Two-Unit Duplex with Private
For Sale
$449,900
Pending
141 East Ave, Burrillville, RI 02830
Two residential units offer separate utilities, off-street parking, and flexible occupancy options in Harrisville.
Property Size2,058 SF
Days on Market58
Property Features for 141 East Ave
General Information
Standard status
Pending
Size
2,058 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,409
Amenities
private deck
separate utilities
Building Details
Buildings
1
Listing Agency:
eXp Realty LLC
(401) 288-3600
Listed By:
Matt Mandeville · License #REB.0204020
(401) 787-3757
Source:
Exprealty
Added: Sep 10
Changed: Oct 28
Last Checked: Nov 4 at 3:27PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This two-unit duplex at 141 East Ave includes 2,058 square feet of living space. The first-floor residence has three bedrooms and two full bathrooms, while the second unit provides three bedrooms and one full bathroom. Separate utilities support distinct management and expense allocation for each household.
Exterior features include off-street parking and a private deck for outdoor use. The property is in Harrisville, within Burrillville, with access to local shopping, restaurants, schools, recreation, and major roadways. Its two-unit layout can accommodate an owner-occupant, extended household, or separate tenants.
Exterior features include off-street parking and a private deck for outdoor use. The property is in Harrisville, within Burrillville, with access to local shopping, restaurants, schools, recreation, and major roadways. Its two-unit layout can accommodate an owner-occupant, extended household, or separate tenants.
Key Highlights
- Two‑unit duplex with 2,058 square feet of living space
- First‑floor unit includes 3 bedrooms and 2 full bathrooms
- Second unit offers 3 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,267
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,340
$685.3K
Cap Rate 7%
$489,529
$489.5K
Cap Rate 9%
$380,744
$380.7K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$52.4K $25.44/SF
− Vacancy
−$3.4K −$1.65/SF
EGI
$49.0K $23.79/SF
− OpEx
−$14.7K −$7.14/SF
NOI
$34.3K $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%
$685,340
Cap Rate 7%
$489,529
Cap Rate 9%
$380,744
Alternative Uses
Best Use
Multifamily LT 5
$489.5K
$428.3K – $571.1K
NOI $34,267 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$388.5K
$339.9K – $453.3K
NOI $27,195 @ 7.0% cap · market cap 6.04%
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
113
Businesses Nearby
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Business Placement
Demographics for 02830, RI
6,474
Population
2,837
Households
2.3
Avg Household Size
46
Median Age
29%
College-Educated
91%
High-School Grad
20.4 sq mi
ZIP Area
317
Density / Sq Mi
$121,611
Median Household Income
$59,876
Median Earnings
$981
Median Rent
$381,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Providence County, RI
Properties on Market for Duplexes in Providence County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate utilities, off-street parking, and flexible occupancy options in Harrisville.
Where is this duplex located?
The property is located at 141 East Ave Burrillville, RI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,058 square feet of living space; First‑floor unit includes 3 bedrooms and 2 full bathrooms; Second unit offers 3 bedrooms and 1 full bathroom
