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5-Unit Apartment Building
For Sale
$895,000

126 Main Street, Warren, RI 02885

Commercial/Business,Commercial Sale, Warren, RI

Property Size5,706 SF
Lot Size0.14 Acres
Price / SF$156.85
Days on Market128

Property Features for 126 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6
Rooms Basement
Parking 4
Basement Full
Subdivision North End Warren
Lot features Paved, Downtown
Standard status Active
Size 5,706 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11084

Utilities

Cooling system Central Air

Building Details

Year built 1920
Number of units 2
Building materials Frame
Listing Agency: Re/Max River's Edge - Bristol · RE/MAX International
Listed By: Debra Jobin · License #RES.0030277
Added: Apr 28 Changed: Aug 25 Last Checked: Sep 2 at 5:06AM
MLS# 1410423

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit multifamily property comprises two separate frame buildings totaling 5,706 square feet on 0.144 acres. The front structure contains three units, including an owner’s residence with a family room, laundry room, and central air, along with two additional rental units. Two more apartments are located in the rear building. The property was built in 1920 and includes basement space.

Recent roof work includes an approximately 5-year-old roof on the front building and a 3-year-old roof on the rear building. R6 zoning supports the property’s multifamily classification. Downtown Warren, the Water Street historic district, restaurants, shops, the waterfront, and the East Bay Bike Path are all described as being within a 10-minute walk. Bus service to Providence and Newport is approximately 150 feet away.

Key Highlights

  • Five‑unit layout across two separate frame buildings
  • 5,706 square feet on a 0.144‑acre parcel
  • Front building has three units, including an owner’s unit with family room, laundry room, and central air

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Garden Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 02885, RI

11,147
Population
5,546
Households
2
Avg Household Size
47
Median Age
36%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
1,798
Density / Sq Mi
$89,722
Median Household Income
$53,980
Median Earnings
$1,253
Median Rent
$363,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two buildings provide a mix of owner and rental residences with central air, laundry, and separate living areas.
Where is this apartment building located?
The property is located at 126 Main Street Warren, RI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Five‑unit layout across two separate frame buildings; 5,706 square feet on a 0.144‑acre parcel; Front building has three units, including an owner’s unit with family room, laundry room, and central air
More about this property
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