2-Unit Duplex with
124 Anthony Avenue, Pawtucket, RI 02860
For Sale
New
$395,000
Residential Income, Pawtucket, RI
Property Size2,080 SF
Lot Size0.11 Acres
Price / SF$189.90
Days on Market2
Property Features for 124 Anthony Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Basement
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Buildings
Listing Agency:
Keller Williams Coastal · Keller Williams Realty
(401) 845-9200
Listed By:
Elaine Reavey · License #RES.0033620
(401) 373-4335
Added: Nov 6
Last Checked: Nov 7 at 12:06AM
MLS# 1428012
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 two-unit duplex contains 2,080 square feet with six bedrooms and two bathrooms. Built in 1920, the property has hardwood flooring, plaster construction, natural gas heating, and a porch. Parking is not provided on site.
The 0.1069-acre property is offered in as-is condition. Renovation is identified as a consideration for the next ownership; the listing specifies cash or hard money financing.
The 0.1069-acre property is offered in as-is condition. Renovation is identified as a consideration for the next ownership; the listing specifies cash or hard money financing.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 2 bathrooms
- 2,080 square feet of living space
- 0.1069‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,633
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,660
$692.7K
Cap Rate 7%
$494,757
$494.8K
Cap Rate 9%
$384,811
$384.8K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$52.9K $25.44/SF
− Vacancy
−$3.4K −$1.65/SF
EGI
$49.5K $23.79/SF
− OpEx
−$14.8K −$7.14/SF
NOI
$34.6K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,660
Cap Rate 7%
$494,757
Cap Rate 9%
$384,811
Alternative Uses
Best Use
Multifamily LT 5
$494.8K
$432.9K – $577.2K
NOI $34,633 @ 7.0% cap · market cap 8.77%
Second Best
Apartment 5plus
$392.7K
$343.6K – $458.1K
NOI $27,486 @ 7.0% cap · market cap 6.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,116
Businesses Nearby
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Business Placement
Demographics for 02860, RI
47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Pawtucket, RI
Properties on Market for Duplexes in Pawtucket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Six bedrooms and two bathrooms provide a substantial residential layout across the two units.
Where is this duplex located?
The property is located at 124 Anthony Avenue Pawtucket, 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: Two‑unit duplex with 6 bedrooms and 2 bathrooms; 2,080 square feet of living space; 0.1069‑acre lot
