Back 5 Shippen Avenue
Off Market

5 Shippen Avenue

Warwick RI 02888

4
2
4
4149 sq. ft.
10019 sq. ft.
Multi-Family
Last sold for $649,000
Thomas FlandersThomas Flanders, last sold this property on 12 February 2026 after 38 days on market.

Overview

Welcome to this unique two-family home nestled in the highly sought-after Governor Francis neighborhood. This property presents a remarkable opportunity for either a homeowner looking to occupy one unit while generating income from the second, or for an investor to lease both residences. Each unit in this updated duplex has been thoughtfully designed to provide comfortable living spaces. Both units feature: an eat-in kitchen, a spacious bathroom, a flexible living area, a generously sized primary bedroom, and a comfortable secondary room. Situated on a corner lot, the property boasts a fully fenced-in yard, providing privacy and security. The convenience of a two-car garage adds significant value, offering off-street parking and additional storage solutions. Discover the potential of this incredible property. Call for a showing today!

Features

4 bedrooms
2 bathrooms
4 carspaces
2 garage spaces
4149 sq. ft. floor area
10019 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Warwick over the last 12 months, the estimated median property value of 5 Shippen Avenue is $512.9k.

Median value
$512.9k
Estimated value range
$364k - $649k
Median days on market
23
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Warwick. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Shippen Avenue

2026
Rented
Undisclosed
27 Mar 2026 by RE/MAX Professionals
2026
Sold
$649,000
12 Feb 2026 by Thomas Flanders, of Envious Properties LLC
2020
Sold
$385,000
10 Jul 2020 by Rhonda Schneider, of REAL ESTATE ONE

Happy sellers in Warwick

<50%
Less than 50% of sellers in Warwick reported that their sale price either exceeded or met their price expectations.

Warwick stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Warwick over the last 12 months.

Local market activity for 4 bedroom multi families in Warwick

In the last 12 months, 6 four-bedroom multi families similar to 5 Shippen Avenue, have been sold.

This represents a 50% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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