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$625,000
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Property Description
A rare investment opportunity in Westerly. This well-maintained duplex cherished by the same family for nearly three decades sits on a full acre of beautifully manicured lawn with mature trees and room to expand. This property meets the requirements for an ADU and still holds significant potential. Buyer to verify. Each unit offers 3 bedrooms, 1 bathroom, and a versatile bonus room ideal for storage, a home office, or a creative space. The entire property has just been freshly painted, setting the stage for your vision. With a bit of added TLC, the potential here is exceptional. Rent both units for strong cash flow, or live in one and Airbnb/VRBO the other to significantly offset your mortgage. Current three-bedroom rentals in Westerly commonly exceed $2,000 per month, making this a high-demand, high-return opportunity. A two-car garage and two additional sheds provide abundant storage. The location is unbeatable just a short walk to downtown Westerly, Westerly High School, restaurants, shops, and community amenities, and only a 10-minute drive to the beach. Convenience meets coastal living. Whether you're an investor seeking reliable rental income or a homeowner looking for flexibility and long-term value, this spacious, well-cared-for multifamily property stands out in today's market. Opportunities like this don't come around often.
Full Property Details
Full Property Details for 36 Ledward Ave
General
- Price: $625,000
- Taxes: $3,534 (2026)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1414812
- Updated: 8/4/2026
- Added to Site: 66 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Attic, Bathtub, Tub Shower
- Appliances: Exhaust Fan, Oven, Oil Water Heater, Range, Refrigerator
- Flooring: Hardwood, Laminate, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Paved Driveway
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 6
- Parking Features: Detached, Garage
Location
- County: Washington
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Oil, Zoned
Utilities
- Sewer: Connected
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 3
- Architectural Style: Stacked
- Detached/Attached: Detached
- Construction: Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 2234
- Finished Total: 2,234 Sq. Ft.
- Finished Above Grnd: 2,234 Sq. Ft.
- Year Built: 1860
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.97
- Lot Size (Sq. Ft.): 42,253
- Lot Size: 42253
Financial Considerations
- Tax Amount: $3,534.58
- Tax Year: 2026
Disclosures and Reports
- Property ID: 36LEDWARDAVWEST
- Lot Number: 69
Listed by Alpern and Mesenbourg
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Schools
Schools serving 36 Ledward Ave
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
State Street School 35 State Street, Westerly, RI 02891 | K-4 | 0.7 mi |
Westerly Middle School 10 Sandy Hill Road, Westerly, RI 02891 | 5-8 | 2.3 mi |
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 0.2 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 36 Ledward Ave
Date
Details
Price
Change
Source
6/08/2026
Listed
$625,000
455.56%
MLS
11/19/1996
Sold
$112,500
—
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 36 Ledward Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,362
7%
$432,100
43%
2024
$3,153
3%
$301,700
—
2023
$3,065
1%
$301,700
—
2022
$3,047
-5%
$301,700
13%
2021
$3,210
2%
$266,200
—
2020
$3,154
1%
$266,200
—
2019
$3,125
2%
$266,200
8%
2018
$3,055
3%
$247,400
—
2017
$2,969
—
$247,400
—
2016
$2,969
4%
$247,400
-2%
2015
$2,845
2%
$253,300
—
2014
$2,799
1%
$253,300
—
2013
$2,761
—
$253,300
—
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 36 Ledward Ave
36 Ledward Avenue, Westerly, RI 02891 (MLS# 1414812) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 36 Ledward Avenue is currently listed for $625,000 and was received on June 08, 2026. Want to learn more about 36 Ledward Avenue? Do you have questions about finding other Multi-Family real estate for sale in Westerly? You can browse all Westerly real estate or contact a Coldwell Banker agent to request more information.

