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    Duplex Investment Property Title is generated by Realmo AI

    162 SE Eastwood Avenue, Providence, RI 02909

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    Claim this Listing
    For Sale
    $679,900

    MULTI_FAMILY - Providence, RI

    Property size:
    2,116 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $321/SF
    Added:
    Apr 16, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 12 at 12:06 am

    Property Features for 162 SE Eastwood Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 6, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Basement, Bedroom 4, Bedroom 1, Bathroom 2
    Parking
    8
    Interior features
    Wall (Dry Wall), Stairs, Plumbing (Copper), Plumbing (Mixed), Insulation (Unknown)
    Basement
    Full, Finished
    Appliances
    Gas Water Heater, Dryer
    Standard status
    Active
    Size
    2,116 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4023

    Utilities

    Heating system
    Natural Gas, Space Heater, Forced Air
    Water source
    Public

    Building Details

    Year built
    2008
    Number of units
    2
    Flooring type
    Hardwood, Tile - Ceramic
    Building materials
    Dry Wall, Vinyl Siding

    We can help!

    Listing Contact
    Aggy Garcia

    Listing agent Aggy Garcia

    Listing office Auburn Insurance & Realty Co. 1119 Reservoir Avenue, Cranston, RI

    Listing date Apr 16, 2026

    MLS# 1410291 Listing URL

    Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 2008
    • Public water source
    • Heating includes forced air and natural gas, plus a space heater
    • Flooring includes hardwood and ceramic tile
    • Plumbing includes copper plumbing and mixed plumbing
    • Vinyl siding with drywall interior materials

    Overview

    This duplex residential income property is offered for sale with a total building size of 2,116 square feet and sits on a 0.1148-acre lot. The listing is categorized as both duplexes and multifamily properties, supporting use as an owner-occupied or investor-held residential rental asset.

    The property is located at 162 SE Eastwood Avenue in Providence, Rhode Island 02909, within Providence County. Its city setting provides an in-town residential context for tenants seeking local access.

    For buyers considering a small multifamily hold, this duplex format can offer multiple income-producing units within a manageable footprint. Prospective tenants and owner-operators may find it useful as a straightforward residential rental structure, sized to fit within the lot and building dimensions listed in this offering.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $54.6k $25.80
    − Vacancy −$3.5k −$1.68
    EGI $51.0k $24.12
    − OpEx −$15.3k −$7.24
    NOI $35.7k $16.89
    2,116 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $510.4K
    $446.6K – $595.5K (±1% cap)
    NOI $35,731 @ 7.0% cap · market cap 5.26%
    Second Best
    Apartment 5plus
    $458.5K
    $401.2K – $534.9K (±1% cap)
    NOI $32,094 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    Office A
    $707.9K
    $619.4K – $825.9K (±1% cap)
    NOI $49,554 @ 7.0% cap · market cap 7.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.453508
    Latitude
    41.815276

    FAQs

    What type of property is this?
    Duplex - Duplex for sale in Providence, offering a compact residential income configuration on a small lot.
    Where is this duplex located?
    The property is located at 162 SE Eastwood Avenue Providence, RI.
    What is the asking price?
    The asking price for this property is $679,900.
    What are key features of this property?
    This property features: Built in 2008; Public water source; Heating includes forced air and natural gas, plus a space heater
    More about this property
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