Excellent investment opportunity in Coventry, Rhode Island featuring a well-maintained 6-unit residential property with a desirable unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility to accommodate a variety of tenants. This property presents strong income potential in a sought-after and convenient location. Off-street parking adds valuable convenience for residents. Ideally situated with easy access to shopping, dining, and everyday amenities along the Washington Street corridor. Quick access to Route 117 and Interstate 95 allows for an easy commute to Warwick, Cranston, and Providence. Close to Centre of New England, Tiogue Lake, and the Washington Secondary Bike Path for added lifestyle appeal.
For sale
Price cut: $100K (8/5)
$800,000
505 Washington St, Coventry, RI 02816
10beds
3,685sqft
Multi Family
Built in 1850
-- sqft lot
$786,800 Zestimate®
$217/sqft
$-- HOA
What's special
Off-street parking
- 150 days |
- 250 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Seyboth 508-726-3492,
Century 21 Limitless
Source: StateWide MLS RI,MLS#: 1407049
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Flooring: Laminate, Other
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,222
- Total interior livable area: 3,685 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: No Garage
Lot
- Size: 7,840 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: Circuit Breakers
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Coventry
Financial & listing details
- Price per square foot: $217/sqft
- Annual tax amount: $6,869
- Date on market: 3/20/2026
- Total actual rent: 6100
Estimated market value
Zestimate®
$786,800
Estimated sales range
$747,000 - $826,000
Rent Zestimate®
$1,800/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $800,000-11.1%$217/sqft |
Source: | ||
| 6/30/2026 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 3/20/2026 | Listed for sale | $900,000$244/sqft |
Source: | ||
| 3/13/2026 | Listed for rent | $1,350+17.4% |
Source: Zillow Rentals Report a problem | ||
| 2/18/2026 | Listing removed | $1,150 |
Source: Zillow Rentals Report a problem | ||
| 2/11/2026 | Price change | $1,150-4.2% |
Source: Zillow Rentals Report a problem | ||
| 1/28/2026 | Price change | $1,200-4% |
Source: Zillow Rentals Report a problem | ||
| 12/9/2025 | Price change | $1,250-10.7% |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 4/19/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 4/17/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 02816
Nearby schools
GreatSchools rating
- 6/10Tiogue SchoolGrades: K-5Distance: 1.3 mi
- 6/10Alan Shawn Feinstein Middle School of CoventryGrades: 6-8Distance: 1 mi
- 3/10Coventry High SchoolGrades: 9-12Distance: 2.9 mi
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