Rare investment or owner-occupant opportunity in the heart of Bristol's vibrant, walkable downtown district! Located at 400 & 406 Thames Street, this unique property features two separate multi-family houses situated on a single lot, with each building containing two rental units. Whether you are looking for a lucrative addition to your real estate portfolio or an owner occupied property, this versatile compound delivers unmatched potential. Step out your front door and look directly across the street at the waterfront views and Independence Park. Walk or ride down the street to instantly hop onto the scenic East Bay Bike Path. Tenants and owners alike will love the exceptional day-to-day convenience, being just steps away from Bristol’s historic downtown boutique shopping, seaside cafes, and top-tier coastal restaurants.With steady rental demand driven by the downtown location and proximity to Roger Williams University, this multi-unit property is a cash-flowing powerhouse. Don't miss out on securing a significant piece of Bristol real estate right where everyone wants to live, work, and play!
For sale
Price cut: $195K (9/11)
$1,000,000
400-406 Thames St, Bristol, RI 02809
9beds
2,871sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
Waterfront viewsTwo separate multi-family houses
- 70 days
- 612
- 21
Zillow last checked:
Listing updated:
Listed by:
The Chris Woodard Team 401-640-3481,
Keller Williams Coastal
Source: StateWide MLS RI,MLS#: 1417378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Features
- Wall (Paneled), Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
- Basement: Full,Walk-Out Access,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,748
- Total interior livable area: 2,871 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 5,270 Square Feet
- Features: Sidewalks
Details
- Parcel number: 400406THAMESSTBRIS
- Zoning: W
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Paneled, Wood
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Individual Meter
- Water: Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Shopping
HOA
- Has HOA: No
Location
- Region: Bristol
Financial & listing details
- Price per square foot: $348/sqft
- Annual tax amount: $9,078
- Date on market: 7/16/2026
- Total actual rent: 700
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $1,000,000-16.3%$348/sqft |
Source:  StateWide MLS RI #1417378 Report a problem | ||
| 7/16/2026 | Listed for sale | $1,195,000$416/sqft |
Source: StateWide MLS RI #1417378 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02809
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