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    Warwick, RI
    Residential Income

    Warwick, RI Residential Income Properties for Sale

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    Corner Commercial Building and Duplex
    Updated: Jun 3
    Corner Commercial Building and Duplex

    1593 Centerville Road, Warwick, RI 02886

    $1,350,000
    6,215 sqft
    Three‑parcel mixed‑use property at 1593–1595 Centerville Rd and New London Ave in Warwick, RI
    New London Ave parcel (M:251 L:100) is 0.13 acres and currently serves as parking for 1593 Centerville Rd
    1593 Centerville Rd: former bar/restaurant with 2,034 sq. ft above grade plus a 1,473 sq. ft basement
    1585 Centerville Rd: two‑unit residential building with 1 bed/1 bath in each unit and 1,704 sq. ft plus a 1,004 sq. ft basement
    Corner lot at the intersection of busy Centerville Rd and New London Ave
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    This listing looks promising.

    Here's a quick look at some key insights for

    1593 Centerville Road, Warwick, RI, RI 02886

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $109K
      Annual

    • Price @ 7% Cap

      $1.56M
      Above asking

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1935
    View Property Analytics
    Brand-New Duplex with Decks
    Updated: Jun 9
    Brand-New Duplex with Decks

    81 Cadora Avenue, Warwick, RI 02818

    $1,069,000
    2,200 sqft 0.24 AC lot
    Brand‑new 2025 construction duplex with central air and forced‑air natural gas heating
    Each unit includes stainless kitchen appliances: refrigerator, oven/range, microwave, and dishwasher
    Hardwood and ceramic tile flooring throughout, with dry wall interior finishes
    Exterior features include a deck/patio area for each unit
    Interior plumbing is listed as mixed, and hot water is provided by an electric water heater
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    Two-Home Duplex on One Lot
    Two-Home Duplex on One Lot

    283 Palmer Avenue, Warwick, RI 02889

    $549,999
    2,072 sqft 0.21 AC lot

    Duplex for sale with two single-family homes on one lot, including a deck, mini-split, and central A/C and heat.

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    Mixed-Use Home with ADA Office
    Mixed-Use Home with ADA Office

    14 W Natick Road, Warwick, RI 02886

    $799,900
    4,271 sqft 0.44 AC lot

    Fully updated property combines a 4-bedroom home with an ADA-compliant office suite.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    37 Remington Street, Warwick, RI 02888

    $559,000
    2,436 sqft 0.07 AC lot

    Well-configured triplex with private decks, separate utilities, and off-street parking for flexible rental or conversion use.

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    Two-Family Duplex with Extra Lot
    Two-Family Duplex with Extra Lot

    207 Glen Drive, Warwick, RI 02889

    $530,000

    Well-maintained duplex with two-bed units on each side, plus an extra lot for expanded use or value.

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    Three-Unit Multifamily Building
    Three-Unit Multifamily Building

    642 East Ave, Warwick, RI 02886

    $875,000

    Three-unit, 2,955 SF multifamily building on a 7,405 SF lot with 12 parking spaces in A7 zoning.

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    Mixed-Use Investment Portfolio
    Mixed-Use Investment Portfolio

    643 East Ave, Warwick, RI 02886

    $3,600,000

    Mixed-use portfolio with retail, office, and apartment units plus a separate two-family property.

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    Brand-New Duplex Income Property
    Brand-New Duplex Income Property

    81 Cadora Avenue, Warwick, RI 02818

    $1,069,000

    A brand-new, never-lived-in duplex with A/C, stainless appliances, hardwoods, decks, sprinklers, and a garage.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 9 Active listings in Warwick, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Townhouse-Style Triplex for Sale
    Townhouse-Style Triplex for Sale

    520 Providence Street, West Warwick, RI 02893

    $677,900
    2,478 sqft 0.34 AC lot

    Three-unit multifamily with separate utilities and in-unit laundry, featuring two renovated units and one currently occupied unit.

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    Two-Family Home with Yard
    Two-Family Home with Yard

    58 Perkins Avenue, Cranston, RI 02910

    $499,900
    2,466 sqft 0.11 AC lot

    Vacant two-family residence with two 2-bedroom units, a garage, and spacious yard space on a generous lot.

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    Updated Two-Family Residence
    Updated Two-Family Residence

    160 Richard Street, Cranston, RI 02910

    $620,000

    Move-in-ready duplex offers two updated units with in-home laundry and ample off-street parking.

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    Three-Unit Townhouse-Style Multifamily
    Three-Unit Townhouse-Style Multifamily

    520 Providence Street, West Warwick, RI 02893

    $677,900

    Three-unit property with townhouse-style layout, separate utilities, and in-unit laundry for efficient day-to-day management.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Johnston, RI
    Residential Land in Johnston, RI

    1835 Plainfield Pike, Johnston, RI 02919

    $2,495,000
    1.77 AC lot

    1.77-acre corner lot zoned residential in Johnston, Rhode Island.

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    Planned Development Redevelopment Land
    Planned Development Redevelopment Land

    2 Fairway Drive, Coventry, RI 02816

    $599,900
    36.94 AC lot

    36.94-acre site with open former fairways, wooded buffers, and an existing paved parking area for 30+ vehicles.

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    Vacant Land in Providence, RI
    Vacant Land in Providence, RI

    13 Benton Street, Providence, RI 02909

    $40,000
    0.06 AC lot

    Vacant lot suitable for multifamily development with dimensional variance.

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    Barrington, RI 1.1-Acre Lot
    Barrington, RI 1.1-Acre Lot

    Pine Top Road, Barrington, RI 02806

    $299,000
    1.11 AC lot

    Private 1.1-acre lot in desirable Barrington, abutting conservation land.

    View details

    Off-Market Properties in Warwick, RI

    Consider similar Off-Market properties in Warwick, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    35 Lake St
    Multifamily properties

    35 Lake St, Warwick, RI 02886

    Value Estimation by Request
    40,928 sqft 2.68 AC lot
    View details
    188 Airport Rd Rd
    Individual retail properties

    188 Airport Rd Rd, Warwick, RI 02889

    Value Estimation by Request
    View details
    1020 Toll Gate Rd
    Land

    1020 Toll Gate Rd, Warwick, RI 02886

    Value Estimation by Request
    7.50 AC lot
    View details

    Warwick, RI Residential Income Properties Market Trends and Statistics

    Explore 12 residential income properties for sale in Warwick, RI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 17,194 square feet of properties for sale, with an estimated market value of $4,327,899.

    Sale prices for residential income properties in Warwick, RI start at $549,999, averaging $865,579, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 9
    Duplexes 7
    Apartment buildings 1
    Single family properties 1
    Triplexes 1

    Demographics Overview

    Population 77K
    Population Growth (5Y) +2.1%
    Median Household Income $88,549
    College Educated 32.6%

    High-Yield Neighborhoods for Investment

    Identify Warwick submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Warwick $821K
    East Greenwich $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $27.38 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Warwick fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Warwick, RI

    • 02886
    • 02888
    • 02889
    • 02818

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