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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
Garage spaces
N/A
Lot size
0.09 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

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

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.