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$649,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 0.23 Acres
  • 2 Car Garage
  • Updated 2 days ago
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Welcome to this unique two-family home nestled in the highly sought-after Governor Francis neighborhood. This property presents a remarkable opportunity for either a homeowner looking to occupy one unit while generating income from the second, or for an investor to lease both residences. Each unit in this updated duplex has been thoughtfully designed to provide comfortable living spaces. Both units feature: an eat-in kitchen, a spacious bathroom, a flexible living area, a generously sized primary bedroom, and a comfortable secondary room. Situated on a corner lot, the property boasts a fully fenced-in yard, providing privacy and security. The convenience of a two-car garage adds significant value, offering off-street parking and additional storage solutions. Discover the potential of this incredible property. Call for a showing today!

Full Property Details for 5 Shippen Ave

General

  • Price: $649,000
  • Taxes: $6,502 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: STWMLS
  • MLS ID: 1402459
  • Updated: 1/14/2026
  • Added to Site: 12 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Bathtub, Interior Steps, Tub Shower
  • Fireplace(s): None
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 4
  • Parking Features: Detached, Garage

Location

  • County: Kent
  • Subdivision: Governor Francis
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Gas

Utilities

  • Sewer: Connected, Public Sewer, Sewer Assessment(s)
  • Water: Connected, Public
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 2
  • Architectural Style: Stacked
  • Detached/Attached: Detached
  • Construction: Drywall, Plaster
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Interior Entry, Partial, Unfinished
  • Doors: Storm Door(s)
  • Stories/Levels: 2
  • Building Size: 4149
  • Finished Total: 4,149 Sq. Ft.
  • Finished Above Grnd: 4,149 Sq. Ft.
  • Year Built: 1935

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Lot Size: 10019
  • Fencing (Description): Fenced

Financial Considerations

  • Operating Expenses: $10,000
  • Tax Amount: $6,502
  • Tax Year: 2025
  • Tenant Pays: Hot Water

Disclosures and Reports

  • Property ID: 5SHIPPENAVWARW
  • Lot Number: 13

Listed by Envious Properties LLC

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Listing agent

— 5 Shippen Ave —

  • Envious Properties LLC

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 5 Shippen Ave

School District:Warwick School District
NameGradesDistance
Holliman School
70 Deborah Road, Warwick, RI 02888
K-60.8 mi
Warwick Veterans Jr. High School
2401 West Shore Road, Warwick, RI 02889
7-82.3 mi
Pilgrim High School
111 Pilgrim Parkway, Warwick, RI 02888
9-120.7 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 5 Shippen Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Listed
$649,000
68.57%
MLS
7/10/2020
Sold
$385,000
—
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 5 Shippen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,502
10%
$512,000
25%
2024
$5,923
2%
$409,300
—
2023
$5,808
7%
$409,300
42%
2022
$5,411
—
$288,900
—
2021
$5,411
—
$288,900
—
2020
$5,411
—
$288,900
—
2019
$5,411
22%
$288,900
36%
2018
$4,430
3%
$213,000
—
2017
$4,311
—
$213,000
—
2016
$4,311
9%
$213,000
12%
2015
$3,957
3%
$190,700
—
2014
$3,825
1%
$190,700
—
2013
$3,774
—
$190,700
—
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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NMLS#: 1598647

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Listed by Envious Properties LLC

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5 Shippen Avenue, Warwick, RI 02888 (MLS# 1402459) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 5 Shippen Avenue is currently listed for $649,000 and was received on January 05, 2026. Want to learn more about 5 Shippen 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.

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