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$5,500,000

187 Washington Road
Barrington, RI 02806
Listed by Eddie Rayden
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2008

About this home

Highly coveted and scarcely available investment opportunity in Barrington! Great rents and well maintained on nearly an acre. This impressive 14-unit residential complex in one of Rhode Island's most desirable areas sits on nearly an acre just a stone's throw from the beaches, the bike path, schools, and the town center. The property consists of 4 newer buildings, each with 8 high end units all offering 2 bedrooms and 2.5 baths, another well-maintained building, containing 2 units both with 2 bedrooms and 1 bath, and a larger recently converted brick building consisting of 4 high end two-bedroom units, two with 1 bath and two with 1.5 baths. Many units have soaring ceilings, central air, in-unit washer and dryer, and off-street parking. Centrally located with proximity to all of the East Bay, Providence, and Southeastern Massachusetts, this sublime income-generating investment can be yours now!

Property details

MLS #
1389863
Property type
Commercial,Commercial Sale
Subdivision
Washington Road/Bay Spring
Status
Active
Days on market
398
On market date
July 15, 2025
Stories
2
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
27
Lot size
44,023 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Primrose Hill School
0.75 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
331
Student:teacher ratio
15.8:1
District
Barrington
Middle
Barrington Middle School
0.53 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
797
Student:teacher ratio
14.0:1
District
Barrington
High
Barrington High School
1.1 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,119
Student:teacher ratio
13.6:1
District
Barrington

Walkability

Blended score for Barrington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

70
Walkable
out of 100
EPA National Walkability Index
12.3 / 20 -- Above average walkable
Google Places amenity density
83 / 100
Restaurants & cafes11
Grocery stores1
Parks14
Schools12
Transit stops12
Pharmacies2

Market position

How this listing compares to current activity in Barrington, from live MLS data.

On the market 398 days -- 350 more days than Barrington's current average of 48 days.
For reference, the median list price across 113 active listings in Barrington right now is $919,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$33,272/mo
$1,100,000 down
$4,400,000 loan
Principal & interest$28,538
Property tax (est.)$4,583
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.