$997,500

About this home

Exceptional Newer-construction two-family home offering quality craftsmanship, strong income potential, and approximately 4.5 serene private acres with exciting future possibilities. Set in a private compound-like, tranquil setting, this townhouse-style duplex features two spacious units, each offering 2 bedrooms, 2½ bathrooms, and a bright, open-concept floor plan designed for modern living. Each residence features a generous living area with convenient walkout access and a finished walkout lower level, perfect for a guest suite, home office, family room, or additional flexible living space. An outstanding opportunity for investors, owner-occupants, or multigenerational living, with projected rental income of approximately $3,500 per month per unit—$7,000 combined. The expansive acreage offers potential for future barns, garages, workshops, additional outbuildings, or possibly an accessory dwelling unit (ADU), subject to local zoning and approvals. Ideally located just minutes from the University of Rhode Island, making this property attractive to faculty, graduate students, professionals, and other prospective tenants. Conveniently located near South County beaches, restaurants, shopping, and recreation. A rare opportunity to own a newer income-producing property in a peaceful, private compound setting, offering exceptional privacy, flexibility, and long-term potential.

Property details

MLS

Rhode Island Association of REALTORS

MLS #

1421109

Property type

Multi Family

Subdivision

Kenyon

Status

Active

Days on market

29

On market date

August 21, 2026

Stories

2

Total bathrooms

5

Garage spaces

N/A

Parking spaces

10

Lot size

4.46 acres

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.