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    Property profile & analytics

    3988 Main Rd Tiverton, RI 02878-4860

    • Investment properties
    • 2,535 SF
    • 2.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 18, 2024
    $725,000
    Location Intelligence
    Property ID
    US76-0380262
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gamine Co / Clothing Store
    • Barksfield Shop / Gift Shop / Antique Store

    Property Details for 3988 Main Rd

    Year built
    1800
    Construction
    FRAME
    Lot size
    2.02 lot acres
    Property size
    2,535 SF
    Zone code
    R80
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    TIVE M:813 B:123
    APU
    TIVEM813B123

    Description

    This exceptional mixed-use property, located at 3988 Main Road in Tiverton, Rhode Island, presents a rare opportunity to own a piece of history. The Davenport House, a Greek Revival farmhouse built circa 1800, sits on a picturesque 2-acre lot (87,816.96 sq ft) featuring mature trees and a tranquil brook. Landscaped gardens designed by renowned landscape architect Lloyd Lawton enhance the property's charm. The main building is a two-story structure with one building and a total of two units. The second floor offers a cozy two-bedroom, one-bathroom apartment, ideal for residential use or generating rental income. A small shed provides additional storage or potential workspace. This property in the South Tiverton area, just south of Historic Four Corners, offers a unique blend of historic charm and modern business potential, making it suitable for a variety of commercial ventures. The property's zip code is 02878, and it is situated in Newport County. The asking price for this remarkable property is $750,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tiverton
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.1855
    Latitude
    41.5685
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,637
    $179,100
    $240,500
    $419,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,230 SF

      750 Ee Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,230 SF
      750 Ee Rd, Tiverton, RI 02878-3538
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    • Value Estimation by Request
      2,640 SF

      53 Muse Way, Unit 55

      OFFICE/RESIDENTIAL (MIXED USE) • 2,640 SF
      53 Muse Way, Tiverton, RI 02878-3227
      View Details
    • Value Estimation
      $185,000
      3,200 SF

      1560 Eagleville Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,200 SF
      1560 Eagleville Rd, Tiverton, RI 02878-3010
      View Details
    • Value Estimation by Request
      1.77 Acres

      423 Highland Rd, Unit 427

      OFFICE/RESIDENTIAL (MIXED USE) • 1.77 Acres
      423 Highland Rd, Tiverton, RI 02878-4626
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    • Value Estimation
      $295,000
      1.59 Acres

      11 Hurst Ln, Unit 23

      OFFICE/RESIDENTIAL (MIXED USE) • 1.59 Acres
      11 Hurst Ln, Tiverton, RI 02878-2311
      View Details
    • Value Estimation
      $405,000
      6,000 SF

      2080 Main Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,000 SF
      2080 Main Rd, Tiverton, RI 02878-4638
      View Details

    Similar Nearby for Sale

    • $1,400,000
      11,841 SF

      Main Rd Tiverton Mixed-Use Portfolio

      Three buildings, 13 units, high income potential.
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      Main Road Mixed-Use Opportunity

      Mixed-use property with business zoning in a highly visible location.
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    • $649,000
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      Mixed-Use Lot in Tiverton

      Mixed-use property with residential and commercial buildings in Tiverton, RI.
      894 Main Rd, Tiverton, RI 02878
      View Details
    • $1,100,000

      Mixed-Use Property with Redevelopment Potential

      Large mixed-use property with residential, commercial, and warehouse space.
      42 Main Rd, Tiverton, RI 02878
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    • $177,500
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      Residential Land in Tiverton, RI

      Unimproved land, ideal for building a dream home.
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    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Newport County Office Space For Lease

      High-traffic corner lot, flexible space.
      80 Main Rd, Tiverton, RI 02878
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    • $60 SF/Yr
      150 SF

      Tiverton Office/Retail Space For Lease

      Prime Location, Ample Parking, All Utilities Included
      550 Main Rd, Tiverton, RI 02878
      View Details
    • $12 SF/Yr
      20,000 SF

      Modern Tiverton Industrial Space

      New 2024 Manufacturing/Warehouse
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      View Details
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    Tiverton, RI 02878-4860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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