Welcome to 135 Water Street, nestled in Warren’s vibrant Historic Waterfront District! Just steps from the East Bay Bike Path, boutique shops, galleries, and restaurants, this property seamlessly blends character with convenience. This recently updated multifamily home retains its natural beauty and offers modern comforts. The first-floor unit, freshly painted with refinished floors, includes 2 bedrooms, 1 full bath, in-unit laundry, and an updated kitchen. The second unit boasts 3 bedrooms, 1 bath, beautifully refinished pine hardwood floors, new kitchen flooring and appliances, and a fresh coat of paint throughout. Each spacious unit is drenched in natural light, providing ample room for comfortable living. Additional highlights include a 90% updated finished basement with bonus living space, a private yard, three fireplaces, a large common space, storage, replacement windows, and off-street parking for five vehicles. Whether you're looking to reside in one unit and rent the other, or seeking a strong addition to your investment portfolio, this home meets all expectations. Don’t miss the rare opportunity to own a piece of Warren’s history with modern updates and prime walkability.
Sold for $700,000 on 07/21/25
$700,000
135 Water St, Warren, RI 02885
5beds
3,195sqft
Multi Family
Built in 1890
-- sqft lot
$714,100 Zestimate®
$219/sqft
$2,835 Estimated rent
Home value
$714,100
$643,000 - $793,000
$2,835/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 02, 2025 at 10:19am
Listed by:
A Bruneau Team 617-480-5636,
Compass
Bought with:
A Bruneau Team
Compass
Source: StateWide MLS RI,MLS#: 1383219
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub, Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
- Flooring: Hardwood, Vinyl
- Basement: Full,Interior and Exterior,Partially Finished,Bath/Stubbed,Bedroom(s),Kitchen,Living Room,Storage Space,Utility
- Attic: Attic Stairs, Attic Storage
- Has fireplace: Yes
- Fireplace features: Brick
Interior area
- Total structure area: 3,845
- Total interior livable area: 3,195 sqft
Property
Parking
- Total spaces: 5
- Parking features: No Garage
Features
- Stories: 2
- Waterfront features: Walk to Salt Water
Lot
- Size: 5,227 sqft
- Features: Local Historic District, Corner Lot, Sidewalks
Details
- Parcel number: WARRM2L26
- 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: Stone
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Warren
- Subdivision: Waterfront Historic District
HOA & financial
Other financial information
- Total actual rent: 5200
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Sold | $700,000-2.1%$219/sqft |
Source:  StateWide MLS RI #1383219 | ||
| 7/17/2025 | Pending sale | $715,000$224/sqft |
Source: StateWide MLS RI #1383219 | ||
| 5/22/2025 | Contingent | $715,000$224/sqft |
Source: StateWide MLS RI #1383219 | ||
| 4/29/2025 | Listed for sale | $715,000+23.3%$224/sqft |
Source: StateWide MLS RI #1383219 | ||
| 2/7/2025 | Sold | $580,000-3.3%$182/sqft |
Source: StateWide MLS RI #1373609 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,400 +3.1% | $497,000 |
| 2024 | $7,177 +5.7% | $497,000 |
| 2023 | $6,789 +15.2% | $497,000 +51.9% |
Find assessor info on the county website
Neighborhood: 02885
Nearby schools
GreatSchools rating
- 5/10Hugh Cole SchoolGrades: PK-5Distance: 1.7 mi
- 7/10Kickemuit Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Mt. Hope High SchoolGrades: 9-12Distance: 3.2 mi
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$714,100
2% more+ $14,282
With Zillow Showcase(estimated)
$728,382