Multi Family at 15 Forrest Street, Warwick

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36 photos

$575,000

15 Forrest Street

Warwick, RI 02889

Listed by Adam Wilks

Bedrooms

Bathrooms

2.5

Living area

N/A

Year built

1915

About this home

Rare investment opportunity to own two separate, charming homes on one lot in Oakland Beach, located one street from the water and a short walk to Brushneck Cove beach. Perfect for owner occupant who wants their own house to live in while renting the other, multigenerational living or investor opportunity. The first house features three bedrooms (one on the first floor), one and a half baths, first floor laundry, a living room with hardwoods, eat-in kitchen, foyer and bonus room and basement for storage. The second house features two bedrooms and one full bath, with a living room, dining room and kitchen on the first floor, and a full basement with laundry. Both homes exude charm and character and have water views. No flood insurance required. Don't miss this opportunity!

Property details

MLS #: 1423611
Property type: Multi Family
Subdivision: Oakland Beach/Brushneck Cove
Status: Active
Days on market: 2
On market date: October 9, 2026
Stories: 2
Total bathrooms: 2.5
Garage spaces: N/A
Parking spaces: 4
Lot size: 0.11 acres

Location

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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.

Elementary

Oakland Beach School

0.68 mi away · Grades -1-5

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: 327
Student:teacher ratio: 10.5:1
District: Warwick

Middle

Warwick Veterans Middle School

1.13 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: 1,160
Student:teacher ratio: 12.3:1
District: Warwick

High

Pilgrim High School

3.97 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: 1,176
Student:teacher ratio: 10.9:1
District: Warwick

Walkability

Blended score for Warwick'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).

Walkable

out of 100

EPA National Walkability Index

14.8 / 20 -- Above average walkable

Google Places amenity density

40 / 100

Restaurants & cafes6

Grocery stores0

Parks8

Schools0

Transit stops9

Pharmacies0

Market position

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

On the market 2 days -- 41 fewer days than Warwick's current average of 43 days.

For reference, the median list price across 533 active listings in Warwick right now is $429,900.

Mortgage calculator

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

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$3,613/mo

$115,000 down

$460,000 loan

Principal & interest$2,984

Property tax (est.)$479

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 1 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.