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Multi Family at 505 Washington Street, Coventry
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39 photos

$800,000

505 Washington Street
Coventry, RI 02816
Listed by Kyle Seyboth
Bedrooms
10
Bathrooms
6
Living area
N/A
Year built
1850

About this home

Excellent investment opportunity in Coventry, Rhode Island featuring a well-maintained 6-unit residential property with a desirable unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility to accommodate a variety of tenants. This property presents strong income potential in a sought-after and convenient location. Off-street parking adds valuable convenience for residents. Ideally situated with easy access to shopping, dining, and everyday amenities along the Washington Street corridor. Quick access to Route 117 and Interstate 95 allows for an easy commute to Warwick, Cranston, and Providence. Close to Centre of New England, Tiogue Lake, and the Washington Secondary Bike Path for added lifestyle appeal.

Property details

MLS #
1407049
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
151
On market date
March 20, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
N/A
Parking spaces
10
Lot size
0.18 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Tiogue School
1.28 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
314
Student:teacher ratio
12.1:1
District
Coventry
Middle
Alan Shawn Feinstein MS of Cov
1.08 mi away · Grades 6-8
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
981
Student:teacher ratio
11.3:1
District
Coventry
High
West Warwick High School
1.55 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
1,044
Student:teacher ratio
13.4:1
District
West Warwick

Walkability

Blended score for Coventry'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).

73
Walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes14
Grocery stores1
Parks9
Schools3
Transit stops20
Pharmacies1

Market position

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

On the market 151 days -- 100 more days than Coventry's current average of 51 days.
For reference, the median list price across 239 active listings in Coventry right now is $499,900.

Mortgage calculator

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Est. monthly payment
$4,968/mo
$160,000 down
$640,000 loan
Principal & interest$4,151
Property tax (est.)$667
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 18, 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.