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Sold for $1,660,000
  • $1,660,000

    557 Center Rd, Block Island, RI 02807

    5beds
    1,800sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $922/sqft
    $4,758 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,758/mo

    Zestimate® history
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    What's special

    Versatile Two-Family Home in a Prime Block Island Location. This classic two-family home offers a rare opportunity for both flexible living and solid rental income. The main house spans three levels and features two distinct living spaces, each with private entry, charming interiors, and comfortable layouts. The main and second floors include full kitchens, open living/dining areas, and well-proportioned bedrooms with ample natural light. The second-floor apartment includes a small private deck, offering a quiet outdoor spot for morning coffee or evening air. The third level, with its own entrance, provides additional living space—ideal for a home office, guest suite, or overflow accommodations. Outdoors, the property features a peaceful yard shaded by mature trees and inviting sitting areas. A second detached building offers potential for expansion, studio use, or workshop space with the appropriate approvals. Whether you're seeking a full-time residence, a summer getaway, or an investment with rental appeal, this centrally located property meets a range of goals. Just a short distance from the shops, restaurants, and ferry in Old Harbor, and minutes from some of Block Island’s beloved beaches, this home makes enjoying everything the Island has to offer effortless. With its adaptable layout, income potential, and prime location, it presents a rare opportunity to own a piece of Block Island that balances convenience, comfort, and possibility.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rosemary TOBIN 401-741-1825,

    Lila Delman Compass

    Bought with:

    Wendy Crawford, RES.0028187

    Lila Delman Compass

    Source: StateWide MLS RI,MLS#: 1387557MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Oil, Forced Water
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Walls)
    • Flooring: Wood
    • Basement: Full,Walk-Out Access,Unfinished,Laundry,Storage Space,Utility,Work Shop
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,766
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 3
    • Waterfront features: Walk to Fresh Water, Walk to Salt Water
    Lot
    • Size: 0.28 Acres
    • Features: Corner Lot
    Details
    • Parcel number: BLOCM16L091
    • Zoning: RA
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Shingles
    • Foundation: Mixed, Stone
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Water: Private

    Community & neighborhood

    Community
    • Community features: Marina, Recreational Facilities, Restaurants, Near Swimming
    Location
    • Region: Block Island
    • Subdivision: Center Road- Beacon Hill

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    5/26/2026Sold$1,660,000-27.7%$922/sqft
    Source: StateWide MLS RI #1387557 Report a problem
    2/2/2026Pending sale$2,295,000$1,275/sqft
    Source: StateWide MLS RI #1387557 Report a problem
    1/5/2026Contingent$2,295,000$1,275/sqft
    Source: StateWide MLS RI #1387557 Report a problem
    12/22/2025Listed for sale$2,295,000$1,275/sqft
    Source: StateWide MLS RI #1387557 Report a problem
    12/6/2025Listing removed$2,295,000$1,275/sqft
    Source: StateWide MLS RI #1387557 Report a problem
    6/26/2025Listed for sale$2,295,000$1,275/sqft
    Source: StateWide MLS RI #1387557 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,326 $964,900
    2024$5,326 +41.8%$964,900 +81.9%
    2023$3,755 $530,400
    2022$3,755 +5.7%$530,400
    2021$3,554 +5.4%$530,400
    2020$3,373 +3.2%$530,400
    2019$3,267 -2.6%$530,400 -5.9%
    2018$3,354 +1.5%$563,680
    2017$3,303 +2.5%$563,680
    2016$3,224 -19.1%$563,680 -22.1%
    2015$3,985 +3.2%$723,200
    2014$3,862 +2.5%$723,200
    2013$3,768 +2.1%$723,200 -5.1%
    2012$3,690 +2.1%$762,400
    2011$3,614 +3.5%$762,400
    2010$3,492 +0.5%$762,400 -21.4%
    2009$3,473 +8.5%$970,100
    2008$3,201 +4.1%$970,100
    2007$3,075 +28.2%$970,100 +61%
    2005$2,399 $602,700

    Find assessor info on the county website

    Neighborhood: 02807

    Nearby schools

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