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$833,000

8 Highview Avenue
Hopkinton, RI 02832
Listed by David Tatangelo
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1840

About this home

Exceptional investment opportunity! This well-maintained 5-unit multifamily residential property is located in a desirable suburban setting on a generous 34,848 sq. ft. lot, offering outstanding income potential with room for future expansion. The property is Lead Certified and Hardwired Fire Code compliant for added peace of mind. Two of the five units have been completely refurbished, featuring modern updates throughout. Additional improvements include vinyl siding, replacement windows, updated electrical service with a common meter, and a durable architectural roof. Strong rental history and solid income-producing property make this an ideal addition to any investment portfolio. Tenants will appreciate the ample off-street parking, while investors will value the property's strong rental appeal, low-maintenance exterior, and potential for future growth. Whether you're looking to expand your portfolio, own a quality income-producing property or possible owner occupied property, this is an opportunity you won't want to miss. Call today to schedule your private showing!

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1419686
Property type
Commercial,Commercial Sale
Subdivision
Hope Valley
Status
Active
Days on market
10
On market date
August 1, 2026
Stories
3
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
12
Lot size
0.8 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.

Elementary
Hope Valley Elementary School
0.45 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
280
Student:teacher ratio
18.7:1
District
Chariho
Middle
Chariho Regional Middle School
4.02 mi away · Grades 5-8
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
906
Student:teacher ratio
12.9:1
District
Chariho
High
Chariho High School
3.94 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
1,084
Student:teacher ratio
13.4:1
District
Chariho

Walkability

Blended score for Hopkinton'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).

34
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
28 / 100
Restaurants & cafes1
Grocery stores0
Parks3
Schools2
Transit stops0
Pharmacies0

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$5,166/mo
$166,600 down
$666,400 loan
Principal & interest$4,322
Property tax (est.)$694
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 12, 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.