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About this home
3-Family Steps from Conimicut Beach, on a DOUBLE LOT! Properties like this don't come along often! This 3-family at 223 Point Ave sits in one of Warwick's most loved coastal neighborhoods. Walk to the sand at Conimicut Point Beach for summer swims, sunset strolls and that salty ocean breeze. Then come home and catch peek-a-boo water views from the rear windows! The property is recently renovated, with room to add even more value! Investors: three units of rental income in a desirable beach neighborhood, with room to grow. First-time buyers: move into one unit and let your tenants help pay your mortgage. It's one of the smartest ways to build wealth! Bonus: it sits on a DOUBLE LOT, which may allow you to split off a second lot. Imagine the possibilities! (Buyers should do their own due diligence with the City of Warwick. ) Even better: the seller is willing to help with closing costs! Coastal living, rental income and upside, all in one place. Don't wait. Schedule your showing TODAY!
Shawomet, located between Warwick Neck and Potowomut, is a coastal and residential Warwick neighborhood with salt-marsh edges and a low-slung, seaside street grid. The neighborhood’s character concentrates around the Shawomet Avenue corridor near the shoreline, where marinas, boat ramps, and weathered docks set a working-waterfront tone. Housing leans toward mid-century ranches and Cape-style homes, with pockets of newer builds tucked along curving lanes. Views open toward Greenwich Bay, and the air often carries that briny, harbor feel. Community touchstones include the Warwick Country Club, the Shawomet Baptist Church grounds, and the boat slips and launch areas along the bay.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Bathtub, stall shower, tub shower
Full, unfinished basement with interior entry
Bedrooms
One one-bedroom unit
Two three-bedroom units
Bathrooms
Three full bathrooms
Laundry & utility
Laundry room
Utility room
Gas water heater
Flooring
Ceramic tile, hardwood, vinyl
Heating & cooling
Forced-air gas heating
Exterior features
Deck
Porch
View
Multiple lots
Home design
Two stories
Parking
Six parking spaces
No garage
Paved driveway
Construction
Concrete perimeter foundation
Utilities
Public water
Public sewer
Circuit breakers
HOA & community
Golf, highway access, marina, nearby hospital, nearby schools, pool, public transportation, recreation area, shopping, tennis courts
Financial info
Three-unit property
One-bedroom unit rents for $1,300
Three-bedroom unit rents for $2,200
Electricity and solar
View estimated energy costs and solar savings for this home
Come check out this beautiful 3 family in Conimicut Point, on a huge double lot, with a beautiful view of the ocean!!! This property has two, 3 bedroom units and a one level studio attached to the rear of the home. Unit 1 & 2 have hardwoods, updated kitchens with stainless steel appliances and bathrooms with tiled showers. Unit three has hardwoods, updated kitchen, bedroom and a living room with a fabulous view of the ocean!! All units are separate heating and electrical. Exterior of this property has maintenance free vinyl siding, updated windows and tons of parking. The view is beautiful all year round, and walking distance to the beach!! Owner pays ONLY $1700 for flood insurance. Small price to pay being so close to the ocean. This property is perfect for investment, or owner occupied. Live in one unit, and let the rental income pay your mortgage. Act fast while the rates are super low!! Don't let this GEM get away!!
RIS #1276929
Mar 9, 2021
Listing Removed
—
Mar 8, 2021
Listed
$379,900
$156/sq ft
RIS #1259653
Aug 4, 2020
Listing Removed
—
Jul 26, 2020
Listed
$349,900
$144/sq ft
RIS #1202953
Nov 9, 2018
Sold
$292,000
$120/sq ft
Sep 7, 2018
Contingent
—
Sep 3, 2018
Listed
$289,900
$119/sq ft
RIS #1188335
Jul 2, 2018
Sold
$175,000
$72/sq ft
Apr 29, 2018
Pending
—
Apr 29, 2018
Relisted
—
Apr 25, 2018
Pending
—
Apr 20, 2018
Listed
$159,000
$65/sq ft
RIS #106124
Nov 8, 2016
Price Changed
$199,900
$82/sq ft
Oct 27, 2001
Listing Removed
—
Apr 30, 2001
Listed
$209,999
$86/sq ft
RIS #974472
Oct 21, 2010
Sold
$186,000
$76/sq ft
Sep 21, 2010
Listing Removed
—
Aug 24, 2010
Listed
$189,000
$78/sq ft
RIS #950506
Apr 22, 2010
Listing Removed
—
Sep 30, 2009
Listed
$299,900
$123/sq ft
RIS #117494
Dec 14, 2001
Sold
$199,900
$82/sq ft
Nov 7, 2001
Listing Removed
—
Nov 7, 2001
Listed
$199,900
$82/sq ft
RIS #015916
Apr 10, 2001
Listing Removed
—
Oct 11, 2000
Listed
$224,800
$92/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,017 (+16.1%)
$112,100 + $440,400
$552,500
2024
$6,043 (+2.0%)
$92,600 + $325,000
$417,600
2023
$5,926 (+11.2%)
$92,600 + $325,000
$417,600
2022
$5,327 (+1.6%)
$54,400 + $230,000
$284,400
2021
$5,241
$54,400 + $225,400
$279,800
2020
$5,241
$54,400 + $225,400
$279,800
2019
$5,241 (+28.0%)
$54,400 + $225,400
$279,800
2018
$4,093 (+2.8%)
$54,400 + $142,400
$196,800
2017
$3,983
$54,400 + $142,400
$196,800
2016
$3,983 (−2.5%)
$54,400 + $142,400
$196,800
2015
$4,084 (+3.4%)
$65,200 + $131,600
$196,800
2014
$3,948 (+1.4%)
$65,200 + $131,600
$196,800
2013
$3,895 (+9.4%)
$65,200 + $131,600
$196,800
2012
$3,559
$76,700 + $119,500
$196,200
Public record
Public record
Permits
Beds
7
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
5,663 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,436
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,436
Year built
1935
Style
Multi-Family (2-4 Unit)
County
Kent County
APN
313944
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Feb 25, 2021 • Final
Building
Remodel
Jul 16, 2019 • Final
Building
Bathroom
Electrical
Kitchen
Plumbing
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Warwick, RI • 02889
Average low and high temperatures (°F)
35°
23°
36°
24°
50°
34°
59°
43°
67°
53°
79°
62°
82°
67°
78°
62°
74°
59°
63°
50°
54°
39°
40°
27°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 223 Point Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $375,000 and $530,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $375K to $530K.