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Downtown Woonsocket Multifamily Homes & Duplexes for Sale

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    $1,275,000

    • 12 Beds
    • 8 Baths
    • 5,716 Sq Ft

    0 River & Transit St Unit 73430058, Woonsocket, RI 02895

    Two Properties, Eight Units! Property 1: 372 River St (RI MLS 1393018) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system!

    Don Martone BOND BROKERAGE

    0 River & Transit St Unit 73430058, Woonsocket, RI 02895
  • /4

    $199,000

    • 3,835 Sq Ft

    115 Railroad St, Woonsocket, RI 02895

    Rare Opportunity Prime MU1 Zoned Property! Unlock the potential of this vacant 3,800 sq ft building, fully gutted to the studs and ready for your vision. Situated on a generous 10,173 sq ft lot, this property offers off-street parking and sits in a coveted MU1 Zone, allowing for multi-family, commercial, or mixed-use development. Structural shell in place, awaiting your custom build-out

    Normand Jolicoeur American Homes & Commercial RE

    115 Railroad St, Woonsocket, RI 02895
  • /6

    $629,000

    • 4 Beds
    • 4 Baths
    • 5,208 Sq Ft

    372 River St, Woonsocket, RI 02895

    Seize this excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC Technologies on demand hot water system! Property also offers tenants ample off street parking with a

    Don Martone Bond Brokerage

    372 River St, Woonsocket, RI 02895
  • /49

    $629,900

    • 5 Beds
    • 5 Baths
    • 7,054 Sq Ft

    426 Blackstone St, Woonsocket, RI 02895

    Massive legal 4-unit with a fully finished attic space on corner lot in Northern Woonsocket, just a minute from the Massachusetts line. The property features a detached 3-car garage perfect for expansion or additional rental income. Ample parking to accommodate multiple cars per unit, and large backyard space. Perfect for an owner-occupant or a seasoned investor. Recent improvements include a new

    The WP Group Smith and Oak Real Estate Co.

    426 Blackstone St, Woonsocket, RI 02895
  • /13

    $1,275,000

    • 12 Beds
    • 8 Baths
    • 11,948 Sq Ft

    0 River & Transit St Unit 1392331, Woonsocket, RI 02895

    AN EIGHT UNIT, TWO PROPERTY, MULTI-FAMILY PORTFOLIO PACKAGE OFFER! Property 1: 372 River St (MLS 1393018) An excellent investment opportunity near the Blackstone River area of Woonsocket, RI! This well-maintained, fire coded, large, multi-family property generates a strong annual income of $69,600 with annual expenses of $52,196, offering a potential ROI of 10.71%. New roof! New gas, IBC

    Don Martone Bond Brokerage

    0 River & Transit St Unit 1392331, Woonsocket, RI 02895

Why Live in Downtown Woonsocket

Downtown Woonsocket, a neighborhood rich in history, has transformed its industrial past into a vibrant city center with attractions like restaurants and museums housed in repurposed textile factories and Italianate-style buildings. The area features Victorian-era cottages and Stick-style single-family homes, typically with three to four bedrooms and small front lawns, though parking is often in alleyways. Rentals are also abundant, maintaining the late 1800s architectural charm. Despite limited outdoor space at homes, residents enjoy River Island Art Park, where they can kayak, fish, stroll along paved paths, or attend seasonal events like Christmas festivities and summer concerts. The Woonsocket YMCA, established in 1901, offers a fitness center, indoor pool, and basketball court. Cultural highlights include the Museum of Works & Culture, depicting the lives of early French-Canadian settlers, and the restored Vaudeville-era Stadium Theatre, hosting performances like “The Nutcracker Ballet” and “The SpongeBob Musical.” Dining options along Main Street are diverse, from Coffee Connection’s breakfast offerings to River Falls’ grilled steaks with Blackstone River views, and Chan’s Chinese cuisine with live jazz. The annual Arts in the Alley event features local artisans, live music, and craft beer. For shopping, Dowling Village, less than 4 miles away, includes an Aldi, Walmart Supercenter, Kohl’s, and PetSmart. Downtown Woonsocket is conveniently located less than 2 miles from Rhode Island Route 146, with Providence 13 miles south and Boston 40 miles north via Interstate 90. Public transit is accessible with several Rhode Island Public Transit Authority bus stops throughout the area.

Home Trends in Downtown Woonsocket, RI

Housing Trends

Median Sale Price
$273,000
Median Single Family Sale Price
$200,000
Median 2 Bedroom Sale Price
$245,000
Median 1 Bedroom Sale Price
$240,000
Average Price Per Sq Ft
$219
Number of Homes for Sale
8
Last 12 months Home Sales
13
Months of Supply
7.40
Median List Price
$257,050
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-4%
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