SOLD DEC 12, 2025

Off Market Dec 2025 for $600K

$693,964

•

3,852

sq ft

4 Pearl St, Westerly, RI 02891

About this home

An incredible investment opportunity awaits in Westerly's rapidly growing Historic North End. This well-maintained 4-family property has been owned by the same meticulous owner since 1993, showcasing over three decades of pride in ownership and consistent care. Each unit is in very good condition, and the property's mechanicals have been thoughtfully updated over time, offering both stability and peace of mind for any new owner. Currently generating $4,300 per month ($52,000 annually) in rental income, this property presents a clear value-add opportunity with undermarket rents in one of Westerly's most up-and-coming neighborhoods. All units feature gas heat and are fully leased, making this a wonderful investment from day one. The location couldn't be more convenient just minutes to I-95, Downtown Westerly, Amtrak Station, shops, and restaurants, providing strong tenant appeal and long-term appreciation potential.

Multi-familyProperty Type

1928Year Built

0.37 acresLot Size

$180Est. Price/Sq.Ft.

8 spacesParking

Listed by Lisa Raiche • Town & Shore Realty

Listed by Chad Raiche • Town & Shore Realty

Bought with Chad Raiche • Town & Shore Realty

Redfin checked: 5 minutes ago

•Source:RIS #1398560

Redfin Estimate

$693,964

$94K since sold in December 2025$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 44.3% higher than the average sale price ($481K) of 6 comparable homes.

SOLD MAY 28, 2026
$260,000
A
4 beds2 baths1,860 sq ft
2695 Gold Star Hwy, Mystic, CT 06355
SOLD JUL 30, 2026
$780,000
B
4 beds2.5 baths2,604 sq ft
25 Linda Ave, Mystic, CT 06355
SOLD JUL 20, 2026
$455,000
C
4 beds2 baths2,128 sq ft
12 Garden Ct, Mystic, CT 06355
SOLD MAY 29, 2026
$389,900
D
4 beds2 baths1,664 sq ft
335 Cow Hill Rd, Mystic, CT 06355
BOUGHT WITH REDFIN JUN 9, 2026
$453,000
E
4 beds3 baths2,550 sq ft
15 Country Club Dr, Ledyard, CT 06339
SOLD JUL 23, 2026
$547,000
F
3 beds2 baths1,982 sq ft
340 Cow Hill Rd, Mystic, CT 06355

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 02891, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

1.3% MoM

Median sale price

$735K

$110K MoM

Avg. days on market

25d

1 days MoM

Recently sold homes

6 MoM

New listings for sale

$529,000
4 beds2 baths3,816 sq ft
160 160 Westerly Bradford Rd, Westerly, RI 02891
OPEN SUN, 10:30AM TO 12PM
$549,900
2 beds1 bath1,789 sq ft
3 Pauline St, Westerly, RI 02891
NEW 32 HRS AGO
$2,300,000
3 beds1.5 baths1,596 sq ft
12 Brightman Way, Westerly, RI 02891
$349,000
2 beds1 bath1,056 sq ft
88 Old Post Rd #6, Westerly, RI 02891
FOR SALE BY OWNER
$525,000
3 beds2 baths1,352 sq ft
30 Cosmo St, Westerly, RI 02891
OPEN SUN, 11AM TO 1PM
$525,000
3 beds2 baths1,379 sq ft
39 Riverdale Rd, Westerly, RI 02891
$920,000
5 beds2.5 baths3,302 sq ft
11 Seabury Dr, Westerly, RI 02891
OPEN SUN, 11AM TO 12:30PM
$289,900
2 beds1.5 baths907 sq ft
22 Apache Dr Unit B, Westerly, RI 02891
$1,900,000
4 beds2 baths1,700 sq ft
497 Atlantic Ave, Westerly, RI 02891
$499,000
3 beds2 baths1,144 sq ft
11 Wilder Ave, Westerly, RI 02891
See all

Provided by Redfin

Sale history for 4 Pearl St

Date

Event

Price

RIS #1398560

Dec 12, 2025

Sold

$600,000

$156/sq ft

Nov 1, 2025

Pending

—

Oct 23, 2025

Listed

$675,000

$175/sq ft

RIS #1398199

Oct 23, 2025

Listing Removed

—

Oct 18, 2025

Listed

$675,000

$175/sq ft

RIS #1398030

Oct 17, 2025

Listing Removed

—

Oct 16, 2025

Listed

$675,000

$175/sq ft

RIS #650092

Nov 8, 2016

Price Changed

$350,000

$91/sq ft

Feb 8, 2007

Listing Removed

—

Jul 18, 2006

Listed

$380,000

$99/sq ft

Smart MLS #E189962

Feb 17, 2007

Listing Removed

—

Jul 17, 2006

Listed

$350,000

$91/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,966 (+19.5%)

$146,800 + $234,400

$381,200

2024

$2,483 (+2.9%)

$105,600 + $132,000

$237,600

2023

$2,414 (+0.6%)

$105,600 + $132,000

$237,600

2022

$2,400 (−9.2%)

$105,600 + $132,000

$237,600

2021

$2,644 (+1.8%)

$92,200 + $127,000

$219,200

2020

$2,598 (+1.0%)

$92,200 + $127,000

$219,200

2019

$2,573 (−3.7%)

$92,200 + $127,000

$219,200

2018

$2,671 (+2.9%)

$92,200 + $124,100

$216,300

2017

$2,596

$92,200 + $124,100

$216,300

2016

$2,596

$92,200 + $124,100

$216,300

2015

$2,597 (+1.6%)

$94,000 + $137,300

$231,300

2014

$2,556 (+1.4%)

$94,000 + $137,300

$231,300

2013

$2,521 (+0.3%)

$94,000 + $137,300

$231,300

2012

$2,514

$104,200 + $144,500

$248,700

Tax history for 4 Pearl St

Year

Property tax

Land + Additions

Assessment*

2025

$2,966 (+19.5%)

$146,800 + $234,400

$381,200

2024

$2,483 (+2.9%)

$105,600 + $132,000

$237,600

2023

$2,414 (+0.6%)

$105,600 + $132,000

$237,600

2022

$2,400 (−9.2%)

$105,600 + $132,000

$237,600

2021

$2,644 (+1.8%)

$92,200 + $127,000

$219,200

2020

$2,598 (+1.0%)

$92,200 + $127,000

$219,200

2019

$2,573 (−3.7%)

$92,200 + $127,000

$219,200

2018

$2,671 (+2.9%)

$92,200 + $124,100

$216,300

2017

$2,596

$92,200 + $124,100

$216,300

2016

$2,596

$92,200 + $124,100

$216,300

2015

$2,597 (+1.6%)

$94,000 + $137,300

$231,300

2014

$2,556 (+1.4%)

$94,000 + $137,300

$231,300

2013

$2,521 (+0.3%)

$94,000 + $137,300

$231,300

2012

$2,514

$104,200 + $144,500

$248,700

*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

0.37 Acres

Year renovated

—

Sq. Ft.

2,852

Year built

1928

Style

Multi-Family (5+ Unit)

County

Washington County

APN

238489

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

HDR-6

High-Density Residential 6 District

High-Density Residential 6 Zoning Districts are intended primarily for areas of existing residential development. These zoning districts are designed for areas where existing densities are high, close to saturation, which include a variety of housing types. These areas are served by municipal water. Also except Misquamicut, they are served by municipal sewers

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Park & open space
Water related

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 8

Interior

Bathroom Information
# of Full Bathrooms: 4

Room Information
# of Rooms (Total): 16
Has Basement
Basement Information: Full, Unfinished

Equipment
Appliances: Gas Water Heater

Interior Features
Flooring: Vinyl

Multi Unit Information
# Of Units Total: 4
# Of Buildings: 1

Multi Unit Financial Information
Operating Expense: $32,314

Exterior

Building Information
Stories (Total): 3
Construction Details: Vinyl Siding

Lot Information
Lot Size Area: 16,117
Lot Size Acres: 0.37

Property Information
Above Grade Finished Area: 3,852

Financial

Assessments and Fees
Assessed Value: $381,200

Tax Information
Annual Tax Amount: $2,710.33
Tax Year: 2025

Utilities

Utility Information
Utilities: Sewer Connected
Sewer: Connected
Water Source: Connected

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Gas

Location

Community Information
Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Public facts

Beds: 8
Baths: 4.0
Sq. Ft.: 2,852
Stories: 2.0
Lot Size: 0.37 acres
Style: Multi-Family (5+ Unit)
Year Built: 1928
Year Renovated: —
County: Washington County
APN: 238489

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Springbrook Elementary School

Public K-4 • Assigned • 1.0mi

7/10

Westerly Middle School

Public 5-8 • Assigned • 3.4mi

7/10

Westerly High School

Public 9-12 • Assigned • 0.9mi

7/10

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 91° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Westerly, RI • 02891

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 9.1 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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160 160 Westerly Bradford Rd, Westerly, RI 02891

OPEN SUN, 10:30AM TO 12PM

$549,900

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NEW 32 HRS AGO

$2,300,000

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$349,000

2 beds1 bath1,056 sq ft

88 Old Post Rd #6, Westerly, RI 02891

FOR SALE BY OWNER

$525,000

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30 Cosmo St, Westerly, RI 02891

OPEN SUN, 11AM TO 1PM

$525,000

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39 Riverdale Rd, Westerly, RI 02891

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Home values near 4 Pearl St

Data from public records.

Address	Redfin Estimate
10 Pearl St, Westerly, RI 4 Beds \| 3 Baths \| 4157 Sq. Ft.	$635,550
14 Pearl St, Westerly, RI 4 Beds \| 2 Baths \| 2268 Sq. Ft.	$466,569

Address	Redfin Estimate
11 Pearl St, Westerly, RI 5 Beds \| 3 Baths \| 2828 Sq. Ft.	$549,701
10 Pearl St, Westerly, RI 4 Beds \| 3 Baths \| 2400 Sq. Ft.	$592,854

Address	Redfin Estimate
12 Pearl St, Westerly, RI 4 Beds \| 2 Baths \| 4441 Sq. Ft.	$519,942
11 Pearl St, Westerly, RI 5 Beds \| 3 Baths \| 2828 Sq. Ft.	$549,006

Property information provided by RIS when last listed in 2025. 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 02891, RI

Sale history for 4 Pearl St

Tax history for 4 Pearl St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 02891

Home values near 4 Pearl St

More real estate resources