Multi family opportunity just minutes to downtown Wakefield and URI! Two buildings (one standalone and one duplex) featuring a total of three, 2 bedroom units. All units have separate utilities and were renovated in 2009. Long term tenants in place. Water, sewer, gas! Established income opportunity.
Multi-familyProperty Type
1825Year Built
6,534 sq ftLot Size
$281Est. Price/Sq.Ft.
6 spacesParking
Listed by Steven Rei• RI Real Estate Services
Bought with Michael Dignan• Smith and Oak Real Estate Co.
Corporate Owned and sold in current condition. No repairs, warranties, disclosures or inspections provided by seller. Proof of funds or a prequal must accompany all offers. A special addendum will be made a part of the final contract. Seller reserves the right to negotiate offers in any order regardless of date/time submitted. Typical seller’s hours are M-F, 9-5.
Year
Property tax
Land + Additions
Assessment*
2025
$4,218 (−4.2%)
$149,300 + $322,500
$471,800
2024
$4,402
$114,900 + $283,500
$398,400
2023
$4,402 (+0.9%)
$114,900 + $283,500
$398,400
2022
$4,362 (−8.2%)
$114,900 + $283,500
$398,400
2021
$4,751
$73,600 + $255,200
$328,800
2020
$4,751
$73,600 + $255,200
$328,800
2019
$4,751 (+10.1%)
$73,600 + $255,200
$328,800
2018
$4,315 (+2.4%)
$63,100 + $212,100
$275,200
2017
$4,213 (+1.4%)
$63,100 + $212,100
$275,200
2016
$4,153 (−4.1%)
$63,100 + $212,100
$275,200
2015
$4,329 (+0.3%)
$66,800 + $212,100
$278,900
2014
$4,317
$66,800 + $212,100
$278,900
2013
$4,315 (−0.2%)
$66,800 + $212,100
$278,900
2012
$4,325
$74,400 + $223,900
$298,300
Tax history for 1412 Kingstown Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,218 (−4.2%)
$149,300 + $322,500
$471,800
2024
$4,402
$114,900 + $283,500
$398,400
2023
$4,402 (+0.9%)
$114,900 + $283,500
$398,400
2022
$4,362 (−8.2%)
$114,900 + $283,500
$398,400
2021
$4,751
$73,600 + $255,200
$328,800
2020
$4,751
$73,600 + $255,200
$328,800
2019
$4,751 (+10.1%)
$73,600 + $255,200
$328,800
2018
$4,315 (+2.4%)
$63,100 + $212,100
$275,200
2017
$4,213 (+1.4%)
$63,100 + $212,100
$275,200
2016
$4,153 (−4.1%)
$63,100 + $212,100
$275,200
2015
$4,329 (+0.3%)
$66,800 + $212,100
$278,900
2014
$4,317
$66,800 + $212,100
$278,900
2013
$4,315 (−0.2%)
$66,800 + $212,100
$278,900
2012
$4,325
$74,400 + $223,900
$298,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Washington County
APN
230983
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R10
Medium High Density Residential District
This district allows a residential density of up to 4.35 du per acre. The lot sizes for single-household detached dwellings is 10,000 sq ft. This is a high-density residential area with public water and is expected to be served by the sewer system. Selected public and semipublic uses are allowed in this district.
Permitted uses
Include but are not limited to:
Livestock production
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Library
Museum / gallery
Golf related
Property details
Parking
Parking
Features: No Garage
# of Parking (Total): 6
Interior
Bathroom Information
# of Full Bathrooms: 3
Room Information
# of Rooms (Total): 12
Has Basement
Basement Information: Full, Unfinished
Equipment
Appliances: Oven, Range, Refrigerator
Interior Features
Flooring: Carpet, Laminate, Vinyl
Other Features: Tub Shower
Exterior
Building Information
Stories (Total): 2
Construction Details: Drywall, Plaster, Vinyl Siding
Lot Information
Lot Size Area: 6,534
Lot Size Acres: 0.15
Zoning: R10
Property Information
Above Grade Finished Area: 2,334
Foundation Details: Slab, Stone
Financial
Assessments and Fees
Assessed Value: $328,800
Tax Information
Annual Tax Amount: $4,751
Tax Year: 2021
Rental Information
Tenant Pays: Hot Water
Utilities
Utility Information
Utilities: Sewer Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Heating
Heating: Forced Air, Gas
Location
Multi Unit Information
# Of Units Total: 3
# Of Buildings: 2
Multi Unit Financial Information
Operating Expense: $4,751
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 6,534 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Washington County
APN: 230983
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Peace Dale School
Public PreK-5 • Assigned • 0.2mi
7/10
Broad Rock Middle School
Public 6-8 • Assigned • 1.1mi
9/10
South Kingstown High School
Public 9-12 • Assigned • 0.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Wakefield, RI • 02879
Average low and high temperatures (°F)
35
21
37
22
48
32
57
41
65
50
77
60
81
66
78
59
72
56
64
46
54
36
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$623,000 – $753,000
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