This home's estimate is 29.7% higher than the average sale price ($391K) of 6 comparable homes.
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362 Ballou St, Woonsocket, RI 02895
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About this home
Rare opportunity to own a well-maintained two-family that offers the perfect blend of homeownership and wealth building. Whether you're looking to offset your mortgage with rental income or add a quality property to your investment portfolio, this home delivers exceptional value. Each spacious unit features two generous bedrooms, a full bath, bright eat-in kitchen, expansive double living rooms highlighted by beautiful Craftsman colonnade dividers, and plenty of natural light. Unit 2 offers in-unit laundry, while Unit 1 enjoys dedicated basement laundry. Outside you'll find a detached two-car garage plus additional off-street parking, providing convenience rarely found at this price point. The partially finished basement offers additional storage, workshop space, utility area and future possibilities. Ideally situated near the North Smithfield line with quick access to Routes 146 and 295, making commuting to Providence, Worcester, the CVS Corporate Campus, and surrounding employment centers simple and convenient. Minutes to shopping, restaurants, schools and everyday amenities. Skip the single-family home and put your housing dollars to work in a property that offers flexibility, long-term value, and the opportunity to build equity while generating income. A smart move for owner-occupants and investors alike.
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Market trends in 02895, RI
Last updated September 2026
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Sale and tax history for 362 Ballou St
- Sale History
- Tax History
$88/sq ft
$85/sq ft
Public record
Property details
Parking
- Garage/Carport Information
- Has Garage
- # of Garage Spaces: 2
- Parking
- Features: Garage Door Opener
- # of Parking (Total): 4
- # of Covered Spaces: 2
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 2
- Room Information
- # of Rooms (Total): 10
- Room Types: Bathroom, Family Room, Game Room, Gym, Laundry, Office, Storage Room, Utility Room, Workshop
- Has Basement
- Basement Information: Exterior Entry, Full, Interior Entry, Partially Finished
- Laundry Information
- Features: Common Area, In Unit
- Equipment
- Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
- Interior Features
- Flooring: Carpet, Ceramic Tile, Vinyl
- Other Features: Attic, Interior Steps, Permanent Attic Stairs, Tub Shower
- Multi Unit Information
- # Of Units Total: 2
- # Of Buildings: 1
- Unit Type 1
- Two Bedroom
- Unit Description: (proposed rent)
- # of Bedrooms: 2
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 1323.0
- Actual Rent: $2,000
- Unit Type 2
- Two Bedroom
- Unit Description: (proposed rent)
- # of Bedrooms: 2
- # of Bathrooms Total: 1
- # of Full Bathrooms: 1
- Area: 1323.0
- Actual Rent: $2,000
Exterior
- Building Information
- Stories (Total): 2
- Construction Details: Drywall, Vinyl Siding
- Exterior Features
- Exterior Features: Paved Driveway
- Other Structures: Outbuilding
- Fencing: Fenced
- Lot Information
- Lot Size Area: 5,226
- Lot Size Acres: 0.12
- Lot Features: Corner Lot
- Frontage Length: 52
- Frontage Length Remarks: 52
- Zoning: R3
- Property Information
- Above Grade Finished Area: 5,204
- Foundation Details: Concrete Perimeter
Financial
- Assessments and Fees
- Assessed Value: $443,800
- Tax Information
- Annual Tax Amount: $4,984
- Tax Year: 2025
Utilities
- Utility Information
- Utilities: Sewer Connected
- Electric: Amps 100, Circuit Breakers
- Sewer: Connected
- Water Source: Connected
- Heating & Cooling
- Has Cooling
- Cooling: Window Unit(s)
- Has Heating
- Heating: Baseboard, Oil
Location
- Community Information
- Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 2,646
- Stories: 2.0
- Lot Size: 4,792 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1900
- Year Renovated: —
- County: Providence County
- APN: 560528
Around this home
Schools
Public PreK-5 • 0.4mi
Public K-5 • 0.6mi
Private N/A • 0.3mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 95° expected this year, 15 days in 30 years
63% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Very good sunlight
SunscoreThis home receives average direct sun exposure in Woonsocket. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 02895
Home values near 362 Ballou St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1650 Sq. Ft. | $437,745 |
4 Beds | 2 Baths | 3317 Sq. Ft. | $491,035 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 2 Baths | 2576 Sq. Ft. | $507,878 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1488 Sq. Ft. | $416,292 |
3 Beds | 1.5 Baths | 1722 Sq. Ft. | $352,950 |
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