Apartment Building

Coventry, RI Apartment Buildings for Sale

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West Greenwich, RI Scituate, RI West Warwick, RI Warwick, RI East Greenwich, RI Cranston, RI Foster, RI Johnston, RI
6-Unit Apartment Building
Updated: Mar 20
6-Unit Apartment Building

505 Washington Street, Coventry, RI 02816

$800,000
5,222 sqft 0.18 AC lot
6‑unit apartment building with two 1‑bedroom units and four 2‑bedroom units
5,222 square feet on a 0.18‑acre lot
Built in 1850 with vinyl siding and laminate flooring
Basement included in the building
Electric and baseboard heating systems
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6-Unit Apartment Building
Updated: Mar 20
6-Unit Apartment Building

505 Washington Street, Coventry, RI 02816

$800,000
0.18 AC lot
Six‑unit residential property with two 1‑bedroom units and four 2‑bedroom units
0.18‑acre parcel with off‑street parking
Frame construction; built in 1850
Located along Washington Street near shopping, dining, and everyday amenities
Access to Route 117 and Interstate 95
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Coventry Multifamily Investment Opportunity
Coventry Multifamily Investment Opportunity

505 Washington St, Coventry, RI 02816

$800,000
5,222 sqft

Well-maintained 6-unit residential property in a convenient location.

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Coventry Multifamily Investment Opportunity
Coventry Multifamily Investment Opportunity

513 Washington St, Coventry, RI 02816

$700,000
4,488 sqft

Well-maintained 5-unit residential property in Coventry, Rhode Island.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Coventry, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Tavern
Mixed-Use Property with Tavern

91 Duke Street, East Greenwich, RI 02818

$1,499,000
5,557 sqft 0.28 AC lot

Two-building commercial property combining a tavern, residential units, and a leasable garage in East Greenwich’s Hill and Harbor District.

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Tavern With Residential Units
Tavern With Residential Units

91 Duke St, East Greenwich, RI 02818

$1,750,000
5,557 sqft

Two-building property combines a tavern, five residential units, and a leasable garage.

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9-Unit Renovated Apartment Building
9-Unit Renovated Apartment Building

82 Pond St, West Warwick, RI 02893

$1,375,000
7,896 sqft

Renovated multifamily property with varied unit layouts, individual heating systems, and an adjoining land parcel.

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6-Unit Apartment Building
6-Unit Apartment Building

30 Potter Avenue, West Warwick, RI 02893

$1,000,000
4,679 sqft 0.24 AC lot

Multifamily property with separate unit utilities, storage areas, and washer/dryer hookups.

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Coventry, RI Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Coventry, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,932 square feet of properties for sale, with an estimated market value of $3,100,000.

Sale prices for two-family homes in Coventry, RI start at $700,000, averaging $775,000, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 36K
Population Growth (5Y) +9.9%
Median Household Income $100,485
College Educated 42.2%

High-Yield Neighborhoods for Investment

Identify Coventry submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02816 $800K

Taxes & Financing

Tax Rate (average for all types) 2.22%
Property Tax per SF $37.38 per SF
Tax Rate vs County Average 0.29 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kent County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Coventry fall within the 50,000 to 100,000 square foot range.

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