Back 89 Adelaide Avenue
Off Market

89 Adelaide Avenue

Warwick RI 02886

4
4
4
1624 sq. ft.
20293 sq. ft.
Multi-Family
Last sold for $436,000
The Phipps TeamThe Phipps Team, last sold this property on 11 June 2026 after 19 days on market.

Overview

Exceptional investment and redevelopment opportunity in a prime Warwick location west of Route 2. Situated on an oversized approximately 20,000 SF lot in A-7 zoning, this legal 4 unit property currently consists of four 1-bedroom units with strong upside potential. Two units are in very good condition. One unit has been fully gutted and requires complete renovation (sold as-is), offering investors/developers the opportunity to add immediate value through improvements. The oversized lot and zoning create multiple possibilities for future optimization, including the potential lot separation, additional building(s), new single-family and/or multifamily development opportunities (subject to city approvals). Conveniently located near shopping, dining, highways, TF Green Airport, and major amenities, this property combines strong location fundamentals with long-term development potential. Rare opportunity for investors, builders, or owner-operators seeking immediate value and future expansion possibilities in one of Warwick's most accessible neighborhoods. Three of the units are occupied, please provide notice when requesting a showing. All units have Lead Certs. BEST AND FINAL DUE TUESDAY 5/26/2026 at 5 PM...MUST BE ON PURCHASE AND SALES AGREEMENT FORM WITH PROOF OF FUNDS OR PRE-QUAL LETTER. email to showing agent

Features

4 bedrooms
4 bathrooms
4 carspaces
1624 sq. ft. floor area
20293 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 89 Adelaide Avenue is $500k.

Median value
$500k
Estimated value range
$436k - $620k
Median days on market
8
Estimated value trend
11%
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 89 Adelaide Avenue

2026
Sold
$436,000
11 Jun 2026 by The Phipps Team, of Compass

Happy sellers in Warwick

95%
95% of sellers in Warwick reported that their sale price either exceeded or met their price expectations.

Warwick stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Warwick over the last 12 months.

Local market activity for 4 bedroom multi families in Warwick

In the last 12 months, 7 four-bedroom multi families similar to 89 Adelaide Avenue, have been sold.

This represents a 60% decrease in four-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Warwick

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent