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Multi Family at 223 Point Avenue, Warwick
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39 photos

$735,000

Bedrooms
7
Bathrooms
3
Living area
N/A
Year built
1935
223 Point Avenue
Warwick, RI 02889
Listed by Ownerentry.Com

Highlights

Property type
Multi Family
Lot size
0.25 acres
On market
0 days

About this home

3-Family Steps from Conimicut Beach, on a DOUBLE LOT! Properties like this don't come along often! This 3-family at 223 Point Ave sits in one of Warwick's most loved coastal neighborhoods. Walk to the sand at Conimicut Point Beach for summer swims, sunset strolls and that salty ocean breeze. Then come home and catch peek-a-boo water views from the rear windows! The property is recently renovated, with room to add even more value! Investors: three units of rental income in a desirable beach neighborhood, with room to grow. First-time buyers: move into one unit and let your tenants help pay your mortgage. It's one of the smartest ways to build wealth! Bonus: it sits on a DOUBLE LOT, which may allow you to split off a second lot. Imagine the possibilities! (Buyers should do their own due diligence with the City of Warwick.) Even better: the seller is willing to help with closing costs! Coastal living, rental income and upside, all in one place. Don't wait. Schedule your showing TODAY!

Property details

MLS
Rhode Island Association of REALTORS®
MLS #
1428515
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
November 13, 2026
Stories
2
Total bathrooms
3
Garage spaces
N/A
Parking spaces
6
Lot size
0.25 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
Sherman School
1.48 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
307
Student:teacher ratio
16.2:1
District
Warwick
Middle
Warwick Veterans Middle School
2.3 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
3.06 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).

44
Somewhat walkable
out of 100
EPA National Walkability Index
11.0 / 20 -- Above average walkable
Google Places amenity density
28 / 100
Restaurants & cafes1
Grocery stores0
Parks3
Schools0
Transit stops14
Pharmacies0

Market position

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

On the market 0 days -- 27 fewer days than Warwick's current average of 27 days.
For reference, the median list price across 416 active listings in Warwick right now is $425,000.

Mortgage calculator

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

Adjust tax / insurance estimates
Est. monthly payment
$4,576/mo
$147,000 down
$588,000 loan
Principal & interest$3,814
Property tax (est.)$613
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS®. Last updated 11 hr 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.