$649,900

122 Market St Warren, RI 02885

Downtown Warren Neighborhood

Estimated payment $3,893/month

Total Views 337
6 Beds
3 Baths
3,222 Sq Ft
$202 Price per Sq Ft

Highlights

  • Marina
  • 0.45 Acre Lot
  • Attic
  • Golf Course Community
  • Marble Flooring
  • 1-minute walk to Jamiel Park

About This Home

Rare Mixed-Use Opportunity in the Heart of Downtown Warren! This spacious and versatile three-family home is a prime investment or owner-occupant opportunity, offering over 3,000 square feet of living space across three generously sized units (each 1,000+ sqft). Zoned for business, the property provides exceptional flexibility: live in one unit, lease the others, or explore commercial possibilities in one of the East Bay's most vibrant coastal communities. Set on nearly half an acre, the lot includes abundant off-street parking and offers exciting potential for subdivision, subject to town approval, an ideal value-add for investors or developers. Each unit has separately metered utilities (excluding water) and its own private laundry. Please note: the home does need some TLC. Interior photos shown were taken prior to tenant occupancy. Enjoy unbeatable walkability to Warren's thriving restaurant scene, boutique shops, and scenic waterfront. Whether you're looking to generate steady rental income, launch a business, or live onsite while leveraging the other units, this is a unique opportunity with long-term upside.

Listing Agent

Tiffany Sousa

William Raveis Inspire License #RES.0034234 Listed on: 08/17/2025

William Raveis Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 1920

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 3,222 Sq Ft Home
  • 3-Story Property
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 0.45 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 122MARKETSTWARN

Community Details

Overview

  • 3 Units
  • Downtown Warren Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • Inclusions: Buyer and buyer’s agent to conduct all due diligence.
  • Subdivision Name: Downtown Warren
  • Above Grade Finished Sq Ft: 3222.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Tub Shower
  • Stories: 3

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Aluminum Siding, Brick

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 122MARKETSTWARN
  • Zoning: B

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5328.0
  • Tax Lot: 7
  • Tax Map Number: 9
  • 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 $5,167 $357,800 $96,000 $261,800
2023 $4,888 $357,800 $96,000 $261,800
2022 $4,436 $246,300 $89,100 $157,200
2021 $4,364 $246,300 $89,100 $157,200
2020 $4,276 $246,300 $89,100 $157,200
2019 $3,721 $194,700 $58,100 $136,600
2018 $3,672 $194,700 $58,100 $136,600
2017 $3,662 $194,700 $58,100 $136,600
2016 $3,890 $194,800 $57,200 $137,600
2015 $3,890 $194,800 $57,200 $137,600
2014 $3,910 $194,800 $57,200 $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 For Sale $649,900 -- $202 / Sq Ft
Source: State-Wide MLS

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    • 2 Baths
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Source: State-Wide MLS

MLS Number: 1392828

State-Wide MLS

APN: WARR-000009-000000-000007

Rhode Island Bristol County Warren 02885 Downtown Warren

122 Market St, Warren, RI

This home is located at 122 Market St, Warren, RI 02885 and is currently priced at $649,900, approximately $201 per square foot. This property was built in 1920. 122 Market St is a home located in Bristol County with nearby schools including Mt. Hope High School, Highlander Charter Middle and High School, and East Bay Career Academy.

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Listing Agent
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William Raveis Inspire