7

Central Falls, RI Multifamily Homes & Duplexes for Sale

Section Image
  • 110 Cleveland St Unit 112, Central Falls, RI 02863
    110 Cleveland St Unit 112, Central Falls, RI 02863
    110 Cleveland St Unit 112, Central Falls, RI 02863
    /32

    $525,000

    • 7 Beds
    • 3 Baths
    • 2,623 Sq Ft

    110 Cleveland St Unit 112, Central Falls, RI 02863

    Excellent opportunity to own this 3-unit multi-family in the heart of Central Falls. Each unit offers spacious layouts with comfortable living spaces. Unit 1 offers 2 bedrooms, 1 full bath, a kitchen, living room, and dining room. Unit 2 includes 3 bedrooms, 1 full bath, a kitchen, and living room. Unit 3 has 2 bedrooms, 1 full bath, kitchen, and living room. The property features a large

    Alysandra Nemeth Redfin Corporation

    110 Cleveland St Unit 112, Central Falls, RI 02863
  • 21 Watson St Unit 23, Central Falls, RI 02863
    21 Watson St Unit 23, Central Falls, RI 02863
    21 Watson St Unit 23, Central Falls, RI 02863
    /35

    $525,000

    • 7 Beds
    • 3 Baths
    • 2,112 Sq Ft

    21 Watson St Unit 23, Central Falls, RI 02863

    Solid two-family opportunity in Central Falls. Unit 1 spans the first and second floors with five bedrooms and two full bath. Unit 2 on the third-floor is a cozy two-bedroom, one-bath space recently refreshed with new vinyl-plank flooring and paint, and will be delivered vacant. A 2020 architectural-shingled roof supports an expansive solar panel array. The location offers quick access to I-95,

    Jess Powers Real Broker, LLC

    21 Watson St Unit 23, Central Falls, RI 02863
  • 40 Butler Ave, Central Falls, RI 02863
    40 Butler Ave, Central Falls, RI 02863
    40 Butler Ave, Central Falls, RI 02863
    /26

    $569,999

    • 6 Beds
    • 2 Baths
    • 2,440 Sq Ft

    40 Butler Ave, Central Falls, RI 02863

    Welcome to this classic up-and-down duplex in the heart of Central Falls, offering both charm and convenience. Each spacious unit boasts three bedrooms, one bath, and 1,220 square feet of comfortable living space. With beautiful character throughout, this New England-style multi-family home is perfect for investors or owner-occupants looking for rental income. The partially finished basement

    Ariana Espinal Teri Degnan RE & Consulting

    40 Butler Ave, Central Falls, RI 02863
  • 517 High St, Central Falls, RI 02863
    517 High St, Central Falls, RI 02863
    517 High St, Central Falls, RI 02863
    /24

    $849,000

    • 5 Beds
    • 3 Baths
    • 1,742 Sq Ft

    517 High St, Central Falls, RI 02863

    Welcome to 511 High Street in Central Falls. This two-family home, being sold in conjunction with MLS# 1379863 is a great investment opportunity in the heart of Central Falls. This property has three units consisting of one 3-bed 1-bath unit and two 1-bed 1-bath units and already has great rent income! Separate utilities, off-street parking, and an AMAZING location top off these great properties.

    Yvonne Sousa RISE REC

    517 High St, Central Falls, RI 02863
  • 511 High St, Central Falls, RI 02863
    511 High St, Central Falls, RI 02863
    511 High St, Central Falls, RI 02863
    /24

    $849,000

    • 4 Beds
    • 2 Baths
    • 2,613 Sq Ft

    511 High St, Central Falls, RI 02863

    Welcome to 511 High Street in Central Falls. This two-family home, being sold in conjunction with MLS# 1379990 is a great investment opportunity in the heart of Central Falls. Each unit consists of two bedrooms and a bathroom and already has great rent income! Separate utilities, off-street parking, and an AMAZING location top off these great properties. Book your private showing today!

    Yvonne Sousa RISE REC

    511 High St, Central Falls, RI 02863
  • 722 Dexter St Unit 726, Central Falls, RI 02863
    722 Dexter St Unit 726, Central Falls, RI 02863
    722 Dexter St Unit 726, Central Falls, RI 02863
    /6

    $725,000

    • 10 Beds
    • 3.5 Baths
    • 4,257 Sq Ft

    722 Dexter St Unit 726, Central Falls, RI 02863

    INVESTMENT OPPORTUNITY ALERT!Welcome to this exceptional 4-unit mixed-use building nestled in the heart of Central Falls. This stunning property offers a rare combination of residential and commercial units, providing a unique opportunity for investors and/or owner-occupiers alike. Property was completed renovated in 2021. Prime location and ample parking spaces available.

    Vladmir Pires HomeSmart Professionals

    722 Dexter St Unit 726, Central Falls, RI 02863
  • 16 Binford St, Central Falls, RI 02863
    16 Binford St, Central Falls, RI 02863
    /2

    $559,900

    • 6 Beds
    • 2 Baths
    • 2,268 Sq Ft

    16 Binford St, Central Falls, RI 02863

    SOLID WELL MAINTAINED 2 FAMILY 3 BEDS EACH FLOOR ,HARDWOODS THROUGHOUT PORCHES AND MORE

    Norm Harrison Realty Center

    16 Binford St, Central Falls, RI 02863
Rhode Island Central Falls

Multi-Family Homes & Duplexes for Sale in Central Falls, RI

About Central Falls

Originally a mill town turned textile hub, Central Falls is now a proud “majority-minority” city — the only one in Rhode Island. Home to a thriving community of Latin American descent, including many recent immigrants, this “City for All People” celebrates its rich ethnic and cultural diversity. “Imagine 20,000 people living in a square mile,” says Alexander Parmenidez, a bilingual real estate agent with Coldwell Banker Realty who has been selling homes for a decade. “Mexican, Salvadorian, Columbian, Guatemalan — It’s a small city with a mix of ...

Learn more about living in Central Falls

Home Trends in Central Falls, RI

On average, homes in Central Falls, RI sell after 35 days on the market compared to the national average of 47 days. The average sale price for homes in Central Falls, RI over the last 12 months is $349,076, down 1% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$336,500
Median Single Family Price
$385,000
Median Townhouse Price
$434,000
Median 2 Bedroom Price
$399,990
Median 1 Bedroom Price
$314,500
Average Price Per Sq Ft
$219
Number of Homes for Sale
2
Last 12 months Home Sales
26
Months of Supply
0.90
Median List Price
$332,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home

In Central Falls, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $525,000 to $849,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Central Falls is $332,000, while the average sale price is $349,076, offering insights into the local housing market. On average, multi-family homes spend 35 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Central Falls, RI.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group