For sale

$374,900

131 Welfare Ave, Warwick, RI 02888

3beds

1,733sqft

$2,443/mo

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Single Family Residence

Built in 1920

0.31 Acres Lot

$401,400 Zestimate^®

$216/sqft

$-- HOA

What's special

Great opportunity to make this charming 1920 bungalow your own in the heart of Norwood! Many of the major improvements have already been completed, including a newer roof, replacement windows, first-floor laminate flooring, and energy-efficient mini-split heat pumps for heating and cooling. The flexible layout offers 2–3 bedrooms, with additional upstairs space ready for your finishing touches. Enjoy a spacious, fully fenced backyard, screened-in porch, detached garage, and off-street parking for approximately six vehicles. The oversized lot may also offer exciting possibilities for an accessory dwelling unit (ADU), potentially within the garage or as a separate structure of up to approximately 860 square feet, (subject to municipal approvals and buyer due diligence) While the interior could benefit from cosmetic updating, this home offers tremendous potential for an owner-occupant, investor, or handy buyer looking to build equity.

18 days

1,323

82

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: First

Bedroom 3

Level: Second

Bathroom

Level: First

Dining area

Level: First

Kitchen

Level: First

Other

Level: Lower

Living room

Level: First

Office

Level: Lower

Heating

Electric, Oil, Baseboard, Heat Pump, Partially Heated, Zoned

Cooling

Ductless, Heat Pump

Appliances

Included: Electric Water Heater

Features

Wall (Paneled), Wall (Plaster), Plumbing (Copper), Plumbing (Galvanized), Plumbing (Mixed), Plumbing (PVC), Insulation (Cap), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
Flooring: Ceramic Tile, Laminate, Marble, Wood, Vinyl, Carpet
Windows: Insulated Windows
Basement: Full,Interior Entry,Partially Finished,Common,Laundry,Storage Space,Utility
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,433
Total interior livable area: 1,733 sqft
Finished area above ground: 1,433
Finished area below ground: 300

Video & virtual tour

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Property

Parking

Total spaces: 7
Parking features: Detached, Driveway
Garage spaces: 1
Has uncovered spaces: Yes

Accessibility

Accessibility features: One Level

Features

Patio & porch: Porch, Screened

Lot

Size: 0.31 Acres
Features: Sidewalks, Wooded

Details

Parcel number: WARWM296B0346L0000

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Paneled, Plaster, Wood
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1920

Utilities & green energy

Electric: 100 Amp Service, 110 Volts, 220 Volts, Circuit Breakers, Individual Meter
Sewer: Public Sewer
Water: Individual Meter, Municipal, Public
Utilities for property: Sewer Connected, Water Available, Water Connected, Sewer Available

Green energy

Green verification: Home Performance with ENERGY STAR, LEED For Homes
Energy efficient items: Appliances, Doors, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
Indoor air quality: Ventilation
Construction elements: Conserving Methods
Water conservation: Efficient Hot Water Distribution, Low-Flow Fixtures

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping
Subdivision: Norwood

HOA

Has HOA: No

Location

Region: Warwick

Financial & listing details

Price per square foot: $216/sqft
Tax assessed value: $264,400
Annual tax amount: $4,350
Date on market: 7/27/2026

Estimated market value

$401,400

$373,000 - $429,000

$2,375/mo

Price history

Date	Event	Price
8/14/2026	Listed for sale	$374,900$216/sqft
Source: StateWide MLS RI #1419022 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,826	$264,400
2024	$3,826 +3%	$264,400 +1%
2023	$3,716 +5.5%	$261,900 +39.3%
2022	$3,521	$188,000
2021	$3,521	$188,000
2020	$3,521	$188,000
2019	$3,521 +14.2%	$188,000 +26.9%
2018	$3,083 +2.8%	$148,200
2017	$3,000	$148,200
2016	$3,000 -3.4%	$148,200 -1%
2015	$3,106 +3.4%	$149,700
2014	$3,003 +1.3%	$149,700
2013	$2,963 +0.6%	$149,700 -10.1%
2011	$2,945 +1.2%	$166,500
2010	$2,910 -8.4%	$166,500 -25.9%
2009	$3,177 +5.4%	$224,700
2008	$3,013 +19.5%	$224,700 +37.8%
2007	$2,522	$163,100
2006	$2,522 +4.4%	$163,100
2004	$2,416 -0.4%	$163,100 +87.1%
2003	$2,426	$87,180