515 Davisville Rd

1,232 Sq. Ft.
$524 / Sq. Ft.
1,232
Sq. Ft.
$524
per Sq. Ft.

Description

Investment opportunity in desirable North Kingstown! This two-family property offers immediate rental income and significant upside potential for investors or owner-occupants looking to build equity. Featuring 4 total bedrooms, 2 full bathrooms, a full basement, and a large off-street parking area, the property is well-positioned to benefit from strong rental demand in the Quonset/Davisville corridor. Conveniently located near Quonset Business Park, Electric Boat, shopping, restaurants, beaches,...Investment opportunity in desirable North Kingstown! This two-family property offers immediate rental income and significant upside potential for investors or owner-occupants looking to build equity. Featuring 4 total bedrooms, 2 full bathrooms, a full basement, and a large off-street parking area, the property is well-positioned to benefit from strong rental demand in the Quonset/Davisville corridor. Conveniently located near Quonset Business Park, Electric Boat, shopping, restaurants, beaches, and major commuter routes, this property offers easy access to Route 4 and all that South County has to offer.
  1. Listed by Alpern & Mesenbourg Group • Brokerage DRE #REC.0205868 • Alpern and Mesenbourg
    P: (401)-324-9841 showings@alpernandmesenbourg.com

Property Details for 515 Davisville Road

Subdivision Name
Davisville
Architectural Style
Stacked
LISTING UPDATED: 06/30/2026 12:32 AM

Property Details for 515 Davisville Road

StatusActive
MLS #1415787
Days on Market15
Taxes$3,482 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size0.09 AC / 3,920 SF
CountyWashington County

Location

Listing Courtesy of Alpern and Mesenbourg
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Building Information for 515 Davisville Road

Stories2Residences2Year Built1920Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$3,504 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,214

Property Taxes

$290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 515 Davisville Road

Summary
Location and General Information
  • City: North Kingstown
  • Community Features: Golf, Highway Access, Marina, Near Schools, Pool, Recreation Area, Restaurant, Sidewalks
  • Postal City: North Kingstown
  • Postal Code: 02852
  • 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: 4
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $3,482.02
  • Tax Assessed Value: 315400
  • Tax Lot: 094
  • Tax Map Number: 151
  • Tax Year: 2025
Property
Lot Information
  • Above Grade Fin SQFT: 1232.0
  • Building Area Total: 1232.0
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 3920.0
  • Lot Size Square Feet: 3920.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 515DAVISVILLERDNKNG
  • Stories Total: 2
Property and Assessments
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community Y N: No
  • Year Built: 1920
  • C L I P: 4,783,393,447
Utilities
  • Electric: Amps200Or More
  • Sewer: Septic Tank
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Laminate
  • Heating: Baseboard, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Storage, Tub Shower
  • Rooms Total: 8
Multi Family
Income & Expenses Information
  • Operating Expense: $.00
Unit 1 Information
  • Actual Rent: $1,875.00
  • Type: Two Bedroom
  • Unit Type Area: 616.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,975.00
  • Type: Two Bedroom
  • Unit Type Area: 616.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 515 Davisville Road

DateEvent & SourcePriceAppreciation
Jun 19, 2026

Listed (Active)

Rhode Island Association of REALTORS® #1415787

$645,000
Nov 27, 2019

Sold (Public Record)

Public Record #658831024

$227,500

-0.2% / yr

Nov 27, 2019

Sold

Rhode Island Association of REALTORS® #1234916

$227,500
DateEvent & SourcePrice
06/19/2026

Listed (Active)

Rhode Island Association of REALTORS® #1415787

$645,000
11/27/2019

Sold (Public Record)

Public Record #658831024

$227,500

-0.2% / yr

11/27/2019

Sold

Rhode Island Association of REALTORS® #1234916

$227,500

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

Public Records for 515 Davisville Road

Taxable ValueLand$127,800Additions$187,600Total$315,400
Tax Record2025$3,482 ($290 / month)
Home Facts
Baths2Total Finished SqFt1,232 SqFtAbove Grade Finished SqFt1,232 SqFtUnfinished Basement SqFt616 SqFtStories2Lot Size3,760 SqFtStyleMulti-Family Dwelling (2-4)Year Built1920ZoningRRCountyWASHINGTONAPNNKIN M:151 B:094

Schools near 515 Davisville Road

This home is within North Kingstown School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Forest Park Elementary School
PublicK to 5

Davisville Middle School
Public6 to 8

North Kingstown Senior High School
Public9 to 12

Davisville Academy
PublicPK to 3

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

515 Davisville Road is a multi-family home for sale in North Kingstown, RI 02852. This property was listed for sale on June 19, 2026 by Alpern and Mesenbourg, it's currently listed at $645,000. It has been on the market for a total of 15 days and was last sold on November 27, 2019. This listing's school district is North Kingstown School District. Nearby schools include Forest Park Elementary School, Davisville Middle School and North Kingstown Senior High School. 515 Davisville Road is a 4-bed, 2-bath, 1,232 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alpern and Mesenbourg

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.