505 Washington St

Coventry, RI 02816

$900,000
Price
10
Beds
5,222 Sq. Ft.
$172 / Sq. Ft.
5,222
Sq. Ft.
$172
per Sq. Ft.
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Description

Excellent investment opportunity in Coventry, Rhode Island featuring a well-maintained 6-unit residential property with a
desirable unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility
to accommodate a variety of tenants. This property presents strong income potential in a sought-after and convenient location. Off-street parking adds valuable convenience for residents. Ideally situated with easy access to shopping, dining, and everyday...Excellent investment opportunity in Coventry, Rhode Island featuring a well-maintained 6-unit residential property with a
desirable unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility
to accommodate a variety of tenants. This property presents strong income potential in a sought-after and convenient location. Off-street parking adds valuable convenience for residents. Ideally situated with easy access to shopping, dining, and everyday
amenities along the Washington Street corridor. Quick access to Route 117 and Interstate 95 allows for an easy commute to
Warwick, Cranston, and Providence. Close to Centre of New England, Tiogue Lake, and the Washington Secondary Bike Path for
added lifestyle appeal.
  1. Listed by Kyle Seyboth • Brokerage DRE #REB.0019729 • Century 21 Limitless
    P: (508)-726-3492 kyle@seybothteam.com

Amenities

  • Baseboard Heating
  • Basement
  • Electric Heat
  • Full Basement
  • Hot Water Heating
  • Laminate Floors
  • Off-Street Parking
LISTING UPDATED: 03/20/2026 06:35 PM

Property Details for 505 Washington Street

StatusActive
MLS #1407049
Days on Market3
Taxes$6,869 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1850
Lot Size0.18 AC / 7,841 SF
CountyKent County
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Location

Listing Courtesy of Century 21 Limitless
Add your commute

Building Information for 505 Washington Street

Stories-Residences4Year Built1850Building Size-Lot Size0.18 AC / 7,841 SF

Payment Calculator

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$4,940 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,368

Property Taxes

$572

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 505 Washington Street

Summary
Location and General Information
  • City: Coventry
  • Postal City: Coventry
  • Postal Code: 02816
  • 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: 10
Taxes and HOA Information
  • Tax Annual Amount: $6,869.00
  • Tax Assessed Value: 426900
  • Tax Lot: 125
  • Tax Map Number: 056
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 5222.0
  • Building Area Total: 5222.0
  • Living Area Source: Public Records
  • Lot Size Acres: 0.18
  • Lot Size Area: 7841.0
  • Lot Size Square Feet: 7841.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 505WASHINGTONSTCVEN
  • Stories Total: 0
  • Structure Type: Apartment
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1850
Utilities
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 10
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Laminate, Other
  • Heating: Baseboard, Electric
  • Heating Y N: Yes
  • Rooms Total: 22
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,525.00
  • Type: TwoBedroom
  • Unit Type Area: 921.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,525.00
  • Type: TwoBedroom
  • Unit Type Area: 921.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,525.00
  • Type: TwoBedroom
  • Unit Type Area: 921.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,525.00
  • Type: FourBedroomOrMore
  • Unit Type Area: 922.0
  • Baths Total: 2
  • Beds Total: 4
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 505 Washington Street

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1407049

$900,000—
Oct 24, 2024

Sold (Public Record)

Public Record #1914279265

$600,000—
Sep 24, 2024

Sold (Public Record)

Public Record #1541784605

$600,000

-9.6% / yr

Jan 27, 2020

Sold (Public Record)

Public Record #1357398678

$960,000

+38.5% / yr

Dec 22, 2016

Sold (Public Record)

Public Record #585752314

$350,000—
DateEvent & SourcePrice
03/20/2026

Listed (Active)

Rhode Island Association of REALTORS® #1407049

$900,000
10/24/2024

Sold (Public Record)

Public Record #1914279265

$600,000
09/24/2024

Sold (Public Record)

Public Record #1541784605

$600,000

-9.6% / yr

01/27/2020

Sold (Public Record)

Public Record #1357398678

$960,000

+38.5% / yr

12/22/2016

Sold (Public Record)

Public Record #585752314

$350,000

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

Public Records for 505 Washington Street

Taxable ValueLand$63,400Additions$363,500Total$426,900
Tax Record2025$6,869 ($572 / month)
Home Facts
Baths6Total Finished SqFt3,686 SqFtAbove Grade Finished SqFt3,686 SqFtUnfinished Basement SqFt1,536 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1850ZoningR-20CountyKENTAPNCOVE M:56 L:125

Schools near 505 Washington Street

This home is within Coventry School District.
Rating
School
Type
Grades
Distance
Tiogue School
Public - K to 5
Alan Shawn Feinstein Middle School of Coventry
Public - 6 to 8
Coventry High School
Public - 9 to 12
Blackrock School
Public - PK to 5
Rating
School
Distance
Tiogue School
PublicK to 5

Alan Shawn Feinstein Middle School of Coventry
Public6 to 8

Coventry High School
Public9 to 12

Blackrock School
PublicPK to 5

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.

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More information about 505 Washington Street, Coventry, RI 02816

505 Washington Street is a multi-family home for sale in Coventry, RI 02816. This property was listed for sale on March 20, 2026 by Century 21 Limitless, it's currently listed at $900,000. It has been on the market for a total of 3 days and was last sold on October 24, 2024. This listing's school district is Coventry School District. Nearby schools include Tiogue School, Alan Shawn Feinstein Middle School of Coventry and Coventry High School. 505 Washington Street is a 10-bed, 6-bath, 5,222 sqft multi-family home built in 1850.

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.