Investment opportunity in desirable North Kingstown! This two-family property offers immediate rental income and significant upside potential for investors or owner-occupants looking to build equity. Featuring 4 total bedrooms, 2 full bathrooms, a full basement, and a large off-street parking area, the property is well-positioned to benefit from strong rental demand in the Quonset/Davisville corridor. Conveniently located near Quonset Business Park, Electric Boat, shopping, restaurants, beaches, and major commuter routes, this property offers easy access to Route 4 and all that South County has to offer.
For sale
$645,000
515 Davisville Rd, North Kingstown, RI 02852
4beds
1,232sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$524/sqft
$-- HOA
What's special
Large off-street parking areaFull basement
- 6 days |
- 454 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Alpern & Mesenbourg Group 401-324-9841,
Alpern and Mesenbourg
Source: StateWide MLS RI,MLS#: 1415787
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
- Flooring: Laminate
- Basement: Full,Interior and Exterior,Unfinished,Laundry
- Attic: Attic Storage
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,232
- Total interior livable area: 1,232 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 2
- Fencing: Fenced
Lot
- Size: 3,920 Square Feet
- Features: Corner Lot, Sidewalks
Details
- Parcel number: NKINM151B094
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Municipal
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Golf, Highway Access, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Swimming
- Subdivision: Davisville
HOA
- Has HOA: No
Location
- Region: North Kingstown
Financial & listing details
- Price per square foot: $524/sqft
- Tax assessed value: $315,400
- Annual tax amount: $3,482
- Date on market: 6/19/2026
- Total actual rent: 3850
- Tenant pays: Heat
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $645,000+183.5%$524/sqft |
Source: | ||
| 4/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/3/2024 | Listed for rent | $1,800-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/1/2024 | Price change | $1,875-1.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/28/2023 | Listed for rent | $1,900-8.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/27/2023 | Price change | $2,075-1.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2023 | Listed for rent | $2,100+12%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/12/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/24/2021 | Listed for rent | $1,875+5.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/30/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/29/2021 | Price change | $1,775+4.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/26/2021 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/27/2019 | Sold | $227,500-5.2%$185/sqft |
Source: | ||
| 9/19/2019 | Pending sale | $240,000$195/sqft |
Source: BHHS Pinnacle Realty #1234916 Report a problem | ||
| 9/11/2019 | Listed for sale | $240,000+2.6%$195/sqft |
Source: BHHS Pinnacle Realty #1234916 Report a problem | ||
| 9/6/2007 | Sold | $234,000+30%$190/sqft |
Source: Public Record Report a problem | ||
| 11/13/2003 | Sold | $180,000$146/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,482 +0.2% | $315,400 +30.2% |
| 2024 | $3,475 | $242,300 |
| 2023 | $3,475 +2% | $242,300 |
| 2022 | $3,407 +7.8% | $242,300 +34.2% |
| 2021 | $3,161 +2.4% | $180,600 |
| 2020 | $3,086 | $180,600 |
| 2019 | $3,086 +11% | $180,600 +24% |
| 2018 | $2,780 +2.7% | $145,600 |
| 2017 | $2,707 +2.9% | $145,600 |
| 2016 | $2,630 -0.9% | $145,600 +5.9% |
| 2015 | $2,654 +2.1% | $137,500 |
| 2014 | $2,600 +0.6% | $137,500 |
| 2013 | $2,585 -5.5% | $137,500 -12% |
| 2012 | $2,735 +1.4% | $156,200 |
| 2011 | $2,696 +2.4% | $156,200 |
| 2010 | $2,632 -13.2% | $156,200 -28.1% |
| 2009 | $3,033 +1% | $217,100 |
| 2008 | $3,002 +4% | $217,100 |
| 2007 | $2,887 +23.4% | $217,100 +37.8% |
| 2005 | $2,340 +3.3% | $157,600 |
| 2004 | $2,266 +39.7% | $157,600 +126.4% |
| 2003 | $1,622 | $69,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 02852
Nearby schools
GreatSchools rating
- 8/10Stony Lane Elementary SchoolGrades: K-5Distance: 1.6 mi
- 7/10Davisville Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10North Kingstown Senior High SchoolGrades: 9-12Distance: 4.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Rhode Island
- Washington County
- North Kingstown
- 02852
- 515 Davisville Rd







