$568,000

1088 Main St Hope Valley, RI 02832

Hope Valley-Rockville Neighborhood

Estimated payment $3,655/month

Total Views 576
8 Beds
3 Baths
5,184 Sq Ft
$110 Price per Sq Ft

Highlights

  • Golf Course Community
  • Waterfront
  • Wood Flooring
  • River Access
  • Wooded Lot
  • Attic

About This Home

Discover this unique 3-unit multifamily property nestled in the scenic, rural setting of Hope Valley, directly abutting the area's beautiful Wood River. Expansive and private backyard with space for gardening, relaxing, or a walk to the river. Built in 1900, this property blends historic charm with investment potential. Units are deceivingly spacious and bright. Units 1 & 2 each have 3 bedrooms. Top floor unit #3 is a 2 bedroom space. Perfect for owner-occupants, long-term rentals, or short-term vacation potential. Does need some TLC but with some attentive renovations, this property could significantly increase in value. Easy access to Rt 95 for points both north to Providence/Boston, west on Rt 138 to Ct, and south or east to the Rhode Island shore. Enjoy the serene surroundings and capitalize on this affordable multifamily opportunity in a growing area. Don't miss out properties like this don't come around often! DO NOT ENTER property without listing agent present!!!

Listing Agent

Delaine Wright

Coldwell Banker Coastal Homes License #REB.0019652 Listed on: 08/04/2025

Coldwell Banker Coastal Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,535

Year Built

  • Built in 1900

Lot Details

  • 1.24 Acre Lot
  • Waterfront
  • Wooded Lot

Home Design

  • Fixer Upper
  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,184 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • River Access
  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Private Water Source
  • Well
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 00152
  • Assessor Parcel Number 1088MAINSTHOPK

Community Details

Overview

  • 3 Units
  • Hope Valley Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,535

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.24
  • Subdivision Name: Hope Valley
  • Above Grade Finished Sq Ft: 5184.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: 4097

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Lot Features: Wooded, Waterfront
  • Waterfront Features: River Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Combination, Concrete Perimeter
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Recreation Area, Restaurant
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.0
  • Parcel #: 1088MAINSTHOPK
  • Zoning: R-1

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6535.0
  • Tax Lot: 00152
  • Tax Map Number: 027
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,437 $427,400 $150,000 $277,400
2023 $6,266 $427,400 $150,000 $277,400
2022 $5,049 $272,500 $90,000 $182,500
2021 $5,049 $272,500 $90,000 $182,500
2020 $4,981 $272,500 $90,000 $182,500
2019 $5,224 $252,600 $74,200 $178,400
2018 $5,070 $252,600 $74,200 $178,400
2017 $5,070 $252,600 $74,200 $178,400
2016 $4,949 $239,800 $66,200 $173,600
2015 $4,887 $239,800 $66,200 $173,600
2014 $4,949 $239,800 $66,200 $173,600
2013 $4,771 $241,300 $63,800 $177,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $568,000 -- $110 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: State-Wide MLS

MLS Number: 1391717

State-Wide MLS

APN: HOPK-000027-000000-000152

Rhode Island Washington County Hope Valley 02832 Hope Valley-Rockville

1088 Main St, Hope Valley, RI

This home is located at 1088 Main St, Hope Valley, RI 02832 and is currently priced at $568,000, approximately $109 per square foot. This property was built in 1900. 1088 Main St is a home located in Washington County with nearby schools including Chariho Regional Middle School and Chariho High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Delaine Wright
Listing Agent
Delaine Wright
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Coldwell Banker Coastal Homes
(401) 373-3893