Multi Family at 40 Butler Avenue, Central Falls

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27 photos

$599,999

40 Butler Avenue

Central Falls, RI 02863

Listed by Evan Patrick

Bedrooms

Bathrooms

Living area

N/A

Year built

1900

About this home

Well-maintained 2-family duplex in the heart of Central Falls! Each spacious unit offers 3 bedrooms, 1 full bath, and approximately 1,220 sq. ft. of living space. Finished basement provides additional versatility with a two bathrooms, kitchen, den, and bathroom, making it ideal for extended living, a home office, or recreation. Features a new roof and water heater, both replaced in 2025. Conveniently located on a quiet street just minutes from the new train station and I-95, with easy access for commuters traveling to Boston. Excellent opportunity for investors or owner-occupants looking for rental income and long-term potential. Schedule your showing today!

Property details

MLS #: 1422644
Property type: Multi Family
Subdivision: N/A
Status: Active
Days on market: 7
On market date: September 8, 2026
Stories: N/A
Total bathrooms: 2
Garage spaces: 2
Parking spaces: 5
Lot size: 0.1033 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary

Veterans Memorial Elementary

0.09 mi away · Grades 0-4

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 366
Student:teacher ratio: 11.8:1
District: Central Falls

MiddleCharter

Segue Inst for Learning

0.14 mi away · Grades 3-8

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 275
Student:teacher ratio: 14.5:1
District: Segue Institute for Learning

High

Central Falls Sr High

0.32 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

3.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 804
Student:teacher ratio: 17.1:1
District: Central Falls

Walkability

Blended score for Central Falls's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

Highly walkable

out of 100

EPA National Walkability Index

14.8 / 20 -- Above average walkable

Google Places amenity density

100 / 100

Restaurants & cafes20

Grocery stores12

Parks19

Schools16

Transit stops20

Pharmacies3

Mortgage calculator

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Home price

Down payment

Interest rate

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Property tax

% / yr

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Est. monthly payment

$3,763/mo

$120,000 down

$479,999 loan

Principal & interest$3,113

Property tax (est.)$500

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 15 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.