58 Read Ave, Coventry, RI 02816
Property image
Property image
OFF MARKET

58 Read Ave
Coventry, RI 02816

  • 5 Beds
  • 3 Baths
  • 1,750 sqft

$551,900

Trulia Estimate
as of Jul 8, 2026

$551,900

Trulia Estimate
as of Jul 8, 2026
5 Beds
3 Baths
1,750 sqft

Local Information

  • Map ViewExplore the area around 58 Read Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Turnkey 3-Family Investment Property!
This well-maintained 3-family home is fully rented and ready to generate income from day one. The property features one 1-bedroom unit and two 2-bedroom units, all currently occupied with dependable tenants, including two long-term renters.
Recent upgrades ensure years of low-maintenance ownership:
Brand new roof
Maintenance-free exterior siding & trim
Complete electrical system upgrade
Additional updates throughout the property
Tenants enjoy plenty of off-street parking and a convenient, low-maintenance living environment. With strong rental history and modern improvements, this property is an excellent opportunity for investors or an owner-occupant looking to build equity while collecting rental income.
58 Read Ave, Coventry, RI 02816 is a 5 bedroom, 3 bathroom, 1,750 sqft multi-family built in 1930. It last sold for $200,000 on Jan 7, 2004. It is currently off market. The Trulia Estimate is $551,900, with a rent estimate of $2,002/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 58 Read Ave

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Family Room, Laundry Room
Heating & Cooling
Heating: Baseboard, OilHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 2Floors: Laminate
Appliances & Utilities
Cable Ready
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other, Vinyl, MetalLawn
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 3

Lot Information

Lot Area: 4791 sqft

Price History for 58 Read Ave

DatePriceEventSource
05/05/2026$575,000ListingRemovedStateWide MLS RI #1400198
11/14/2025$575,000PriceChange
MLS PIN #73455073
08/28/2025$650,000Listed For SaleN/A
01/07/2004$200,000Sold
N/A
07/10/1997$68,000Sold
N/A
06/02/1997$51,000Sold
N/A

Market trends in Coventry

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
73
9MoM
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Property Tax and Assessment

Year2025
Tax$4,028
Assessment$254,300
Home facts updated by county records

Comparable Sales for 58 Read Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
125 Read Ave, Coventry, RI
0.09
Multi-Family Home
$415,000
03/02/26
4
2
1,792
10 Mill St, West Warwick, RI
0.44
Multi-Family Home
$360,000
12/29/25
5
2.5
1,612
62 Pond St, West Warwick, RI
0.32
Multi-Family Home
$485,000
12/03/25
5
2
1,836
7 Shippee Ave, West Warwick, RI
0.46
Multi-Family Home
$270,000
06/26/26
5
2
1,954
133 Read Ave, Coventry, RI
0.11
Multi-Family Home
$412,000
09/05/25
5
3
2,424
45 Bates Ave, Coventry, RI
0.31
Multi-Family Home
$465,000
02/06/26
4
2
1,848
38 East St, West Warwick, RI
0.30
Multi-Family Home
$560,000
01/27/26
7
3
2,680
15 Mill St, West Warwick, RI
0.45
Multi-Family Home
$392,000
09/22/25
4
2
1,586
53-55 Ottawa St, West Warwick, RI
0.42
Multi-Family Home
$467,000
12/01/25
8
3
2,511
75 Winthrop Ave, West Warwick, RI
0.54
Multi-Family Home
$385,000
08/01/25
4
2
1,872

Nearby homes

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Assigned Schools

These are the assigned schools for 58 Read Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Coventry

At least 96 Trulia users voted on each feature.

  • 95 % Say car is needed

  • 90 % Say parking is easy

  • 89 % Say it's dog friendly

  • 78 % Say yards are well-kept

  • 74 % Say people would walk alone at night

  • 71 % Say there's wildlife

  • 70 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 66 % Say it's quiet

  • 56 % Say neighbors are friendly

  • 50 % Say there are sidewalks

  • 45 % Say streets are well-lit

  • 42 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to restaurants

  • 31 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Wmwgr6gnkq
    "Easy and very nice people everywhere i go. Really nice area and veey little crime activity happening"
    0
    Flag
  • Waltonjamez88
    "Easy and smooth sailing cool place to live and great community to be apart of in this day and age. Neighborhood is great and safe and very trustworthy. "
    0
    Flag
  • Spartan19982016
    "I think this area is safe and enjoyable. It’s very quiet and calm and you will be able to fish and nice restaurants around"
    0
    Flag
  • Cornydot14
    "Nothing to note packages are never stolen if anything there’s some neighbors that are loud but overall it’s pretty safe "
    0
    Flag
  • Trulia User
    "This a very secure neighborhood with parks and open spaces near. Supermarkets, gas stations and local markets also available. "
    3
    Flag
  • Trulia User
    "Public transportation stop just in front of the building. Great flow of traffic with safe sidewalks and crosswalks. "
    0
    Flag
  • Slanonuevo
    "It’s a great place to raise a family. I love the school system and the bike paths. The also have lots of great ice cream shops "
    0
    Flag
  • Trulia User
    "I'm new to the area so I'm not really sure, but everyone is friendly and there are lot dogs and kids "
    0
    Flag
  • Mirandarmitchell
    "Easter egg hunts and trick or treating are the best here. Very involved and friendly people for the most part. "
    0
    Flag
  • Sgnurse
    "Lived here almost 30 years and always felt safe. Neighbors keep to themselves. Good school system. Good place to raise kids."
    13
    Flag
  • Lorileemacd
    "I think this neighborhood has declined since the closing of the local oak haven elementary school. People walk away from their homes lots of foreclosures in this neighborhood bringing down property values yet taxes still increase"
    4
    Flag
  • Mark J.
    "homely place with a little bit of everything slowly being overpopulated though. quite place over all"
    0
    Flag
  • Dond406
    "The school system is amazing, as long as the citizens continue to support them when the town threatens cuts. Sometimes spending is frivolous (ie: replacing curb stones and sidewalks when unnecessary)"
    0
    Flag
  • Linda M
    "Nearly harassed me because when I first moved here my cat wasn’t fixed. Noisy people Hit and runs Parking infront of my house from neighbors, cutting down MY trees by neighbors when I’m not home.. moving."
    0
    Flag
  • Smjen
    "I lived in the area for 20 years, moved to Chicago and I'm returning now after 22 years. Love the area."
    13
    Flag
  • Michael N.
    "I guess the fire department brings santa around a few days before Christmas. We don't do anything in my neighborhood."
    0
    Flag
  • wchitt4099
    "Coventry has great rated schools. I feel safe in this area compared to the city of Providence. Come check out Coventry. "
    0
    Flag
  • Weigkatric
    "It’s the largest town in the smallest state! We are a suburban community and have lots of lakes and forests to hike and do outside activities. "
    1
    Flag
  • Timekeeper70
    "It’s easy and safe to walk dogs in my neighborhood. Some areas of Coventry are rural so I imagine it would be harder to do so in those areas."
    0
    Flag
  • Rj c.
    "People are friendly and respectful...dogs are always on their leash and are picked up after...I live on a dead end so very little traffic "
    0
    Flag
  • Buslady2528
    "Wonderful area with shops within walking distance. A slice of the country life with urban conveniences close at hand. "
    0
    Flag
  • Amadrain
    "Coventry has a small town friendly feel, good people, and beautiful scenery, yet it’s close enough to everything you need. I love pond life. "
    8
    Flag
  • Benpeterson90
    "3 year resident. Relatively safe area, easy access to highway. Freshly paved roads. However, relatively high taxes."
    1
    Flag
  • Rhamltn671
    "The roads are in bad condition full of pot holes and frost heaves...its lovely. I also love old abandoned mills. Vinyl siding is one of the best inventions ever."
    2
    Flag

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Coventry, RI

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Homes for sale near 58 Read Ave

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Off Market Homes Near 58 Read Ave

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