Ryan Traynor
REMAX Revolution
(401) 425-0414
81 Total Sales
1 in Downtown Warren
$512,000 Price
122 Market St Warren, RI 02885
Downtown Warren NeighborhoodEstimated Value: $500,000 - $564,000
6
Beds
3
Baths
3,222
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- Marina
- 0.45 Acre Lot
- Attic
- Golf Course Community
- Marble Flooring
- 1-minute walk to Jamiel Park
About This Home
As of November 2025Rare 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. This multi-family is ready for its next chapter - seller welcomes offers.
Last Agent to Sell the Property
William Raveis Inspire License #RES.0034234 Listed on: 08/17/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,328
Year Built
- Built in 1920
Lot Details
- 0.45
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
- 19,602 Sq Ft 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2025
Closed on
Oct 29, 2025
Sold by
Humberto M M and Humberto M
Bought by
Seller's Agent
Tiffany Sousa
William Raveis Inspire
Buyer's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
List Price
$649,900
Sold Price
$520,000
Premium/Discount to List
-$129,900
-19.99%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,462
Avg. Annual Appreciation
3.96%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Warren, RI
-
Ryan Traynor
-
Kimberly Marion
Kimberly Marion
Engel & Volkers Oceanside
(401) 652-6367
133 Total Sales
2 in Downtown Warren
$495K - $525K Price Range
-
Cindy Ferry
Cindy Ferry
Keller Williams South Watuppa
114 Total Sales
1 in Downtown Warren
$440,000 Price
-
James Duffer
James Duffer
RISE REC
(401) 681-8732
167 Total Sales
1 in Downtown Warren
$380,000 Price
-
Matthew Antonio
Matthew Antonio
Corcoran Chart House Realty
(401) 425-3054
111 Total Sales
5 in Downtown Warren
$466K - $1.2M Price Range
-
Renee Moussally
Renee Moussally
Coldwell Banker Realty
(401) 208-2623
125 Total Sales
1 in Downtown Warren
$530,100 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $520,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Sold | $520,000 | -5.3% | $161 / Sq Ft |
| 10/11/2025 10/11/25 | Pending | -- | -- | -- |
| 09/15/2025 09/15/25 | Price Changed | $549,000 | -8.5% | $170 / Sq Ft |
| 09/03/2025 09/03/25 | Price Changed | $599,900 | -7.7% | $186 / Sq Ft |
| 08/17/2025 08/17/25 | For Sale | $649,900 | -- | $202 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,328 | $357,800 | $96,000 | $261,800 |
| 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
Agents Affiliated with this Home
-
Tiffany Sousa
TS
Seller's Agent in 2025
Tiffany Sousa
William Raveis Inspire
(401) 286-6159
3 in this area
26 Total Sales
-
Spectrum Real Estate Consultants T
Buyer's Agent in 2025
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
(401) 333-4900
2 in this area
321 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1392828
APN: WARR-000009-000000-000007
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