OFF MARKET

Off market dec 2023 for $595K

—

•

3,286

sq ft

31 Water St, Warren, RI 02885

About this home

Perfect investment opportunity or primary residence with additional income to offset your mortgage! This building is located conveniently in the vibrant Water Street community full of restaurants, lounges and shopping. Or, enjoy the proximity to the water and the bike path, both just a couple of blocks away. The building has been well cared for and features vinyl siding, 3 replacement heating systems with tankless hot water, plenty of off-street parking, and NO flood insurance! The interior units are well maintained. The first floor units each feature their own private entrance. The second floor unit has been renovated, and can be expanded up to the third floor, where there is already rough plumbing, for more bedrooms or living space. A great value for the price!

Multi-familyProperty Type

1850Year Built

6,229 sq ftLot Size

$181Price/Sq.Ft.

6 spacesParking

Listed by Sarah Principe • William Raveis Inspire

Bought with Non-Mls Non-Mls Member • Non-Mls Member

Redfin checked: 2 minutes ago

•Source:RIS #1345120

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 02885, RI

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.8%

1.4% MoM

Median sale price

$525K

$33K MoM

Avg. days on market

25d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN TODAY, 4:30PM TO 6PM
$709,000
4 beds2 baths2,363 sq ft
614 Child St, Warren, RI 02885
OPEN SAT, 11:30AM TO 1:30PM
$965,000
6 beds3.5 baths4,144 sq ft
36 Kinnicutt Ave, Warren, RI 02885
OPEN SAT, 11AM TO 1PM
$459,000
3 beds2 baths1,100 sq ft
169 Child St, Warren, RI 02885
See all

Provided by Redfin

Sale history for 31 Water St

Date

Event

Price

RIS #1345120

Dec 15, 2023

Sold

$595,000

$181/sq ft

Oct 31, 2023

Pending

—

Oct 19, 2023

Price Changed

$624,900

$190/sq ft

Oct 4, 2023

Listed

$674,900

$205/sq ft

RIS #1142530

Mar 30, 2017

Sold

$205,000

$62/sq ft

Mar 9, 2017

Pending

—

Mar 9, 2017

Relisted

—

Mar 8, 2017

Listing Removed

—

Mar 3, 2017

Contingent

—

Dec 5, 2016

Listed

$229,000

$70/sq ft

+20

RIS #1136072

Dec 5, 2016

Listing Removed

—

Sep 6, 2016

Listed

$234,000

$71/sq ft

RIS #1128449

Sep 6, 2016

Listing Removed

—

Jun 9, 2016

Listed

$238,000

$72/sq ft

RIS #1127241

Jun 9, 2016

Listing Removed

—

May 27, 2016

Listed

$245,000

$75/sq ft

RIS #1119479

May 27, 2016

Listing Removed

—

Mar 7, 2016

Listed

$249,000

$76/sq ft

RIS #1103405

Feb 29, 2016

Listing Removed

—

Sep 18, 2015

Price Changed

$259,000

$79/sq ft

Jul 25, 2015

Listed

$275,000

$84/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,356 (+3.1%)

$182,500 + $311,500

$494,000

2024

$7,133 (+5.7%)

$182,500 + $311,500

$494,000

2023

$6,748 (+17.6%)

$182,500 + $311,500

$494,000

2022

$5,738 (+1.6%)

$115,100 + $203,500

$318,600

2021

$5,646 (+2.1%)

$115,100 + $203,500

$318,600

2020

$5,531 (+4.6%)

$115,100 + $203,500

$318,600

2019

$5,290 (+1.3%)

$92,100 + $184,700

$276,800

2018

$5,220 (+0.2%)

$92,100 + $184,700

$276,800

2017

$5,207 (+2.9%)

$92,100 + $184,700

$276,800

2016

$5,058

$78,100 + $175,200

$253,300

2015

$5,058 (−0.5%)

$78,100 + $175,200

$253,300

2014

$5,084

$78,100 + $175,200

$253,300

Tax history for 31 Water St

Year

Property tax

Land + Additions

Assessment*

2025

$7,356 (+3.1%)

$182,500 + $311,500

$494,000

2024

$7,133 (+5.7%)

$182,500 + $311,500

$494,000

2023

$6,748 (+17.6%)

$182,500 + $311,500

$494,000

2022

$5,738 (+1.6%)

$115,100 + $203,500

$318,600

2021

$5,646 (+2.1%)

$115,100 + $203,500

$318,600

2020

$5,531 (+4.6%)

$115,100 + $203,500

$318,600

2019

$5,290 (+1.3%)

$92,100 + $184,700

$276,800

2018

$5,220 (+0.2%)

$92,100 + $184,700

$276,800

2017

$5,207 (+2.9%)

$92,100 + $184,700

$276,800

2016

$5,058

$78,100 + $175,200

$253,300

2015

$5,058 (−0.5%)

$78,100 + $175,200

$253,300

2014

$5,084

$78,100 + $175,200

$253,300

*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
Permits

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

6,098 Sq. Ft.

Year renovated

—

Sq. Ft.

3,287

Year built

1850

Style

Multi-Family (2-4 Unit)

County

Bristol County

APN

271018

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 6

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 17
Has Basement
Basement Information: Full, Unfinished

Laundry Information
Features: In Unit

Equipment
Appliances: Oven, Range, Refrigerator, Tankless Water Heater

Interior Features
Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
Other Features: Attic, Bathroom Rough-In, Internal Expansion, Permanent Attic Stairs, Tub Shower

Multi Unit Information
# Of Units Total: 3
# Of Buildings: 1

Exterior

Building Information
Stories (Total): 2
Construction Details: Drywall, Vinyl Siding

Exterior Features
Exterior Features: Paved Driveway

Lot Information
Lot Size Area: 6,229
Lot Size Acres: 0.143
Waterfront Features: Walk to Water
Frontage Length: 67
Zoning: VB

Property Information
Above Grade Finished Area: 3,286
Foundation Details: Combination

Financial

Assessments and Fees
Assessed Value: $494,000

Tax Information
Annual Tax Amount: $6,748
Tax Year: 2023

Rental Information
Tenant Pays: Hot Water

Utilities

Utility Information
Utilities: Sewer Connected
Electric: 100 Amp Service, Circuit Breakers
Sewer: Connected
Water Source: Connected, Multiple Meters

Heating & Cooling
Has Heating
Heating: Baseboard, Gas

Location

HOA Information
Monthly

Community Information
Community Features: Marina, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks

Public facts

Beds: 6
Baths: 3.5
Sq. Ft.: 3,287
Stories: 3.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1850
Year Renovated: —
County: Bristol County
APN: 271018

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Hugh Cole School

Public PreK-5 • Assigned • 1.7mi

8/10

Kickemuit Middle School

Public 6-8 • Assigned • 1.4mi

7/10

Mt. Hope High School

Public 9-12 • Assigned • 3.3mi

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

6/10 Heat Factor

7 days above 96° 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

Warren, RI • 02885

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

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Nearby similar homes

$499,900

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OPEN SAT, 11:30AM TO 1:30PM

$965,000

6 beds3.5 baths4,144 sq ft

36 Kinnicutt Ave, Warren, RI 02885

$750,000

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$450,000

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New listings for sale in 02885

OPEN TODAY, 4:30PM TO 6PM

$709,000

4 beds2 baths2,363 sq ft

614 Child St, Warren, RI 02885

OPEN SAT, 11:30AM TO 1:30PM

$965,000

6 beds3.5 baths4,144 sq ft

36 Kinnicutt Ave, Warren, RI 02885

OPEN SAT, 11AM TO 1PM

$459,000

3 beds2 baths1,100 sq ft

169 Child St, Warren, RI 02885

Home values near 31 Water St

Data from public records.

Address	Redfin Estimate
38 Water Street, Warren, RI 6 Beds \| 2 Baths \| 3034 Sq. Ft.	—
17 Water Street, Warren, RI 4 Beds \| 2.5 Baths \| 2032 Sq. Ft.	$770,107

Address	Redfin Estimate
48 Water Street, Warren, RI 3 Beds \| 2.5 Baths \| 2580 Sq. Ft.	$580,985
39 Water Street, Warren, RI 6 Beds \| 3 Baths \| 2638 Sq. Ft.	—

Address	Redfin Estimate
23 Water Street, Warren, RI 5 Beds \| 2 Baths \| 2506 Sq. Ft.	—
38 Water Street, Warren, RI 6 Beds \| 2 Baths \| 2739 Sq. Ft.	—

Property information provided by RIS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 02885, RI

Sale history for 31 Water St

Tax history for 31 Water St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02885

Home values near 31 Water St

More real estate resources