Discover a remarkable investment opportunity at 20-22 Reed St in Warwick's Pontiac neighborhood. This two-family side-by-side duplex combines style and functionality, offering three bedrooms in each unit with numerous interior upgrades for modern living. One unit is vacant, ready for immediate occupancy or a new tenant, while the other is rented month-to-month, providing flexible income potential. Each unit has their own access to the basement along with on-site laundry. The property boasts individual decks overlooking a fenced backyard, ideal for relaxation or entertainment. A detached garage adds convenience and storage options. Located near highway access, this home is minutes away from NYLO, Apponaug Brewery, Warwick Mall, and Route 2's vast amenities, including diverse dining choices. Whether as a savvy investment or a residence with rental income, 20-22 Reed St is perfectly positioned for convenience and lifestyle, making it an ideal choice for investors or those seeking a comfortable living space with added financial benefits.
MOST OF THE WORK HAS BEEN DONE! NEW HEAT, HW, WIRING, WINDOWS & ROOF. NEEDS FINISHING TOUCHS ~ DRYWALL, MOULDINGS, FLOOR SANDING. SPACIOUS UNITS WITH 3 BEDS EACH ON 10,000SF FENCED CORNER LOT WITH GARAGE. TOLLGATE SCHOOLS. LOTS OF POTENTIAL HERE.
RIS #434551
May 27, 2004
Sold
$245,000
$130/sq ft
Apr 30, 2004
Listing Removed
—
Mar 23, 2004
Listed
$229,900
$122/sq ft
SIDE BY SIDE, UP AND DOWN. TOLLGATE SCHOOLS. OWNER OCCUPIED. FENCED 10+ SQ CORNER LOT, DETACHED GAR. HEAT ON TENANT SIDE 10 YEARS OLD. NEWPRO WINDOWS, ROOF 10 YEARS OLD. BATH 8 YEARS OLD. SELLER TO FIND SUIT HOUSING
Year
Property tax
Land + Additions
Assessment*
2025
$5,095 (+18.6%)
$107,300 + $293,900
$401,200
2024
$4,295 (+3.4%)
$90,300 + $206,500
$296,800
2023
$4,152 (+27.4%)
$90,300 + $202,300
$292,600
2022
$3,259
$54,600 + $119,400
$174,000
2021
$3,259
$54,600 + $119,400
$174,000
2020
$3,259
$54,600 + $119,400
$174,000
2019
$3,259 (+0.2%)
$54,600 + $119,400
$174,000
2018
$3,251 (+2.7%)
$58,000 + $98,300
$156,300
2017
$3,164
$58,000 + $98,300
$156,300
2016
$3,164 (+1.0%)
$58,000 + $98,300
$156,300
2015
$3,133 (+3.4%)
$61,400 + $89,600
$151,000
2014
$3,029 (+1.4%)
$61,400 + $89,600
$151,000
2013
$2,988 (−7.2%)
$61,400 + $89,600
$151,000
2012
$3,220
$72,300 + $105,200
$177,500
Tax history for 20 22 Reed St
Year
Property tax
Land + Additions
Assessment*
2025
$5,095 (+18.6%)
$107,300 + $293,900
$401,200
2024
$4,295 (+3.4%)
$90,300 + $206,500
$296,800
2023
$4,152 (+27.4%)
$90,300 + $202,300
$292,600
2022
$3,259
$54,600 + $119,400
$174,000
2021
$3,259
$54,600 + $119,400
$174,000
2020
$3,259
$54,600 + $119,400
$174,000
2019
$3,259 (+0.2%)
$54,600 + $119,400
$174,000
2018
$3,251 (+2.7%)
$58,000 + $98,300
$156,300
2017
$3,164
$58,000 + $98,300
$156,300
2016
$3,164 (+1.0%)
$58,000 + $98,300
$156,300
2015
$3,133 (+3.4%)
$61,400 + $89,600
$151,000
2014
$3,029 (+1.4%)
$61,400 + $89,600
$151,000
2013
$2,988 (−7.2%)
$61,400 + $89,600
$151,000
2012
$3,220
$72,300 + $105,200
$177,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Interior Features
Flooring: Carpet, Ceramic Tile, Laminate
Other Features: Attic, Tub Shower
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Exterior
Building Information
Stories (Total): 2
Construction Details: Drywall, Plaster, Vinyl Siding
Exterior Features
Exterior Features: Deck, Paved Driveway
Patio And Porch Features: Deck
Fencing: Fenced
Lot Information
Lot Size Area: 10,018
Lot Size Acres: 0.23
Waterfront Features: Walk to Water
Property Information
Above Grade Finished Area: 1,890
Foundation Details: Concrete Perimeter
Financial
Assessments and Fees
Assessed Value: $292,600
Tax Information
Annual Tax Amount: $4,152
Tax Year: 2023
Utilities
Utility Information
Utilities: Sewer Connected
Electric: 100 Amp Service, Circuit Breakers
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Heating
Heating: Oil, Steam
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
Public facts
Beds: 6
Baths: 2.5
Sq. Ft.: 1,890
Stories: 2.0
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1875
Year Renovated: —
County: Kent County
APN: 495624
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Scott School
Public K-5 • Assigned • 2.2mi
7/10
Winman Junior High School
Public 6-8 • Assigned • 2.0mi
5/10
Toll Gate High School
Public 9-12 • Assigned • 2.0mi
5/10
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 96° expected this year, 16 days in 30 years
6/10 Wind Factor
74% 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 • 02886
Average low and high temperatures (°F)
35
21
37
23
51
34
60
42
68
52
80
62
83
67
79
62
74
58
64
48
54
38
40
26
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
Estimated sale price
$527,000 – $638,000
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