Backup offers
$9,488 Closing Credit¹
#1382256, Listing Office: Mott & Chace Sotheby's Intl.
$715,000 List price
135 Water St Warren, RI 02885
$8,491
Closing credit¹
5 beds
3 full
0.1 acres
Multi-Family
Property details
About 135 Water St
Welcome to 135 Water Street, nestled in Warren's vibrant Historic Waterfront District! Just steps from the East Bay Bike Path, boutique shops, galleries, and restaurants, this property seamlessly blends character with convenience. This recently updated multifamily home retains its natural beauty and offers modern comforts. The first-floor unit, freshly painted with refinished floors, includes 2 bedrooms, 1 full bath, in-unit laundry, and an updated kitchen. The second unit boasts 3 bedrooms, 1 bath, beautifully refinished pine hardwood floors, new kitchen flooring and appliances, and a fresh coat of paint throughout. Each spacious unit is drenched in natural light, providing ample room for comfortable living. Additional highlights include a 90% updated finished basement with bonus living space, a private yard, three fireplaces, a large common space, storage, replacement windows, and off-street parking for five vehicles. Whether you're looking to reside in one unit and rent the other, or seeking a strong addition to your investment portfolio, this home meets all expectations. Don't miss the rare opportunity to own a piece of Warren's history with modern updates and prime walkability.
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas, Hot Water
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingWindow Unit(s)
BasementYes
Lot size0.12 Acres
Year built1890
ParkingNo Garage
MLS #1383219
WaterfrontWaterfront
FireplaceMasonry
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
- Basement: Yes
- Flooring Type: Hardwood, Vinyl
- Interior: Attic, Bathtub, Permanent Attic Stairs, Storage, Tub Shower
- Fireplace: Masonry
- Total Bedroom Count: 5
- Parking: No Garage
- Waterfront: Waterfront
- Heating: Baseboard, Natural Gas, Hot Water
- Cooling: Window Unit(s)
- List Price: $715,000
- Annual Tax Amount: $7,177
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 1890
- Lot Size: 0.12 Acres
- MLS Number: 1383219
- MLS Name: RIS
- Office Name: Compass / Lila Delman Compass
- Office Phone: (401) 269-3244
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 6:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$715,000
135 Water St
$8,491
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $497,000 | $7,177 |
| 2023 | $497,000 | $6,789 |
| 2022 | $327,200 | $6,510 |
| 2021 | $327,200 | $6,416 |
| 2020 | $327,200 | $5,680 |
| 2019 | $286,000 | $5,465 |
History based on county public records data.
Nearby schools
8
Hampden Meadows School
Public District 4-5
1.7 mi
•297 New Meadow Rd
5
Hugh Cole Elementary School
Public District PK-5
1.7 mi
•50 Asylum Rd
7
Rockwell Elementary School
Public District KG-5
2.4 mi
•1225 Hope St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,023. Most Warren, RI residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
36%
35k-100k
21%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
63%
Single, No Kids
13%
Single, with Kids
14%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Continuing Education Courses
Figure Skating
Where do the neighbors shop?
Burlington
Express/Express For Men
Chico's
Where do the neighbors go to eat?
Popeyes
Qdoba
Bob Evans
What do the neighbors drive?
Dodge
Volkswagen
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
News
Rock
All data provided by Home Junction and Claritas
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This home is located at 135 Water St in Warren, RI and zip code 02885. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $715,000.
In April 2025 more than 8 listings in Warren, RI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Warren, RI between March and April 2025 increased by 20%. The median list price of listings available in April 2025 was $527,500, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.