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    Brick Multifamily Apartment Buildings
    Updated: Jun 2
    Brick Multifamily Apartment Buildings

    777 Admiral Street, Providence, RI 02908

    $3,750,000
    15,272 sqft 0.42 AC lot
    11 two‑bedroom/1‑bath units and 6 one‑bedroom/1‑bath units across two buildings at 777–787 Admiral St (Providence), built in 1970
    10,130 SF gross living area in 15,272 SF gross area on a combined 0.42‑acre site with 20+ off‑street parking spaces
    Major capital improvements include all new boilers, extensive plumbing/electrical updates, and replacement of most windows
    Most units renovated with modernized kitchens and bathrooms plus in‑unit laundry and updated living spaces
    Durable multi‑story brick construction across the property
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    This listing looks promising.

    Here's a quick look at some key insights for

    777 Admiral Street, Providence, RI 02908

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $232K
      Annual

    • Price @ 7% Cap

      $3.31M
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1970
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    Two-Building 8-Unit Apartment Property
    Updated: Mar 11
    Two-Building 8-Unit Apartment Property

    84 Transit Street, Providence, RI 02906

    $1,595,000
    6,188 sqft 0.09 AC lot
    8‑unit, two‑building property in Fox Point, steps from historic Benefit Street
    Mostly month‑to‑month tenants and a strong existing income stream
    Year built 1900; brick and wood construction
    Natural gas heating with baseboard heat; gas water heater
    Ceramic tile, hardwood, and laminate flooring
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    Brick Two-Property Multifamily Portfolio
    Brick Two-Property Multifamily Portfolio

    134 Irving Avenue, Providence, RI 02906

    $2,975,000
    8,435 sqft 0.23 AC lot

    Two separate income buildings offer a 6-unit brick home and a 3-unit mix, each with coin-op laundry and off-street parking.

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    Corner Retail and Apartment Buildings
    Corner Retail and Apartment Buildings

    756 Hope Street, Providence, RI 02906

    $1,950,000
    7,000 sqft 0.11 AC lot

    Two connected buildings offer retail on triple-net leases and five recently refreshed one-bedroom apartment units.

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    Mixed-Use Development Parcel
    Mixed-Use Development Parcel

    665 Plainfield Street, Providence, RI 02909

    $649,900
    0.17 AC lot

    Development parcel with an existing repair shop and plans for 8 apartments and 3 commercial units.

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    Providence Multifamily Investment Opportunity
    Providence Multifamily Investment Opportunity

    62 Russo Street, Providence, RI 02904

    $825,000
    7,872 sqft 0.07 AC lot

    Six-unit multifamily property in Providence's desirable North End.

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    Value-Add Multifamily with Buildable Lot
    Value-Add Multifamily with Buildable Lot

    513 Charles Street, Providence, RI 02904

    $999,000
    3,550 sqft

    Six-unit property with newer roof, windows, and rear parking on an additional buildable lot.

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    Six-Unit Multifamily Investment Opportunity
    Six-Unit Multifamily Investment Opportunity

    528 Charles Street, Providence, RI 02904

    $850,000
    5,990 sqft

    Profitable six-unit building with value-add potential in Providence, RI.

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    12-Unit One-Bedroom Multifamily
    12-Unit One-Bedroom Multifamily

    94-96 Medway Street, Providence, RI 02906

    $2,795,000
    9,504 sqft

    Twelve one-bedroom units in a separately metered multifamily building near Wayland Square and Providence’s major education employers.

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    Income-Producing Mixed-Use Building
    Income-Producing Mixed-Use Building

    161 Benefit Street, Providence, RI 02903

    $6,350,000
    9,204 sqft

    Multi-use building on Benefit Street near Brown University and RISD.

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    Westminster Street Multifamily Investment Property
    Westminster Street Multifamily Investment Property

    1582 Westminster St, Providence, RI 02909

    $1,825,000
    6,926 sqft

    Well-maintained 9-unit multifamily property in Providence's high-demand West Side.

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    Six-Unit Apartment Building with Parking
    Six-Unit Apartment Building with Parking

    17 Ledge Street, Providence, RI 02904

    $975,000
    5,688 sqft

    Six-unit building with 13 bedrooms, updated interiors, energy-efficient heating, and parking for 15+ vehicles.

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    Fox Point Multifamily Investment Opportunity
    Fox Point Multifamily Investment Opportunity

    84 Transit Street, Providence, RI 02906

    $1,695,000
    6,188 sqft

    Two-building, 8-unit property in desirable Fox Point neighborhood.

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    Federal Hill Portfolio: 26 Units
    Federal Hill Portfolio: 26 Units

    133 Sutton St, Providence, RI 02903

    $3,600,000
    4,700 sqft

    26 residential units in Providence, RI. Ideal for investors.

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    Mixed-Use Development Site with Repair Shop
    Mixed-Use Development Site with Repair Shop

    665 Plainfield Street, Providence, RI 02909

    $649,900

    Existing repair shop on a parcel with plans for mixed-use 8 apartments and 3 commercial units.

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    Multifamily Building in Federal Hill
    Multifamily Building in Federal Hill

    63 De Pasquale Ave, Providence, RI 02903

    Contact for pricing
    10,575 sqft

    25-unit apartment building in Providence's vibrant Federal Hill neighborhood.

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    Multifamily Development Site with Approval
    Multifamily Development Site with Approval

    361 West Fountain Street, Providence, RI 02903

    $1,100,000

    Preliminary approval for 25 residential units makes this Providence multifamily site move-in-ready for development planning.

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    Wickenden Street Multi-Unit Property
    Wickenden Street Multi-Unit Property

    323 Wickenden, Providence, RI 02903

    $1,599,000
    5,470 sqft

    Multi-unit property near Brown University, RISD, and India Point Park.

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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.

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    Providence Multifamily Investment Opportunity
    Providence Multifamily Investment Opportunity

    122 Lowell Avenue, Providence, RI 02909

    $1,330,000

    Well-maintained 8-unit property near Federal Hill and Olneyville.

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    College Hill Multifamily Investment Opportunity
    College Hill Multifamily Investment Opportunity

    176 Williams Street, Providence, RI 02906

    $1,699,000

    Well-maintained 6-unit property in Providence's College Hill neighborhood.

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    Turnkey 8-Unit Investment Property
    Turnkey 8-Unit Investment Property

    241 Pocasset, Providence, RI 02919

    $1,599,999

    New construction 8-unit property with immediate cash flow potential.

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    Two-Home Multifamily Investment
    Two-Home Multifamily Investment

    134 Irving Avenue, Providence, RI 02906

    $2,975,000

    Two separate multifamily buildings offer 9 total units with coin-op laundry and off-street parking for residential income use.

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    Multifamily Property in Providence's North End
    Multifamily Property in Providence's North End

    62 Russo Street, Providence, RI 02904

    $825,000

    Six-unit multifamily property in Providence's desirable North End.

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    Providence, RI Apartment Buildings Market Trends and Statistics

    Explore 27 apartment buildings for sale in Providence, RI, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 145,783 square feet of properties for sale, with an estimated market value of $46,298,000.

    Sale prices for two-family homes in Providence, RI start at $825,000, averaging $2,314,900, and reaching up to $6,350,000 — 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 287K
    Population Growth (5Y) +3.2%
    Median Household Income $72,431
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Providence $1.7M
    Johnston $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.73%
    Property Tax per SF $21.00 per SF
    Tax Rate vs County Average 0.82 pp above 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Providence fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Providence, RI

    • 02906
    • 02903
    • 02904
    • 02909
    • 02907
    • 02908
    • 02919

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