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    Westerly, RI
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    Westerly, RI Residential Income Properties for Sale

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    Three-Unit Multifamily with Garage
    Updated: Jun 18
    Three-Unit Multifamily with Garage

    68 Beach Street, Westerly, RI 02891

    $620,900
    3,892 sqft 0.21 AC lot
    3‑family home with a 2‑car garage
    Each of the 3 units has separate utilities
    Month‑to‑month tenants in place, providing immediate rental income
    Year built 1919 with natural gas heating and window unit cooling
    Interior finishes include laminate and hardwood floors; gas water heater
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    This listing looks promising.

    Here's a quick look at some key insights for

    68 Beach Street, Westerly, RI 02891

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $671K
      Above asking

    • Property Type

      Triplex
      Built 1919
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    Two-Unit Residential Income Property
    Updated: Jul 22
    Two-Unit Residential Income Property

    53 Tower Street, Westerly, RI 02891

    $475,000
    1,357 sqft 0.42 AC lot
    Built in 1902 with 1,267 sq ft of living space
    Two units, each with 2 bedrooms and updated bathrooms
    Possibility of a third‑floor unit to be confirmed with zoning (owner to check)
    Two‑car garage offers shared parking for each unit or separate garage rental option
    Three paved parking locations, including access to the two‑car garage via the second right off Thompson Ave (Westerly)
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    Two-Family Home with Finished Third Floor
    Two-Family Home with Finished Third Floor

    24 Pleasant Street, Westerly, RI 02891

    $549,000
    2,736 sqft 0.15 AC lot

    Updated two-unit living with efficient heating, durable flooring, and a finished third level that supports flexible rental plans.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    11 Maple Avenue, Westerly, RI 02891

    $560,000
    2,898 sqft

    Historic two-family home with six bedrooms, three bathrooms, hardwood floors, and a private yard.

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

    38 Chester Avenue, Westerly, RI 02891

    $650,000
    2,017 sqft 0.39 AC lot

    Renovated three-unit property with separate utilities and off-site parking, featuring two-bedroom units and a one-bedroom unit.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    53 Tower Street, Westerly, RI 02891

    $475,000
    1,357 sqft

    Built in 1902, this two-unit property offers two 2-bedroom units with updated bathrooms and a two-car garage.

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    Renovated Three-Unit Income Property
    Renovated Three-Unit Income Property

    38 Chester Avenue, Westerly, RI 02891

    $650,000

    Renovated three-unit residential income property with separate utilities and off-site parking.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    68 Beach Street, Westerly, RI 02891

    $620,900

    Well-maintained three-family home with separate utilities for each unit and a two-car garage.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 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 Multifamily with Ocean Views
    Three-Unit Multifamily with Ocean Views

    5443 Post Road, Charlestown, RI 02813

    $1,500,000
    3,560 sqft 1.59 AC lot

    Three residential units with multiple decks and separate electric panels, plus basement space and an attached two-car garage.

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    Three-Unit Ocean View Triplex
    Three-Unit Ocean View Triplex

    5443 Post Road, Charlestown, RI 02813

    $1,500,000

    Three separate residential units with decks, circular driveway parking, and ocean and salt pond views.

    View details
    Turnkey Boutique Hospitality Property
    Turnkey Boutique Hospitality Property

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    4,002 sqft 0.18 AC lot

    Pre-zoned LS-5 hospitality use with fully furnished interiors, rooftop communal amenities, and dedicated paved off-street parking.

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    Boutique Hotel with Rooftop Pool
    Boutique Hotel with Rooftop Pool

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    0.18 AC lot

    Turnkey, fully furnished hospitality property with rooftop pool and on-site off-street parking for short-term stays or hotel operations.

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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 Westerly, RI
    Residential Land in Westerly, RI

    54 Boombridge Road, Westerly, RI 02891

    $79,900
    1.32 AC lot

    1.32 acre lot ready for custom home construction.

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    Approved Building Lot in Mystic
    Approved Building Lot in Mystic

    36 Nautilus Way Road, Stonington, CT 06378

    $460,000
    2.72 AC lot

    2.72 acre residential land in Stonington, Connecticut.

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    100 Acres in North Stonington
    100 Acres in North Stonington

    Lake Of Isles Road, North Stonington, CT 06359

    $1,500,000
    74.85 AC lot

    100 acres near Lake of Isles and major attractions.

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    Residential Lot in Stonington, CT
    Residential Lot in Stonington, CT

    Lantern Hill Road lot: 5, Stonington, CT 06355

    $125,000
    2.06 AC lot

    2.06-acre residential lot with road frontage and available electric.

    View details

    Westerly, RI Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Westerly, RI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 14,257 square feet of properties for sale, with an estimated market value of $4,600,800.

    Sale prices for residential income properties in Westerly, RI start at $475,000, averaging $575,100, and reaching up to $650,000 — 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 8
    Duplexes 4
    Triplexes 4

    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 $737.7K

    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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