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$490,000 Just Listed
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Property Description
Tons of potential in this two-family home tucked into a quiet residential Warwick neighborhood! Each unit offers spacious 3-bedroom layouts, ideal for owner-occupants looking to offset their mortgage or investors seeking strong rental income. Set on an oversized double lot, this property boasts a huge, private yard, perfect for outdoor entertaining, gardening, or simply enjoying the space. A paved driveway provides ample off-street parking for both units. Each unit is separately metered for electric and equipped with its own furnace, giving tenants control over their utilities and simplifying management for owners. A full basement with laundry hookups adds valuable storage and convenience, while the walk-up attic offers even more potential. With room to make it your own, this is a fantastic opportunity to build equity in a desirable Warwick location close to shopping, dining, and major routes. Second floor was not available for pictures but can be viewed at scheduled showings.
Full Property Details
Full Property Details for 207 Welfare Ave
General
- Price: $490,000
- Taxes: $4,597 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1420921
- Updated: 8/20/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Attic, Permanent Attic Stairs, Storage, Tub Shower
- Appliances: Common Water Heater, Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
- Flooring: Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Paved Driveway
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Kent
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Gas, Oil
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Plaster, Other
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 2084
- Finished Total: 2,084 Sq. Ft.
- Finished Above Grnd: 2,084 Sq. Ft.
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size: 12632
- Lot Features: Corner Lot, Multiple lots
Financial Considerations
- Tax Amount: $4,597
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Information deemed reliable but not guaranteed, buyer/buyer's agent to do all due diligence.
- Property ID: 207WELFAREAVWARW
- Lot Number: 211
Listed by REMAX Revolution
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Schools
Schools serving 207 Welfare Ave
School District:Warwick School District
| Name | Grades | Distance |
|---|---|---|
Norwood School 266 Norwood Avenue, Warwick, RI 02888 | K-6 | 0.1 mi |
Warwick Veterans Jr. High School 2401 West Shore Road, Warwick, RI 02889 | 7-8 | 3.1 mi |
Pilgrim High School 111 Pilgrim Parkway, Warwick, RI 02888 | 9-12 | 0.7 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 207 Welfare Ave
Date
Details
Price
Change
Source
8/20/2026
Listed
$490,000
308.33%
MLS
6/15/1989
Sold
$120,000
—
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 207 Welfare Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,597
7%
$362,000
21%
2024
$4,315
2%
$298,200
—
2023
$4,231
8%
$298,200
43%
2022
$3,915
—
$209,000
—
2021
$3,915
—
$209,000
—
2020
$3,915
—
$209,000
—
2019
$3,915
15%
$209,000
28%
2018
$3,401
3%
$163,500
—
2017
$3,309
—
$163,500
—
2016
$3,309
-1%
$163,500
2%
2015
$3,341
3%
$161,000
—
2014
$3,230
1%
$161,000
—
2013
$3,186
—
$161,000
—
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 207 Welfare Ave
207 Welfare Avenue, Warwick, RI 02888 (MLS# 1420921) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 207 Welfare Avenue is currently listed for $490,000 and was received on August 20, 2026. Want to learn more about 207 Welfare Avenue? Do you have questions about finding other Multi-Family real estate for sale in Warwick? You can browse all Warwick real estate or contact a Coldwell Banker agent to request more information.

