Coventry Homes under $500,000

Coventry Homes under $500,000

Welcome to Coventry, Rhode Island – a hidden gem nestled in Kent County that perfectly blends small-town charm with modern convenience. With its picturesque landscapes, friendly community, and rich history, Coventry is an ideal place for families, retirees, and anyone seeking a peaceful lifestyle without sacrificing access to urban amenities.

Coventry is known for its beautiful parks, serene lakes, and vibrant local culture. Residents enjoy year-round outdoor activities, from hiking and biking along scenic trails to fishing and boating on the tranquil waters of Lake Tiogue. The town also boasts a variety of shopping, dining, and entertainment options, ensuring that there’s always something to do. With a strong sense of community, Coventry hosts numerous events throughout the year, including farmers' markets and seasonal festivals that bring neighbors together.

For those looking to call Coventry home, the real estate market offers an array of options under $500,000. Whether you’re searching for a cozy single-family home or a charming townhouse, you’ll find properties that cater to various tastes and budgets. Many homes feature spacious yards, modern amenities, and easy access to local schools and parks, making them perfect for families or anyone looking to enjoy a tranquil lifestyle.

With its affordable housing options and welcoming atmosphere, Coventry is not just a place to live; it’s a place to thrive. Explore the possibilities today and discover why so many are choosing to make this delightful town their home!

Newest Coventry Homes under $500,000

16 Powhatan Avenue, Coventry
$329,000
2 Beds ⋅ 1 Baths
Discover the possibilities in this charming single-level home featuring 2 bedrooms and 1 full bath! Enjoy hardwood flooring throughout, with ceramic tile in the kitchen and bathroom. The full, unfinished basement offers excellent storage potential, a cedar closet, laundry and utility space, and convenient interior and exterior access. An integral one-car garage and additional parking add everyday convenience. Set on a fenced corner lot with sidewalks, this home is ideally located near shopping, restaurants, schools, public transportation, and highway access. A fantastic opportunity to add your personal touch and make this home your own!

16 Powhatan Avenue, Coventry

Listing courtesy of J. Christopher Real Estate Grp. Contact:

87 WRIGHT Way, Coventry
$174,900
2 Beds ⋅ 2 Baths
Charming well cared for 2 bed/2 bath mobile home featuring many updates throughout including a newer roof, heating system and hot water tank. Enjoy peaceful days sitting on your front porch. This home offers privacy with a wooded area behind the property. Conveniently store your gardening tools and other accessories in your generously spaced shed. Park includes amenities such as a club house, pickleball courts and playground.

87 WRIGHT Way, Coventry

Listing courtesy of RE/MAX ADVANTAGE GROUP. Contact:

8 Lane Four, Coventry
$134,900
1 Beds ⋅ 1 Baths
Beautifully renovated and move-in ready, this one-bedroom, one-bath home in Coventry's Maple Root Village offers a fresh, modern feel throughout. Updates include new windows, fresh paint, luxury vinyl plank flooring, and a stylish kitchen featuring butcher block countertops and all-new appliances, including a refrigerator, stove, and dishwasher. The updated bathroom features marble-look tile and modern fixtures, while the spacious enclosed porch provides extra room for morning coffee, relaxing, or entertaining. A detached shed offers convenient additional storage, with street parking available. The park handles water, septic/sewer service, trash pickup, and snow plowing for added everyday convenience. Thoughtfully refreshed throughout, this home is ready for you to make it your own! Financing may be available through a lender familiar with pre-1976 manufactured homes, subject to buyer and property qualification. Contact the listing agent for details. Photos 5 & 10 have been virtually staged.

8 Lane Four, Coventry

Listing courtesy of Cote Partners Realty LLC. Contact:

6 Centre Street, Coventry
$425,000
3 Beds ⋅ 1 Baths
COMING SOON! Meticulously maintained 3 bedroom, 1 bathroom ranch. This home offers an oversized garage and a lot that is just over half an acre. Newer roof, and appliances make this home a great choice. A few updates and this house will be stunning.

6 Centre Street, Coventry

Listing courtesy of RE/MAX ADVANTAGE GROUP. Contact:

441 Franklin Road, Coventry
$329,900
2 Beds ⋅ 1 Baths
441 Franklin Road, Coventry, RI | 5+ Acres | Investor & Renovation Opportunity Opportunity awaits at 441 Franklin Road! Set on over five acres in an established Coventry location, this property offers a rare combination of acreage, privacy, and potential for the buyer ready to take on a complete transformation. Originally built in 1850, the existing Cape Cod features 2 bedrooms, 1 bathroom, and 758 square feet of living space. **This is a full rehabilitation project requiring extensive improvements throughout**, making it ideally suited for experienced investors, contractors, builders, or buyers utilizing an appropriate renovation loan. Whether your vision involves restoring the existing residence or exploring the possibility of new construction, the substantial parcel provides an opportunity to create something truly special, subject to municipal approvals. Property is being sold strictly as-is, with the seller making no repairs or improvements. Buyers are responsible for conducting all due diligence regarding property condition, financing, zoning, septic, and potential uses. Bring your contractor, your plans, and your vision to unlock the possibilities!

441 Franklin Road, Coventry

Listing courtesy of Engel & Volkers Oceanside. Contact:

57 Roundway Drive, Coventry
$165,000
3 Beds ⋅ 1 Baths
This property is a burn out - Buyer to do their own due diligence.

57 Roundway Drive, Coventry

Listing courtesy of Coldwell Banker Realty. Contact:

44 Dion Avenue, Coventry
$475,000
3 Beds ⋅ 2 Baths
Well-maintained 3-bedroom, 2-bath Colonial built in 2005. Features include hardwood floors, granite countertops, stainless steel appliances, new front deck, a whole house water filtration system and a finished walkout basement. Exterior improvements include a backyard deck, storage shed, new irrigation system, boulder wall and fencing, and exterior security lighting. A wonderful opportunity to own a well-maintained home with extensive improvements!

44 Dion Avenue, Coventry

Listing courtesy of Keller Williams Coastal. Contact:

3 Union Street 5, Coventry
$499,900
8 Beds ⋅ 2 Baths
Solid Duplex with 4 beds on each side! The left side apartment was redone in 2020 and features a granite kitchen & hardwood flooring with 1st floor laundry. This is a perfect owner occupied unit. Separate utilities and separate basement areas. Plus the property is hooked up to sewers! The backyard is fenced with off street parking.

3 Union Street 5, Coventry

Listing courtesy of RI Real Estate Services. Contact:

6 Old Hope Road, Coventry
$409,000
3 Beds ⋅ 1 Baths
PLEASE NOTE FRIDAY 11/23 OPEN HOUSE CANCELLED! CHECK BACK LATER REGARDING SATURDAY 11/24. Rare opportunity to own a fabulous property at an affordable price. All the major exterior and mechanical components are in great shape, including a young roof, siding and windows, Trex deck, central air, central vac, generator and a smart hot water heater installed in 2025. What's left? The inside needs a serious refresh. New flooring, paint and lower level ceilings will make an immediate and dramatic difference. The original kitchen and bath are in good condition and offer the opportunity to update over time if desired. Cathedral ceilings on the entire upper floor add to the sense of space, and the home sits on a beautiful one-acre lot tucked away on a quiet cul-de-sac with just four houses. Woods across the street and beyond the backyard create a peaceful, natural setting with plenty of privacy.This is not a move-in-ready home, but it IS a solid home with the costly improvements already behind you and tremendous potential to build quick equity through relatively straightforward interior updates. The home has town water and a 3 bed septic system. The two beds on the upper floor are spacious and there is a 3rd room on the lower floor that has been used as a bedroom with hanging clothes kept in a large armoire. This is an estate sale being sold as-is.

6 Old Hope Road, Coventry

Listing courtesy of Fair Winds Realty Group LLC. Contact:

53 Lear Drive, Coventry
$125,000
2 Beds ⋅ 2 Baths
Contractors, Investors, cash buyers and handy persons this one is for you. ARV averages $220k. Buyers and buyers' agents are responsible for conducting their own due diligence and verifying all information. Cannot be rented out. Large 200 square foot enclosed (heated) porch. Heating system & hot water tank were installed in 2024 & the roof is only about 10 years old. Backyard is wooded with a 12x12 shed. Westwood Estates provides a clubhouse, basketball court, tennis court and tot lot for residents use. Park approval is required.

53 Lear Drive, Coventry

Listing courtesy of SD Realty Associates. Contact:

45 Edward Street, Coventry
$375,000
3 Beds ⋅ 1 Baths
Just in time for the colder months, you can pull right into your attached garage and unwind by your cozy fireplace. This move-in ready 3-bed, 1-bath home is on a prime corner lot with beautifully refinished hardwood floors. This home is just waiting for your personal cosmetic touches. The full bathroom has a full bath with shower and an additional walk-in shower. Enjoy the bonus heated sunroom/enclosed porch year-round. The basement features high ceilings with interior and exterior access, offering incredible potential for expanded living space. Just minutes away from local shopping, dining, and major highways.

45 Edward Street, Coventry

Listing courtesy of SD Realty Associates. Contact:

28 Rosemary Street, Coventry
$435,000
3 Beds ⋅ 1 Baths
GREAT OPPORTUNITY IN COVENTRY'S DESIRABLE HOPKINS HILL NEIGHBORHOOD! This 3-bedroom ranch on a large 1/4 acre lot offers comfortable single-level living with additional finished space in the walkout lower level with garage. Featuring hardwood floors, an enclosed porch, deck, concrete patio, and a spacious backyard complete with a fully operational inground swimming pool, this property offers plenty of potential inside and out! BIG-TICKET UPGRADES ALREADY DONE! Enjoy the benefits of a newer septic system and an extensive rooftop solar panel system that will be PAID OFF IN FULL AT CLOSING! Imagine the potential for significant savings on your electric bills without the burden of a solar loan! Located in the sought-after Hopkins Hill section of Coventry, this home offers a wonderful neighborhood setting with convenient access to I-95, shopping, restaurants, schools, and all everyday amenities. PRICED AGGRESSIVELY FOR A QUICK SALE! Property is being sold strictly AS IS, WHERE IS, offering a fantastic opportunity for buyers to add their personal touches and build equity. With valuable improvements already in place, a beautiful backyard retreat, and an excellent location, this is an opportunity you don't want to miss! SCHEDULE YOUR SHOWING TODAY!

28 Rosemary Street, Coventry

Listing courtesy of Homistic Real Estate, Inc.. Contact:

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