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For sale
  • $568,000

    1088 Main St, Hope Valley, RI 02832

    8beds
    3,125sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Space for gardeningScenic rural settingExpansive and private backyard
    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!!!
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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#: 1391717MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1088 Main St.

    Next available tour time:Today at 11am

    Open houses

    • Sun, Aug 10

      11:00 AM - 1:00 PM

    • Mon, Aug 11

      4:00 PM - 6:00 PM

    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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