Multi Family at 515 Davisville Road, North Kingstown
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$579,900

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

Rare opportunity to own a fully vacant two-family property in desirable North Kingstown. With both units ready for immediate occupancy, the next owner can move into one unit and rent the other, select new tenants for both, or create a flexible multigenerational living arrangement. The second-floor unit offers a traditional two-bedroom layout, while the first-floor unit features charming living space with an additional room ideal for a home office, den or nursery. Together, the property provides four bedrooms, two full bathrooms, a full unfinished basement with laundry and storage, and off-street parking for four vehicles. Conveniently located near Quonset Business Park, Electric Boat, shopping, restaurants, beaches and major commuter routes, this property offers easy access to Route 4 and everything North Kingstown and South County have to offer. An excellent option for an owner-occupant looking to offset housing expenses or an investor ready to establish new rents and choose their own tenants. Motivated seller.

Property details

MLS #
1418202
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
67
On market date
July 18, 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 67 days -- 11 more 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

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

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Est. monthly payment
$3,642/mo
$115,980 down
$463,920 loan
Principal & interest$3,009
Property tax (est.)$483
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 11 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.