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About this home
Welcome to truly a one of a kind opportunity in the heart of Pawtucket! This exceptional 2-unit home effortlessly blends historic character and charm with incredible future potential. From the moment you arrive, you will be captivated by the home's inviting architecture and unique details that set it apart from typical multi-family properties. Whether you are an investor looking to grow your portfolio or an owner-occupant seeking to offset your mortgage while living in a beautiful space, this residence delivers on all fronts. One of the most exciting features of this property is that it comes with an extra lot with potential to build, presenting endless possibilities for expansion, a sprawling city garden, or brand-new construction. Furthermore, parking, storage, and workspace will never be an issue thanks to the spacious 2 car barn style garage that perfectly complements the vintage aesthetic of the estate. Properties offering this rare combination of immediate rental appeal, classic beauty, and raw development upside simply do not come on the market often. Don't miss your chance to own a piece of Pawtucket history with the absolute flexibility to shape its future. Schedule your private showing today to explore the limitless possibilities this exceptional property has to offer!
Pine Crest, located between Slater Park and the Oak Hill edge near East Avenue, is a residential and park-adjacent Pawtucket neighborhood with leafy side streets and a low-rise, lived-in streetscape. The neighborhood’s character concentrates around the Slater Park entrance at Armistice Boulevard, where joggers, playground chatter, and weekend events set the tempo. Housing reads as classic Rhode Island: compact single-family homes, tidy triple-deckers, and mid-century ranches with deep setbacks and mature trees. Slater Memorial Park’s paths, fields, and carousel grounds shape daily routines and seasonal traditions. A short ride away, The Guild Pawtucket, Jordan’s Jungle, and the Pawtucket Arts Collaborative add local flavor beyond the residential grid.
Provided by Walk Score and Local Logic
Offer insights
487 Grand Ave · $542,000
$571K and above
75% chance or better to win
Why $571K+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 28 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Thermal windows
Storm door(s)
Bedrooms
One-bedroom unit
Two-bedroom unit
Bathrooms
Two full bathrooms (total)
One full bathroom in the one-bedroom unit
One full bathroom in the two-bedroom unit
Kitchen
Water heater
Laundry & utility
Common area laundry
Flooring
Ceramic tile
Hardwood
Heating & cooling
Gas heating
Steam heating
Window unit(s) for cooling
Exterior features
Porch
Paved driveway
Outbuilding
Multiple lots
Home design
Two stories
Above-grade finished area 3,470
Parking
Attached garage
2 garage spaces
2 covered spaces
Total parking for 10 vehicles
Construction
Full basement with interior entry (unfinished)
Utilities
Public water (connected)
Public sewer (connected)
Circuit breaker electric
HOA & community
Highway access
Near hospital
Near schools
Public transportation
Recreation area
Restaurant nearby
Shopping nearby
Electricity and solar
View estimated energy costs and solar savings for this home
LEGAL 2-FAMILY 5 MINUTES FOR "T" AND 95. HOME OFFERS NEW ELECTRICAL, NEW BOILER, NEW 50 GALLON HOT WATER TANK, FENCED IN DOUBLE LOT WITH 5 CAR GARAGE. PARTIALLY FINISHED LOWER LEVEL WITH FAMILY ROOM.
RIS #449392
Nov 2, 2004
Listing Removed
—
Sep 28, 2004
Listed
$269,900
$78/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,912 (+6.6%)
$119,200 + $178,300
$297,500
2024
$3,671 (−5.2%)
$119,200 + $178,300
$297,500
2023
$3,874 (+2.2%)
$82,400 + $146,300
$228,700
2022
$3,792
$82,400 + $146,300
$228,700
2021
$3,792 (−2.5%)
$82,400 + $146,300
$228,700
2020
$3,888
$75,200 + $110,900
$186,100
2019
$3,888 (+3.8%)
$75,200 + $110,900
$186,100
2018
$3,746 (+15.8%)
$75,200 + $110,900
$186,100
2017
$3,235 (+3.8%)
$55,400 + $87,000
$142,400
2016
$3,117
$55,400 + $87,000
$142,400
2015
$3,117 (+9.4%)
$55,400 + $87,000
$142,400
2014
$2,848
$49,900 + $73,600
$123,500
2013
$2,848
$49,900 + $73,600
$123,500
2012
$2,848
$49,900 + $73,600
$123,500
Public record
Public record
Permits
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,443
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,443
Year built
1930
Style
Single Family Residential
County
Providence County
APN
399128
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Apr 24, 2019 • Active
Demolition
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
6/10 Flood Factor
Estimated 70-78% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
70% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Pawtucket, RI • 02861
Average low and high temperatures (°F)
36
20
37
21
51
32
60
41
69
51
81
61
84
66
79
59
74
57
64
47
54
37
41
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 487 Grand Ave
$541,821
$179 under list price of $542K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $449K to $505K.