40 Colonial Ave, Warwick, RI 02886
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Property image
OFF MARKET

40 Colonial Ave
Warwick, RI 02886

  • 2 Beds
  • 3 Baths
  • 1,044 sqft (on 0.34 acres)

$398,800

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,521/mo*
Refinance Your Home

$398,800

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,521/mo*
Refinance Your Home
2 Beds
3 Baths
1,044 sqft
(on 0.34 acres)

Home Value

Trulia Estimate
$399K
Since last month
Decreased$1K (-0.3%)
Since last year
Increased$16K (+4.1%)
Since last sale
Increased$215K (+114.6%)
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 +138% in the last 10 years
MonthEstimated value
2026
August 2026$402K
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
3214 Post Rd, Warwick, RI
0.07
Multi-Family Home
$640,000
11/06/25
7
3
2,903
2960 Post Rd, Warwick, RI
0.46
Multi-Family Home
$2,386
06/22/26
2
2
1,456
106 Palace Ave, Warwick, RI
0.54
Multi-Family Home
$450,000
12/11/25
4
2
1,536
112 Tiernan Ave, Warwick, RI
0.93
Multi-Family Home
$520,000
05/15/26
4
2
844
110-112 Tiernan Ave, Warwick, RI
0.91
Multi-Family Home
$520,000
05/14/26
4
2
1,660
630 Main Ave, Warwick, RI
1.06
Multi-Family Home
$580,000
12/30/25
6
2
1,500
292 Main Ave, Warwick, RI
1.33
Multi-Family Home
$620,000
09/08/25
4
3
2,160
124 Keystone Dr, Warwick, RI
1.48
Multi-Family Home
$228,000
07/16/26
2
1
733
178 Custer St, Warwick, RI
2.36
Multi-Family Home
$200,000
11/19/25
4
2
1,396
89 Adelaide Ave, Warwick, RI
2.29
Multi-Family Home
$436,000
06/11/26
4
4
1,624

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
3214 Post Rd, Warwick, RI 02886
0.07
$640,000
7
3
2,903
Recently Sold
3220 Post Rd, Warwick, RI 02886
0.08
$332,400
1
1
584
Off Market
3181 Post Rd, Warwick, RI 02886
0.13
$555,800
4
2
2,336
Off Market
416 Arnolds Neck Dr, Warwick, RI 02886
0.14
$463,800
2
2
1,564
Off Market
121 Prospect St, Warwick, RI 02886
0.15
$520,000
3
2.5
1,372
Recently Sold
88 Spruce St, Warwick, RI 02886
0.18
$377,400
3
1.5
1,103
Off Market
3399 Post Rd #13, Warwick, RI 02886
0.18
$310,000
2
2.5
990
For Sale
3399 Post Rd #27, Warwick, RI 02886
0.18
$308,800
2
2.5
990
Off Market
3399 Post Rd #19, Warwick, RI 02886
0.18
$286,900
2
2.5
1,000
Off Market
3399 Post Rd #6, Warwick, RI 02886
0.18
$329,999
2
2.5
990
Recently Sold
3399 Post Rd #9, Warwick, RI 02886
0.18
$321,200
2
2.5
990
Off Market
3399 Post Rd #17, Warwick, RI 02886
0.18
$295,200
2
1.5
992
Off Market

Local Information

  • Map ViewExplore the area around 40 Colonial Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1857
Lot Size
0.34 acres
Living Area
1,044 sqft
Price/Sqft
$382

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. It is currently off market. The Trulia Estimate is $398,800, with a rent estimate of $2,565/month.

Home Details for 40 Colonial Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Other, GasHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Wood

Property Information

Year Built
Year Built: 1857
Property Type / Style
Property Type: Multi FamilyArchitecture: Conventional

Community

Units in Building: 2

Lot Information

Lot Area: 0.34 acres

Price and Tax history

DateEventPrice
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

Market trends in Warwick

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$432K
$5KMoM
Sale-to-List Price
102.0%
1.1%MoM
Price per sq ft
$305
$3MoM
Available listings
229
7MoM
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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.
  • Rebecca Warner
    "Good schools. Convenient shopping. Minutes from Providence and 45 minutes to Boston.lots of nice parks and schools with playgrounds."
    0
    Flag
  • Hms1960
    "I’ve lived here for 10 years and love it!!! I love living by the ocean! Everything is 5 miles or less to get to. Airport, train, hospital and a lot of stores!"
    0
    Flag
  • Howard.a.merten
    "Very nice people, diverse ages and wealth, good mix. Friendly, sense of community. We talk to our neighbors. "
    0
    Flag
  • 4kentheroad
    "It’s a very family friendly area and for the most part very quiet and peaceful. Close to a lot of amenities "
    0
    Flag
  • Paul Tremblay
    "I grew up in this neighborhood and bought my own home here 3 years ago. Family homes, walkable and safe for the most part."
    0
    Flag
  • Howard.a.merten
    "Gaspee Days are a special time in our neighborhood, great for the whole family. Parade, fireworks, craft fair. Pawtuxet Village is also a lively gem. "
    0
    Flag
  • Zachary Lyons
    "Commuting is great have access to all highways and cities around every corner it is amazing I highly recommend living here "
    0
    Flag
  • 4kentheroad
    "Halloween parade through the neighborhood with a escort by police and firefighters and most everyone in the neighborhood participates in passing out candy "
    0
    Flag
  • Tbella9
    "They blow through the stop signs without even tapping their breaks. As long as you have a yard you’re safe "
    0
    Flag
  • Dillonevansjr
    "Friendly and safe. Everyone we have met has been very welcoming. Also centrally located in RI and right near highway access "
    0
    Flag
  • Alicia Cotrone
    "Have a trashy neighbor but other than that everyone is super kind, kids feel safe, dog friendly neighborhood "
    1
    Flag
  • Trulia User
    "Lots of dog walkers always on leash, but no sidewalks, lots of cars parked on the road so it’s hard to get around. "
    2
    Flag
  • Trulia User
    "Nothing! People walk their dogs all the time. Quiet neighborhood, people respect each other’s property. "
    1
    Flag
  • Danyal Y.
    "There is a dog park nearby at the local City Park. I’ve been multiple times with both my pups and never had any issues. "
    9
    Flag
  • S. C.
    "Great access to the highways, PVD, and TF Green Airport. Some traffic on Route 4 and Interstate 295 during peak rush hour, but nothing like city traffic. "
    5
    Flag
  • Chelsea R.
    "Great dog park at City Park in Warwick! Even a hose to fill the available water dishes very large and roomy for dogs to run in shade and sun! "
    4
    Flag
  • Kerri C.
    "there's a bus stop right around the corner, and the driving isn't too hectic, as long as people actually obey traffic laws "
    0
    Flag
  • Petterson G.
    "Warwick is convenient and safe. close to everything and less stressful than Providence. I lived in here for almost two years and I like it."
    2
    Flag
  • Erik L.
    "The dog park is great, very animal friendly , clean and great people! I lived here for 6 years now and love it here"
    8
    Flag
  • Lisa J.
    "Short. No traffic. Easy to navigate No highways. Not long. Easy to drive. No traffic Short "
    0
    Flag
  • Dave S.
    "I have lived in Warwick for 20 years and enjoy living here today. the town has beaches, restaurants on the water along with fine dining. "
    2
    Flag
  • Raceday
    "the people who live here make all the difference in the world. it has always felt like home right from the first week 20 years ago when we first stepped foot in our house."
    0
    Flag
  • Angela P.
    "Meadowbrook is a very quiet neighborhood. Everyone is friendly and yards are always kept up nicely. "
    12
    Flag
  • Raceday
    "I've lived In this neighborhood for 20 and have never had a bad day here. we would have to have a good reason go leave which doesn't seem possible. "
    0
    Flag
  • Tara E.
    "everyone has a doggie or 2! great neighborhood, wide sidewalks, plenty of route options. leash law is common. i don't think there is local dog park, but possibly a wuixk drive to nearest."
    1
    Flag
  • Ajtwed
    "Other dogs barking late at night when your own dog doesn’t make a sound. Hours upon hours of it. Really gets annoying "
    7
    Flag
  • Mattferreira90
    "Love it here!!!!!! Everyone’s friendly and nice cute lil shops and stores around too!!!!!!!!!gvggbgbhbb"
    3
    Flag
  • Ladyjohannapadilla.lp
    "all good with the neighborhood I love it. is a good place to leave I wish to find another house for rent closed here"
    6
    Flag
  • Alicia C.
    "Many young families, very Convenient location grocery stores Dunkin’ Donuts banks are all very very close by usually walking distance"
    2
    Flag
  • Rgilbert394
    "I’ve lived in Warwick for 15 years. I just love it. Roads are decent. People are nice. Easy to access highways, gas stations, etc "
    2
    Flag
  • Danielle568
    "It’s a quiet safe and friendly neighborhood. Have lived here 4ys and I love it. Just be careful on the main road "
    4
    Flag
  • Robin D.
    "Only 7 miles to the capital city and literally everything you need is within 10 minutes drive or less"
    3
    Flag
  • Michael J.
    "Very quiet and safe neighborhood. Everyone is very friendly and never have any issues. My family loves it here"
    2
    Flag
  • Chuck A.
    "Rhode Island is 45 miles long and just 25 miles wide. It’s the smallest state in the union, as well as the 13th colony. It’s a amazing place to visit."
    3
    Flag
  • Gina R.
    "Main Street strolls are always excellent and Main Street has a lot to offer in restaurants and many other fabulous shops"
    1
    Flag
  • Jusman420.jp
    "I’ve lived in this neighborhood for 5 years now and the street I live on the neighbors are very nice and helpful. Can be traffic heavy and loud during the summer. "
    0
    Flag
  • Lacy R. M.
    "neighbors are way too nosey. taxes are way too high. warwick is overrated and over policed. I'll be happy to be out. "
    4
    Flag
  • Seedahw
    "It's very quiet and so I don't get to see my neightbors often. Very safe. I arrive home @ 3:00 am with no problem."
    1
    Flag
  • Trulia User
    "Drive to Providence. Usually takes about fifteen minutes, but traffic seems to be getting heavier lately."
    0
    Flag
  • Melanie M.
    "very safe community and people know each other. nice neighborhood with a lot of people and kids. I've lived here for over 15 years and love it."
    0
    Flag

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Explore by feature - Pet Friendly

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Homes for sale near 40 Colonial Ave

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Off Market Homes Near 40 Colonial Ave

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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 $398,800.
  • 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 $432K. That is up $5K from the prior month.