Rare opportunity! Two single-family homes on one lot offering exceptional flexibility and income potential. Live in one home and rent the other, or add a unique property to your investment portfolio. Located within walking distance to Rocky Point, this well-maintained property features a spacious yard, multiple updates throughout, and privacy between both homes. One residence offers an oversized primary bedroom with double closets, sliders to a private deck, a mini-split system, central A/C and heat, and 1.5 bathrooms. Whether you're looking to offset your mortgage with rental income or expand your real estate portfolio, this is an opportunity you won't want to miss!
For sale
$549,999
283 Palmer Avenue, Warwick, RI 02889
4beds
2,072sqft
Multi Family
Built in 1925
-- sqft lot
$545,400 Zestimate®
$265/sqft
$-- HOA
What's special
Spacious yardPrivacy between both homesOversized primary bedroomDouble closetsMini-split system
- 3 days |
- 424 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Maria Santos,
eXp Realty
Source: eXp Realty,MLS#: 1417057Originating MLS: Rhode Island State Wide Mls
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Gas, Steam, Coal, Stove
Cooling
- Ductless
Appliances
- Included: Water Heater
- Laundry: In Unit
Features
- Tub Shower
- Flooring: Laminate
- Basement: Full, Interior Entry, Unfinished
- Number of fireplaces: 1
- Fireplace features: Insert, Wood Burning
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
- Finished area above ground: 2,072
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: No Garage
- Garage spaces: 6
Features
- On waterfront: Yes
- Waterfront features: Beach Access, Walk To Water
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 283285PALMERAVWARW
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Side By Side
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: See Remarks
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Golf, Marina, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping
Location
- Region: Warwick
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $462,100
- Annual tax amount: $5,869
- Date on market: 7/6/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
$545,400
$518,000 - $573,000
$2,172/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $549,999-3.5%$265/sqft |
Source: eXp Realty #1417057 Report a problem | ||
| 7/1/2026 | Listing removed | $569,999$275/sqft |
Source: eXp Realty #1404330 Report a problem | ||
| 6/12/2026 | Price change | $569,999-0.7%$275/sqft |
Source: eXp Realty #1404330 Report a problem | ||
| 5/2/2026 | Price change | $573,999-0.2%$277/sqft |
Source: eXp Realty #1404330 Report a problem | ||
| 2/4/2026 | Listed for sale | $574,999+784.6%$278/sqft |
Source: eXp Realty #1404330 Report a problem | ||
| 3/14/1997 | Sold | $65,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,402 | $304,200 |
| 2024 | $4,402 +2% | $304,200 |
| 2023 | $4,317 +27% | $304,200 +67.7% |
| 2022 | $3,398 | $181,400 |
| 2021 | $3,398 | $181,400 |
| 2020 | $3,398 | $181,400 |
| 2019 | $3,398 -3.3% | $181,400 +7.4% |
| 2018 | $3,513 +2.7% | $168,900 |
| 2017 | $3,419 | $168,900 |
| 2016 | $3,419 -3.1% | $168,900 -0.7% |
| 2015 | $3,530 +3.5% | $170,100 |
| 2014 | $3,412 +1.4% | $170,100 |
| 2013 | $3,366 +0.3% | $170,100 -10.3% |
| 2011 | $3,356 +1.2% | $189,700 |
| 2010 | $3,316 +5.9% | $189,700 -14.4% |
| 2009 | $3,132 +5.5% | $221,500 |
| 2008 | $2,970 +38.3% | $221,500 +59.5% |
| 2007 | $2,147 | $138,900 |
| 2006 | $2,147 +4.9% | $138,900 +0.5% |
| 2004 | $2,047 +7.9% | $138,200 +102.7% |
| 2003 | $1,897 | $68,180 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 02889
Nearby schools
GreatSchools rating
- 4/10Warwick Neck SchoolGrades: K-5Distance: 0.4 mi
- 5/10Warwick Veterans Jr. High SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Pilgrim High SchoolGrades: 9-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Rhode Island
- Kent County
- Warwick
- 02889
- 283 Palmer Avenue
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