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  • $325,000

    590 Davisville Rd, North Kingstown, RI 02852

    2beds
    2,250sqft
    : 
    $2,160/mo
    Get pre-qualified
    Multi Family
    Built in 1740
    -- sqft lot
    $328,000 Zestimate®
    $144/sqft
    $-- HOA

    What's special

    Great lotGenerous lot
    An exciting opportunity awaits in a fantastic North Kingstown location! This mixed-use property offers incredible potential for investors, developers, and owner-operators looking to create something truly special. Situated on a great lot near Electric Boat, this property is ideally positioned to take advantage of the area's strong employment base and convenient access to local amenities and major roadways. The building has been taken down to the studs and is ready for your vision, offering a blank canvas to design and finish the space to suit your needs. The first floor offers mixed-use potential, creating an opportunity for commercial space, a business location, or another permitted use. Upstairs, the existing layout features a 2-bedroom, 1-bathroom residential unit, with the potential to explore converting the upper level into two separate residential units, subject to zoning, building code, and applicable approvals. With a desirable location, a generous lot, and multiple possibilities for the finished layout, this property presents a unique opportunity to add value and create a versatile income-producing asset. Whether you're envisioning a mixed-use investment, commercial and residential combination, or a redevelopment project, the possibilities are worth exploring. Bring your contractor, bring your ideas, and bring your vision to life! Properties with this kind of flexibility and potential are hard to come by.
    9 days
    892
    53

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Mandeville 401-787-3757,

    eXp Realty LLC

    Source: StateWide MLS RI,MLS#: 1427122MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Oil, Other
      Cooling
      • None
      Features
      • Flooring: Other
      • Basement: Full,Bulkhead,Unfinished,Storage Space,Utility
      • Has fireplace: No
      Interior area
      • Total structure area: 2,250
      • Total interior livable area: 2,250 sqft

      Property

      Parking
      • Parking features: No Garage
      Features
      • Stories: 2
      Lot
      • Size: 0.38 Acres
      Details
      • Parcel number: NKINM151B123

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Shingles
      • Foundation: Unknown
      Condition
      • New construction: No
      • Year built: 1740

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Utilities for property: 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
      • Subdivision: Davisville
      HOA
      • Has HOA: No
      Location
      • Region: North Kingstown

      Financial & listing details

      • Price per square foot: $144/sqft
      • Tax assessed value: $361,800
      • Annual tax amount: $3,994
      • Date on market: 10/28/2026
      • Inclusions: Building is a legal 2 unit. One unit is commercial on the first floor and the other is a residential unit on the second floor. Possibility of making 2 residential units on the second floor exists. Buyer to do due diligence. Current contractor can finish the project if the buyer prefers.
      • Total actual rent: 0

        Estimated market value

        $328,000

        $312,000 - $344,000

        $2,187/mo

        Price history

        DateEventPrice
        10/28/2026Listed for sale$325,000+62.5%$144/sqft
        Source: eXp Realty #1427122 Report a problem
        4/29/2026Sold$200,000-30.8%$89/sqft
        Source: StateWide MLS RI #1411246 Report a problem
        3/21/2025Listing removed$289,000$128/sqft
        Source: StateWide MLS RI #1369611 Report a problem
        2/24/2025Pending sale$289,000$128/sqft
        Source: StateWide MLS RI #1369611 Report a problem
        9/29/2024Price change$289,000-3.3%$128/sqft
        Source: StateWide MLS RI #1369611 Report a problem
        9/26/2024Listed for sale$299,000+360%$133/sqft
        Source: StateWide MLS RI #1369611 Report a problem
        1/16/1997Sold$65,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,994 -6.2%$361,800 +24.5%
        2024$4,258 $290,700
        2023$4,258 $290,700
        2022$4,258 $290,700 +19.5%
        2021$4,258 +2.4%$243,300
        2020$4,158 $243,300
        2019$4,158 +1.2%$243,300 +12.4%
        2018$4,107 +2%$216,500
        2017$4,025 +3.1%$216,500 +0.2%
        2016$3,903 -9.7%$216,100 -3.5%
        2015$4,323 -1.5%$224,000 -11.9%
        2011$4,389 +2.4%$254,300
        2010$4,285 +39%$254,300 +15.2%
        2009$3,083 +1%$220,700
        2008$3,052 +4%$220,700
        2007$2,935 -3.1%$220,700 +8.2%
        2005$3,029 +3.2%$204,000
        2004$2,934 -22.6%$204,000 +25.5%
        2003$3,790 $162,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 02852

        Getting around

        19 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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