Duplex with Central
New
For Sale
$769,900
000 Camden Avenue, Providence, RI 02908
Two residential units provide eight bedrooms and four bathrooms near Providence College.
Property Size3,750 SF
Price / SF$205.31
Days on Market4
Property Features for 000 Camden Avenue
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
luxury flooring
stainless steel appliances
recessed lighting
central AC
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Innovations Realty
Listed By:
Samuel Albert · License #RES.0042367
(401) 241-9439
Source:
Alpernandmesenbourg
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 4 at 10:50AM
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 Innovations Realty
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two units with a combined 3,750 square feet, eight bedrooms, and four bathrooms. Features include central air conditioning, recessed lighting, and stainless steel appliances. The basement may offer the possibility of a future accessory dwelling unit.
The property is within walking distance of Providence College and a short drive from downtown Providence.
The property is within walking distance of Providence College and a short drive from downtown Providence.
Key Highlights
- Two‑unit duplex with 8 bedrooms and 4 bathrooms
- 3,750 square feet of property size
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,323
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,266,460
$1.3M
Cap Rate 7%
$904,614
$904.6K
Cap Rate 9%
$703,589
$703.6K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$96.8K $25.80/SF
− Vacancy
−$6.3K −$1.68/SF
EGI
$90.5K $24.12/SF
− OpEx
−$27.1K −$7.24/SF
NOI
$63.3K $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%
$1,266,460
Cap Rate 7%
$904,614
Cap Rate 9%
$703,589
Alternative Uses
Best Use
Multifamily LT 5
$904.6K
$791.5K – $1.06M
NOI $63,323 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$812.5K
$711.0K – $948.0K
NOI $56,878 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,821 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,380
Businesses Nearby
Explore this area
Business Placement
Demographics for 02908, RI
38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide eight bedrooms and four bathrooms near Providence College.
Where is this duplex located?
The property is located at 000 Camden Avenue Providence, RI.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: Two‑unit duplex with 8 bedrooms and 4 bathrooms; 3,750 square feet of property size; Built in 2026
