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$900,000 Just Listed
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Property Description
Excellent investment opportunity in Coventry, Rhode Island featuring a well-maintained 6-unit residential property with a desirable unit mix of two 1-bedroom units and four 2-bedroom units. The layouts are functional and appealing, offering flexibility to accommodate a variety of tenants. This property presents strong income potential in a sought-after and convenient location. Off-street parking adds valuable convenience for residents. Ideally situated with easy access to shopping, dining, and everyday amenities along the Washington Street corridor. Quick access to Route 117 and Interstate 95 allows for an easy commute to Warwick, Cranston, and Providence. Close to Centre of New England, Tiogue Lake, and the Washington Secondary Bike Path for added lifestyle appeal.
Full Property Details
Full Property Details for 505 Washington St
General
- Price: $900,000
- Taxes: $6,869 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1407049
- Updated: 3/20/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 22
- Appliances: Electric Water Heater, Gas Water Heater
- Flooring: Laminate, Other
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Parking
- Total Spaces: 10
- Parking Features: No Garage
Location
- County: Kent
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Stories/Levels: 0
- Building Size: 5222
- Finished Total: 5,222 Sq. Ft.
- Finished Above Grnd: 5,222 Sq. Ft.
- Year Built: 1850
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
Financial Considerations
- Tax Amount: $6,869
- Tax Year: 2025
Disclosures and Reports
- Property ID: 505WASHINGTONSTCVEN
- Lot Number: 125
Listed by Century 21 Limitless
Get Pre-Approved Today
Schools
Schools serving 505 Washington St
School District:Coventry School District
| Name | Grades | Distance |
|---|---|---|
Tiogue School 170 East Shore Drive, Coventry, RI 02816 | K-5 | 1.3 mi |
Alan Shawn Feinstein Ms Of Cov 15 Foster Drive, Coventry, RI 02816 | 6-8 | 1 mi |
Coventry High School 40 Reservoir Road, Coventry, RI 02816 | 9-12 | 2.6 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 505 Washington St
Date
Details
Price
Change
Source
3/20/2026
Listed
$900,000
50%
MLS
10/24/2024
Sold
$600,000
—
Public Record
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
Tax History for 505 Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,869
2%
$426,900
—
2024
$6,762
3%
$426,900
—
2023
$6,544
-9%
$426,900
17%
2022
$7,163
1%
$366,000
—
2021
$7,100
-13%
$366,000
—
2020
$8,140
29%
$366,000
29%
2019
$6,289
3%
$282,800
—
2018
$6,109
3%
$282,700
—
2017
$5,931
100%
$282,700
48%
2016
100%
$190,900
—
2015
100%
$190,900
—
2014
-100%
$190,900
-11%
2013
$4,016
—
$215,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Washington St
505 Washington Street, Coventry, RI 02816 (MLS# 1407049) is a Apartment property with 10 bedrooms and 6 full bathrooms. 505 Washington Street is currently listed for $900,000 and was received on March 20, 2026. Want to learn more about 505 Washington Street? Do you have questions about finding other Apartment real estate for sale in Coventry? You can browse all Coventry real estate or contact a Coldwell Banker agent to request more information.

