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Sold for $649,000
  • $649,000

    5 Shippen Ave, Warwick, RI 02888

    4beds
    2,356sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $671,100 Zestimate®
    $275/sqft
    $2,451 Estimated rent

    Home value

    $671,100

    $604,000 - $745,000

    $2,451/mo

    Zestimate® history
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    $2,451/mo

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    $3,441/mo

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    $3,441/mo

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    What's special

    Welcome to this unique two-family home nestled in the highly sought-after Governor Francis neighborhood. This property presents a remarkable opportunity for either a homeowner looking to occupy one unit while generating income from the second, or for an investor to lease both residences. Each unit in this updated duplex has been thoughtfully designed to provide comfortable living spaces. Both units feature: an eat-in kitchen, a spacious bathroom, a flexible living area, a generously sized primary bedroom, and a comfortable secondary room. Situated on a corner lot, the property boasts a fully fenced-in yard, providing privacy and security. The convenience of a two-car garage adds significant value, offering off-street parking and additional storage solutions. Discover the potential of this incredible property. Call for a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Flanders,

    Envious Properties LLC

    Bought with:

    Juli McIntosh, RES.0044817

    RE/MAX ADVANTAGE GROUP

    Source: StateWide MLS RI,MLS#: 1402459MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub
    Heating
    • Natural Gas, Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
    • Doors: Storm Door(s)
    • Basement: Partial,Interior and Exterior,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,149
    • Total interior livable area: 2,356 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 2
    • Fencing: Fenced
    Lot
    • Size: 10,018 sqft
    Details
    • Parcel number: WARWM307B0013L0000
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Assessment to Buyer, Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Highway Access, Public School
    Location
    • Region: Warwick
    • Subdivision: Governor Francis

    HOA & financial

    Other financial information
    • Total actual rent: 4300

    Price history

    DateEventPrice
    6/4/2026Listing removed$2,500$1/sqft
    Source: StateWide MLS RI #1412035 Report a problem
    5/8/2026Listed for rent$2,500$1/sqft
    Source: StateWide MLS RI #1412035 Report a problem
    3/24/2026Listing removed$2,500$1/sqft
    Source: StateWide MLS RI #1406937 Report a problem
    3/20/2026Listed for rent$2,500$1/sqft
    Source: StateWide MLS RI #1406937 Report a problem
    2/12/2026Sold$649,000$275/sqft
    Source: StateWide MLS RI #1402459 Report a problem
    1/14/2026Pending sale$649,000$275/sqft
    Source: StateWide MLS RI #1402459 Report a problem
    1/5/2026Listed for sale$649,000+68.6%$275/sqft
    Source: StateWide MLS RI #1402459 Report a problem
    7/10/2020Sold$385,000-6.1%$163/sqft
    Source: StateWide MLS RI #1252271 Report a problem
    5/1/2020Listed for sale$409,900$174/sqft
    Source: REAL ESTATE ONE #1252271 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,923 $409,300
    2024$5,923 +2%$409,300
    2023$5,808 +7.3%$409,300 +41.7%
    2022$5,411 $288,900
    2021$5,411 $288,900
    2020$5,411 $288,900
    2019$5,411 +22.1%$288,900 +35.6%
    2018$4,430 +2.8%$213,000
    2017$4,311 $213,000
    2016$4,311 +8.9%$213,000 +11.7%
    2015$3,957 +3.5%$190,700
    2014$3,825 +1.4%$190,700
    2013$3,774 -5.4%$190,700 -15.5%
    2011$3,991 +1.2%$225,600
    2010$3,943 -0.7%$225,600 -19.7%
    2009$3,972 +5.4%$280,900
    2008$3,767 +7.1%$280,900 +23.5%
    2007$3,516 $227,400
    2006$3,516 +4.4%$227,400
    2004$3,368 +7%$227,400 +101%
    2003$3,148 $113,130

    Find assessor info on the county website

    Neighborhood: 02888

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $671,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $671,100