For sale

$945,000

126 Main St, Warren, RI 02885

11beds

5,706sqft

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5+ Family - 5+ Units Up/Down

Built in 1920

-- sqft lot

$962,800 Zestimate^®

$166/sqft

$-- HOA

What's special

Spacious owner-occupied unit

Warren, RI – 5-Unit Multi-Family Investment Opportunity Well-located 5-unit property consisting of two separate buildings, just a short walk to downtown Warren and the historic Water Street district. Enjoy close proximity to popular restaurants, the East Bay Bike Path, and convenient public transportation—with a bus line to Providence and Newport only 150 feet from the property. The front building features three units, including a spacious owner-occupied unit along with two rental units. The rear building offers two additional units, providing a strong and flexible income setup. Tenants and owners alike will appreciate the easy 10-minute walk to downtown amenities, making this an attractive and highly rentable location. Property boasts a solid rental history, making it an excellent opportunity for both investors and owner-occupants.

12 days

308

7

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 5
Full bathrooms: 5

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 5,706
Total interior livable area: 5,706 sqft
Finished area above ground: 5,706

Property

Parking

Total spaces: 4
Parking features: Paved Drive
Uncovered spaces: 4

Features

Waterfront features: Bay, River

Lot

Size: 6,098 Square Feet
Features: Level

Details

Parcel number: 538550
Zoning: R-6

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame
Foundation: Concrete Perimeter, Stone
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Warren

Financial & listing details

Price per square foot: $166/sqft
Tax assessed value: $636,300
Annual tax amount: $9,475
Date on market: 6/13/2026
Total actual rent: 2950

Estimated market value

$962,800

$915,000 - $1.01M

$2,769/mo

Price history

Date	Event	Price
6/13/2026	Listed for sale	$945,000$166/sqft
Source: MLS PIN #73535581 Report a problem
4/17/2017	Listing removed	$900
Source: Re/Max Right Choice #72134199 Report a problem
3/24/2017	Price change	$900+24.1%
Source: Re/Max Right Choice #72134199 Report a problem
2/9/2017	Price change	$725-27.5%
Source: Re/Max Right Choice #72104962 Report a problem
2/7/2017	Listed for rent	$1,000
Source: RE/MAX RIGHT CHOICE #1142282 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,475 +3.1%	$636,300
2024	$9,188 +5.7%	$636,300
2023	$8,692 +10%	$636,300 +45.1%
2022	$7,899 +1.6%	$438,600
2021	$7,772 -10.1%	$438,600
2020	$8,644	$438,600 +62.3%
2019	$8,644 +70.1%	$270,300 +0.3%
2018	$5,083 +0.3%	$269,500
2017	$5,069 -0.6%	$269,500 +5.5%
2016	$5,100	$255,400
2015	$5,100 -0.5%	$255,400
2014	$5,126 +11.8%	$255,400 -5.1%
2012	$4,587 -0.8%	$269,200
2011	$4,625 +4%	$269,200
2010	$4,447 -9.5%	$269,200 -26.1%
2009	$4,914 +3%	$364,300
2008	$4,772 +12.3%	$364,300 +39.3%
2006	$4,251 +4.1%	$261,440
2005	$4,084	$261,440

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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