This home's estimate is 40.3% lower than the average sale price ($1.12M) of 6 comparable homes.
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39 41 Water St, Warren, RI 02885
About this home
Great investment opportunity and location! This renewed three family is located in the very modish Water Street area of Warren, RI. High rental income potential plus the fully updated 3rd floor unit is open to move into if you chose. Just blocks away from award winning restaurants, coffee shops, shops and art galleries. Too many wonderful restaurants, pubs and other venues to list. Water amenities including the Warren Town Beach, Town dock and Marinas which are in very close proximity to this property. Jump on the East Bay Bike path to travel to waterfront communities from Bristol to Providence. This property has some off-street parking. All utilities are separated including gas, electric and water. The exterior of the building has just been clapboarded and painted. Warren is a happening place where both owners and tenants want to live. I hope to see you soon!
Redfin Estimate
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Market trends in 02885, RI
Last updated August 2026
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Provided by Redfin
Sale history for 39 41 Water St
$1/sq ft
$1/sq ft
$180/sq ft
$161/sq ft
Tax history for 39 41 Water St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 3
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 3
- Room Information
- # of Rooms (Total): 15
- Has Basement
- Basement Information: Exterior Entry, Full, Interior Entry, Unfinished
- Laundry Information
- Features: Common Area
- Equipment
- Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
- Interior Features
- Window Features: Thermal Windows
- Flooring: Ceramic Tile, Wood
- Other Features: Tub Shower, Cable TV
- Multi Unit Information
- # Of Units Total: 3
- # Of Buildings: 1
Exterior
- Building Information
- Stories (Total): 3
- Construction Details: Plaster, Clapboard
- Exterior Features
- Exterior Features: Porch
- Patio And Porch Features: Porch
- Lot Information
- Lot Size Area: 3,049
- Lot Size Acres: 0.07
- Waterfront Features: Walk to Water
- Property Information
- Above Grade Finished Area: 2,638
- Foundation Details: Brick/Mortar, Stone
Financial
- Assessments and Fees
- Assessed Value: $252,500
- Tax Information
- Annual Tax Amount: $4,474
- Tax Year: 2021
Utilities
- Utility Information
- Utilities: Sewer Connected, Water Connected
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Connected, Public Sewer, Storm Sewer
- Water Source: Connected, Multiple Meters, Public
- Heating & Cooling
- Has Heating
- Heating: Baseboard, Gas, Hot Water, Zoned
Location
- Community Information
- Community Features: Marina, Public Transportation, Recreation Area, Shopping
Public facts
- Beds: 8
- Baths: 3.0
- Sq. Ft.: 3,262
- Stories: 2.0
- Lot Size: 3,049 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1920
- Year Renovated: —
- County: Bristol County
- APN: 540854
Around this home
Schools
Public PreK-5 • Assigned • 1.7mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 3.3mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 96° expected this year, 15 days in 30 years
80% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
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.
Nearby similar homes
New listings for sale in 02885
Home values near 39 41 Water St
| Address | Redfin Estimate |
|---|---|
6 Beds | 2 Baths | 3034 Sq. Ft. | $610,436 |
8 Beds | 3 Baths | 3286 Sq. Ft. | $732,515 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2580 Sq. Ft. | $567,105 |
5 Beds | 2 Baths | 2506 Sq. Ft. | $558,723 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 2 Baths | 3254 Sq. Ft. | $532,765 |
4 Beds | 2.5 Baths | 2032 Sq. Ft. | $705,237 |
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