#1386945, Listing office: Coldwell Banker Realty
Property details
About 168 Waterman Ave
Turnkey 3-Unit Multi-Family with 3-Car Garage Perfect for Owner-Occupant or Investor! Welcome to this beautifully renovated 3-family home, offering strong cash flow and owner-occupant potential! Each spacious unit features 3 bedrooms and 1 full bath, with updated kitchens, baths, flooring, and mechanicals. The second floor is currently vacant, making it the perfect opportunity for a buyer looking to live in one unit while collecting rent from the others. Each floor is currently rented for $2,400/month. Tenants pay their own utilities, and all major systems have been recently updated for low-maintenance ownership. A rare find, the property also includes a detached 3-car garage, ideal for additional storage, rental income, or owner use. Conveniently located near local amenities, highways, and public transportation, this property checks all the boxes for owner-occupants and savvy investors alike.
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.1102 Acres
Year built1924
ParkingDetached, Garage
MLS #1388130
Summary
- Full Bathrooms: 3
- Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Attic, Permanent Attic Stairs, Storage
- Total Bedroom Count: 9
- Attached Garage: No
- Parking: Detached, Garage
- Heating: Baseboard, Natural Gas
- Cooling: None
- List Price: $760,000
- Annual Tax Amount: $5,775
- Tax Year: 2024
- Year Built: 1924
- Lot Size: 0.1102 Acres
- MLS Number: 1388130
- MLS Name: RIS
- Office Name: HERE Realty
- Office Phone: (401) 862-1251
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 3:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 01, 2022 | Home Sold | $330,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $376,700 | $5,775 |
| 2023 | $374,100 | $5,522 |
| 2022 | $260,500 | $5,695 |
| 2021 | $260,500 | $5,601 |
| 2020 | $260,500 | $5,364 |
| 2018 | $204,300 | $4,674 |
| 2017 | $204,300 | $4,570 |
History based on county public records data.
Nearby schools
6
Orlo Avenue School
Public District KG-5
0.4 mi
•25 Orlo Ave
5
Whiteknact School
Public District KG-5
0.6 mi
•261 Grosvenor Ave
4
Hennessey School
Public District KG-5
0.9 mi
•75 Fort St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,481. The most common annual income of people living in East Providence, RI is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
42%
35k-100k
11%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
18%
Single, with Kids
21%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
#1381347, Listing office: The Mello Group, Inc.
Frequently asked questions
Living in East Providence, RI
East Providence's transportation infrastructure supports both private and public transit options, with a network of roads that connect residents to Providence and surrounding areas. Public transportation services are available, providing connections to key destinations within the city and to neighboring communities. The city is also accommodating to pedestrians and cyclists, with certain areas offering sidewalks and bike lanes to encourage eco-friendly travel. Ongoing improvements aim to enhance the efficiency and accessibility of the transportation system for all residents.
The community is served by a robust educational system, including several public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare needs are met by nearby hospitals and clinics that offer a range of services from emergency care to specialized treatments. East Providence also features a public library system that supports lifelong learning and community engagement. Retail and dining establishments are plentiful, with local businesses and eateries reflecting the city's cultural mosaic.
East Providence is celebrated for its welcoming community atmosphere and scenic waterfront views along the Seekonk River. The city prides itself on a rich historical heritage, with landmarks and well-preserved neighborhoods that reflect its past. Residents enjoy a variety of local events throughout the year, including arts festivals and community gatherings that showcase the city's cultural diversity and foster a strong sense of community.
East Providence offers a diverse housing market with a blend of residential options to suit various preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from historic colonial to contemporary. Multi-family dwellings and apartments complement the single-family residences, providing alternatives for those seeking smaller living spaces or rental opportunities. The area has seen various development phases, with many homes dating back to the mid-20th century, contributing to the neighborhood's established feel.
About 168 Waterman Ave
The listing price of 168 Waterman Ave property is $760,000.
The property 168 Waterman Ave is a multi located in East Providence, Rhode Island, 02914.
Active Listing: 168 Waterman Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 168 Waterman Ave are: Orlo Avenue School (GreatSchools Rating 6/10), Whiteknact School (GreatSchools Rating 5/10), Hennessey School (GreatSchools Rating 4/10), Edward R. Martin Middle School (GreatSchools Rating 3/10), Nathan Bishop Middle School (GreatSchools Rating 3/10), Urban Collaborative Program (GreatSchools Rating 2/10), East Providence High School (GreatSchools Rating 4/10), Hope High School (GreatSchools Rating 2/10), Village Green Virtual (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $5,775 (source: MLS/based on county public records data).
The last sale was on November 1, 2022 for $330,000 (source: MLS/tax record).
The year of construction for 168 Waterman Ave is 1924.
This home is located at 168 Waterman Ave in East Providence, RI and zip code 02914. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $760,000.
East Providence, RI housing market in June 2025 saw over 23 listings sold above listed price, more than 6 sold at listed price and over 8 sold below. The inventory of homes for sale in East Providence, RI between May and June 2025 increased by 1.3%. In June 2025, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $434,000.
From Rocket Homes Real Estate and based on county public records data.