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Three-Unit Property with Parking
For Sale
$529,900

12 Grove Street, West Warwick, RI 02893

Front residence and rear rentals create a flexible multifamily configuration.

Property SizeContact for details
Days on Market85

Property Features for 12 Grove Street

General Information

Standard status Active
Property subtype Multi-family
Lease Term []

Building Details

Year Built 1900
Listing Agency: Engel & Volkers Oceanside
Listed By: The DiSpirito Team
Source: Teridegnan
Added: Jun 8 Changed: Aug 30 Last Checked: Aug 31 at 7:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers Oceanside

Investment Insights

Based on property information with market context.

Built in 1900, this multifamily property combines a maintained front residence with two rental units in a separate rear building. The primary home offers three bedrooms, one full bathroom, a full basement, and dedicated laundry and storage space. The rear structure contains one two-bedroom, one-bath unit and one one-bedroom, one-bath unit, with additional basement storage and laundry facilities.

Recent cleaning and painting support immediate usability, while the rear building has a newer roof. Off-street parking and connected water and sewer add practical functionality. The property is situated in West Warwick near shopping, restaurants, schools, recreation, bus routes, and highway access, with a configuration that supports owner occupancy, rental operations, or expansion of an existing portfolio.

Key Highlights

  • Three‑unit configuration with a front three‑bedroom residence and two rear rental units
  • Rear building includes one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit
  • Full basement storage and laundry in the front home, plus basement space in the rear building

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Computer & Electronic Repair Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 02893, RI

31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Front residence and rear rentals create a flexible multifamily configuration.
Where is this triplex located?
The property is located at 12 Grove Street West Warwick, RI.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Three‑unit configuration with a front three‑bedroom residence and two rear rental units; Rear building includes one 2‑bedroom, 1‑bath unit and one 1‑bedroom, 1‑bath unit; Full basement storage and laundry in the front home, plus basement space in the rear building
More about this property
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