242 4th Ave, Woonsocket, RI 02895
Property image
Property image
OFF MARKET

$764,300

Trulia Estimate
  • 12 Beds
  • 6 Baths
  • 6,168 sqft

242 4th Ave, Woonsocket, RI 02895

Fairmount
Currently Off Market - Sold Aug 29, 2025 for $730,000

Home Value

Trulia Estimate
$764K
Since last month
$0 (0%)
Since last year
Increased$30K (+4.1%)
Since last sale
Increased$34K (+4.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +8% in the last 10 years
MonthEstimated value
2026
September 2026$764K
August 2026$764K
July 2026$758K
June 2026$760K
May 2026$756K
April 2026$757K
March 2026$752K
February 2026$708K
January 2026$704K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Multi-Family Home
$615,000
10/07/25
9
3
3,494
0.63
Multi-Family Home
$865,000
09/01/26
12
6
6,720
0.23
Multi-Family Home
$560,000
10/20/25
6
3
3,088
0.04
Multi-Family Home
$510,000
09/10/26
6
2
2,835
0.58
Multi-Family Home
$685,000
01/28/26
11
6.5
5,270
0.55
Multi-Family Home
$690,000
06/04/26
6
5.5
5,366
0.24
Multi-Family Home
$630,000
08/04/26
10
3
3,100
0.06
Multi-Family Home
$405,000
01/08/26
6
3
3,253
0.71
Multi-Family Home
$475,000
07/28/26
13
5
4,960
0.06
Multi-Family Home
$330,000
01/08/26
5
3
1,962

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$666,900
10
4
4,149
Off Market
0.03
$378,900
3
1
1,653
Off Market
0.03
$460,000
3
1.5
2,588
For Sale
0.07
$499,000
3
2.5
1,580
For Sale
0.02
-
11
6
4,350
Off Market
0.07
$704,800
12
4
4,632
Off Market
0.08
$457,200
3
2
1,700
Off Market
0.04
$510,000
6
2
2,835
Recently Sold
0.08
$588,900
7
2.5
2,524
Off Market
0.09
$641,200
9
3
3,494
Off Market
0.09
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 242 4th Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1930
6,168 sqft
$124/sqft
Open Parking

About this House

A jewel for your portfolio! This turnkey 5-unit building offers immediate cash flow with major upside potential. The spacious layout includes one oversized 4-bed, 2-bath unit and four 2-bed, 1-bath units—each with separate tenant-paid gas and electric. The full 4th floor, currently vacant, includes 4 rooms and common space that a savvy investor may convert into additional rental income. Exterior and common areas have been freshly painted. Off-street parking for all units, ample street parking, and money-making coin-op laundry add to the appeal. Current rents are well below market value, providing strong growth potential. All tenants are month-to-month except one, offering flexibility for future rent adjustments or renovations. A rare opportunity to secure a high-performing asset with untapped value in today’s market! This is a Commercial Property 5+ unit. (FHA, VA, RI HOUSING OR ANY OTHER OWNER OCCUPIED FINANCING DOES NOT QUALIFY- CONTACT YOUR LENDER ABOUT COMMERCIAL FINANCING)
242 4th Ave, Woonsocket, RI 02895 is a 12 bedroom, 6 bathroom, 6,168 sqft multi-family in Fairmount, built in 1930. It last sold for $730,000 on Aug 29, 2025 (4% above the $699,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $764,300, with a rent estimate of $1,708/month.
Last check for updates: about 11 hours ago
Listed by The DiSpirito Team, (401) 244-8355
Engel & Volkers Oceanside
Bought with: Camila Oliveira, (617) 869-0942, Real Broker, LLC
Source: StateWide MLS RI, MLS#1385858

Home Details for 242 4th Ave

Interior Features

Interior Details
Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,UtilityNumber of Rooms: 22Types of Rooms: Bathroom
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 6168 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater, Oven/Range, RefrigeratorLaundry: In BuildingRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced Water,Gas Connected,Gas on Gas,SteamNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: 100 Amp Service, Individual Meter
Windows, Doors, Floors & Walls
Flooring: Hardwood, Vinyl, Carpet
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood, Vinyl, Carpet
View
No View

Exterior Features

Exterior Home Features
Foundation: Stone
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: No Garage,Driveway

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Up/DownArchitecture: Up/Down
Building
Construction Materials: Dry Wall, Shingles, Vinyl SidingNot a New ConstructionAttached To Another Structure

Price & Status

Price
List Price: $699,900

Active Status

MLS Status: Sold

Location

Direction & Address
City: WoonsocketCommunity: Fairmount

Building

Building Area
Building Area: 9384 Square Feet

Community

Community Features: Near Public Transport, Highway Access, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, TennisNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 5662.8 sqft

Listing Info

Special Conditions: Conventional/Market Value

Business

Expense
Tenant Pays: Heat

Miscellaneous

BasementMls Number: 1385858

Additional Information

Near Public TransportHighway AccessHospitalPrivate SchoolPublic SchoolRecreational FacilitiesRestaurantsSchoolsNear ShoppingNear SwimmingTennis

Price and Tax history

DateEventPrice
Aug 29, 2025
Source: StateWide MLS RI #1385858
Sold
$730,000
Jun 5, 2025
Source: StateWide MLS RI #1385858
Pending
$699,900
May 28, 2025
Source: MLS PIN #73380937
Listed For Sale
$699,900

Market trends in Woonsocket

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
70
3
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Fairmount

At least 38 Trulia users voted on each feature.
  • 79 % Say there are sidewalks

  • 77 % Say it's dog friendly

  • 76 % Say car is needed

  • 60 % Say parking is easy

  • 59 % Say yards are well-kept

  • 59 % Say kids play outside

  • 53 % Say there's holiday spirit

  • 43 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 43 % Say streets are well-lit

  • 39 % Say there's wildlife

  • 37 % Say it's quiet

  • 33 % Say it's walkable to grocery stores

  • 30 % Say people would walk alone at night

  • 21 % Say there are community events

  • 17 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "The people places and things of course what else is there in a neighborhood.Ive been a Woonsocket resident for over 10 years. Ilove it here"
  • Jen
    "This is a poor school district for elementary age students. The local parks are known for drug activity. "
  • Norma P.
    "We have summer lunch at the park, Movie night, Autumn Fest, Football games, baseball games. We have a lot of parks to walk around."
  • Norma P.
    "The field day from Coleman School, Summer meals at Dunn park, and the Autumn Fest are the most popular community events in Woonsocket."
  • Deirdre A.
    " Neighbors are extraordinarily nice, watch out for each other and help one another. I feel completely safe with my neighbors. Everyone is improving their yards and houses. We all have dog's and they get along!"
  • Amylee R.
    "There are really none that I know of. If any, I know some events are held at River Island park but I have never personally been. "
  • Roxaneclemente
    "The people in my neighborhood are friendly. Everyone watches out for each other. You can leave your house and feel safe "
  • Roxaneclemente
    "It’s peaceful and everyone is friendly. People look out for each other. The kids can play at the park "
  • Normacortorreal
    "I've lived in here for 15 years and I love it. I like the people and the environment. this neighborhood has a lot of child distractions."

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright © 2026 State-Wide MLS, Inc. All rights reserved.

Frequently asked questions about 242 4th Ave

  • What is 242 4th Ave estimated to be worth?
    Trulia's estimated value for 242 4th Ave in Woonsocket, RI is $764,300.
  • What is the price history for 242 4th Ave?
    242 4th Ave in Woonsocket, RI last sold for $730,000 in August 2025.
  • Is Woonsocket a buyer's or seller's market?
    Woonsocket is currently a seller's market, based on recent for-sale activity.
  • What do residents say about the Fairmount neighborhood?
    Residents describe the Fairmount neighborhood in Woonsocket, RI as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Fairmount, Woonsocket.
  • Does 242 4th Ave have laundry facilities?
    Yes, 242 4th Ave in Woonsocket, RI has laundry facilities.
  • Does 242 4th Ave have parking?
    Yes, 242 4th Ave in Woonsocket, RI has on-site parking.

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