LKV Realty
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$625,000
$3,400Reward *
36 Ledward Avenue, Westerly, RI 02891Listing ID 1414812

36 Ledward Avenue, Westerly, RI 02891

Active
Time on site: 68 daysLast updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,234
Acres
Acres
0.97
Days on Site
Days on Site
67
Cooling
Cooling
None
Heating
Heating
Baseboard, Oil, Zoned
Year Built
Year Built
1860
Garages
Garages
2
Parking
Parking
Detached, Garage

A rare investment opportunity in Westerly. This well-maintained duplex cherished by the same family for nearly three decades sits on a full acre of beautifully manicured lawn with mature trees and room to expand. This property meets the requirements for an ADU and still holds significant potential. Buyer to verify. Each unit offers 3 bedrooms, 1 bathroom, and a versatile bonus room ideal for storage, a home office, or a creative space. The entire property has just been freshly painted, setting the stage for your vision. With a bit of added TLC, the potential here is exceptional. Rent both units for strong cash flow, or live in one and Airbnb/VRBO the other to significantly offset your mortgage. Current three-bedroom rentals in Westerly commonly exceed $2,000 per month, making this a high-demand, high-return opportunity. A two-car garage and two additional sheds provide abundant storage. The location is unbeatable just a short walk to downtown Westerly, Westerly High School, restaurants, shops, and community amenities, and only a 10-minute drive to the beach. Convenience meets coastal living. Whether you're an investor seeking reliable rental income or a homeowner looking for flexibility and long-term value, this spacious, well-cared-for multifamily property stands out in today's market. Opportunities like this don't come around often.

Property Information

Property Details

Location

Address
36 Ledward Avenue
County
Washington
City
Westerly
Zip Code
02891

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
2

Building

Building Information

Square Feet
2,234
Year Built
1860
Construction
Plaster, Vinyl Siding
Foundation
Stone

Property Taxes

Tax Annual Amount
$3,535
Tax Year
2026
Alpern and Mesenbourg, (401) 307-5044

Market Report for 02891

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: State-Wide MLS, Inc
State-Wide MLS, Inc logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and maynot be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.© 2026 State-Wide Multiple Listing Service. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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