403 Commonwealth Ave

5,232 Sq. Ft.
$153 / Sq. Ft.
5,232
Sq. Ft.
$153
per Sq. Ft.

Description

Incredible multi-family opportunity in Warwick, RI featuring two buildings on one lot one multi-family and one single-family residence. All units are currently occupied, with tenants paying their own utilities, offering immediate income potential and strong investment appeal. The units are modern and updated, featuring stainless steel appliances and attractive finishes throughout. Additional living space in finished basement provided extra rental income. Off-street parking provides added convenience...Incredible multi-family opportunity in Warwick, RI featuring two buildings on one lot one multi-family and one single-family residence. All units are currently occupied, with tenants paying their own utilities, offering immediate income potential and strong investment appeal. The units are modern and updated, featuring stainless steel appliances and attractive finishes throughout. Additional living space in finished basement provided extra rental income. Off-street parking provides added convenience for residents. Located in a well-established residential area of Warwick, this property offers easy access to everyday amenities. Just minutes to TF Green International Airport, ideal for commuters and travelers. Close to I-95, Route 37, and Route 2 for convenient access to Providence and South County. Near Warwick Mall and the Route 2 retail corridor, plus a short drive to the waterfront and Narragansett Bay. Convenient to Kent Hospital, parks, schools, and community services making this a prime investment opportunity.
  1. Listed by Kyle Seyboth • Brokerage DRE #REB.0019729 • Century 21 Limitless
    P: (508)-726-3492 kyle@seybothteam.com

Amenities

  • Baseboard Heating
  • Basement
  • Full Basement
  • Gas Heat
  • Hot Water Heating
  • Laminate Floors
  • Off-Street Parking
  • Stainless Steel Appliances
LISTING UPDATED: 03/21/2026 12:30 PM

Property Details for 403 Commonwealth Avenue

StatusActive
MLS #1406672
Days on Market9
Taxes$7,117 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1865
Lot Size1.10 AC / 47,916 SF
CountyKent County

Location

Listing Courtesy of Century 21 Limitless
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Building Information for 403 Commonwealth Avenue

Stories-Residences3Year Built1865Building Size-Lot Size1.10 AC / 47,916 SF

Payment Calculator

$4,471 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,878

Property Taxes

$593

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 403 Commonwealth Avenue

Summary
Location and General Information
  • City: Warwick
  • Postal City: Warwick
  • Postal Code: 02886
  • State Or Province: RI
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $7,117.00
  • Tax Assessed Value: 560400
  • Tax Lot: 007
  • Tax Map Number: 260
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 5232.0
  • Building Area Total: 5232.0
  • Living Area Source: Public Records
  • Lot Size Acres: 1.1
  • Lot Size Area: 47916.0
  • Lot Size Square Feet: 47916.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 403405COMMONWEALTHAVWARW
  • Stories Total: 0
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1865
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement: Full, Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 6
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Laminate
  • Heating: Baseboard, Gas
  • Heating Y N: Yes
  • Rooms Total: 10
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $2,534.00
  • Type: TwoBedroom
  • Unit Type Area: 1089.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $2,533.00
  • Type: OneBedroom
  • Unit Type Area: 1947.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $2,533.00
  • Unit Type Area: 2196.0
  • Baths Total: 3
  • Beds Total: 3
  • Num of Full Baths: 2
  • Num of Half Baths: 1
Rental
Rental Information
  • Land Lease Y N: No

Property History for 403 Commonwealth Avenue

DateEvent & SourcePriceAppreciation
Mar 16, 2026

Permanently Off Market

Rhode Island Association of REALTORS® #1405663

Mar 16, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1406672

$799,000
Mar 3, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1405663

$749,900
Mar 3, 2026

Permanently Off Market

Rhode Island Association of REALTORS® #1375228

May 7, 2025

Sold (Public Record)

Public Record #1558143152

$450,000

+4.8% / yr

May 1, 2025

Contract Signed

Rhode Island Association of REALTORS® #1375228

Jan 15, 2025

Price Change

Rhode Island Association of REALTORS® #1375228

$550,000
Jan 6, 2025

Permanently Off Market

Rhode Island Association of REALTORS® #1374704

Jan 6, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1375228

$600,000
Dec 16, 2024

Permanently Off Market

Rhode Island Association of REALTORS® #1363797

Dec 16, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1374704

$600,000
Jul 16, 2024

Listed (Active)

Rhode Island Association of REALTORS® #1363797

$1,500,000
Nov 4, 2022

Sold

Rhode Island Association of REALTORS® #1285397

$400,000
Nov 3, 2022

Sold (Public Record)

Public Record #1917884962

$400,000
Nov 3, 2022

Sold (Public Record)

Public Record #1500714108

$400,000
Nov 3, 2022

Sold (Public Record)

Public Record #1539382534

$400,000
Feb 10, 2022

Contract Signed

Rhode Island Association of REALTORS® #1285397

Jun 13, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1285397

$599,900
DateEvent & SourcePrice
03/16/2026

Permanently Off Market

Rhode Island Association of REALTORS® #1405663

03/16/2026

Listed (Active)

Rhode Island Association of REALTORS® #1406672

$799,000
03/03/2026

Listed (Active)

Rhode Island Association of REALTORS® #1405663

$749,900
03/03/2026

Permanently Off Market

Rhode Island Association of REALTORS® #1375228

05/07/2025

Sold (Public Record)

Public Record #1558143152

$450,000

+4.8% / yr

05/01/2025

Contract Signed

Rhode Island Association of REALTORS® #1375228

01/15/2025

Price Change

Rhode Island Association of REALTORS® #1375228

$550,000
01/06/2025

Permanently Off Market

Rhode Island Association of REALTORS® #1374704

01/06/2025

Listed (Active)

Rhode Island Association of REALTORS® #1375228

$600,000
12/16/2024

Permanently Off Market

Rhode Island Association of REALTORS® #1363797

12/16/2024

Listed (Active)

Rhode Island Association of REALTORS® #1374704

$600,000
07/16/2024

Listed (Active)

Rhode Island Association of REALTORS® #1363797

$1,500,000
11/04/2022

Sold

Rhode Island Association of REALTORS® #1285397

$400,000
11/03/2022

Sold (Public Record)

Public Record #1917884962

$400,000
11/03/2022

Sold (Public Record)

Public Record #1500714108

$400,000
11/03/2022

Sold (Public Record)

Public Record #1539382534

$400,000
02/10/2022

Contract Signed

Rhode Island Association of REALTORS® #1285397

06/13/2021

Listed (Active)

Rhode Island Association of REALTORS® #1285397

$599,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 403 Commonwealth Avenue

Taxable ValueLand$150,200Additions$410,200Total$560,400
Tax Record2025$7,117 ($593 / month)
Home Facts
Baths1.5Total Finished SqFt2,196 SqFtAbove Grade Finished SqFt2,196 SqFtStories1Lot Size47,916 SqFtStyleMulti-Family Dwelling (2-4)Year Built1865ZoningA15CountyKENTAPNWARW M:260 B:0007 L:0000

Schools near 403 Commonwealth Avenue

This home is within Warwick School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Scott School
PublicK to 5

Winman Junior High School
Public6 to 8

Toll Gate High School
Public9 to 12

Warwick Career And Tech Center
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

403 Commonwealth Avenue is a multi-family home for sale in Warwick, RI 02886. This property was listed for sale on March 16, 2026 by Century 21 Limitless, it's currently listed at $799,000. It has been on the market for a total of 9 days and was last sold on May 7, 2025. This listing's school district is Warwick School District. Nearby schools include Scott School, Winman Junior High School and Toll Gate High School. 403 Commonwealth Avenue is a 6-bed, 6-bath, 5,232 sqft multi-family home built in 1865.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Limitless

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.