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    Two-Family Home with Fenced Yard Title is generated by Realmo AI

    133 Oakland Avenue, Pawtucket, RI 02861

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    Claim this Listing
    New
    For Sale
    $529,900

    MULTI_FAMILY - Pawtucket, RI

    Property size:
    2,288 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $231/SF
    Added:
    Jun 17, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 23 at 11:06 am

    Property Features for 133 Oakland Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 1, Bedroom 3, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2
    Parking
    5
    Parking features
    Garage
    Interior features
    Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
    Basement
    Unfinished, Full
    Appliances
    Gas Water Heater
    Standard status
    Active
    Size
    2,288 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5660

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Hardwood
    Building materials
    Dry Wall, Paneled, Plaster, Vinyl Siding

    We can help!

    Listing Contact
    The Mercurio Group

    Listing agent The Mercurio Group

    Listing office Re/Max Preferred 1417 Douglas Avenue, North Providence, RI

    Listing date Jun 17, 2026

    MLS# 1415491 Listing URL

    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.

    HighLights

    • Well‑maintained 2‑family home built in 1920 with spacious rooms and classic architectural details
    • Two separate units with separate entrances and separate electric meters
    • Each unit is served by its own natural gas heating system (2 gas heating systems total)
    • Interior features include hardwood and laminate flooring plus original woodwork
    • Fully fenced yard and plenty of parking, including a garage
    • Estate sale with note indicating no probate needed

    Overview

    This well-maintained two-family home offers two separate living spaces, each with three bedrooms and spacious rooms throughout. The interior features original woodwork, classic architectural details, and abundant natural light. The property includes a fully fenced yard, providing outdoor space and privacy, along with plenty of parking. Heating is supported by two gas heating systems, and each unit has its own electric meter. While some cosmetic updates may be desired, the home is presented as having solid “bones” and longstanding pride of ownership.

    The property is located at 133 Oakland Avenue in Pawtucket, within Providence County, Rhode Island (02861). Lot size is listed at 0.1 acres, and the total property size is provided as 2,288 square feet.

    For buyers seeking an owner-occupied or investment-oriented residential income asset, the separate entrances and individual electric meters support flexibility in how the units are occupied and operated. The two 3-bedroom layouts and generous room sizes can appeal to tenants looking for more space, while the fenced yard and on-site parking add practical day-to-day value.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.2k $25.44
    − Vacancy −$3.8k −$1.65
    EGI $54.4k $23.79
    − OpEx −$16.3k −$7.14
    NOI $38.1k $16.65
    2,288 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $544.2K
    $476.2K – $634.9K (±1% cap)
    NOI $38,096 @ 7.0% cap · market cap 7.19%
    Second Best
    Apartment 5plus
    $431.9K
    $377.9K – $503.9K (±1% cap)
    NOI $30,235 @ 7.0% cap · market cap 5.71%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pawtucket
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.358364
    Latitude
    41.884844

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family property with spacious 3-bedroom units, separate entrances, and separate electric meters.
    Where is this duplex located?
    The property is located at 133 Oakland Avenue Pawtucket, RI.
    What is the asking price?
    The asking price for this property is $529,900.
    What are key features of this property?
    This property features: Well‑maintained 2‑family home built in 1920 with spacious rooms and classic architectural details; Two separate units with separate entrances and separate electric meters; Each unit is served by its own natural gas heating system (2 gas heating systems total)
    More about this property
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