Duplex with Detached
New
For Sale
$590,000
208 Suffolk Ave, Pawtucket, RI 02861
Each residence has a three-bedroom layout with separate living and dining rooms.
Property Size2,140 SF
Price / SF$275.70
Days on Market5
Property Features for 208 Suffolk Ave
General Information
Standard status
Active
Size
2,140 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
fenced yard
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Redfin Corporation
Listed By:
Alysandra Nemeth · License #RES.0043520
(860) 575-3434
Source:
Alpernandmesenbourg
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 4 at 3:52PM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
Built in 1920, this duplex contains two residences, each arranged with a living room, dining room, kitchen, three bedrooms, and one full bath. Wood flooring runs throughout both units. A fenced yard and detached two-car garage are additional property features.
The property is in Pawtucket, with access to shopping, dining, local amenities, and transportation.
The property is in Pawtucket, with access to shopping, dining, local amenities, and transportation.
Key Highlights
- Two residences, each with three bedrooms and one full bath
- Detached two‑car garage
- Fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,632
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,640
$712.6K
Cap Rate 7%
$509,029
$509.0K
Cap Rate 9%
$395,911
$395.9K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$54.4K $25.44/SF
− Vacancy
−$3.5K −$1.65/SF
EGI
$50.9K $23.79/SF
− OpEx
−$15.3K −$7.14/SF
NOI
$35.6K $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%
$712,640
Cap Rate 7%
$509,029
Cap Rate 9%
$395,911
Alternative Uses
Best Use
Multifamily LT 5
$509.0K
$445.4K – $593.9K
NOI $35,632 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.3K
NOI $28,279 @ 7.0% cap · market cap 4.79%
Theoretical Best
—
—
same as Best Use
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
496
Businesses Nearby
Explore this area
Business Placement
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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 a three-bedroom layout with separate living and dining rooms.
Where is this duplex located?
The property is located at 208 Suffolk Ave Pawtucket, RI.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Two residences, each with three bedrooms and one full bath; Detached two‑car garage; Fenced yard
