$394,500
- 2 Beds
- 3 Baths
- 1,044 sqft (on 0.34 acres)
40 Colonial Ave, Warwick, RI 02886
Currently Off Market - Sold Apr 22, 2019 for $187,500
Home Value
Trulia Estimate
$395KSince last month
Increased$3K (+0.8%)Since last year
Increased$6K (+1.6%)Since last sale
Increased$208K (+110.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +134% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| November 2026 | $396K |
| October 2026 | $394K |
| September 2026 | $392K |
| August 2026 | $398K |
| July 2026 | $404K |
| June 2026 | $403K |
| May 2026 | $397K |
| April 2026 | $393K |
| March 2026 | $382K |
| February 2026 | $382K |
| January 2026 | $381K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $640,000 | 11/06/25 | 7 | 3 | 2,903 | |
0.46 | Multi-Family Home | $2,386 | 06/22/26 | 2 | 2 | 1,456 | |
0.49 | Multi-Family Home | $320,000 | 08/07/26 | 4 | 2 | 1,950 | |
0.54 | Multi-Family Home | $450,000 | 12/11/25 | 4 | 2 | 1,536 | |
0.93 | Multi-Family Home | $520,000 | 05/15/26 | 4 | 2 | 844 | |
0.91 | Multi-Family Home | $520,000 | 05/14/26 | 4 | 2 | 1,660 | |
1.06 | Multi-Family Home | $580,000 | 12/30/25 | 6 | 2 | 1,500 | |
1.48 | Multi-Family Home | $228,000 | 07/16/26 | 2 | 1 | 733 | |
2.36 | Multi-Family Home | $200,000 | 11/19/25 | 4 | 2 | 1,396 | |
2.23 | Multi-Family Home | $479,000 | 10/27/26 | 4 | 2 | 1,408 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | 1 | 1.5 | 650 | Off Market | |
0.00 | - | 1 | 1 | 550 | Off Market | |
0.01 | $411,000 | 3 | 2 | 932 | Off Market | |
0.02 | $496,500 | 4 | 4 | 1,580 | Off Market | |
0.02 | - | Studio | 1 | 300 | Off Market | |
0.03 | $331,300 | 2 | 1 | 792 | Off Market | |
0.03 | $602,900 | 5 | 5 | 2,891 | Off Market | |
0.03 | $334,800 | 4 | 1 | 971 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.04 | $507,800 | 3 | 2 | 1,415 | Off Market | |
0.04 | $637,900 | 4 | 3 | 2,458 | Off Market | |
0.04 | $344,400 | 3 | 1 | 924 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.06 | $571,300 | 3 | 1 | 1,152 | Off Market | |
0.06 | $680,700 | 2 | 2 | 1,686 | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.07 | - | 5 | 2 | - | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | $687,200 | 7 | 3 | 2,903 | Off Market | |
0.07 | $717,000 | 2 | 2 | 1,242 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1857
0.34 acre lot
1,044 sqft
$378/sqft
About this House
Rare historical, legal two-family home, on a very large lot for this area. Located in Apponaug Village with separate private entrances to each unit. Large Sunny deck, Clean 1 BR apartments with water views, private yard, and off street parking. One of the two units has 2 full baths with stand-up showers. All Utilities included in rents. Perfect location just off Post Road is just steps from restaurants, city hall, banks, pharmacies etc and close to bus lines, airport, commuter rail and both Rte 95 and 295. It's also located just minutes to downtown East Greenwich for shopping and dining. A short drive to Providence round this out as the ideal, convenient, central location in Rhode Island. This could be the perfect home or investment, particularly when combined with 25 Colonial and 50 Colonial all located within steps of each other and all for sale. See MLS #s 1214172 and 1214094 for more details on other properties
40 Colonial Ave, Warwick, RI 02886 is a 2 bedroom, 3 bathroom, 1,044 sqft multi-family built in 1857. It last sold for $187,500 on Apr 22, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $394,500, with a rent estimate of $2,388/month.
Home Details for 40 Colonial Ave
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Interior Details BasementNumber of Rooms: 7 |
Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: AsphaltDeckExterior: Wood |
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Year Built Year Built: 1857 |
Property Type / Style Property Type: Multi FamilyArchitecture: Conventional |
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Units in Building: 2 |
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Lot Area: 0.34 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 22, 2019 Source: StateWide MLS RI #1213928 | Sold | $187,500 |
Apr 4, 2019 Source: Agent Provided | Pending | $199,000 |
Feb 1, 2019 Source: Agent Provided | Listed For Sale | $199,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,513 | $242,800 |
Home facts updated by county records
Market trends in Warwick
Last updated September 2026
Avg. sale price
$426K
$3.85KMoM
Sale-to-List Price
102.2%
0.7%MoM
Price per sq ft
$294
$11MoM
Available listings
247
14MoM
Sourced by Trulia Market Trends
Around this home
What Locals Say about Warwick
At least 579 Trulia users voted on each feature.
88 % Say parking is easy
88 % Say it's dog friendly
88 % Say car is needed
81 % Say yards are well-kept
78 % Say there's holiday spirit
71 % Say people would walk alone at night
67 % Say there's wildlife
63 % Say it's quiet
60 % Say kids play outside
57 % Say it's walkable to restaurants
53 % Say neighbors are friendly
52 % Say they plan to stay for at least 5 years
51 % Say streets are well-lit
46 % Say there are sidewalks
44 % Say it's walkable to grocery stores
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 40 Colonial Ave
- What is 40 Colonial Ave estimated to be worth?Trulia's estimated value for 40 Colonial Ave in Warwick, RI is $394,500.
- What is the price history for 40 Colonial Ave?40 Colonial Ave in Warwick, RI last sold for $187,500 in April 2019.
- Is Warwick a buyer's or seller's market?Warwick is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Warwick?The median sale price in Warwick is $426K. That is down $3.85K from the prior month.

