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Sold for $361,300
  • $361,300

    397 Rathbun St, Woonsocket, RI 02895

    4beds
    2,400sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $374,600 Zestimate®
    $151/sqft
    $1,429 Estimated rent

    Home value

    $374,600

    $333,000 - $423,000

    $1,429/mo

    Zestimate® history
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    What's special

    Investors & Landlords Take note: 4+ Family property (possibly ADU bsmnt unit). 2 car & 1 car garage, with a good-sized back yard. SALE AS IS-WHERE IS. Investors take note, great opportunity to renovate & make cash flow with the units and garages! Plenty of upside for this income-producing property, and it will need some TLC, but well worth it. It's vacant and ready for sale. See showing appt instructions. This will not last! Email for access.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Ouellette,

    Real Results Realty

    Bought with:

    Jean Tinsworth, RES.0026087

    HomeSmart Professionals

    Source: StateWide MLS RI,MLS#: 1391747MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Bath w Tub, Bath w Shower Stall
    Heating
    • Natural Gas, Oil, Baseboard, Gas on Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC)
    • Flooring: Laminate
    • Basement: Full,Interior Entry,Finished,Kitchen,Laundry,Utility,Work Shop
    • Has fireplace: No
    Interior area
    • Total structure area: 3,915
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Detached
    • Garage spaces: 3
    Features
    • Stories: 2
    • Exterior features: Balcony
    Lot
    • Size: 2,299 Square Feet
    Details
    • Parcel number: WOONM21BL6U42
    • Zoning: R4
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Fuses
    • Sewer: Public Sewer
    • Water: Municipal

    Community & HOA

    Community
    • Features: Commuter Bus, Highway Access, Hospital, Private School, Public School, Restaurants, Schools, Near Shopping
    HOA
    • Has HOA: No
    Location
    • Region: Woonsocket

    Financial & listing details

    • Price per square foot: $151/sqft
    • Tax assessed value: $270,700
    • Annual tax amount: $6,500
    • Date on market: 8/6/2025
    • Inclusions: Being sold as-is, where-is. The seller has not lived in the property. Buyer to do their own due diligence. See attached disclosures.
    • Total actual rent: 4800
    • Tenant pays: Heat

    Price history

    DateEventPrice
    8/3/2026Listing removed$1,450$1/sqft
    Source: Zillow Rentals Report a problem
    5/18/2026Price change$1,450-12.1%$1/sqft
    Source: Zillow Rentals Report a problem
    2/3/2026Listed for rent$1,650$1/sqft
    Source: Zillow Rentals Report a problem
    9/26/2025Sold$361,300-3.7%$151/sqft
    Source: StateWide MLS RI #1391747 Report a problem
    9/23/2025Pending sale$375,000$156/sqft
    Source: StateWide MLS RI #1391747 Report a problem
    9/4/2025Price change$375,000-1.1%$156/sqft
    Source: StateWide MLS RI #1391747 Report a problem
    8/13/2025Pending sale$379,000$158/sqft
    Source: StateWide MLS RI #1391747 Report a problem
    8/6/2025Listed for sale$379,000+24.3%$158/sqft
    Source: StateWide MLS RI #1391747 Report a problem
    7/21/2025Sold$305,000+342%$127/sqft
    Source: Public Record Report a problem
    7/16/1996Sold$69,000$29/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,936 $270,700
    2024$3,936 +4%$270,700
    2023$3,784 $270,700
    2022$3,784 +4.8%$270,700 +78.1%
    2021$3,610 -1%$152,000
    2020$3,648 -0.3%$152,000
    2018$3,660 +19.7%$152,000 +49.6%
    2017$3,058 -5.5%$101,600
    2016$3,235 -13%$101,600
    2015$3,717 +3.9%$101,600 +2.1%
    2014$3,576 +4%$99,500
    2013$3,439 +7.1%$99,500 +900%
    2012$3,210 -0.6%$9,950 -92.3%
    2011$3,228 +6.2%$128,600
    2010$3,039 +5.7%$128,600
    2009$2,875 -16.7%$128,600 -50.7%
    2008$3,452 +16.4%$260,900 +9.1%
    2006$2,966 +3.6%$239,200 +99.3%
    2004$2,862 $120,000
    Find assessor info on the county website

    Neighborhood: Social District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $374,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $374,600