A rare investment opportunity in Westerly. This well-maintained duplex—cherished by the same family for nearly three decades—sits on a full acre of beautifully manicured lawn with mature trees and room to expand. This property meets the requirements for an ADU and still holds significant potential. Buyer to verify. Each unit offers 3 bedrooms, 1 bathroom, and a versatile bonus room ideal for storage, a home office, or a creative space. The entire property has just been freshly painted, setting the stage for your vision. With a bit of added TLC, the potential here is exceptional. Rent both units for strong cash flow, or live in one and Airbnb/VRBO the other to significantly offset your mortgage. Current three-bedroom rentals in Westerly commonly exceed $2,000 per month, making this a high-demand, high-return opportunity. A two-car garage and two additional sheds provide abundant storage. The location is unbeatable—just a short walk to downtown Westerly, Westerly High School, restaurants, shops, and community amenities, and only a 10-minute drive to the beach. Convenience meets coastal living. Whether you're an investor seeking reliable rental income or a homeowner looking for flexibility and long-term value, this spacious, well-cared-for multifamily property stands out in today’s market. Opportunities like this don’t come around often.
For sale
$625,000
36 Ledward Ave, Westerly, RI 02891
6beds
2,234sqft
Multi Family
Built in 1860
-- sqft lot
$606,100 Zestimate®
$280/sqft
$-- HOA
What's special
Two-car garageWell-maintained duplexFreshly paintedMature trees
- 19 days |
- 2,077 |
- 94 |
Zillow last checked:
Listing updated:
Listed by:
Alpern & Mesenbourg Group 401-324-9841,
Alpern and Mesenbourg
Source: StateWide MLS RI,MLS#: 1414812
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub
Heating
- Oil, Baseboard, Zoned
Cooling
- None
Appliances
- Included: Exhaust Fan, Oven/Range, Refrigerator
- Laundry: In Unit
Features
- Wall (Plaster), Plumbing (Copper), Ceiling Fan(s)
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Basement: Full,Interior and Exterior,Unfinished,Utility
- Has fireplace: No
Interior area
- Total structure area: 2,234
- Total interior livable area: 2,234 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Detached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.97 Acres
Details
- Additional structures: Outbuilding
- Parcel number: WESTM68B69
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Vinyl Siding
- Foundation: Stone
Condition
- New construction: No
- Year built: 1860
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Commuter Bus, Highway Access, Hospital, Public School, Restaurants, Schools, Near Swimming
HOA
- Has HOA: No
Location
- Region: Westerly
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $432,100
- Annual tax amount: $3,388
- Date on market: 6/8/2026
- Total actual rent: 0
Estimated market value
$606,100
$576,000 - $636,000
$2,525/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $625,000-3.7%$280/sqft |
Source: | ||
| 6/8/2026 | Listing removed | $649,000$291/sqft |
Source: | ||
| 5/19/2026 | Listed for sale | $649,000+476.9%$291/sqft |
Source: | ||
| 11/19/1996 | Sold | $112,500$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,362 +6.6% | $432,100 +43.2% |
| 2024 | $3,153 +3.5% | $301,700 |
| 2023 | $3,047 | $301,700 |
| 2022 | $3,047 -5.1% | $301,700 +13.3% |
| 2021 | $3,210 +1.8% | $266,200 |
| 2020 | $3,154 +0.9% | $266,200 |
| 2019 | $3,125 +2.3% | $266,200 +7.6% |
| 2018 | $3,055 +2.9% | $247,400 |
| 2017 | $2,969 | $247,400 |
| 2016 | $2,969 +4.4% | $247,400 -2.3% |
| 2015 | $2,845 +1.6% | $253,300 |
| 2014 | $2,799 +1.4% | $253,300 |
| 2013 | $2,761 +6.2% | $253,300 -1.6% |
| 2012 | $2,601 +1% | $257,300 |
| 2011 | $2,576 +3.2% | $257,300 |
| 2010 | $2,496 -7.2% | $257,300 -15.2% |
| 2009 | $2,690 | $303,300 |
| 2008 | $2,690 +3.1% | $303,300 |
| 2007 | $2,608 +14.6% | $303,300 +42.8% |
| 2006 | $2,275 +4.2% | $212,400 +0.2% |
| 2005 | $2,183 -2.2% | $211,900 +45.7% |
| 2003 | $2,232 | $145,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 02891
Nearby schools
GreatSchools rating
- 9/10State Street SchoolGrades: K-4Distance: 0.7 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 2.3 mi
- 7/10Westerly High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Rhode Island
- Washington County
- Westerly
- 02891
- 36 Ledward Ave







