Located in desirable Warwick Neck, this well-maintained, legal three-family with a fully renovated carriage house is deceivingly spacious and offers strong investment opportunity. With 30 years of prideful ownership, the property reflects continuous care and updates over the years. The main house includes (two) two-bedroom units and (one) one-bedroom unit. Rents are below market value but with solid tenants in place. Key highlights include a new roof, separate utilities, a first-floor shared coin-op laundry room, and designated parking for each unit. The carriage house renovation was a labor of love completed with quality, attention, and care. The impressive space features an open two-story layout with an architectural staircase leading to a second-floor bedroom suite, as well as a kitchen with an island and a recreation room - well suited for an ADU, workspace, or an extension of the owner-occupied unit. The roof is young, and both buildings are fully electric. Set within a well-established coastal community, the property offers convenient access to Warwick Neck’s marinas, golf, local restaurants and coffee shops, Rocky Point walking trails, and shoreline recreation, making it a desirable location for both renting and owner-occupancy.
Sold for $640,000
$640,000
357 Warwick Neck Ave, Warwick, RI 02889
5beds
3,100sqft
Multi Family
Built in 1875
-- sqft lot
$651,500 Zestimate®
$206/sqft
$2,249 Estimated rent
Home value
$651,500
$586,000 - $723,000
$2,249/mo
Zestimate® history
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$3,394/mo
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List your homeWhat's special
Fully renovated carriage houseRecreation roomNew roofKitchen with an islandArchitectural staircaseOpen two-story layoutSecond-floor bedroom suite
Zillow last checked:
Listing updated:
Listed by:
Richard Cascella 401-524-0593,
Williams & Stuart Real Estate
Bought with:
Kevin Sokolowski, RES.0045061
HERE Realty
Source: StateWide MLS RI,MLS#: 1401432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Baseboard, Individual Control
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Oven/Range, Refrigerator, Washer
- Laundry: In Building
Features
- Wall (Plaster), Wall (Wood), Skylight, Plumbing (Copper), Plumbing (PEX), Plumbing (PVC), Insulation (Cap), Insulation (Ceiling), Insulation (Walls)
- Flooring: Hardwood, Vinyl, Carpet
- Windows: Insulated Windows, Storm Window(s), Skylight(s)
- Basement: Partial,Interior Entry,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,003
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 6
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio
- Waterfront features: Walk to Salt Water
Lot
- Size: 0.3 Acres
Details
- Additional structures: Barn(s)
- Parcel number: WARWM358B0074L0000
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Wood Wall(s), Clapboard, Wood
- Foundation: Brick/Mortar, Concrete Perimeter
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Electric: 100 Amp Service, Common Meter, Individual Meter
- Sewer: Assessment to Buyer, Public Sewer
- Water: Common Meter, Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Commuter Bus, Golf, Marina, Private School, Public School, Recreational Facilities, Clubhouse
- Subdivision: Warwick Neck
HOA
- Has HOA: No
Location
- Region: Warwick
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $499,300
- Annual tax amount: $7,691
- Date on market: 12/10/2025
- Inclusions: Seller will be completing a 1031 Tax-Deferred Exchange; buyer cooperation is requested at no cost or impact to the buyer.
- Total actual rent: 3300
- Tenant pays: Heat
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $640,000-14.7%$206/sqft |
Source:  StateWide MLS RI #1401432 Report a problem | ||
| 2/2/2026 | Contingent | $750,000$242/sqft |
Source: StateWide MLS RI #1401432 Report a problem | ||
| 12/10/2025 | Listed for sale | $750,000+0.1%$242/sqft |
Source: StateWide MLS RI #1401432 Report a problem | ||
| 7/19/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/3/2024 | Listed for sale | $749,000$242/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,225 | $499,300 |
| 2024 | $7,225 +11.3% | $499,300 +9.1% |
| 2023 | $6,492 +5.3% | $457,500 +38.9% |
| 2022 | $6,168 | $329,300 |
| 2021 | $6,168 | $329,300 |
| 2020 | $6,168 | $329,300 |
| 2019 | $6,168 +19.9% | $329,300 +33.2% |
| 2018 | $5,144 +2.8% | $247,300 |
| 2017 | $5,005 | $247,300 |
| 2016 | $5,005 +1% | $247,300 +3.5% |
| 2015 | $4,957 +3.4% | $238,900 |
| 2014 | $4,792 +1.4% | $238,900 |
| 2013 | $4,728 +2.8% | $238,900 -8.1% |
| 2011 | $4,598 +1.2% | $259,900 |
| 2010 | $4,543 -0.1% | $259,900 -19.2% |
| 2009 | $4,547 +5.4% | $321,600 |
| 2008 | $4,313 +17.3% | $321,600 +35.2% |
| 2007 | $3,676 | $237,800 |
| 2006 | $3,676 +4.4% | $237,800 |
| 2004 | $3,522 -1.5% | $237,800 +85.2% |
| 2003 | $3,574 | $128,420 |
Find assessor info on the county website
Neighborhood: 02889
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Nearby schools
GreatSchools rating
- 4/10Warwick Neck SchoolGrades: K-5Distance: 0.4 mi
- 5/10Warwick Veterans Jr. High SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Pilgrim High SchoolGrades: 9-12Distance: 4 mi
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Estimated market value
$651,500
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Estimated market value
$651,500
- Rhode Island
- Kent County
- Warwick
- 02889
- 357 Warwick Neck Ave
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