Two-Unit Duplex with Front
10 calhoun Avenue, Providence, RI 02907
For Sale
$599,000
Residential Income, Providence, RI
Property Size1,760 SF
Lot Size0.05 Acres
Price / SF$340.34
Days on Market50
Property Features for 10 calhoun Avenue
General Information
Property type
Property subtype
Property condition
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Basement
Appliances
Lot features
Standard status
Size
Lot size
Utilities
Heating system
Cooling system
Amenities
central heating and air conditioning
Building Details
Year built
Number of units
Flooring type
Building materials
Listing Agency:
Keller Williams Leading Edge · Keller Williams Realty
(401) 333-4900
Listed By:
Melissa Pereira · License RI #51141
(401) 699-3111
Added: Sep 26
Changed: Nov 8
Last Checked: Nov 14 at 12:06AM
MLS# 1424411
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.
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Investment Insights
Based on property information with market context.
This 1,760-square-foot duplex is configured as two residences, each with three bedrooms, one bathroom, and an open living and kitchen area. The building is listed as under construction and was built in 2025. Central heating and air conditioning serve the units, and the property includes a porch.
The lot contains 0.0471 acres. Mechanical, building, and zoning inspections have passed; the Certificate of Occupancy is awaiting final city approval.
The lot contains 0.0471 acres. Mechanical, building, and zoning inspections have passed; the Certificate of Occupancy is awaiting final city approval.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 1,760 square feet on a 0.0471‑acre lot
- Built in 2025; property condition listed as under construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,720
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,400
$594.4K
Cap Rate 7%
$424,571
$424.6K
Cap Rate 9%
$330,222
$330.2K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$45.4K $25.80/SF
− Vacancy
−$3.0K −$1.68/SF
EGI
$42.5K $24.12/SF
− OpEx
−$12.7K −$7.24/SF
NOI
$29.7K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,400
Cap Rate 7%
$424,571
Cap Rate 9%
$330,222
Alternative Uses
Best Use
Multifamily LT 5
$424.6K
$371.5K – $495.3K
NOI $29,720 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$381.4K
$333.7K – $444.9K
NOI $26,695 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$588.8K
$515.2K – $687.0K
NOI $41,217 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,063
Businesses Nearby
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Business Placement
Demographics for 02907, RI
29,827
Population
11,474
Households
2.6
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
2.2 sq mi
ZIP Area
13,558
Density / Sq Mi
$49,564
Median Household Income
$32,619
Median Earnings
$1,136
Median Rent
$311,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Providence, RI
Properties on Market for Duplexes in Providence
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, one bathroom, and central heating and air conditioning.
Where is this duplex located?
The property is located at 10 calhoun Avenue Providence, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 1,760 square feet on a 0.0471‑acre lot; Built in 2025; property condition listed as under construction
