Two-Unit Duplex with Townhouse
New
For Sale
$619,000
11 Benton Street, Providence, RI 02909
Each residence has central air and laundry hookups, with a mix of one- and five-bedroom floor plans.
Property Size2,304 SF
Price / SF$268.66
Days on Market5
Property Features for 11 Benton Street
General Information
Standard status
Active
Size
2,304 SF
Property subtype
MultiFamily
Units
Unit Mix
1 x 1BR/1BA, 1 x 5BR/3BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
central air
laundry hookups
Building Details
Year Built
2026
Listing Agency:
Smith and Oak Real Estate Co.
(401) 400-4114
Listed By:
Linda Padula · License #RES.0046743
(401) 527-8215
Source:
Lockandkeyre
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 4 at 10:13AM
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 Smith and Oak Real Estate Co.
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences with distinct layouts. One offers one bedroom and one bathroom; the other is arranged townhouse-style with five bedrooms, three full bathrooms, and a primary suite. Both include central air, laundry hookups, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, and ample cabinetry.
Schools and shopping are nearby, and highway access is a short drive away.
Schools and shopping are nearby, and highway access is a short drive away.
Key Highlights
- Built in 2026 with two separate residences
- Unit mix: one‑bedroom, one‑bathroom residence and five‑bedroom, three‑bathroom townhouse‑style residence
- Both units feature central air and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,906
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,120
$778.1K
Cap Rate 7%
$555,800
$555.8K
Cap Rate 9%
$432,289
$432.3K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$59.4K $25.80/SF
− Vacancy
−$3.9K −$1.68/SF
EGI
$55.6K $24.12/SF
− OpEx
−$16.7K −$7.24/SF
NOI
$38.9K $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%
$778,120
Cap Rate 7%
$555,800
Cap Rate 9%
$432,289
Alternative Uses
Best Use
Multifamily LT 5
$555.8K
$486.3K – $648.4K
NOI $38,906 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$499.2K
$436.8K – $582.4K
NOI $34,946 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$770.8K
$674.5K – $899.3K
NOI $53,957 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,452
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has central air and laundry hookups, with a mix of one- and five-bedroom floor plans.
Where is this duplex located?
The property is located at 11 Benton Street Providence, RI.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Built in 2026 with two separate residences; Unit mix: one‑bedroom, one‑bathroom residence and five‑bedroom, three‑bathroom townhouse‑style residence; Both units feature central air and laundry hookups
