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 3 bedrooms. Top floor unit #3 is a 2 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!!!
For sale
$568,000
1088 Main St, Hope Valley, RI 02832
8beds
3,125sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$182/sqft
$-- HOA
What's special
Space for gardeningScenic rural settingExpansive and private backyard
- 1 day
- on Zillow |
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Zillow last checked: 7 hours ago
Listing updated: 23 hours ago
Listed by:
Delaine Wright 401-787-8165,
Coldwell Banker Coastal Homes
Source: StateWide MLS RI,MLS#: 1391717

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard, Forced Water
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Dryer, Exhaust Fan, Range Hood, Oven/Range, Refrigerator, Washer
- Laundry: Common Area
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
- Flooring: Hardwood, Laminate, Carpet
- Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
- Has fireplace: No
Interior area
- Total structure area: 5,184
- Total interior livable area: 3,125 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 3
- Patio & porch: Porch
- Waterfront features: Waterfront, Access, River, Walk To Water
Lot
- Size: 1.24 Acres
- Features: Wooded
Details
- Foundation area: 1250
- Parcel number: HOPKM027B000L00152
- Zoning: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Shingles, Wood
- Foundation: Concrete Perimeter, Mixed
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Cesspool
- Water: Private, Well
Community & HOA
Community
- Features: Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants
- Subdivision: Hope Valley
HOA
- Has HOA: No
Location
- Region: Hope Valley
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $427,400
- Annual tax amount: $6,535
- Date on market: 8/9/2025
- Total actual rent: 2700
- Tenant pays: Heat
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