$6,531

closing credit¹

403 Commonwealth Ave Warwick, RI 02886

$550,000
6 beds
3 full, 2 partial
1.1 acres
Multi-Family

Property details

About 403 Commonwealth Ave

Discover a unique residential opportunity with this versatile property, featuring two homes on one lot. Ideal for investors or those seeking a multi-generational living arrangement, both properties can be delivered vacant if desired, offering flexibility and potential for customization. While in need of renovating and upgrading, this property presents a fantastic canvas to create your dream homes or lucrative rental units. Situated in a great location, you'll enjoy easy access to nearby amenities, schools, and major highways, making it a convenient and desirable place to live. With tons of potential, you can transform these homes into modern, stylish residences that meet your needs or generate substantial rental income. This property is a rare find with endless possibilities. Don't miss out on the chance to invest in a prime piece of real estate with incredible potential!

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
BasementYes
Lot size1.1 Acres
Year built1865
ParkingNo Garage
MLS #1375228

Summary

  • MLS Number: 1375228
  • MLS Name: RIS
  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

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: 2/10/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$550,000

403 Commonwealth Ave

$6,531

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
Nov 04, 2022
Home Sold
$400,000

Tax history

YearAssessmentProperty Tax
2024$479,300$6,935
2023$522,100$7,409
2022$391,100$7,325
2021$391,100$7,325
2020$391,100$7,325
2019$391,100$7,325

History based on county public records data.

Nearby schools

8

Scott Elementary School

Public District KG-6

0.6 mi

833 Centerville Rd

3

Wakefield Hills Elementary School

Public District PK-4

1.5 mi

505 Wakefield St

6

Greenwood Elementary School

Public District KG-6

1.6 mi

93 Sharon St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $88,010. The most common annual income of people living in Warwick, RI is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

12%
<35k
48%
35k-100k
35%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
7%
Single, with Kids
30%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
45%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Warwick, RI

About 403 Commonwealth Ave

This home is located at 403 Commonwealth Ave in Warwick, RI and zip code 02886. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $550,000.

While more than 30 listings in Warwick, RI in January 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 26 were sold below. The number of listings in Warwick, RI increased by 2.1% between December and January 2025. In January 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $400,000.

From Rocket Homes Real Estate and based on county public records data.

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