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Property Description
INVESTORS TAKE NOTE. The opportunity is a 10,168 sqft, 15+/- unit, Victorian home on a double, sub-dividable lot. 28 Park Ave is located in the desirable Matunuck neighborhood and just a short walk from amazing local beaches, surf, and restaurants. The additional building lot creates a rare opportunity for expansion or new construction. With strong rental demand driven by proximity to local beaches, downtown Wakefield, the University of Rhode Island, shopping, dining, and major commuter routes, this asset is well-positioned for long-term growth. This property is in need of some renovation to a number of the units to maximize your return while a number of them are ready for rent. Buyers to do their own diligence of potential uses. Put your mark on this iconic Rhode Island town and property before someone else does!
Full Property Details
Full Property Details for 28 Park Ave
General
- Price: $1,749,900
- Taxes: $8,669 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: STWMLS
- MLS ID: 1415464
- Updated: 6/15/2026
- Added to Site: 2 day(s) ago
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Restaurant
Parking
- Total Spaces: 16
Location
- County: Washington
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Zoned
Utilities
- Sewer: Septic Tank
- Water: Connected, Public
- Utility Description: Electricity Available, Natural Gas Not Available
Structural Information
- # Buildings: 1
- Architectural Style: Victorian
- Structure Type: Multi Family
- Detached/Attached: Attached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 4
- Year Built: 1903
Lot Features
- Property View: Water
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 33,541
- Lot Size: 33541
- Frontage: City Street, Asphalt
- Potential Use: Multi-Family, Residential
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $8,669
- Tax Year: 2025
- Owner Pays: Electricity, Heat, HVAC Maintenance, Hot Water, Insurance, Management, Repairs, Taxes, Water
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 28PARKAVSKNG
- Lot Number: 184
Listed by William Pitt Sotheby's Int'l
Get Pre-Approved Today
Schools
Schools serving 28 Park Ave
School District:South Kingstown School District
| Name | Grades | Distance |
|---|---|---|
Matunuck School 380 Matunuck Beach Road, South Kingstown, RI 02879 | K-4 | 0.5 mi |
Curtis Corner Middle School 301 Curtis Corner Road, South Kingstown, RI 02879 | 7-8 | 5.7 mi |
South Kingstown High School 215 Columbia Street, South Kingstown, RI 02879 | 9-12 | 5.4 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 28 Park Ave
Date
Details
Price
Change
Source
6/15/2026
Listed
$1,749,900
—
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 28 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,669
-13%
$969,700
7%
2024
$9,993
—
$904,300
—
2023
$9,975
1%
$902,700
—
2022
$9,885
-9%
$902,700
20%
2021
$10,853
—
$751,100
—
2020
$10,853
—
$751,100
—
2019
$10,853
11%
$751,100
21%
2018
$9,762
2%
$622,600
—
2017
$9,532
1%
$622,600
—
2016
$9,395
8%
$622,600
11%
2015
$8,728
—
$562,400
—
2014
$8,706
—
$562,400
—
2013
$8,700
—
$562,400
—
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 28 Park Ave
28 Park Avenue, South Kingstown, RI 02879 (MLS# 1415464) is a Commercial Multi-Family property. 28 Park Avenue is currently listed for $1,749,900 and was received on June 15, 2026. Want to learn more about 28 Park Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in South Kingstown? You can browse all South Kingstown real estate or contact a Coldwell Banker agent to request more information.

