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131 Cowden Street, Central Falls, RI 02863

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For Sale

$650,000

9 beds • 3 baths • 3,510 sqft

Estimated Payment

$ 4,053 /mo. †

6.85% APR for 30 yrs.
$7,744 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $185.19
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

GREAT RENTAL OR OWNER-OCCUPIED PROPERTY. Remodeled 3 Family house with 3 bedrooms on each unit and double parlor. First floor is open concept features all updated units, exterior was painted 3 years ago, newer windows, newer roof updated electrical and plumbing newer central heating system on 3rd floor, baseboard on 1st and 2nd floor. Water Tanks are a year old. Ample parking in the newly paced and fenced in yard with 24-hour video camera system. Mins to train station to Boston & close to Massachusetts line.
MLS# 1377228

Courtesy Of Real Estate Revolution LLC

(401) 921-5011

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Attic
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Laminate
  • Heating System
    Baseboard, Central Furnace, Steam
  • Lot Size
    0.13 Acres

Map and Directions

Directions to 131 Cowden Street, Central Falls, RI 02863

Home seller CENTURY 21 Butterman & Kryston, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Butterman & Kryston, Inc.

(401) 521-9490
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,407
  • Property Taxes
    $645
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,053

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ella Risk School

Grades KG-4 Public School

Central Falls, RI 02863 0.4 miles
949 dexter st

366 total students
11:1 Student teacher ratio

School Rating: D

School Details

Veterans Memorial Elementary School

Grades KG-4 Public School

Central Falls, RI 02863 0.3 miles
150 fuller ave

404 total students
11:1 Student teacher ratio

School Rating: C+

School Details

Calcutt Middle School

Grades 5-8 Public School

Central Falls, RI 02863 0.1 miles
112 washington st

753 total students
17:1 Student teacher ratio

School Rating: F

School Details

Central Falls Sr High School

Grades 9-12 Public School

Central Falls, RI 02863 0.3 miles
24 summer st

820 total students
17:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
The Learning Community 0.2 miles Public KG-8 C
Segue Inst For Learning 0.3 miles Public 3-8 C-
Raices Dual Language Academy 0.4 miles Public PK-6 D
G. Harold Hunt School 0.5 miles Public PK
Blackstone Valley Preparatory Jr High School 0.5 miles Public 7-8 C+
Blackstone Valley Preparatory E. 2 0.7 miles Public KG-4 A-
Blackstone Valley Preparatory High School 0.9 miles Public 9-12 C
William E. Tolman Senior High School 0.9 miles Public 9-12 D-
Henry J. Winters Elementary School 0.9 miles Public KG-5 C-
Blackstone Valley Preparatory 1.1 miles Public KG-4 C-
Saylesville Elementary School 1.2 miles Public KG-5 B-
M. Virginia Cunningham Elementary School 1.2 miles Public KG-5 D+
Samuel Slater Middle School 1.2 miles Public 6-8 D-
St Raphael Academy 1.2 miles Private 9-12
B.f. Norton Elementary School 1.3 miles Public KG-5 B
Blackstone Valley Preparatory Upper E 1.3 miles Public 5-6 C-

The Learning Community

Distance: 0.2 miles

Type Public

Grades: KG-8

C

Segue Inst For Learning

Distance: 0.3 miles

Type Public

Grades: 3-8

C-

Raices Dual Language Academy

Distance: 0.4 miles

Type Public

Grades: PK-6

D

G. Harold Hunt School

Distance: 0.5 miles

Type Public

Grades: PK

Blackstone Valley Preparatory Jr High School

Distance: 0.5 miles

Type Public

Grades: 7-8

C+

Blackstone Valley Preparatory E. 2

Distance: 0.7 miles

Type Public

Grades: KG-4

A-

Blackstone Valley Preparatory High School

Distance: 0.9 miles

Type Public

Grades: 9-12

C

William E. Tolman Senior High School

Distance: 0.9 miles

Type Public

Grades: 9-12

D-

Henry J. Winters Elementary School

Distance: 0.9 miles

Type Public

Grades: KG-5

C-

Blackstone Valley Preparatory

Distance: 1.1 miles

Type Public

Grades: KG-4

C-

Saylesville Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

B-

M. Virginia Cunningham Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

D+

Samuel Slater Middle School

Distance: 1.2 miles

Type Public

Grades: 6-8

D-

St Raphael Academy

Distance: 1.2 miles

Type Private

Grades: 9-12

B.f. Norton Elementary School

Distance: 1.3 miles

Type Public

Grades: KG-5

B

Blackstone Valley Preparatory Upper E

Distance: 1.3 miles

Type Public

Grades: 5-6

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Central Falls, RI 02863

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Central Falls, RI 02863

This community’s employment is highest in the education and production occupations industries. The area’s overall household expenses are below the national average.

82° July
Hottest Average Month
20° January
Coldest Average Month
7,581 Total Households in Area
-1.6% Increase in population since the year 2010
41.3%
of households
have children
28 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Central Falls, RI 02863

Central Falls, RI 02863 has a population of 22,111 people in 7,581 households with a median age of 31.5 years old.

-1.6%
Decrease in population
since the year 2010
Population is Trending down
7,697
Total households as of 2010
3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 31.5 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 66%
Other 40%
White 27%
Black 7%
Native American 2%
Asian <1%
The most prevalent ethnicity is Hispanic at 66%, followed by Other at 40%, White at 27%, and Black at 7%.

Economics
for Central Falls, RI 02863

17,251 /sq mi
Population Density
$45,049 /yr
Median Household Income
$560,000
Median Sales Price
28 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 17.74% of the households.

Transportation to Work

  • Drive 84%
  • Walk or Bike 8%
  • Public Transit 6%
  • Work from Home 3%

Occupancy by Type

Rented 5,553 69%
Owned 2,028 25%
Vacant 478 6%

White vs Blue Collar Jobs







Blue Collar 53%
White Collar 47%

Family & Education Facts
for Central Falls, RI 02863

31.5 Median Age

Average Household Size

2.8
persons per
household

38.8%

Married Households

Community Population By Education

Some High School 40%
High School Graduate 34%
Some College 11%
Bachelors Degree 8%
Associates Degree 5%
Graduate Degree 1%
Of the total people surveyed, the most prevalent educational attainment level is Some High School, representing 39.51% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
41.2% of households have children

Weather
for Central Falls, RI 02863

The weather for this area ranges from a high of 82° F in July to a low of 20° F in January

82° July
Hottest Average Month
20° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
20°
37°
Feb
21°
39°
Mar
29°
46°
Apr
38°
57°
May
47°
68°
Jun
56°
77°
Jul
63°
82°
Aug
61°
80°
Sep
54°
73°
Oct
43°
63°
Nov
35°
52°
Dec
24°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Central Falls, RI 02863!
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Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' 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 being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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