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$540,000
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Property Description
Discover this unique 3-unit multifamily property nestled in the scenic, rural setting of Hope Valley, directly abutting the area's beautiful Wood River. Expansive and private backyard with space for gardening, relaxing, or a walk to the river. Built in 1900, this property blends historic charm with investment potential. Units are deceivingly spacious and bright. Units 1 & 2 each have 2 bedrooms. Top floor unit #3 is a 1 bedroom space. Perfect for owner-occupants, long-term rentals, or short-term vacation potential. Does need some TLC but with some attentive renovations, this property could significantly increase in value. Easy access to Rt 95 for points both north to Providence/Boston, west on Rt 138 to Ct, and south or east to the Rhode Island shore. Enjoy the serene surroundings and capitalize on this affordable multifamily opportunity in a growing area. Don't miss out properties like this don't come around often! DO NOT ENTER property without listing agent present!!!
Full Property Details
Full Property Details for 1088 Main St
General
- Price: $540,000
- Taxes: $6,535 (2025)
- Status: Active
- Type: Apartment
- Source: STWMLS
- MLS ID: 1391717
- Updated: 9/26/2025
- Added to Site: 166 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Attic, Tub Shower
- Appliances: Dryer, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
- Flooring: Hardwood, Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Porch
Parking
- Total Spaces: 4
- Parking Features: No Garage
Location
- County: Washington
- Subdivision: Hope Valley
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard, Hot Water, Oil
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- # Buildings: 1
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 3
- Building Size: 5184
- Finished Total: 5,184 Sq. Ft.
- Finished Above Grnd: 5,184 Sq. Ft.
- Year Built: 1900
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 1.24
- Lot Size (Sq. Ft.): 54,014
- Lot Size: 54014
- Lot Features: Wooded, Waterfront
Water Features
- Water Front: Yes
- Water Front Desc.: River Access, Water Access, Walk to Water, Waterfront
Financial Considerations
- Tax Amount: $6,535
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1088MAINSTHOPK
- Lot Number: 152
Listed by Coldwell Banker Coastal Homes
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Schools
Schools serving 1088 Main St
School District:Chariho Regional School District
| Name | Grades | Distance |
|---|---|---|
Chariho Regional Middle School 455B Switch Road, Richmond, RI 02894 | 5-8 | 4.4 mi |
Chariho High School 453 Switch Road, Richmond, RI 02894 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1088 Main St
Date
Details
Price
Change
Source
9/26/2025
Price Reduced
$540,000
-4.93%
MLS
8/04/2025
Listed
$568,000
—
MLS
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 1088 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,535
2%
$427,400
—
2024
$6,437
3%
$427,400
—
2023
$6,266
24%
$427,400
57%
2022
$5,049
—
$272,500
—
2021
$5,049
1%
$272,500
—
2020
$4,981
-5%
$272,500
8%
2019
$5,224
3%
$252,600
—
2018
$5,070
—
$252,600
—
2017
$5,070
2%
$252,600
5%
2016
$4,949
1%
$239,800
—
2015
$4,887
-1%
$239,800
—
2014
$4,949
4%
$239,800
-1%
2013
$4,771
—
$241,300
—
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 1088 Main St
1088 Main Street, Hopkinton, RI 02832 (MLS# 1391717) is a Apartment property with 5 bedrooms and 3 full bathrooms. 1088 Main Street is currently listed for $540,000 and was received on August 04, 2025. Want to learn more about 1088 Main Street? Do you have questions about finding other Apartment real estate for sale in Hopkinton? You can browse all Hopkinton real estate or contact a Coldwell Banker agent to request more information.

