Rare investment opportunity to own two separate, charming homes on one lot in Oakland Beach, located one street from the water and a short walk to Brushneck Cove beach. Perfect for owner occupant who wants their own house to live in while renting the other, multigenerational living or investor opportunity. The first house features three bedrooms (one on the first floor), one and a half baths, first floor laundry, a living room with hardwoods, eat-in kitchen, foyer and bonus room and basement for storage. The second house features two bedrooms and one full bath, with a living room, dining room and kitchen on the first floor, and a full basement with laundry. Both homes exude charm and character and have water views. No flood insurance required. Don't miss this opportunity!
Oakland Beach, located between Pawtuxet Cove and Greenwich Bay, is a coastal and residential Warwick neighborhood with a sandy shoreline and a classic seaside streetscape. The neighborhood’s character concentrates along Oakland Beach Avenue near the seawall, where clam shacks, corner markets, and marinas set a salt-air, walk-and-window-shop rhythm. Low-slung cottages and compact capes mix with raised homes built for bay weather, many oriented toward water views and breezes. Oakland Beach Park frames the shoreline with open lawns, a playground, and a long promenade feel. Iggy’s Boardwalk anchors the local food scene with a Rhode Island–style seafood counter and outdoor tables. Nearby, the Oakland Beach Boat Ramp and marinas keep kayaks and small craft in steady motion.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Interior steps
Tub/shower
Bedrooms
Two-bedroom unit
Three-bedroom unit
Bathrooms
2 full bathrooms and 1 half bathroom
Kitchen
Dishwasher, oven, range, refrigerator
Laundry & utility
In-unit laundry
Washer and dryer
Electric and oil water heaters
Flooring
Ceramic tile, hardwood, vinyl
Heating & cooling
Baseboard heating
Electric and oil heating
Exterior features
Deck
Porch
Water view
Walk to water
Home design
Two stories
Parking
Four parking spaces
No garage
Construction
Plaster construction
Concrete perimeter foundation
Utilities
Public water
Public sewer
100-amp electric service
HOA & community
Community amenities include golf, a marina, a recreation area, and restaurants
Financial info
Two-unit property with two buildings
Two-bedroom unit rents for $2,000
Three-bedroom unit rents for $2,400
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity to own two separate, charming homes on one lot in Oakland Beach, located one street from the water. Perfect for owner occupant who wants their own individual house to live in or someone looking for great short term or long term rentals. Both homes have water views! The first house features three bedrooms, one and a half baths, first floor laundry, a living room with hardwoods, eat-in kitchen, foyer and bonus room. It boasts a new heating system and hot water heater, six year old roof, deck and a full basement for storage. The second house features two bedrooms and one full bath upstairs, with a living room, dining room and kitchen on the first floor, and a full basement with laundry. Both homes exude charm and character and are a short walk to the beach and walking distance to Iggy's! No flood insurance required!
RIS #1279177
Aug 6, 2021
Sold
$365,000
$122/sq ft
May 29, 2021
Pending
—
May 13, 2021
Contingent
—
Apr 6, 2021
Listed
$339,000
$113/sq ft
+14
Walk to the beach, restaurants and fireworks! Rare opportunity to own two separate houses on one lot - both with great rental history. This property can be used as an investment property or you can live in one house and have another rent coming in to help pay your mortgage without sharing walls! Also could be multi-generational housing. Beautiful Oakland Beach property one street over from the water. The front house has 3 beds, 1 1/2 bath. Rear house has 2 beds, 1 bath. Separate utilities paid by tenants. New electric heat and new water heater in back house. New furnace in front house. Full unfinished basements in both. First floor laundry hookup in front house. Basement laundry hookup in back house. Roof on back house is 5 years old. COVID-19 protocol in place for all showings. Professional photos to follow.
RIS #843421
Nov 8, 2016
Price Changed
$160,000
$53/sq ft
Oct 18, 2008
Listing Removed
—
May 21, 2008
Listed
$186,000
$62/sq ft
RIS #856283
Dec 19, 2013
Price Changed
$129,500
$43/sq ft
Feb 11, 2009
Sold
$110,000
$37/sq ft
Jan 13, 2009
Listing Removed
—
Oct 21, 2008
Listed
$160,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,306 (+12.4%)
$97,400 + $399,100
$496,500
2024
$5,610 (+2.0%)
$80,500 + $307,200
$387,700
2023
$5,501 (+4.9%)
$80,500 + $307,200
$387,700
2022
$5,244 (+0.8%)
$43,800 + $236,200
$280,000
2021
$5,203
$43,800 + $234,000
$277,800
2020
$5,203
$43,800 + $234,000
$277,800
2019
$5,203 (+27.2%)
$43,800 + $234,000
$277,800
2018
$4,089 (+2.8%)
$43,800 + $152,800
$196,600
2017
$3,979
$43,800 + $152,800
$196,600
2016
$3,979 (−5.0%)
$43,800 + $152,800
$196,600
2015
$4,187 (+3.4%)
$53,200 + $148,600
$201,800
2014
$4,048 (+1.4%)
$53,200 + $148,600
$201,800
2013
$3,994 (+1.6%)
$53,200 + $148,600
$201,800
2012
$3,931
$62,500 + $154,200
$216,700
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Kent County
APN
510139
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Aug 31, 2020 • Active
Electrical
Install ground rods and a grounding electrode conductor.
Electrical
Feb 26, 2009 • Active
Mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
2/10 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 95° 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
Warwick, RI • 02889
Average low and high temperatures (°F)
35
23
36
24
50
34
59
43
67
53
79
62
82
67
78
62
74
59
63
50
54
39
40
27
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
Redfin Estimate for 15 Forrest St
$579,658
$4,658 over list price of $575K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $419K to $625K.