See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

194 S Pier Rd, Narragansett, RI, 02882

4beds
2baths
1,728sqft
$999,900
$579price/sqft
$6,455/moest. monthly cost
$258,200/yrincome needed

About This Home

Located in the heart of Narragansett Pier. Beautifully renovated side-by-side two family/duplex offers the perfect blend of modern comfort and an unbeatable coastal location. Just a short walk to the ocean, scenic seawall, The famous Towers, Narragansett Town Beach, public boat ramp, parks, bike path, hiking trails, restaurants and shopping, and all the attractions of the Pier. Both one-level units have been completely updated and thoughtfully renovated, featuring new kitchens and bathrooms, newly installed central air systems, and private laundry in each unit for added convenience. Layout offers comfortable living with excellent flexibility for owner-occupants, vacation use, multi-generational living, or investment potential. Can be rented yearly or seasonally, currently as a month to month tenants to offer the next owner more flexibly. Step outside and enjoy a private backyard perfect for entertaining after a day at the beach, along with plenty of parking for residents and guests. Whether you are searching for a turnkey investment property, summer getaway, or year-round coastal residence, this exceptional duplex combines location, lifestyle, and modern updates in one of Rhode Island’s most desirable seaside communities.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
Narragansett Pier SchoolGrades 5-80.2 mi
10/10
Narragansett High SchoolGrades 9-120.3 mi
9/10

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Plaster,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Dishwasher,Dryer,Oven/Range,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Interior Entry,Unfinished

Bathroom

  • Features: Bath w Tub & Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wall (Dry Wall),Wall (Plaster),Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls),Ceiling Fan(s)
  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Hardwood,Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Oil,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,728
  • Total interior livable area: 1,728 sqft

Property

Details

  • Parcel number: NARRMPB1
  • Attached to another structure: Yes
  • Zoning: R-40
  • Other equipment: Cable TV
  • Foundation area: 1728

Features

  • Stories: 1
  • Waterfront features: Beach,Walk to Salt Water,Walk To Water

Lot

  • Lot size: 0.35 Acres

Parking

  • Total spaces: 8
  • Parking features: No Garage

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Fire
Flood
Severe Storm

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

MonthlyAnnual
Mortgage $5,056$60,672
Home Insurance *$458$5,496
Property Taxes $552$6,624
Electricity $389$4,675
Total$6,455$77,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$221,314/yr
40% on housing$193,650/yr
45% on housing$172,133/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

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.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$579This listing

vs Other Active Listings

Avg $/sqft

ZIP 02882$689
Washington County$616

vs Homes Sold Last Month

Median $/sqft

ZIP 02882$570
Washington County$360

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

DateEventPrice
2026-08-15Contingent$999,900
2026-05-19Listed for sale$999,900
2023-09-29Sold$850,000
2023-08-28Pending sale$949,000
2023-07-17Listed for sale$949,000
2021-04-07Sold$515,000
2020-10-29Sold$300,000
2008-05-11Listing removed$375,000
2007-11-24Listed for sale$375,000

For Sale by Agent

AgentKen Munroe
BrokerageKeller Williams Coastal

Similar Homes