3862 Mendon Rd, Cumberland, RI, 02864
About This Home
Exceptional multi-family opportunity in the heart of Cumberland, Rhode Island, featuring a high-demand 2-unit residential home sold alongside a freestanding 800-square-foot commercial building on a single prime parcel. Perfectly tailored for savvy investors, owner-occupants looking to house-hack, or multi-generational living arrangements, the well-appointed two-family residence offers substantial income potential and exceptional floorplan versatility. Each residential unit benefits from low-maintenance, fully connected municipal utilities—including public town water, town sewer, and natural gas—making tenant utility management seamless. Ideally situated with high visibility, effortless regional commuting access, and close proximity to local dining, schools, and parks, this multi-unit property generates strong year-round rental demand while providing the unique added value and extra income stream of an on-site commercial space.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Construction materials: Plaster
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Dishwasher,Dryer,Microwave,Oven/Range,Refrigerator,Washer
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished,Laundry,Utility
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Wall (Plaster),Plumbing (Mixed)
- Flooring: Hardwood
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas,Steam
- Cooling features: None
Interior Area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
Property
Details
- Parcel number: CUMBM053B0378L000
- Attached to another structure: Yes
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Lot size: 0.32 Acres
- Features: Sidewalks
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
- Cold Wave
- Heat Wave
- Inland Flooding
- 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 | $2,780 | $33,360 |
| Home Insurance * | $210 | $2,520 |
| Property Taxes | $544 | $6,528 |
| Electricity | $389 | $4,675 |
| Total | $3,923 | $47,076 |
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 |
|---|---|---|
| 2026-07-31 | Listed for sale | $549,900 |
View on Zillow