OFF MARKET

Off Market Apr 2023 for $499K

$626,801

•

5,082

sq ft

49 Spring St, Westerly, RI 02891

About this home

Welcome to 49 Spring Street, a lovingly cared for home over the years. This is a rare find of a ranch style multi family with 3 units, 2 of which are first floor apartments. Neat and tidy, this property features natural connected gas for heat, beautiful original wood floors and replaced windows bringing in bright light throughout. Each first floor unit has 2 bedrooms and 1 bath with deck access. The fully renovated 3rd unit has 1 bedroom in the lower level with back door access and large windows overlooking yard. An under car garage is accessed from the back next to the unfinished basement space. Each unit is on its' own metered gas and electric. Unit 2 and 3 on month to month lease. All of this in the heart of Westerly. Enjoy relaxing on the expansive deck or strolling the sidewalk lined neighborhood. Walk to breakfast or dinner in downtown. Restaurants, groceries or Wilcox Park a short walk away. Shared driveway. HIGHEST AND BEST OFFERS DUE BY SATURDAY 3/11 AT 7PM

Multi-familyProperty Type

1940Year Built

0.26 acresLot Size

$123Est. Price/Sq.Ft.

1 car garageParking

Listed by Holly Powell • BHHS New England Properties

Bought with Don Geehan • Randall, REALTORS Compass

Redfin checked: 2 minutes ago

•Source:RIS #1331048

Redfin Estimate

$626,801

$128K since sold in April 2023$35K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.8% higher than the average sale price ($587K) of 6 comparable homes.

SOLD JUL 9, 2026
$479,000
A
4 beds2 baths1,883 sq ft
26 Field St, Pawcatuck, CT 06379
SOLD AUG 3, 2026
$503,000
B
4 beds3 baths2,478 sq ft
82 Wells St, Westerly, RI 02891
SOLD MAY 26, 2026
$525,000
C
5 beds3 baths5,091 sq ft
14 George St, Westerly, RI 02891
SOLD MAR 11, 2026
$800,000
D
4 beds2.5 baths2,850 sq ft
28 Spruce St, Westerly, RI 02891
SOLD JAN 22, 2026
$565,000
E
4 beds2 baths1,388 sq ft
44 George St, Westerly, RI 02891
SOLD MAY 27, 2026
$650,000
F
3 beds3 baths2,024 sq ft
37 William St, Pawcatuck, CT 06379

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Earn from this home

Sell

$214,738

Est. take-home

List your home with Redfin and save $6,268

Market trends in 02891, RI

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

+0.2% MoM

Median sale price

$625K

$25K MoM

Avg. days on market

32d

3 days MoM

Recently sold homes

8 MoM

New listings for sale

NEW 2 HRS AGO
$499,999
3 beds2 baths1,144 sq ft
11 Wilder Ave, Westerly, RI 02891
OPEN WED, 4:30PM TO 6PM
$625,000
6 beds4 baths3,614 sq ft
18 Spring St, Westerly, RI 02891
COMING SOON
$655,000
4 beds2.5 baths1,889 sq ft
10 Lofty Heights Rd, Westerly, RI 02891
$240,000
1 bed1 bath750 sq ft
140 High St #304, Westerly, RI 02891
$69,000
1 bed1 bath399 sq ft
118 Unit12 Dunns Corner Rd, Westerly, RI 02891
COMING SOON
$399,000
2 beds1 bath910 sq ft
51 Westminster St, Westerly, RI 02891
$350,000
1 bed1 bath608 sq ft
12 Canal St #206, Westerly, RI 02891
FOR SALE BY OWNER
$1,275,000
4 beds2 baths2,029 sq ft
5 Rip Tide Dr, Westerly, RI 02891
$879,000
2 beds3.5 baths2,819 sq ft
4 Blue Heron Dr, Westerly, RI 02891
$549,900
4 beds2 baths2,160 sq ft
11 Maybrey Dr, Westerly, RI 02891
See all

Provided by Redfin

Sale history for 49 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$3,311 (+2.4%)

$153,200 + $272,400

$425,600

2024

$3,232 (+4.4%)

$109,800 + $199,500

$309,300

2023

$3,096 (+1.8%)

$109,800 + $194,900

$304,700

2022

$3,041 (+2.0%)

$109,800 + $191,300

$301,100

2021

$2,981 (+1.8%)

$95,700 + $151,500

$247,200

2020

$2,929 (+0.9%)

$95,700 + $151,500

$247,200

2019

$2,902 (+3.3%)

$95,700 + $151,500

$247,200

2018

$2,808 (+2.9%)

$95,700 + $131,700

$227,400

2017

$2,729

$95,700 + $131,700

$227,400

2016

$2,729 (+4.4%)

$95,700 + $131,700

$227,400

2015

$2,615 (+1.6%)

$97,600 + $135,300

$232,900

2014

$2,574 (+1.4%)

$97,600 + $135,300

$232,900

2013

$2,539 (+0.8%)

$97,600 + $135,300

$232,900

2012

$2,520

$108,300 + $141,000

$249,300

Tax history for 49 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$3,311 (+2.4%)

$153,200 + $272,400

$425,600

2024

$3,232 (+4.4%)

$109,800 + $199,500

$309,300

2023

$3,096 (+1.8%)

$109,800 + $194,900

$304,700

2022

$3,041 (+2.0%)

$109,800 + $191,300

$301,100

2021

$2,981 (+1.8%)

$95,700 + $151,500

$247,200

2020

$2,929 (+0.9%)

$95,700 + $151,500

$247,200

2019

$2,902 (+3.3%)

$95,700 + $151,500

$247,200

2018

$2,808 (+2.9%)

$95,700 + $131,700

$227,400

2017

$2,729

$95,700 + $131,700

$227,400

2016

$2,729 (+4.4%)

$95,700 + $131,700

$227,400

2015

$2,615 (+1.6%)

$97,600 + $135,300

$232,900

2014

$2,574 (+1.4%)

$97,600 + $135,300

$232,900

2013

$2,539 (+0.8%)

$97,600 + $135,300

$232,900

2012

$2,520

$108,300 + $141,000

$249,300

*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
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

—

Sq. Ft.

1,680

Year built

1940

Style

Multi-Family (2-4 Unit)

County

Washington County

APN

465430

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

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 1

Parking
Features: Built In
# of Parking (Total): 5
# of Covered Spaces: 1

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 14
Has Basement
Basement Information: Full, Partially Finished, Walk-Out Access

Laundry Information
Features: In Unit

Equipment
Appliances: Electric Water Heater, Gas Water Heater

Interior Features
Window Features: Skylight(s)
Flooring: Hardwood, Laminate
Other Features: Skylights, Cable TV

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

Multi Unit Financial Information
Operating Expense: $3,000

Exterior

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

Exterior Features
Exterior Features: Deck
Patio And Porch Features: Deck

Lot Information
Lot Size Area: 11,326
Lot Size Acres: 0.26
Zoning: R6

Property Information
Above Grade Finished Area: 5,082
Foundation Details: Stone

Financial

Assessments and Fees
Assessed Value: $301,100

Tax Information
Annual Tax Amount: $2,750
Tax Year: 2023

Utilities

Utility Information
Utilities: Sewer Connected
Electric: 100 Amp Service
Sewer: Connected
Water Source: Connected

Heating & Cooling
Has Heating
Heating: Gas

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 1,680
Stories: 1.0
Lot Size: 0.26 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: —
County: Washington County
APN: 465430

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

State Street School

Public K-4 • Assigned • 0.3mi

9/10

Westerly Middle School

Public 5-8 • Assigned • 2.5mi

7/10

Westerly High School

Public 9-12 • Assigned • 0.7mi

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

Estimated sale price

$596,000 – $721,000

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Nearby similar homes

$625,300

8 beds3 baths6,709 sq ft

78 Pleasant St, Westerly, RI 02891

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55 Pleasant St, Westerly, RI 02891

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36 Ledward Ave, Westerly, RI 02891

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11 Maybrey Dr, Westerly, RI 02891

$2,200,000

4 beds2 baths1,700 sq ft

497 Atlantic Ave, Westerly, RI 02891

$354,900

4 beds3 baths3,057 sq ft

1 Side Hill St, Hope Valley, RI 02832

New listings for sale in 02891

NEW 2 HRS AGO

$499,999

3 beds2 baths1,144 sq ft

11 Wilder Ave, Westerly, RI 02891

OPEN WED, 4:30PM TO 6PM

$625,000

6 beds4 baths3,614 sq ft

18 Spring St, Westerly, RI 02891

COMING SOON

$655,000

4 beds2.5 baths1,889 sq ft

10 Lofty Heights Rd, Westerly, RI 02891

$240,000

1 bed1 bath750 sq ft

140 High St #304, Westerly, RI 02891

$69,000

1 bed1 bath399 sq ft

118 Unit12 Dunns Corner Rd, Westerly, RI 02891

COMING SOON

$399,000

2 beds1 bath910 sq ft

51 Westminster St, Westerly, RI 02891

$350,000

1 bed1 bath608 sq ft

12 Canal St #206, Westerly, RI 02891

FOR SALE BY OWNER

$1,275,000

4 beds2 baths2,029 sq ft

5 Rip Tide Dr, Westerly, RI 02891

$879,000

2 beds3.5 baths2,819 sq ft

4 Blue Heron Dr, Westerly, RI 02891

Home values near 49 Spring St

Data from public records.

Address	Redfin Estimate
60 Spring St, Westerly, RI 3 Beds \| 2 Baths \| 1410 Sq. Ft.	$520,775
60 Spring St, Westerly, RI 4 Beds \| 2 Baths \| 1410 Sq. Ft.	$527,450

Address	Redfin Estimate
47 Spring St, Westerly, RI 3 Beds \| 1.5 Baths \| 1320 Sq. Ft.	$419,500
60 Spring St, Westerly, RI 3 Beds \| 2 Baths \| 1410 Sq. Ft.	$507,789

Address	Redfin Estimate
51 Spring St, Westerly, RI 2 Beds \| 1 Baths \| 912 Sq. Ft.	$380,981
47 Spring St, Westerly, RI 2 Beds \| 2 Baths \| 660 Sq. Ft.	$372,653

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

Earn from this home

Market trends in 02891, RI

Sale history for 49 Spring St

Tax history for 49 Spring St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02891

Home values near 49 Spring St

More real estate resources