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Duplex with Coin-Operated Laundry
For Sale
$895,000

114 Jenkins Street, Providence, RI 02906

Two separately configured units support traditional rental and co-living arrangements with on-site laundry and conveyed parking.

Property SizeContact for details
Days on Market209

Property Features for 114 Jenkins Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 6BR/2.5BA
Multifamily Units 2

Additional Details

Cap Rate 7%

Amenities

coin operated laundry
Baseboard
Gas
Hot Water
Dryer
Dishwasher
Exhaust Fan
Gas Water Heater
Microwave
Oven
Range
Refrigerator
Washer
Sewer Connected

Building Details

Year Built 1880
Buildings 1
Stories 2
Listing Agency: Residential Properties Ltd.
Listed By: Christopher Rowley · License #RES.0041808
Source: Kw
Added: Mar 24 Changed: Oct 16 Last Checked: Oct 16 at 6:44AM

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 Residential Properties Ltd.

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Investment Insights

Based on property information with market context.

This 1880-built duplex contains two distinct residential units. The first-floor residence at 114 Jenkins Street offers three bedrooms and one bathroom in a traditional year-long rental configuration. The upper residence spans the second and third floors with six bedrooms and two and a half bathrooms, arranged for co-living under a master lease. Both units have current lead-safe certificates.

Property features include a coin-operated laundry room, two parking spaces beside the building, and four additional deeded spaces in a nearby parking area. Interior improvements include gas baseboard heat, hot water, a gas water heater, washer and dryer, dishwasher, range, oven, refrigerator, microwave, and exhaust fan. The property is near RISD, Brown, Miriam Hospital, shops, cafes, and Whole Foods. A 7% cap rate is reported.

Key Highlights

  • Two‑unit duplex with 3‑bedroom and 6‑bedroom residences
  • Upper unit spans the second and third floors and is configured for co‑living under a master lease
  • Coin‑operated laundry room provides an additional income source

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Daycare Center Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,688
Businesses Nearby

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately configured units support traditional rental and co-living arrangements with on-site laundry and conveyed parking.
Where is this duplex located?
The property is located at 114 Jenkins Street Providence, RI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom and 6‑bedroom residences; Upper unit spans the second and third floors and is configured for co‑living under a master lease; Coin‑operated laundry room provides an additional income source
More about this property
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