For sale

$860,000

50 Bills Rd, Kingston, RI 02881

4beds

1,431sqft

N/A

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$807,200 Zestimate^®

$601/sqft

$-- HOA

What's special

New drivewayNew hot water heaterAmple parkingNew roofOutdoor space

An absolutely unique property at the heart of URI, steps from the main campus. The property consists of 2 buildings with 6 separate apartments, ample parking and outdoor space. An amazing opportunity for an investor with gross income of $68,000 in 2025 and potential for further in the future. The property has a new roof, a new driveway, a new hot water heater and is fully rented with varying lease dates. Being sold as an LLC.

10 days
504
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Bathroom

Features: Bath w Shower Stall

Heating

Electric, Baseboard

Cooling

None

Appliances

Included: Refrigerator, Electric Water Heater
Laundry: Off Site

Features

Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Flooring: Laminate
Basement: None,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,013
Total interior livable area: 1,431 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage

Accessibility

Accessibility features: One Level

Features

Stories: 2

Lot

Size: 0.32 Acres

Details

Parcel number: SKINP0232L000036
Zoning: R-10

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Clapboard, Masonry, Vinyl Siding, Wood
Foundation: Concrete Perimeter, Slab, Stone

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service, Individual Meter
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Uri-Kingston

HOA

Has HOA: No

Location

Region: Kingston

Financial & listing details

Price per square foot: $601/sqft
Tax assessed value: $459,800
Annual tax amount: $4,111
Date on market: 9/15/2026
Total actual rent: 3950
Tenant pays: Heat

Estimated market value

$807,200

$767,000 - $848,000

$1,968/mo

Price history

Date	Event	Price
9/15/2026	Listed for sale	$860,000+161.4%$601/sqft
Source: StateWide MLS RI #1423451 Report a problem
2/5/2012	Listing removed	$329,000$230/sqft
Source: Real Living #1008320 Report a problem
1/13/2012	Listed for sale	$329,000-3.2%$230/sqft
Source: Randall REALTORS GMAC #1008320 Report a problem
12/11/2011	Listing removed	$339,900$238/sqft
Source: Real Living #989069 Report a problem
6/10/2011	Price change	$339,900-2.9%$238/sqft
Source: Real Living #989069 Report a problem
5/17/2011	Price change	$349,900-12.5%$245/sqft
Source: Real Living #989069 Report a problem
4/10/2011	Listed for sale	$399,999-14.9%$280/sqft
Source: Randall REALTORS GMAC #989069 Report a problem
5/23/2005	Sold	$470,000$328/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,111 -9%	$459,800 +12.5%
2024	$4,517 +0.9%	$408,800
2023	$4,476	$408,800
2022	$4,476 -0.7%	$408,800 +31.1%
2021	$4,507	$311,900
2020	$4,507	$311,900
2019	$4,507 +8%	$311,900 +17.2%
2018	$4,172 +2.4%	$266,100
2017	$4,074 +1.5%	$266,100
2016	$4,015 -1.1%	$266,100 +1.8%
2015	$4,058 +0.2%	$261,500
2014	$4,048 +0.1%	$261,500
2013	$4,045 -1.1%	$261,500 -7.3%
2012	$4,090 -0.1%	$282,100
2011	$4,093 +2.2%	$282,100
2010	$4,003 -4.2%	$282,100 -18.4%
2009	$4,180 +1%	$345,700
2008	$4,138 +1.9%	$345,700 -2%
2007	$4,061 +3.3%	$352,800 +17.8%
2005	$3,931 +52.7%	$299,400 +131.6%
2003	$2,574	$129,300