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$375,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 0.84 Acres
  • Updated 1 day ago
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**Unique Waterfront Investment Opportunity!** Two waterfront homes on one lot, situated on nearly an acre along beautiful Stump Pond and directly bordering the Coventry Bike Path. Each home offers 2 bedrooms and 1 bathroom, creating a rare opportunity with multiple possibilities. Both both homes require rehab and are being sold **AS IS**, making this an ideal opportunity for investors, flippers, or a savvy owner-occupant looking to live in one home and rent the other. Due to the work needed, the ideal buyer will be CASH or Private money although some conventional financing may work. Opportunities like this are hard to find: two homes, one waterfront lot, and plenty of land with significant upside potential. Dont miss out!!!

Full Property Details for 31 Phillips Hill Rd

General

  • Price: $375,000
  • Taxes: $5,969 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1420532
  • Updated: 8/15/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Tub Shower
  • Appliances: Gas Water Heater
  • Flooring: Carpet, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Parking

  • Total Spaces: 6
  • Parking Features: No Garage

Location

  • County: Kent

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Oil

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • # Buildings: 2
  • Architectural Style: Side By Side
  • Detached/Attached: Detached
  • Construction: Drywall, Wood Siding, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
  • Stories/Levels: 2
  • Building Size: 2100
  • Finished Total: 2,100 Sq. Ft.
  • Finished Above Grnd: 2,100 Sq. Ft.
  • Year Built: 1880

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,590
  • Lot Size: 36590
  • Lot Features: Waterfront

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Dock Access, Water Access, Walk to Water, Waterfront

Financial Considerations

  • Tax Amount: $5,969
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 3131APHILLIPSHILLRDCVEN
  • Lot Number: 213

Listed by RE/MAX Preferred

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Listing agent

— 31 Phillips Hill Rd —

  • RE/MAX Preferred

zompa.realtor@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 31 Phillips Hill Rd

School District:Coventry School District
NameGradesDistance
Western Coventry School
4588 Flat River Road, Coventry, RI 02816
K-52.8 mi
Alan Shawn Feinstein Ms Of Cov
15 Foster Drive, Coventry, RI 02816
6-83.9 mi
Coventry High School
40 Reservoir Road, Coventry, RI 02816
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 31 Phillips Hill Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/15/2026
Listed
$375,000
244.04%
MLS
9/20/2000
Sold
$109,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 31 Phillips Hill Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,969
2%
$371,000
—
2024
$5,877
3%
$371,000
—
2023
$5,687
-4%
$371,000
23%
2022
$5,910
1%
$302,000
—
2021
$5,859
-13%
$302,000
—
2020
$6,716
16%
$302,000
16%
2019
$5,814
3%
$261,400
—
2018
$5,649
3%
$261,400
—
2017
$5,484
8%
$261,400
11%
2016
$5,061
3%
$236,400
—
2015
$4,924
2%
$236,400
—
2014
$4,823
2%
$236,400
-6%
2013
$4,710
—
$252,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Preferred

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31 Phillips Hill Road, Coventry, RI 02816 (MLS# 1420532) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 31 Phillips Hill Road is currently listed for $375,000 and was received on August 15, 2026. Want to learn more about 31 Phillips Hill Road? Do you have questions about finding other Multi-Family real estate for sale in Coventry? You can browse all Coventry real estate or contact a Coldwell Banker agent to request more information.

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