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    North Providence Multifamily Investment Opportunity
    Updated: Mar 12
    North Providence Multifamily Investment Opportunity

    1 Greystone, North Providence, RI 02911

    $1,999,900
    9,498 sqft 0.43 AC lot
    Consistent cash flow from day one.
    Prime North Providence location near Centredale with convenient access to Route 44 and I‑295.
    11 Units: Featuring a 9‑unit multifamily building and a duplex.
    Mix of 1- and 3‑bedroom units.
    Assigned on‑site parking and coin‑op laundry in basement.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1 Greystone, North Providence, RI 02911

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $126K
      Annual

    • Price @ 7% Cap

      $1.79M
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1920
    View Property Analytics
    Multifamily Property Development Opportunity
    Updated: May 18
    Multifamily Property Development Opportunity

    49 Emanuel Street, North Providence, RI 02911

    $1,799,999
    Shovel‑ready with approved plans for a luxury four‑unit residential development.
    Generates immediate rental income from two fully leased, recently renovated three‑family dwellings.
    Expansive parcel with substantial frontage and site potential.
    Offers endless possibilities for a visionary investor or developer to create a premier project.
    Ideally situated in a desirable suburban setting with easy access to major highways.
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    Multifamily Investment Opportunity
    Multifamily Investment Opportunity

    1 Greystone Ave, North Providence, RI 02911

    Contact for pricing
    0.43 AC lot

    Eleven residential units on 18,643 SF of land.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in North Providence, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Three-Family Rental Property
    Three-Family Rental Property

    792 Atwells Avenue, Providence, RI 02909

    $935,000
    3,284 sqft

    Three-family residential building with two basement units and multiple one- and three-bedroom layouts.

    View details
    Brick Multifamily Apartment Buildings
    Brick Multifamily Apartment Buildings

    777 Admiral Street, Providence, RI 02908

    Contact for pricing
    15,272 sqft 0.42 AC lot

    Renovated apartment buildings with multiple unit types and extensive system upgrades, supported by ample off-street parking.

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    Mixed-Use Building with Development Potential
    Mixed-Use Building with Development Potential

    1039 Douglas Avenue, Providence, RI 02904

    $995,000
    0.46 AC lot

    Mixed-use property with income and development potential in Providence.

    View details
    Corner Mixed-Use Building
    Corner Mixed-Use Building

    515 Hartford Ave, Providence, RI 02909

    Contact for pricing

    Corner mixed-use property in Providence with a commercial space, residential units, and off-street parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in North Providence, RI

    Consider similar Off-Market properties in North Providence, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    13 Dickinson Ave
    Multifamily properties

    13 Dickinson Ave, North Providence, RI 02904

    Value Estimation by Request
    3,028 sqft
    View details
    294 Woonasquatucket Ave
    Multifamily properties

    294 Woonasquatucket Ave, North Providence, RI 02911

    Value Estimation by Request
    View details

    North Providence, RI Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in North Providence, RI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,498 square feet of properties for sale, with an estimated market value of $3,799,899.

    Sale prices for two-family homes in North Providence, RI start at $1,799,999, averaging $1,899,949, and reaching up to $1,999,900 — 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 87K
    Population Growth (5Y) +2.1%
    Median Household Income $72,693
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02911 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.37%
    Property Tax per SF $18.86 per SF
    Tax Rate vs County Average 0.42 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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