Central Falls Homes under $500,000

Welcome to Central Falls, Rhode Island—a vibrant city that beautifully blends rich history with a dynamic community spirit. Nestled in Providence County, this charming locale is known for its diverse culture and welcoming atmosphere. With a population of just over 19,000 residents, Central Falls offers a tight-knit community feel while being conveniently located near larger urban centers, making it an ideal place for families, young professionals, and retirees alike.

Central Falls boasts an array of beautiful parks, local shops, and dining options that reflect the city’s multicultural heritage. The historic architecture of the area tells a story of its past, while modern developments pave the way for future growth. Additionally, the city’s commitment to revitalization is evident in its ongoing community projects and initiatives aimed at enhancing the quality of life for all residents.

For those seeking affordable housing options, Central Falls is a treasure trove of homes under $500,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find charming single-family homes, cozy bungalows, and inviting townhouses that cater to a variety of tastes and lifestyles. With a strong sense of community and reasonable housing prices, Central Falls serves as an excellent option for anyone looking to invest in a home without breaking the bank.

Explore the possibilities in Central Falls, where affordability meets charm, and discover the perfect place to call home in this inviting Rhode Island gem!

Newest Central Falls Homes under $500,000

$250,000

2 Beds ⋅ 3 Baths ⋅ 1424771 MLS ⋅ 30 Foundry St. BLDG.

An Affordable Start to Your Next Chapter! Welcome to Unit 5 at 30 Foundry Street in Central Falls! Just move in! This condo offers 2 bedrooms, 2.5 bathrooms and a comfortable layout across multiple levels. Enjoy an open living area, kitchen and convenient half bath on the main floor. Upstairs are two bedrooms with natural light and closet space. The basement features a shower, laundry area and flexible space for a family room or potential additional bedroom. Conveniently located near major highways and train service, just minutes from downtown Providence, with easy access to the airport and approximately an hour from Boston. A wonderful place to begin, grow and make memories!

30 Foundry Street Unit 5, Central Falls

$350,000

3 Beds ⋅ 2 Baths ⋅ 1423326 MLS

WELL-MAINTAINED SINGLE-FAMILY HOME in a convenient Central Falls location! Offering over 1,700 square feet of living space, this 3-bedroom, 1.5-bath home features beautiful hardwood floors, stainless steel appliances, and a functional layout with plenty of room to grow. The unfinished basement provides excellent storage or potential for future use, while the detached 2-car garage offers valuable parking and additional storage space. Conveniently located near Broad Street, Route 146, I-95, and major commuter routes, with easy access to the Pawtucket/Central Falls Transit Center and public transportation. Close to Jenks Park & Cogswell Tower, Veterans Memorial Park, the Blackstone River, and River Island Park. Minutes to Downtown Pawtucket and a short drive to Providence, with convenient access to shopping, dining, schools, hospitals, universities, employment, and entertainment throughout the Providence metro area and Blackstone Valley.

78 Jenks Street, Central Falls

$490,000

7 Beds ⋅ 3 Baths ⋅ 1423046 MLS

2-family home offering the 1st-floor unit with 3 bedrooms - 1bath, while the 2nd and 3rd floors combined townhouse-style unit with a total of 4 bedrooms - 2baths, providing plenty of space for extended families or strong rental income potential. Conveniently located near schools, shopping, restaurants, and major highways. Don't miss your chance to own this fantastic income-producing property!

373 Cowden Street, Central Falls

$425,000

3 Beds ⋅ 2 Baths ⋅ 1422409 MLS

Welcome to this opportunity to own a 3-bedroom, 1.5-bathroom Cape style home that offers approximately 1,400 square feet of living space and a generous sized lot with untapped potential. Set on a 0.32-acre lot, the property includes a spacious yard, in-ground pool area and a rare added bonus a potential buildable lot with street frontage in back on Foundry St, offering incredible value for investors, developers, or homeowners seeking expansion opportunities. Equipped with fully owned solar panels. Located in a quiet neighborhood just steps from Project GOAL Mini-Pitch and within easy reach of schools, shops, parks, and commuter routes, this home provides both comfort and convenience. With a vision to make it your own, 68 Ledge Street is a unique opportunity in the heart of Central Falls. **Subject to Sellers securing suitable housing**

68 Ledge Street, Central Falls

$299,900

3 Beds ⋅ 1 Baths ⋅ 1422339 MLS

Great opportunity for investors , contractors , or buyers looking for a project with upside, this single family property offers Plenty of Potential and is ready for your vision. The interior needs TLC and updating, Providing an excellent opportunity to renovate and add Value . Property being Sold as-is .

738 Lonsdale Avenue, Central Falls

404 Roosevelt Ave Unit 103G, Central Falls

$335,000

1 Beds ⋅ 2 Baths ⋅ 73569477 MLS ⋅ ['Mile Square Lofts'] BLDG.

Welcome to Mile Square Lofts, a distinctive brick mill conversion near the Pawtucket line. This unique loft-style condo features, private entry, double entry doors, soaring ceilings and an open layout with a butcher-block counter kitchen, soft-close cabinetry, dining area, living area, half bath, full bath, and a loft-style bedroom with double step in closet. Additional features include gas heat, in-unit laundry, a utility and storage room, and one assigned parking space. Appliances and dehumidifiers remain. Take the elevator to the common rooftop deck and enjoy impressive views. This pet-friendly, 19-unit community offers historic character with modern convenience. The condo fee includes water, sewer, trash removal, snow removal, off-site property management, and master insurance. Building dates to 1900; unit conversion completed in 2009–2010. Taxes reflect the Homestead Exemption. A must see to appreciate. Subject to seller finding suitable housing.

404 Roosevelt Ave Unit 103G, Central Falls

404 Roosevelt Avenue Unit 103G, Central Falls

$335,000

1 Beds ⋅ 2 Baths ⋅ 1421779 MLS ⋅ Mile Square Lofts BLDG.

Welcome to Mile Square Lofts, a distinctive brick mill conversion near the Pawtucket line. This unique loft-style condo features, private entry, double entry doors, soaring ceilings and an open layout with a butcher-block counter kitchen, soft-close cabinetry, dining area, living area, half bath, full bath, and a loft-style bedroom with double step in closet. Additional features include gas heat, in-unit laundry, a utility and storage room, and one assigned parking space. Appliances and dehumidifiers remain. Take the elevator to the common rooftop deck and enjoy impressive views. This pet-friendly, 19-unit community offers historic character with modern convenience. The condo fee includes water, sewer, trash removal, snow removal, off-site property management, and master insurance. Building dates to 1900; unit conversion completed in 2009 2010. Taxes reflect the Homestead Exemption. A must see to appreciate. Subject to seller finding suitable housing.

404 Roosevelt Avenue Unit 103G, Central Falls

$477,000

5 Beds ⋅ 2 Baths ⋅ 1415098 MLS

Well-maintained 2-family home offering a fantastic opportunity for both owner-occupants and investors! This property has been cared for and features spacious living areas, strong rental potential, and plenty of off-street parking for multiple vehicles. Conveniently located near schools, shopping, restaurants, and highways. Whether you're looking to generate rental income or occupy one unit while renting the other, this is an opportunity you won't want to miss!

72 Sylvian Street, Central Falls

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