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    Westerly, RI Residential Income Properties for Sale

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    Stonington, CT Hopkinton, RI Charlestown, RI
    Commercial
    $899,000
    13,000 SF
    Commercial

    33 Railroad, Westerly, RI 2891

    Mixed-use properties · 13,000 SF
    • Prime first‑floor retail space (approx. 5000 sq. ft.) in a downtown location.
    • Conveniently located across the street from the Westerly Train Station.
    • Includes two residential apartments for additional income or use.
    • Additional 4000 sq. ft. of basement space.
    • Benefit from the 12‑foot ceiling height and ground‑level loading door in the retail space.
    Updated: Sep 30, 2025
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    Striking Sears "Alhambra" Home
    $765,000
    Striking Sears "Alhambra" Home

    166 High Street, Westerly, RI 2891

    Distinctive architecture, ideal for owner-occupants or investors.
    • Distinctive Sears "Alhambra" architecture with stucco exterior and inviting front porch offering unique curb appeal.
    • Spacious first‑floor apartment features hardwood floors, abundant natural light, brick fireplace, and stainless steel appliances.
    • Detached 3‑car garage with space for 4 vehicles, garden/storage room, large workshop area, and attic storage.
    • Ideal in‑town location within walking distance to downtown Westerly's restaurants, shops, and United Theater.
    • First‑floor apartment features 2 bedrooms, 2 full baths (one with in‑unit laundry), and access to porch/terrace.
    Updated: May 18
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Westerly, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Three-Unit Residential Income Property
    $699,000
    1,995 SF
    Three-Unit Residential Income Property

    Versatile multifamily home configured as a legal two-family and currently operated as three units with multiple outdoor decks.

    12 Bank Street, Groton, CT 06355

    View details
    Historic Mystic Four-Family Home
    $1,595,000
    Historic Mystic Four-Family Home

    Well-maintained four-family home in downtown Mystic with income potential.

    19 Pearl St, Groton, CT 6355

    View details
    Historic Mixed-Use Property in Stonington
    $4,495,000
    Historic Mixed-Use Property in Stonington

    Eleven-unit mixed-use property in Stonington Borough's commercial district.

    117 Water St, Stonington, CT 6378

    View details
    Stonington Two-Family Home For Sale
    $365,000
    0.29 Acres
    Stonington Two-Family Home For Sale

    Two-family home with recent upgrades and convenient location.

    51 Pequot Trl, Stonington, CT 6379

    View details

    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 Westerly, RI
    $79,900
    1.32 Acres
    Residential Land in Westerly, RI

    1.32 acre lot ready for custom home construction.

    54 Boombridge Road, Westerly, RI 02891

    View details
    Mystic Dream Home Building Opportunity
    $164,900
    1.79 Acres
    Mystic Dream Home Building Opportunity

    1.78-acre lot in Mystic, build your dream home!

    68 Mystic Meadow Lane, Groton, CT 06355

    View details
    Richmond, RI Land Opportunity
    $399,000
    9.18 Acres
    Richmond, RI Land Opportunity

    7.8-acre parcel in Shannock Village with subdivision potential.

    56 North Road, Richmond, RI 02875

    View details
    Griswold Land with Pond Access
    $99,900
    0.93 Acres
    Griswold Land with Pond Access

    Residential land with deeded access to Pachaug Pond.

    96 Burdick Lane, Griswold, CT 06351

    View details

    Westerly, RI Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Westerly, RI on our real estate platform. These investment opportunities span a total of 13,000 square feet of properties for sale, with an estimated market value of $899,000.

    Sale prices for residential income properties in Westerly, RI start at $899,000, averaging $899,000, and reaching up to $899,000 — 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 4
    Apartment buildings 3
    Triplexes 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.9%
    Median Household Income $90,435
    College Educated 59.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02891 $771K

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $13.06 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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