Warren RI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,845
Status:
Active
Beds:
5
Lot size:
0.12 Acres
Year built:
1890
Baths:
2.00
MLS#:
1373609
Subdivision:
Waterfront Historic District

ADDITIONAL INFORMATION

Prime Multifamily Opportunity in Warren's Historic Waterfront District! Welcome to 135 Water St., located in the highly desirable Village Business district of Warren, RI. This multifamily property is situated in the heart of the vibrant historic waterfront area, steps from boutique shops, renowned restaurants, art galleries, and the East Bay Bike Path. The property features two well-appointed units. The first-floor unit offers 2 bedrooms, 1 bathroom, in-unit laundry, and an updated kitchen. The second-floor unit includes 3 bedrooms, 1 bathroom, in-unit laundry, and original pine hardwood floors, adding a touch of timeless character. Additional highlights include vinyl siding, replacement windows, and a private yard for outdoor enjoyment. A finished basement provides bonus space, while the unfinished attic offers potential for expansion or additional income opportunities. Whether you're looking for an owner-occupied investment or a valuable addition to your portfolio, this property delivers versatility and charm in an unbeatable location. Don't miss this chance to own a piece of Warren's history with modern conveniences. Schedule your private showing today!

Type:
Multi-Family
Sq.Ft.:
5,673
Status:
Active
Beds:
13
Lot size:
0.17 Acres
Year built:
1920
Baths:
5.00
MLS#:
1373579

ADDITIONAL INFORMATION

Exciting Opportunity to Invest in a Turnkey 5-Family Gem. This unique property consists of two buildings on one lot, offering a total of five apartments. The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment. All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance. One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

Type:
Multi-Family
Sq.Ft.:
2,013
Status:
Active
Beds:
8
Lot size:
0.07 Acres
Year built:
1900
Baths:
2.00
MLS#:
1362198
Subdivision:
Downtown

ADDITIONAL INFORMATION

Duplex is Downtown Warren with 4 bedrooms in each apartment! The house brings in just over $5,000 in monthly rent! Each Unit has its own driveway and its own Basement. Walk to restaurants. One unit was newly renovated and is Currently empty, the new Renter is supposed to move in before the end of the month. The other unit is rented and was renovated around 5 years ago. Call today!

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Andrea Conner, License REC.0018633, Xome Inc., License REC.0018633, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS. IDX information is provided exclusively 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. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.



Warren Real Estate

The median home value in Warren, RI is $495,000. This is lower than the county median home value of $514,700. The national median home value is $338,100. The average price of homes sold in Warren, RI is $495,000. Approximately 52.98% of Warren homes are owned, compared to 38.29% rented, while 8.73% are vacant. Warren real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Warren real estate agent to arrange a tour today!

Warren, Rhode Island has a population of 11,166. Warren is less family-centric than the surrounding county with 21.06% of the households containing married families with children. The county average for households married with children is 33.25%.

The median household income in Warren, Rhode Island is $75,755. The median household income for the surrounding county is $95,102 compared to the national median of $69,021. The median age of people living in Warren is 47.6 years.

Warren Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 48 inches per year, with 33.1 inches of snow per year.

Warren Real Estate Market Conditions

  • Median sales price

    $495,000
    16% change since last quarter
  • # Active listings

    22
    30-day change

Warren Schools and Demographics

Education near Warren, RI

Metric City County
High School Graduates 88.88 91.6
College Degree - 2 year 7.3 6.61
College Degree - 4 year 33.98 49.46
Graduate Degree 10.24 14.54
Expenditures per Student 17,960 17,960
Students per Teacher 14 14

Elementary Schools near Warren, RI

School Grades Students P/T Ratio ZIP
Colt Andrews School KG - 05 374 16.3 02809
Guiteras School KG - 05 308 17.6 02809
Holden School KG - 06 238 12.4 02889
Hoxsie School KG - 06 311 14.1 02889
Hugh Cole School PK - 05 669 17.1 02885
James R. D. Oldham School KG - 05 185 15.3 02915
Nayatt School PK - 03 317 15.5 02806
Oakland Beach School PK - 06 372 14.4 02889
Primrose Hill School PK - 03 314 16.3 02806
Rockwell School KG - 05 270 20 02809
Sherman School KG - 06 363 13.8 02889
Sowams Elementary School KG - 03 260 14.1 02806
Waddington School PK - 05 548 18.8 02915
Warwick Neck School KG - 06 277 15.1 02889

Middle Schools near Warren, RI

School Grades Students P/T Ratio ZIP
Barrington Middle School 06 - 08 819 13.9 02806
Gorton Junior High School 07 - 08 425 11.9 02889
Hampden Meadows School 04 - 05 499 14.8 02806
Kickemuit Middle School 06 - 08 770 16.4 02885
Riverside Middle School 06 - 08 477 13 02915

High Schools near Warren, RI

School Grades Students P/T Ratio ZIP
Barrington High School 09 - 12 1,055 13 02806
Mt. Hope High School 09 - 12 928 15.3 02809
Warwick Veterans High 09 - 12 834 10.1 02889

Demographics near Warren, RI

Metric City County
Neighborhood Type Suburban
Population 11,166 50,672
Population Density 1,825 2,099
Median Age 47.6 44.4
People per Household 2.2 2.4
Median Household Income 75,755 95,102
Average Income per Capita 42,683 51,917