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    987 Mendon Rd Cumberland, RI 02864

    New
    Under Contract
    For Sale
    $629,000

    Apartment,Multi Family - Cumberland, RI

    Property size:
    3,047 SF
    Lot size:
    0.11 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 987 Mendon Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    Bathrooms
    3
    Parking
    5
    Interior features
    Wall (dry Wall), Wall (paneled), Wall (plaster), Wall (wood), Stairs, Plumbing (mixed), Insulation (walls)
    Exterior features
    Paved Driveway
    Appliances
    Range, Refrigerator
    Size
    3,047 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1900
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Carpet, Hardwood, Laminate, Tile, Tile - Ceramic, Vinyl
    Building materials
    Plaster, Vinyl Siding
    Architectural style
    Other

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Janelle Spence (855) 450-0442

    Listing date Dec 1, 2025

    MLS# 1398663 Listing URL

    Copyright © 2025 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.

    Overview

    Oversized Three-Family Property

    This oversized three-family property presents an opportunity for both owner-occupiers and investors seeking to expand their portfolios. The first-floor unit features three bedrooms and an oversized enclosed porch, offering additional space. The second-floor unit includes two bedrooms plus extra space suitable for an office or play area. The third-floor unit has two good-sized bedrooms and a double-sized living room. The property provides ample parking and a small backyard. The first and second units are currently occupied by month-to-month tenants, while the third floor is to remain vacant. All units have been recently updated. The property is located in Cumberland, Rhode Island, and is situated on a 0.11-acre lot. The total property size is 3047 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.420584
    Latitude
    41.928803

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with recent updates, ideal for investors or owner-occupiers.
    Where is this triplex located?
    The property is located at 987 Mendon Rd Cumberland, RI.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Oversized 3-family property, ideal for owner-occupancy or investment.; - All units have recent updates.; - First floor: **3 bedrooms plus oversized enclosed porch.**
    (855) 450-0442
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    987 Mendon Rd Cumberland, RI 02864
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    Cumberland, RI 02864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    987 Mendon Rd Cumberland, RI 02864
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