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For sale
    • $695,000

    195 Town Farm Rd, Coventry, RI 02816

    6beds
    3,033sqft
    : 
    $4,927/mo
    Get pre-qualified
    Multi Family
    Built in 1790
    -- sqft lot
    $687,400 Zestimate®
    $229/sqft
    $-- HOA

    What's special

    Rare investment opportunity on 2 sprawling acres! This well-maintained multi-family property features an incredible, oversized 3-car garage equipped with a professional lift—perfect for a mechanic, car enthusiast, or additional rental income (garage spaces have previously been rented for $150/month). The expansive grounds offer an abundance of parking spaces, easily accommodating tenants, guests, and oversized vehicles. There is a potential for an Accessory Dwelling Unit (ADU), if the property is owner-occupied and meets the guidelines of the Town of Coventry. Ideally suited for an owner-occupant or savvy investor, this property combines spacious outdoor living with unique functional utility. Each unit has wood floors, laundry areas, separate utilities and meters with oil heat (See list for all of the improvements made in the last 10+ years; home has a 6 bed ISDS). First floor unit has 1700’+ of living with tons of storage space, 3 bedrooms, full bath and an eat-in-kitchen with a spacious living room. Second floor unit has 1300'+ of living with 3 bedrooms, full bath and half bath with laundry, kitchen and formal dining room, ample-sized living room plus attic storage space if needed. (**Pictures of 2nd floor dining room show tenant owned chandelier that is no longer there and has been replaced). Great property waiting for its new owner!
    7 hours
    116
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth VARS 401-578-4538,

    Doorley Real Estate Inc

    Source: StateWide MLS RI,MLS#: 1422064MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bathroom
      • Features: Bath w Shower Stall
      Heating
      • Oil, Baseboard, Forced Water
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
      • Laundry: In Building, In Unit
      Features
      • Wall (Plaster), Wall (Wood), Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
      • Flooring: Hardwood, Wood, Vinyl
      • Windows: Insulated Windows, Skylight(s)
      • Basement: Partial,Bulkhead,Unfinished
      • Attic: Attic Stairs
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,033
      • Total interior livable area: 3,033 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Detached, Garage Door Opener, Driveway
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Patio & porch: Deck
      Lot
      • Size: 2 Acres
      Details
      • Additional structures: Outbuilding
      • Parcel number: COVEM65L61
      • Zoning: R2A
      • Other equipment: Hydraulic Lift

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Plaster, Wood Wall(s), Vinyl Siding
      • Foundation: Mixed
      Condition
      • New construction: No
      • Year built: 1790

      Utilities & green energy

      • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Subdivision: Western/Central
      HOA
      • Has HOA: No
      Location
      • Region: Coventry

      Financial & listing details

      • Price per square foot: $229/sqft
      • Tax assessed value: $449,100
      • Annual tax amount: $7,224
      • Date on market: 9/1/2026
      • Inclusions: Washers and dryers in first floor unit owned by the tenant. Pictures of the second floor dining room show a chandelier that was tenant owned and has been replaced. Items to remain by the sellers (see list in the supplements section)- Atlas 12, 000lb capacity overhead 2 post lift; Husqvarna riding lawn mower with triple bagger; Ryobi 4stroke gas powered weed whacker; gas powered leaf blower; wooden play set in the backyard; 10'x12' hard top gazebo on top of the deck.
      • Total actual rent: 2000
      • Tenant pays: Heat

        Estimated market value

        $687,400

        $653,000 - $722,000

        $2,370/mo

        Price history

        DateEventPrice
        9/1/2026Listed for sale$695,000-6.7%$229/sqft
        Source: StateWide MLS RI #1422064 Report a problem
        9/1/2026Listing removed$745,000$246/sqft
        Source: StateWide MLS RI #1416482 Report a problem
        7/28/2026Price change$745,000-6.3%$246/sqft
        Source: StateWide MLS RI #1416482 Report a problem
        6/27/2026Listed for sale$795,000+327.4%$262/sqft
        Source: StateWide MLS RI #1416482 Report a problem
        5/16/2013Sold$186,000-1.6%$61/sqft
        Source: Public Record Report a problem
        11/22/2012Listing removed$189,000$62/sqft
        Source: RE/MAX Central #1022161 Report a problem
        10/31/2012Price change$189,000-5.5%$62/sqft
        Source: RE/MAX Central #1022161 Report a problem
        8/29/2012Price change$199,900-8.7%$66/sqft
        Source: RE/MAX Central #1022161 Report a problem
        8/22/2012Price change$219,000-4.7%$72/sqft
        Source: RE/MAX Central #1022161 Report a problem
        8/3/2012Price change$229,900-3.8%$76/sqft
        Source: RE/MAX Central #1022161 Report a problem
        8/2/2012Price change$239,000-4.4%$79/sqft
        Source: RE/MAX Central #1022161 Report a problem
        7/22/2012Listed for sale$249,900-32.1%$82/sqft
        Source: RE/MAX Central #1022161 Report a problem
        12/29/2004Sold$368,000+114%$121/sqft
        Source: Public Record Report a problem
        1/23/1995Sold$172,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,114 $449,100
        2024$7,114 +3.3%$449,100
        2023$6,885 +5.2%$449,100 +34.3%
        2022$6,544 +0.9%$334,400
        2021$6,487 -12.8%$334,400
        2020$7,437 +29.6%$334,400 +29.6%
        2019$5,738 +2.9%$258,000
        2018$5,575 +3%$258,000
        2017$5,413 +21.8%$258,000 +24.3%
        2016$4,443 +2.8%$207,500
        2015$4,322 +2.1%$207,500
        2014$4,232 -12.7%$207,500 -20.1%
        2013$4,848 +3.3%$259,800
        2012$4,692 -9.6%$259,800 -22.6%
        2010$5,191 $335,800
        2009$5,191 $335,800
        2008$5,191 -2.2%$335,800 -0.7%
        2007$5,307 +5%$338,250
        2006$5,053 +13.5%$338,250 +94.8%
        2003$4,451 $173,660
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02816

        Getting around

        7 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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