Jennifer Rose Young
← INNOVATE Real Estate
Multi Family at 18 Spring Street, Westerly
Multi Family at 18 Spring Street, Westerly, photo 2 of 48
Multi Family at 18 Spring Street, Westerly, photo 3 of 48
Multi Family at 18 Spring Street, Westerly, photo 4 of 48
Multi Family at 18 Spring Street, Westerly, photo 5 of 48
Multi Family at 18 Spring Street, Westerly, photo 6 of 48
Multi Family at 18 Spring Street, Westerly, photo 7 of 48
Multi Family at 18 Spring Street, Westerly, photo 8 of 48
Multi Family at 18 Spring Street, Westerly, photo 9 of 48
Multi Family at 18 Spring Street, Westerly, photo 10 of 48
Multi Family at 18 Spring Street, Westerly, photo 11 of 48
Multi Family at 18 Spring Street, Westerly, photo 12 of 48
Multi Family at 18 Spring Street, Westerly, photo 13 of 48
Multi Family at 18 Spring Street, Westerly, photo 14 of 48
Multi Family at 18 Spring Street, Westerly, photo 15 of 48
Multi Family at 18 Spring Street, Westerly, photo 16 of 48
Multi Family at 18 Spring Street, Westerly, photo 17 of 48
Multi Family at 18 Spring Street, Westerly, photo 18 of 48
Multi Family at 18 Spring Street, Westerly, photo 19 of 48
Multi Family at 18 Spring Street, Westerly, photo 20 of 48
Multi Family at 18 Spring Street, Westerly, photo 21 of 48
Multi Family at 18 Spring Street, Westerly, photo 22 of 48
Multi Family at 18 Spring Street, Westerly, photo 23 of 48
Multi Family at 18 Spring Street, Westerly, photo 24 of 48
Multi Family at 18 Spring Street, Westerly, photo 25 of 48
Multi Family at 18 Spring Street, Westerly, photo 26 of 48
Multi Family at 18 Spring Street, Westerly, photo 27 of 48
Multi Family at 18 Spring Street, Westerly, photo 28 of 48
Multi Family at 18 Spring Street, Westerly, photo 29 of 48
Multi Family at 18 Spring Street, Westerly, photo 30 of 48
Multi Family at 18 Spring Street, Westerly, photo 31 of 48
Multi Family at 18 Spring Street, Westerly, photo 32 of 48
Multi Family at 18 Spring Street, Westerly, photo 33 of 48
Multi Family at 18 Spring Street, Westerly, photo 34 of 48
Multi Family at 18 Spring Street, Westerly, photo 35 of 48
Multi Family at 18 Spring Street, Westerly, photo 36 of 48
Multi Family at 18 Spring Street, Westerly, photo 37 of 48
Multi Family at 18 Spring Street, Westerly, photo 38 of 48
Multi Family at 18 Spring Street, Westerly, photo 39 of 48
Multi Family at 18 Spring Street, Westerly, photo 40 of 48
Multi Family at 18 Spring Street, Westerly, photo 41 of 48
Multi Family at 18 Spring Street, Westerly, photo 42 of 48
Multi Family at 18 Spring Street, Westerly, photo 43 of 48
Multi Family at 18 Spring Street, Westerly, photo 44 of 48
Multi Family at 18 Spring Street, Westerly, photo 45 of 48
Multi Family at 18 Spring Street, Westerly, photo 46 of 48
Multi Family at 18 Spring Street, Westerly, photo 47 of 48
Multi Family at 18 Spring Street, Westerly, photo 48 of 48
48 photos

$625,000

18 Spring Street
Westerly, RI 02891
Listed by Caitlin Pannone
Bedrooms
6
Bathrooms
4
Living area
N/A
Year built
1900

About this home

The bones are right, and the price reflects the work. A buyer who has done this before will see immediately what this property is worth with a little TLC. First time on the market, this rare four-unit multi-family sits a 10-minute walk from historic downtown Westerly, shops, restaurants, the Amtrak station, and just 12 minutes from Westerly's beaches, Misquamicut, and Watch Hill. The first and second-floor units each offer over 1,100 square feet of living space, with two bedrooms, a double parlor, and hardwoods throughout. Unit 1R is a spacious one-bedroom with a formal dining room and large living room with its own private entrance, privacy fence, and side yard. The third floor is a cozy retreat with an extra room for storage or a home office. Recent improvements include all-new replacement windows in Unit 1L completed by October, two brand-new heating systems, and all-new water tanks. A four-bay garage and garden areas complete the property. Fully rented with long-standing tenants, 18 Spring Street offers the year-round consistency and reliability that make it an ideal investment property for investors, owner-occupants, or those looking to add a great property to their portfolio. Property Is Being Sold As-Is.

Highlights

Fireplace

Property details

MLS #
1421097
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 24, 2026
Stories
2
Total bathrooms
4
Garage spaces
4
Parking spaces
14
Lot size
0.31 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
State Street School
0.44 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
246
Student:teacher ratio
10.7:1
District
Westerly
Middle
Westerly Middle School
2.56 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
740
Student:teacher ratio
11.2:1
District
Westerly
High
Westerly High School
0.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
726
Student:teacher ratio
9.9:1
District
Westerly

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,914/mo
$125,000 down
$500,000 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

Similar homes you might like

50 North Main Street
New
$650,000
50 North Main Street
Westerly, 02808
3 bd·4 ba·N/A
0 days on market
Listed by Donna Kennedy
78 Pleasant Street
$625,300
78 Pleasant Street
Westerly, 02891
8 bd·3 ba·N/A
4 days on market
Listed by Brian Turano
76 Pleasant Street
$579,300
76 Pleasant Street
Westerly, 02891
4 bd·2 ba·N/A
4 days on market
Listed by Brian Turano
11 Maybrey Drive
New
$549,900
11 Maybrey Drive
Westerly, 02891
4 bd·2 ba·N/A
0 days on market
Listed by Lynn Azzinaro
139 TOWER Street
$649,900
139 TOWER Street
Westerly, 02891
6 bd·2 ba·N/A
5 days on market
Listed by Betsey DaSilva
55 Pleasant Street
New
$539,900
55 Pleasant Street
Westerly, 02891
6 bd·3 ba·N/A
0 days on market
Listed by Chad Raiche
No photo
New
$615,900
68 Beach Street
Westerly, 02891
5 bd·3 ba·N/A
0 days on market
Listed by Grace Williams
36 Ledward Avenue
$625,000
36 Ledward Avenue
Westerly, 02891
6 bd·2 ba·N/A
75 days on market
Listed by Alpern & Mesenbourg Group

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 days ago.

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.