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6 Nevada Ave, Rumford, RI, 02916

3beds
2baths
1,411sqft
$499,000
$354price/sqft
$3,686/moest. monthly cost
$147,440/yrincome needed

About This Home

Tucked away on a corner lot in the heart of Rumford, this turnkey two family offers the comfort and feel of a single family home with the added benefit of rental income. Full of character and thoughtfully updated, this property is the perfect opportunity for an owner occupant or investor and has been issued a recent lead certificate. The first floor features a bright, open concept living, dining, and kitchen area with beautiful hardwood floors, two bedrooms, an updated modern bathroom, and central air. The second bedroom opens to a private deck overlooking the fenced backyard, creating the perfect space to relax or entertain. The first floor also enjoys exclusive access to the full basement with laundry and plenty of additional storage. The second floor offers a cozy one bedroom apartment with hardwood floors, an updated bathroom, and a comfortable layout. The current tenant is on a month to month lease, giving buyers the flexibility to continue generating rental income if they choose. Outside, you'll find parking for up to six vehicles, a large storage shed, and a fenced yard that offers plenty of space to enjoy. Conveniently located near Wannamoisett Country Club and all that Rumford has to offer, this home combines classic charm with modern updates in a location that's always in demand. Whether you're looking to offset your mortgage with rental income or add a solid property to your portfolio, this is a rare opportunity you won't want to miss.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

4/10
5/10

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Microwave,Oven/Range,Refrigerator,Washer
  • Laundry features: In Building

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Partially Finished,Laundry,Storage Space,Utility

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wall (Dry Wall),Stairs,Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls),Ceiling Fan(s)
  • Door features: Storm Door(s)
  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,Gas Connected
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 2,217
  • Total interior livable area: 1,411 sqft

Property

Details

  • Parcel number: EPROM302B04L005U
  • Attached to another structure: Yes

Features

  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Fenced

Lot

  • Lot size: 8,001 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 6
  • Parking features: No Garage,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$238$2,856
Property Taxes $536$6,432
Electricity $389$4,675
Total$3,686$44,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,377/yr
40% on housing$110,580/yr
45% on housing$98,293/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$354This listing

vs Other Active Listings

Avg $/sqft

ZIP 02916$274
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02916$322
Providence County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$499,000
2026-08-05Listed for sale$499,000
2023-03-02Sold$380,000
2023-01-07Pending sale$375,000
2023-01-01Contingent$375,000
2022-12-26Listed for sale$375,000
2019-05-08Sold$275,000
2019-04-11Price change$279,900
2019-03-24Listed for sale$289,900
AgentSlocum Home Team
BrokerageeXp Realty

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