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Five-Unit Apartment Property
For Sale
$895,000

126 Main Street, Warren, RI 02885

Residential Income, Warren, RI

Property Size5,706 SF
Lot Size0.14 Acres
Price / SF$156.85
Days on Market82

Property Features for 126 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-6
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 11, Bathroom 5, Bathroom 3, Bedroom 10, Bedroom 3, Bedroom 9, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 2, Bedroom 6
Parking 4
Directions Rt on route 114 Just over the Barrington line.
Standard status Active
APN 538550
Size 5,706 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11084

Building Details

Year built 1920
Floors in Building 5
Number of units 5
Listing Agency: RE/MAX River's Edge · RE/MAX International
Listed By: Michelle Cartwright · License #224874
Added: Jun 13 Changed: Aug 27 Last Checked: Sep 2 at 2:06AM
MLS# 73535581

Copyright © 2026 MLS Property Information Network 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 5,706-square-foot apartment property occupies 0.14 acres and includes two separate buildings with five total units. The front structure contains three apartments, 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 is zoned R-6.

Roof replacements provide distinct age profiles across the improvements, with the front building’s roof approximately 5 years old and the rear building’s roof 3 years old. Downtown Warren, local restaurants, shops, the waterfront, and the East Bay Bike Path are within a 10-minute walk. Bus service to Providence and Newport is approximately 150 feet away.

Key Highlights

  • Five apartments across two separate buildings
  • 5,706 SF property on 0.14 acres
  • Front building includes 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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building residential asset with an owner’s unit, four additional apartments, and R-6 zoning.
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 apartments across two separate buildings; 5,706 SF property on 0.14 acres; Front building includes three units, including an owner’s unit with family room, laundry room, and central air
More about this property
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