About this home

Rare investment or owner-occupant opportunity in the heart of Bristol's vibrant, walkable downtown district! Located at 400 & 406 Thames Street, this unique property features two separate multi-family houses situated on a single lot, with each building containing two rental units. Whether you are looking for a lucrative addition to your real estate portfolio or an owner occupied property, this versatile compound delivers unmatched potential. Step out your front door and look directly across the street at the waterfront views and Independence Park. Walk or ride down the street to instantly hop onto the scenic East Bay Bike Path. Tenants and owners alike will love the exceptional day-to-day convenience, being just steps away from Bristol's historic downtown boutique shopping, seaside cafes, and top-tier coastal restaurants.With steady rental demand driven by the downtown location and proximity to Roger Williams University, this multi-unit property is a cash-flowing powerhouse. Don't miss out on securing a significant piece of Bristol real estate right where everyone wants to live, work, and play!

Facts and features

Schools

• Mt. Hope High School

  high · 9-12 · 1.1 mi

  8

• Kickemuit Middle School

  middle · 6-8 · 4.0 mi

  7

• Colt Andrews School

  elementary · K-5 · 0.1 mi

  8

• Our Lady Of Mt Carmel School

  elementary · K-8 · 0.3 mi

• Our Lady of Mt Carmel

  elementary · PK-8 · 0.3 mi

• Guiteras School

  elementary · 2-5 · 0.3 mi

  6

Price history

• Nov 5, 2026 · Price Changed$799,000
• Sep 30, 2026 · Price Changed$850,000
• Sep 11, 2026 · Price Changed$1,000,000
• Jul 16, 2026 · Listed$1,195,000

Home value

$990,000

• Collateral Analytics$990,000

Where it is