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Sold on 04/30/2025

15 Thompson St, Warren, RI 02885

$699,000

Last sold 04/30/2025 for $740K

  • 5

    bed

  • 5

    bath

  • 2,900

    Sqft ($255/Sqft)

Multi-family not for sale
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About 15 Thompson St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 2,919 Sqft
Movoto estimate
Property description
Fantastic turnkey investment in charming Warren, RI! Well-maintained 5-unit property features five 1-bed units with separate utilities, tenant-paid heat, and full appliances. Steps from vibrant downtown—shops, dining, waterfront parks, and East Bay Bike Path. City water/sewer, vinyl siding, ample parking on quiet dead-end street. Rents below market offer strong upside. Includes 3 bonus rooms ideal for office/storage. Steady cash flow, prime location—a smart addition to your portfolio!
Listed by
Listing Agent - Emilio DiSpirito
Listing Office - Engel & Volkers East Greenwich
Source: MLS Property Information Network, Inc. mls logo
MLS#73362097 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 10 minutes ago
Overview
Cooling/AC None
Heating Natural Gas
Levels/Style 9, 9
MLS # 73362097
Type Residential Income
Status Active
SubType 5+ Family - 5+ Units Up/Down
SqFt 2900
Lot Size (SqFt) 2919
Lot Size (Acres) 0.07
Annual Property Tax 4629
Year Built 1900
Interior
Total # of Bathrooms 5
# Full Baths 5
Total # of Bedrooms 5
Basement Full, Unfinished
Total # of Rooms 15
Flooring Vinyl, Tile
Appliances Range, Refrigerator
Interior Features Bathroom With Shower Stall, Bathroom With Tub, Cathedral/Vaulted Ceilings, Living Room, Kitchen
Exterior
Foundation Concrete Perimeter
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street
# Parking Spaces 4
Exterior Features Rain Gutters
Patio/ Porch Porch
Lot Desc Cul-De-Sac
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range
Electricity Circuit Breakers, 100 Amp Service
Water Source Public
Location
County Bristol
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Private School, Public School
Zoning R6
APN M:1 L:47, 538576
Directions GPS
Multifamily Details
Rent Includes Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Net Operating Income 45398
Operating Expense 14302
Total Actual Rent 4225
Financial Data Source Owner, Pro. Forma Available
Expense: Water/ Sewer 634
Gross Income 59700
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
$699K
Range: $573K-$824K
Last 30 days 
  • Jul 2025
    mls logo MLS # 73362097
  • Jul 1, 2025 Sold
    $740,000
  • Apr 21, 2025 Listed
    $750,000
  • Jul 2025
    mls logo MLS # 1382522
  • Jul 1, 2025 Sold
    $740,000
  • Jun 12, 2025 Pending
    —
  • Apr 29, 2025 Active
    —
  • Apr 21, 2025 Listed
    $750,000 (-11.8%)
  • Jul 2025
    Public Records
  • Jul 1, 2025 Sold
    $740,000 (-1.3%)
  • Apr 2025
    mls logo MLS # 1381527
  • Apr 7, 2025 Listed
    $850,000 (+183.3%)
  • May 2022
    Public Records
  • May 9, 2022 Sold
    $300,000 (+62.2%)
  • Sep 2014
    Public Records
  • Sep 30, 2014 Sold
    $185,000
  • Year Property taxes Tax assessment
  • 2025
    $4,774 +3.1%
    $320,600
  • 2024
    $4,629 +5.7%
    $320,600
  • 2023
    $4,379 -0.1%
    $320,600 +31.66%
  • 2022
    $4,385 +1.6%
    $243,500
  • 2021
    $4,315 +2.1%
    $243,500
  • 2020
    $4,227 -1.6%
    $243,500
  • 2015
    $4,296
    —
  • 15 Thompson St
    $740K
  • —
  • 02885
    $407K -15% y/y
  • Warren
    $485K -23% y/y
No chart available
Statistics calculated by Movoto

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8/10
Mt. Hope High School
public Grades 9-12
Bristol Warren School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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