For sale

Price cut: $50K (8/23)

$895,000

126 Main St, Warren, RI 02885

11beds

5,706sqft

$6,479/mo

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1920

-- sqft lot

$858,900 Zestimate^®

$157/sqft

$-- HOA

What's special

Laundry roomAdditional family roomCentral air

Warren, RI – 5-Unit Multi-Family Investment OpportunityExcellent opportunity to own a well-located 5-unit property consisting of two separate buildings near downtown Warren and the historic Water Street district. The front building offers three units, including a spacious owner’s unit with an additional family room, laundry room, and central air, plus two rental units. The rear building contains two additional units. Major improvements include an approximately 5-year-old roof on the front building and a 3-year-old roof on the rear building. Enjoy a 10-minute walk to downtown Warren’s restaurants, shops, waterfront, and the East Bay Bike Path, with bus service to Providence and Newport approximately 150 feet away. Solid rental history and a flexible setup make this an attractive opportunity for investors or owner-occupants seeking rental income.

86 days
227
14

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: $157/sqft
Tax assessed value: $922,200
Annual tax amount: $11,084
Date on market: 7/9/2026
Total actual rent: 3200

Estimated market value

$858,900

$816,000 - $902,000

$2,729/mo

Price history

Date	Event	Price
8/23/2026	Price change	$895,000-5.3%$157/sqft
Source: MLS PIN #73535581 Report a problem
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