New Construction
New
For Sale
$649,000
106 Julian Street, Providence, RI 02909
Each residence has three bedrooms, one full bath, and central heating and cooling.
Property Size2,664 SF
Price / SF$243.62
Days on Market5
Property Features for 106 Julian Street
General Information
Standard status
Active
Size
2,664 SF
Property subtype
MultiFamily
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
central heating and cooling
granite countertops
custom cabinetry
modern kitchens
off-street parking
Building Details
Year Built
2026
Listing Agency:
SERHANT.
(401) 382-0600
Listed By:
The Duque Group
(401) 808-5611
Source:
Lockandkeyre
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 6:52PM
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 SERHANT.
Investment Insights
Based on property information with market context.
Built in 2026, this Providence duplex contains two residences with a combined 2,664 square feet. Each unit has three bedrooms and one full bathroom, along with central heating and cooling. Granite countertops, custom cabinetry, and modern kitchens are included in both units.
Off-street parking serves the property at 106 Julian Street. The two-unit configuration and matching bedroom and bathroom layouts are consistent across both residences.
Off-street parking serves the property at 106 Julian Street. The two-unit configuration and matching bedroom and bathroom layouts are consistent across both residences.
Key Highlights
- Two‑unit property with 2,664 square feet total
- Each unit has 3 bedrooms and 1 full bathroom
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,985
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,700
$899.7K
Cap Rate 7%
$642,643
$642.6K
Cap Rate 9%
$499,833
$499.8K
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$68.7K $25.80/SF
− Vacancy
−$4.5K −$1.68/SF
EGI
$64.3K $24.12/SF
− OpEx
−$19.3K −$7.24/SF
NOI
$45.0K $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%
$899,700
Cap Rate 7%
$642,643
Cap Rate 9%
$499,833
Alternative Uses
Best Use
Multifamily LT 5
$642.6K
$562.3K – $749.8K
NOI $44,985 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$577.2K
$505.1K – $673.4K
NOI $40,406 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$891.3K
$779.9K – $1.04M
NOI $62,388 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,379
Businesses Nearby
Explore this area
Business Placement
Demographics for 02909, RI
46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has three bedrooms, one full bath, and central heating and cooling.
Where is this duplex located?
The property is located at 106 Julian Street Providence, RI.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑unit property with 2,664 square feet total; Each unit has 3 bedrooms and 1 full bathroom; Built in 2026
