Rare opportunity to own a versatile two-unit, up-and-down multifamily home in the heart of Jamestown. This centrally located property sits on a corner lot, just steps from Jamestown Village, local shops, and restaurants. Each unit features its own private entrance, separate electric panel and heating system, plus convenient in-unit laundry. Both units are currently vacant, giving the new owner flexibility—live in one and rent the other, or rent both for steady income. The first-floor unit offers two bedrooms, one bathroom, a spacious living room and sunroom, a full kitchen, and a dedicated laundry room. Upstairs, the second unit features four bedrooms or use one as an office, full kitchen, one full bathroom, and a bright living room. Large windows bring in plenty of natural light, and hardwood floors run throughout both units. Additional highlights include oil heat, town water and sewer, a private backyard, and a full basement perfect for storage. Tucked behind McQuades Market and next to Town Hall, this property combines convenience, practicality, and income potential—all in one ideal location.
Sold for $860,000
$860,000
1 Columbia Ave, Jamestown, RI 02835
6beds
2,516sqft
Multi Family
Built in 1918
-- sqft lot
$894,000 Zestimate®
$342/sqft
$3,509 Estimated rent
Home value
$894,000
$742,000 - $1.08M
$3,509/mo
Zestimate® history
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List your homeWhat's special
Private backyardDedicated laundry roomIn-unit laundryFull basementOil heatPrivate entranceHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Sheil Readyhough Team 401-932-6597,
Mott & Chace Sotheby's Intl.
Bought with:
Fitzpatrick Team
RE/MAX Results
Source: StateWide MLS RI,MLS#: 1382922
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Oil, Baseboard, Forced Water, Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Plumbing (Mixed), Insulation (Unknown)
- Flooring: Hardwood, Vinyl, Carpet
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,516
- Total interior livable area: 2,516 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Accessibility
- Accessibility features: Extra Wide Halls and Doors, Extra Wide Shower
Features
- Stories: 2
- Fencing: Fenced
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 6,403 Square Feet
- Features: Corner Lot
Details
- Parcel number: JAMEM9L110
- Zoning: R8
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1918
Utilities & green energy
- Electric: Circuit Breakers, Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Downtown / Village
HOA
- Has HOA: No
Location
- Region: Jamestown
Financial & listing details
- Price per square foot: $342/sqft
- Tax assessed value: $779,900
- Annual tax amount: $5,592
- Date on market: 5/14/2025
- Total actual rent: 4730
- Tenant pays: Heat
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,399 +4.8% | $779,900 +33.2% |
| 2024 | $4,199 +5.6% | $585,700 |
| 2023 | $3,977 | $585,700 |
| 2022 | $3,977 +4.5% | $585,700 +27.5% |
| 2021 | $3,804 +2.6% | $459,400 |
| 2020 | $3,707 +0.2% | $459,400 |
| 2019 | $3,698 -0.9% | $459,400 +9% |
| 2018 | $3,731 +2.2% | $421,600 |
| 2017 | $3,651 +0.9% | $421,600 |
| 2016 | $3,617 +21.6% | $421,600 +24.5% |
| 2015 | $2,974 +0.3% | $338,700 |
| 2014 | $2,964 | $338,700 |
| 2013 | $2,964 -2.5% | $338,700 +4.2% |
| 2012 | $3,039 +1.5% | $325,000 |
| 2011 | $2,993 +1.1% | $325,000 |
| 2010 | $2,961 -16.4% | $325,000 -25.6% |
| 2009 | $3,542 | $436,800 |
| 2008 | $3,542 +3.8% | $436,800 |
| 2007 | $3,411 +3.2% | $436,800 +20.1% |
| 2005 | $3,305 -15.1% | $363,610 +8.1% |
| 2004 | $3,893 +45.9% | $336,220 +75.1% |
| 2003 | $2,669 | $192,030 |
Find assessor info on the county website
Neighborhood: 02835
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Nearby schools
GreatSchools rating
- 9/10Jamestown School-LawnGrades: 5-8Distance: 0.3 mi
- 7/10Jamestown School-MelroseGrades: PK-4Distance: 0.5 mi
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Estimated market value
$894,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$894,000
- Rhode Island
- Newport County
- Jamestown
- 02835
- 1 Columbia Ave
