Slatersville Two-Unit on Large
For Sale
$395,000
1014 Victory Highway North, Smithfield, RI 02896
Two-unit property on 3.61 acres with development potential.
Property Size3,144 SF
Price / SF$125.64
Days on Market407
Property Features for 1014 Victory Highway North
General Information
Standard status
Active
Size
3,144 SF
Property subtype
Multi-Family
Amenities
Fireplace
Baseboard
Hot Water
Oil
Oil Water Heater
Tankless Water Heater
Sewer Connected
Building Details
Building Size
3,144 SF
Year Built
1930
Listing Agency:
Premeer Real Estate
Listed By:
Chris Whitten · License #453011256
(401) 527-1004
Source:
Kw
Added: Aug 26, 2025
Changed: Sep 29
Last Checked: Oct 5 at 4:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premeer Real Estate
Investment Insights
Based on property information with market context.
This two-unit property is situated on 3.61 acres in Slatersville. Unit 1, located on the first and second floors, features 1,892 square feet of living space, including a living room, dining room, sunroom, large kitchen, family room, full bath, and laundry on the first floor. The second floor of Unit 1 contains four bedrooms and a half bath. Unit 2, located in the lower level, includes a family room, kitchen, living room, bedroom, and full bath. The property is heated by a recent oil boiler installed around 2022. It has town sewer and a private well. There is ample off-street parking available. The two-unit building is positioned closer to the street, leaving the back of the lot open for development. The property is being sold 'as-is' and may not qualify for all types of financing due to its condition. The property offers profitable options and potential for a retreat lot for new construction or a detached ADU.
Key Highlights
- Large 3.61‑acre lot offers development potential for a retreat lot, new construction, or ADU.
- Two‑unit property provides immediate income potential.
- Unit 1 features a spacious 1,892 sqft layout with 4 bedrooms.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
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Business Placement
Demographics for 02896, RI
11,154
Population
4,759
Households
2.3
Avg Household Size
48
Median Age
34%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
485
Density / Sq Mi
$109,436
Median Household Income
$57,420
Median Earnings
$1,282
Median Rent
$423,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property on 3.61 acres with development potential.
Where is this duplex located?
The property is located at 1014 Victory Highway North Smithfield, RI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Large 3.61‑acre lot offers development potential for a retreat lot, new construction, or ADU.; Two‑unit property provides immediate income potential.; Unit 1 features a spacious 1,892 sqft layout with 4 bedrooms.
