4 Pearl St
Westerly, RI 02891
- 8 Beds
- 4 Baths
- 2,848 sqft (on 0.37 acres)
$600,000
Last Sold: Dec 12, 2025
11% below list $675K
$211/sqft
$600,000
Last Sold: Dec 12, 2025
11% below list $675K
$211/sqft
8 Beds
4 Baths
2,848 sqft
(on 0.37 acres)
Local Information
-- mins to
Description
An incredible investment opportunity awaits in Westerly’s rapidly growing Historic North End. This well-maintained 4-family property has been owned by the same meticulous owner since 1993, showcasing over three decades of pride in ownership and consistent care. Each unit is in very good condition, and the property’s mechanicals have been thoughtfully updated over time, offering both stability and peace of mind for any new owner. Currently generating $4,300 per month ($52,000 annually) in rental income, this property presents a clear value-add opportunity with undermarket rents in one of Westerly’s most up-and-coming neighborhoods. All units feature gas heat and are fully leased, making this a wonderful investment from day one. The location couldn’t be more convenient — just minutes to I-95, Downtown Westerly, Amtrak Station, shops, and restaurants, providing strong tenant appeal and long-term appreciation potential.
4 Pearl St, Westerly, RI 02891 is a 8 bedroom, 4 bathroom, 2,848 sqft multi-family built in 1928. It last sold for $600,000 on Dec 12, 2025 (11% below the $675,000 asking price). It is currently off market. The Trulia Estimate is $609,100, with a rent estimate of $2,229/month.
Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$211/sqft
Listed
180+ days ago
Home Details for 4 Pearl St
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Interior Details Basement: Full,Bulkhead,UnfinishedNumber of Rooms: 16 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 2848 Square Feet |
Appliances & Utilities Utilities: Sewer Connected, Water ConnectedAppliances: Gas Water Heater |
Heating & Cooling Heating: Natural Gas,Gas ConnectedHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Gas & Electric Electric: 100 Amp Service, 200+ Amp Service |
Windows, Doors, Floors & Walls Flooring: Vinyl |
Levels, Entrance, & Accessibility Stories: 3Floors: Vinyl |
View No View |
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Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 8Parking: No Garage |
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Year Built Year Built: 1928 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Side/Side, Up/DownArchitecture: Side/Side,Up/Down |
Building Construction Materials: Vinyl SidingNot a New ConstructionAttached To Another Structure |
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Price List Price: $675,000Price Per Sqft: $211/sqft |
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MLS Status: Sold |
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Direction & Address City: WesterlyCommunity: North End |
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Building Area Building Area: 3852 Square Feet |
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Community Features: Near Public Transport, Golf, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near ShoppingNot Senior Community |
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No HOA |
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Lot Area: 0.37 acres |
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Special Conditions: Conventional/Market Value |
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Expense Tenant Pays: Heat |
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BasementMls Number: 1398560 |
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Near Public TransportGolfHighway AccessHospitalInterstatePrivate SchoolPublic SchoolRailroadRecreational FacilitiesRestaurantsSchoolsNear Shopping |
Last check for updates: about 9 hours ago
Listed by Lisa Raiche, (401) 742-4012
Town & Shore Realty
Chad Raiche, (401) 207-6621
Town & Shore Realty
Bought with: Chad Raiche, (401) 207-6621, Town & Shore Realty
Source: StateWide MLS RI, MLS#1398560

Price History for 4 Pearl St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/12/2025 | $600,000 | Sold | StateWide MLS RI #1398560 |
| 11/01/2025 | $675,000 | Pending | StateWide MLS RI #1398560 |
| 10/23/2025 | $675,000 | Listed For Sale | StateWide MLS RI #1398560 |
Market trends in Westerly
Last updated June 2026
Avg. sale price
$581K
$71.97KMoM
Sale-to-List Price
—
Price per sq ft
$329
$70MoM
Available listings
67
6MoM
Comparable Sales for 4 Pearl St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $600,000 | 09/29/25 | 8 | 3 | 2,634 | |
0.15 | Multi-Family Home | $575,000 | 07/01/26 | 4 | 3 | 2,080 | |
0.18 | Multi-Family Home | $755,000 | 06/25/26 | 4 | 4 | 3,242 | |
0.23 | Multi-Family Home | $700,000 | 03/04/26 | 7 | 3 | 3,767 | |
0.16 | Multi-Family Home | $580,000 | 10/22/25 | 4 | 2.5 | 2,040 | |
0.15 | Multi-Family Home | $499,000 | 11/03/25 | 6 | 2 | 2,000 | |
0.40 | Multi-Family Home | $635,000 | 05/21/26 | 7 | 3 | 3,849 | |
0.57 | Multi-Family Home | $490,000 | 06/12/26 | 8 | 3 | 3,273 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4 Pearl St.
What Locals Say about Westerly
At least 172 Trulia users voted on each feature.
86 % Say it's dog friendly
85 % Say car is needed
76 % Say parking is easy
72 % Say people would walk alone at night
69 % Say yards are well-kept
68 % Say it's walkable to restaurants
68 % Say there's holiday spirit
65 % Say streets are well-lit
64 % Say kids play outside
58 % Say there are sidewalks
58 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
53 % Say it's walkable to grocery stores
52 % Say it's quiet
50 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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