Pending

$625,300

78 Pleasant St, Westerly, RI 02891

8beds

3,127sqft

$3,991/mo

Get pre-qualified

Multi Family

Built in 1890

-- sqft lot

$618,300 Zestimate^®

$200/sqft

$-- HOA

What's special

Large backyardGenerous parking areaFlexible living arrangements

Investors Take Notice! This three-unit multifamily property presents an excellent opportunity for investors, owner-occupants, or those looking to add a strong income-producing property to their portfolio. Offering 8 bedrooms and 3 baths, the property provides flexible living arrangements and desirable rental potential. Ideally located within walking distance of Downtown Westerly, with its restaurants, shops, and amenities, while the beautiful beaches of Westerly and Misquamicut are just a short drive away. The property also features a large backyard and generous parking area, valuable amenities for both tenants and owners. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income, or capitalize on Westerly's sought-after coastal location, this property offers an opportunity worth exploring. Convenient location, multiple units, ample parking, and proximity to downtown and the beach make this a compelling investment opportunity.

39 days
318
8

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Gas Connected

Cooling

Other

Appliances

Included: Gas Water Heater
Laundry: In Building, In Unit

Features

Wall (Plaster), Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Flooring: Hardwood, Vinyl
Basement: Crawl Space,Bulkhead,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 6,709
Total interior livable area: 3,127 sqft

Property

Parking

Total spaces: 6
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Lot

Size: 0.28 Acres
Features: Sidewalks

Details

Foundation area: 1848
Parcel number: WESTM46B36
Zoning: R6

Construction

Type & style

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

Materials

Plaster, Aluminum Siding
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1890

Utilities & green energy

Electric: Circuit Breakers
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: Northend

HOA

Has HOA: No

Location

Region: Westerly

Financial & listing details

Price per square foot: $200/sqft
Tax assessed value: $452,000
Annual tax amount: $3,517
Date on market: 8/20/2026
Total actual rent: 3525
Tenant pays: Heat

Estimated market value

$618,300

$587,000 - $649,000

$2,447/mo

Price history

Date	Event	Price
9/1/2026	Pending sale	$625,300$200/sqft
Source: StateWide MLS RI #1420740 Report a problem
8/20/2026	Listed for sale	$625,300$200/sqft
Source: StateWide MLS RI #1420740 Report a problem
1/20/2015	Listing removed	$950
Source: Weichert Realtors** #1084976 Report a problem
10/12/2014	Listed for rent	$950
Source: Weichert, Realtors Suburban #1081080 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,517 +9.7%	$452,000 +47.4%
2024	$3,205 +3.5%	$306,700
2023	$3,098	$306,700
2022	$3,098 +16.6%	$306,700 +39.2%
2021	$2,658 +1.8%	$220,400
2020	$2,612 +1%	$220,400
2019	$2,587 +5.9%	$220,400 +11.4%
2018	$2,443 +2.9%	$197,800
2017	$2,374	$197,800
2016	$2,374 -2.9%	$197,800 -9.1%
2015	$2,445 +1.6%	$217,700
2014	$2,406 +1.4%	$217,700
2013	$2,373 +0.9%	$217,700 -6.4%
2012	$2,352 +1%	$232,600
2011	$2,328 +3.2%	$232,600
2010	$2,256 -10.5%	$232,600 -18.1%
2009	$2,520	$284,100
2008	$2,520 +3.2%	$284,100
2007	$2,443 +24.7%	$284,100 +55.3%
2006	$1,959 +4.6%	$182,900 +0.6%
2005	$1,873 +6.7%	$181,800 +58.9%
2003	$1,756	$114,400