $362,200 | $124,300 | $237,900 |
| 2018 | $5,936 | $362,200 | $124,300 | $237,900 |
| 2017 | $5,545 | $291,100 | $115,200 | $175,900 |
| 2016 | $5,572 | $291,100 | $115,200 | $175,900 |
| 2015 | $5,572 | $291,100 | $115,200 | $175,900 |
| 2014 | $5,086 | $263,500 | $108,100 | $155,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $799,900 | -- | $290 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | -- | |
| Deed | $375,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $370,474 | Commercial | |
| Closed | $370,474 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73409521
APN: TIVE-000117-000000-000289
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