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Richmond, RI Multifamily Home for Sale

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    $429,000

    • 4 Beds
    • 3 Baths
    • 1,618 Sq Ft

    8 Aldrich St, Hopkinton, RI 02898

    Great 2-3 unit property with a ton of land and possible buildable lot. Great for investment or owner occupied. Rents are way under current market value. All separate heating and electric systems.

    Anthony Barbieri Great Move Realty

    8 Aldrich St, Hopkinton, RI 02898

Why Live in Richmond

Richmond, Rhode Island, is a rural New England town characterized by dense woods and expansive fields, ideal for outdoor enthusiasts who enjoy hiking and fishing. The town's architecture and plant life maintain a distinct Rhode Island charm, with homes featuring bungalows and clapboard siding, often bordered by picket fences or stone walls. Richmond offers a range of home styles, from three-bedroom ranch-style houses to larger farmhouses and colonial-style homes, with luxury properties available within The Preserve Sporting Club & Residencies. This 3,500-acre area provides amenities such as hunting, fishing, horseback riding, tennis courts, a pool, a spa, and a fitness center. The Chariho Regional School District serves Richmond, with Richmond Elementary School and Chariho Middle School both receiving high ratings. Local features include the Black Farm State Management Area, which spans nearly 250 acres and offers scenic trails, fishing at Plain Pond, and birdwatching opportunities. Golfers can enjoy five courses within the town's boundaries, including Richmond Country Club and Pinecrest Golf Course. The annual Washington County Fair in August celebrates the county’s rural heritage with country music, rides, food vendors, and local crafts. For daily needs, residents can shop at Richmond Market, a local grocery store, or visit the nearby shopping center with a Stop & Shop, Dunkin’, McDonald’s, Starbucks, and Walgreens. Richmond is approximately a 20-minute drive from the ocean and about 30 miles from Providence via U.S. Interstate 95.

Home Trends in Richmond, RI

Housing Trends

Median Sale Price
$425,000
Median Single Family Sale Price
$439,950
Median Townhouse Sale Price
$349,900
Median 2 Bedroom Sale Price
$569,900
Median 1 Bedroom Sale Price
$800,000
Average Price Per Sq Ft
$468
Number of Homes for Sale
21
Last 12 months Home Sales
29
Months of Supply
8.70
Median List Price
$549,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%
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