$675,000

5 Stearns St Pawtucket, RI 02861

$8,016
Closing credit¹
8 beds
3 full
0.2 acres
Multi-Family

Property details

About 5 Stearns St

Discover a prime investment opportunity at 5 Stearns Street in Pawtucket a solidly built, well-maintained 3-unit multi-family home offering 3,192 square feet of living space on a generous 0.21-acre lot. This classic building, constructed in 1910, features two spacious three-bedroom units and one two-bedroom unit, all with hardwood floors and full baths. The property includes a full unfinished basement with both interior and exterior access, providing ample storage or potential for future expansion. With eight off-street parking spaces, gas baseboard heating paid by tenants, and convenient access to public transportation, highways, shopping, and dining, this property combines practicality, space, and location. Vinyl siding adds a modern touch to the exterior, while kitchens are equipped with essential appliances. This multi-family home represents a fantastic opportunity for investors or owner-occupants seeking steady rental income and strong long-term value in a vibrant Pawtucket neighborhood.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size0.2052 Acres
Year built1910
ParkingNo Garage
MLS #1388114

Summary

  • Full Bathrooms: 3
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Tub Shower
  • Total Bedroom Count: 8
  • Parking: No Garage
  • Heating: Baseboard, Natural Gas
  • Cooling: None
  • List Price: $675,000
  • Annual Tax Amount: $5,969
  • Tax Year: 2024
  • Year Built: 1910
  • Lot Size: 0.2052 Acres
  • MLS Number: 1388114
  • MLS Name: RIS
  • Office Name: REALPRO by The Water
  • Office Phone: (401) 600-4100
  • Office Email: broker@therealprogroup.com

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: 6/23/2025, 6:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5 Stearns St, Pawtucket, RI 02861 - view of front facade

$675,000

5 Stearns St

$8,016

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 07, 2018
Home Sold
$260,000
Mar 27, 2013
Home Sold
$163,000

Tax history

YearAssessmentProperty Tax
2024$483,700$5,969
2023$330,400$5,597
2022$330,400$5,478
2021$330,400$5,478
2020$210,400$4,395
2018$210,400$4,235
2017$182,800$4,153

History based on county public records data.

Nearby schools

4

Curvin McCabe Elementary School

Public District KG-5

0.4 mi

466 Cottage St

7

Flora S. Curtis Elementary School

Public District PK-5

0.8 mi

582 Benefit St

4

Henry J. Winters Elementary School

Public District KG-5

0.8 mi

481 Broadway

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,817. Typical income of Pawtucket, RI residents is between $35k-100k annually. The majority of 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?

22%
<35k
61%
35k-100k
15%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
14%
Single, with Kids
21%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • NissanNissan
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Pawtucket, RI

Transportation in Pawtucket includes a network of buses that connect residents to various parts of the city and surrounding areas. The city's layout supports a moderate level of walkability, particularly in the downtown area, which is more pedestrian-friendly. Bike paths are available for cycling enthusiasts, and major highways facilitate travel to Providence and other parts of Rhode Island. While ride-sharing services are operational, specific schedules and availability may vary.

The city of Pawtucket is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic preferences. Healthcare is accessible through local clinics and nearby hospitals that offer a variety of medical services. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, reflecting the local culture and providing residents with a taste of Pawtucket's culinary diversity.

Pawtucket prides itself on its vibrant arts scene and historical significance in the American Industrial Revolution. The community is known for its creative energy, with numerous art studios and galleries dotting the area. Annual events like the Pawtucket Arts Festival celebrate the city's cultural diversity and artistic heritage, fostering a sense of pride and togetherness among residents.

Pawtucket's housing market is diverse, offering a range of options from historic Victorian homes to contemporary apartments and multifamily units. Single-family homes are prevalent, with a mix of older homes that reflect the city's rich industrial past and newer constructions. The homeownership rate in Pawtucket is robust, with a significant portion of residents owning their homes, while the remainder of the population resides in rental properties.

About 5 Stearns St

The listing price of 5 Stearns St property is $675,000.

The property 5 Stearns St is a multi located in Pawtucket, Rhode Island, 02861.

Active Listing: 5 Stearns St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5 Stearns St are: Curvin McCabe Elementary School (GreatSchools Rating 4/10), Flora S. Curtis Elementary School (GreatSchools Rating 7/10), Henry J. Winters Elementary School (GreatSchools Rating 4/10), Lyman B. Goff Middle School (GreatSchools Rating 4/10), Robert J. Coelho Middle School (GreatSchools Rating 5/10), Joseph Jenks Middle School (GreatSchools Rating 4/10), William E. Tolman Senior High School (GreatSchools Rating 2/10), Jacqueline M. Walsh School (GreatSchools Rating 6/10), Central Falls Sr High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $5,969 (source: MLS/based on county public records data).

The last sale was on June 7, 2018 for $260,000 (source: MLS/tax record).

The year of construction for 5 Stearns St is 1910.

This home is located at 5 Stearns St in Pawtucket, RI and zip code 02861. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $675,000.

While more than 20 listings in Pawtucket, RI in May 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 8 were sold below. The number of listings in Pawtucket, RI increased by 20.4% between April and May 2025. The median list price of listings available in May 2025 was $426,600, while the average time on the real estate market was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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