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Sold for $600,000
  • $600,000

    2 Gravity Ct, Westerly, RI 02891

    6beds
    3,102sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $600,200 Zestimate®
    $193/sqft
    $2,568 Estimated rent

    Home value

    $600,200

    $564,000 - $636,000

    $2,568/mo

    Zestimate® history
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    What's special

    Excellent opportunity to own a well-maintained three-unit multifamily property offering income potential and long-term value. This property features three separate units with functional layouts, providing flexibility for investors who want rental income. Each 2 bedroom unit offers 5 rooms with comfortable living spaces with well-sized bedrooms, and practical kitchens and 1 bath. All appliances included stoves, refridgators, and dishwashers. One unit has it's own washer dryer. Community washer dryer is in the basement for units on the 1st and 3rd floor. Tenants have a 6 month lease until July 31, 2026. Lead safe certificate of compliance just completed. The property has been thoughtfully cared for, making it a solid, turnkey option with room to add value over time. Additional highlights include separate utilities, off-street parking, shared outdoor space, and convenient access to public transportation, shopping, dining, Wilcox park, and major commuter routes. Enjoy the best beaches in Rhode Island, just minutes away to Misquamicut, Westerly, and Watch Hill. beaches. If you are looking for a smart live-in investment, this 3-unit multifamily delivers reliable income with a desirable location. A rare opportunity you won’t want to miss.

    Zillow last checked: 7 hours ago

    Listing updated: March 21, 2026 at 06:58am

    Listed by:

    Michelle VACCA,

    BEACHCOMBER REAL ESTATE

    Bought with:

    Jen Serafin, RES.0046980

    Coldwell Banker Coastal Homes

    Source: StateWide MLS RI,MLS#: 1404261MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Bathroom
    • Features: Bath w Tub
    Heating
    • Natural Gas, Central, Gas Connected, Zoned
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
    • Laundry: Common Area
    Features
    • Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Copper), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,154
    • Total interior livable area: 3,102 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage
    Features
    • Stories: 3
    • Waterfront features: Beach, Dock, River, Saltwater Front
    Lot
    • Size: 5,000 sqft
    Details
    • Parcel number: WESTM57B112
    • Zoning: R6
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Individual Meter
    • Sewer: Public Connected
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Golf, Highway Access, Hospital, Interstate, Marina, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Westerly
    • Subdivision: Downtown Wilcox Park Area

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 3000

    Price history

    DateEventPrice
    3/20/2026Sold$600,000+9.3%$193/sqft
    Source: StateWide MLS RI #1404261 Report a problem
    2/13/2026Pending sale$549,000$177/sqft
    Source: StateWide MLS RI #1404261 Report a problem
    2/5/2026Listed for sale$549,000+92.6%$177/sqft
    Source: StateWide MLS RI #1404261 Report a problem
    3/21/2016Sold$285,000-1.4%$92/sqft
    Source: Public Record Report a problem
    2/23/2016Pending sale$289,000$93/sqft
    Source: Coldwell Banker Cahoone, Realtors #1117651 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,698 +5.3%$475,300 +41.4%
    2024$3,512 +3.4%$336,100
    2023$3,395 $336,100

    Find assessor info on the county website

    Neighborhood: 02891

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $600,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $600,200