403 Commonwealth Ave Warwick, RI 02886
Bald Hill NeighborhoodEstimated payment $4,796/month
About This Home
Incredible multi-family opportunity in Warwick, RI featuring two buildings on one lot one multi-family and one single-family residence. All units are currently occupied, with tenants paying their own utilities, offering immediate income potential and strong investment appeal. The units are modern and updated, featuring stainless steel appliances and attractive finishes throughout. Additional living space in finished basement provided extra rental income. Off-street parking provides added convenience for residents. Located in a well-established residential area of Warwick, this property offers easy access to everyday amenities. Just minutes to TF Green International Airport, ideal for commuters and travelers. Close to I-95, Route 37, and Route 2 for convenient access to Providence and South County. Near Warwick Mall and the Route 2 retail corridor, plus a short drive to the waterfront and Narragansett Bay. Convenient to Kent Hospital, parks, schools, and community services making this a prime investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,117
Year Built
- Built in 1865
Lot Details
- 1.1 Acre Lot
Home Design
- Vinyl Siding
Interior Spaces
- 5,232 Sq Ft Home
- Laminate Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 8 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Tax Lot 007
- Assessor Parcel Number 403405COMMONWEALTHAVWARW
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $7,117 | $560,400 | $150,200 | $410,200 |
| 2024 | $6,935 | $479,300 | $124,400 | $354,900 |
| 2023 | $7,409 | $522,100 | $124,400 | $397,700 |
| 2022 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2021 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2020 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2019 | $7,325 | $391,100 | $92,300 | $298,800 |
| 2018 | $5,760 | $279,000 | $83,800 | $195,200 |
| 2017 | $5,647 | $279,000 | $83,800 | $195,200 |
| 2016 | $5,647 | $279,000 | $83,800 | $195,200 |
| 2015 | $5,787 | $278,900 | $90,400 | $188,500 |
| 2014 | $5,595 | $278,900 | $90,400 | $188,500 |
| 2013 | $5,519 | $278,900 | $90,400 | $188,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $799,000 | +99.8% | $153 / Sq Ft | |
| 11/04/2022 11/04/22 | Sold | $400,000 | -33.3% | $64 / Sq Ft | View Prior Sale |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- | |
| 06/13/2021 06/13/21 | For Sale | $599,900 | -- | $97 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1406672
APN: WARW 26000070000
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.
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.
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.
- 237 Commonwealth Ave
- 11 College Hill Rd Unit 5B
- 52 Jambray Ave
- 9 Odonnell Ave
- 8 Carr's Ln
- 567 Providence St
- 9 Carr's Ln
- 479 Providence St Unit C4
- 7 Carr's Ln
- 5 Carr's Ln
- 12 W Valley Cir
- 139 Lancaster Ave
- 61 Lafayette St
- 36 Great Oak Dr
- 27 Great Oak Dr
- 0 Centerville Rd
- 12 Railroad Row
- 839 Greenwich Ave
- 58 River St Unit 41
- 351 New London Ave Unit 408
- 588 Centerville Rd
- 476 Providence St Unit 1
- 303 Greenwich Ave
- 126 Toll Gate Rd
- 42 Cedar Pond Dr
- 45 Sheldon St Unit Right/lower
- 517 Country View Dr
- 855 Providence St
- 245 W Natick Rd
- 334 Knight St
- 47 Tanglewood Dr
- 35 Old Carriage Rd
- 42 Lockwood St Unit 42 Lockwood Street
- 268 Metro Center Blvd
- 3595 Post Rd
- 33 Factory St
- 141 Edaville Ct
- 58 Spooner Ave
- 8 Quaker Dr
- 293 Cowesett Ave Unit 2
Ask me questions while you tour the home.