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$645,000

515 Davisville Road
North Kingstown, RI 02852
Listed by Alpern & Mesenbourg Group
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1920

About this home

Investment opportunity in desirable North Kingstown! This two-family property offers immediate rental income and significant upside potential for investors or owner-occupants looking to build equity. Featuring 4 total bedrooms, 2 full bathrooms, a full basement, and a large off-street parking area, the property is well-positioned to benefit from strong rental demand in the Quonset/Davisville corridor. Conveniently located near Quonset Business Park, Electric Boat, shopping, restaurants, beaches, and major commuter routes, this property offers easy access to Route 4 and all that South County has to offer.

Property details

MLS #
1415787
Property type
Multi Family
Subdivision
Davisville
Status
Active
Days on market
10
On market date
June 19, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
4
Lot size
0.09 acres
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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
Forest Park El. School
1.3 mi away · Grades 0-5
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
255
Student:teacher ratio
12.1:1
District
North Kingstown
Middle
Davisville Middle School
0.66 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
492
Student:teacher ratio
12.9:1
District
North Kingstown
High
East Greenwich High
1.62 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
774
Student:teacher ratio
13.1:1
District
East Greenwich

Walkability

Blended score for North Kingstown'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).

61
Walkable
out of 100
EPA National Walkability Index
7.7 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes16
Grocery stores3
Parks4
Schools5
Transit stops14
Pharmacies2

Market position

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

On the market 10 days -- 46 fewer days than North Kingstown's current average of 56 days.
For reference, the median list price across 175 active listings in North Kingstown right now is $650,000.

Mortgage calculator

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Est. monthly payment
$4,034/mo
$129,000 down
$516,000 loan
Principal & interest$3,347
Property tax (est.)$538
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 30, 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.