32 Harris Ave, West Warwick, RI, 02893
About This Home
Exceptional opportunity to acquire a fully occupied, lead-certified four-unit multifamily property with strong in-place cash flow and significant recent improvements. All four units feature 2 bedrooms and 1 bathroom, generating approximately $7,500 per month ($90,000 annually) in gross rental income. Recent capital improvements include a new roof, two new driveways, new rear porches, four new hot water heaters, updated kitchens and bathrooms, and replacement windows. The property is equipped with a commercial fire alarm system that has been recently tested and certified, providing peace of mind for investors. Heating systems include a combination of forced hot air and boiler heat, with tenants responsible for their own heating expenses. Designed with efficiency in mind, the building offers minimal common area and excellent rentable square footage utilization. Situated on a large lot, the property also benefits from ongoing neighborhood investment, including a new townhome development currently under construction just down the street on Harris Avenue. A turnkey investment opportunity offering strong current returns, low-maintenance ownership, and long-term upside.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Concrete Perimeter
- Construction materials: Dry Wall,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Dishwasher,Oven/Range
- Laundry features: In Building
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
Bathroom
- Features: Bath w Tub & Shower
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Wall (Dry Wall),Stairs,Plumbing (Mixed),Insulation (Floors),Insulation (Walls)
- Flooring: Ceramic Tile,Hardwood,Other,Vinyl
- Fireplace features: None
Heating & Cooling
- Heating features: Bottle Gas,Oil,Baseboard,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,979
- Total interior livable area: 2,953 sqft
Property
Details
- Parcel number: WWAR00401710000
- Attached to another structure: Yes
- Zoning: R-8
Features
- Stories: 2
Lot
- Lot size: 0.40 Acres
Parking
- Total spaces: 8
- Parking features: No Garage,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,121 | $49,452 |
| Home Insurance * | $388 | $4,656 |
| Property Taxes | $1,005 | $12,060 |
| Electricity | $601 | $7,216 |
| Total | $6,115 | $73,380 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-25 | Listed for sale | $815,000 |
| 2025-02-23 | Listing removed | $2,000 |
| 2025-02-09 | Listed for rent | $2,000 |
| 2024-12-02 | Sold | $530,000 |
| 2007-10-01 | Sold | $337,500 |
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