$1,749,900
About this home
INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants. The additional building lot creates a rare opportunity for expansion or new construction. With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses and subdivision. Put your mark on this iconic Rhode Island town and property before someone else does!
Property details
- MLS #
- 1415464
- Property type
- Multi Family,Commercial
- Subdivision
- N/A
- Status
- Active
- Days on market
- 12
- On market date
- June 15, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.77 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 177
- Student:teacher ratio
- 11.8:1
- District
- South Kingstown
- Enrollment
- 312
- Student:teacher ratio
- 13.6:1
- District
- Narragansett
- Enrollment
- 489
- Student:teacher ratio
- 13.6:1
- District
- Narragansett
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 27, 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.