This side-by-side duplex is the perfect opportunity for investors or owner-occupants looking to generate rental income. Each unit features 3 bedrooms and 1 bathroom, offering plenty of space and flexibility. Unit A has been completely rehabilitated and is move-in ready with brand-new appliances and modern updates throughout. Unit B was fully renovated in 2020 and is currently leased until May 31, 2025, providing immediate rental income. This property has been well-maintained, with two new oil-fired forced hot air furnaces installed in 2019, ensuring efficient heating for both units. A 200-foot dug well and 6-bedroom septic system provide lasting reliability, and the spacious yard offers plenty of outdoor space to enjoy and 4 off street parking spaces. Whether you're looking for a turnkey investment or the chance to live in one unit while renting out the other, this duplex is a fantastic find.
Sold for $442,000 on 03/17/25
$442,000
54 Highview Ave, Hope Valley, RI 02832
6beds
2,058sqft
Multi Family
Built in 1880
-- sqft lot
$456,700 Zestimate®
$215/sqft
$2,218 Estimated rent
Home value
$456,700
$406,000 - $512,000
$2,218/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 17, 2025 at 02:26pm
Listed by:
Stacey Wood 774-400-6088,
Fathom Realty RI
Bought with:
Stacey Wood, RES.0042482
Fathom Realty RI
Source: StateWide MLS RI,MLS#: 1377686
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Oil, Baseboard, Forced Water, Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven/Range, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Wall (Paneled), Stairs, Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Laminate, Carpet
- Basement: Full,Walk-Out Access,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,058
- Total interior livable area: 2,058 sqft
Property
Parking
- Total spaces: 5
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 0.37 Acres
Details
- Foundation area: 1176
- Parcel number: HOPKM027B000L00022
- Zoning: R1
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Paneled, Aluminum Siding
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service, Individual Meter
- Sewer: Septic Tank
- Water: Private, Well
Community & neighborhood
Location
- Region: Hope Valley
- Subdivision: Hope Valley
HOA & financial
Other financial information
- Total actual rent: 2250
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2025 | Sold | $442,000-1.8%$215/sqft |
Source:  StateWide MLS RI #1377686 | ||
| 2/14/2025 | Pending sale | $450,000$219/sqft |
Source: StateWide MLS RI #1377686 | ||
| 2/8/2025 | Listed for sale | $450,000$219/sqft |
Source: StateWide MLS RI #1377686 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,533 +2.7% | $301,000 |
| 2023 | $4,413 +14.7% | $301,000 +44.9% |
| 2022 | $3,849 | $207,700 |
Find assessor info on the county website
Neighborhood: Hope Valley
Nearby schools
GreatSchools rating
- 8/10Hope Valley Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 7/10Chariho Regional Middle SchoolGrades: 5-8Distance: 4.2 mi
- 10/10Chariho High SchoolGrades: 9-12Distance: 4.1 mi
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$456,700
2% more+ $9,134
With Zillow Showcase(estimated)
$465,834