Side-by-Side
New
For Sale
$670,000
165 Briggs Street, Providence, RI 02905
Residential Income, Providence, RI
Property Size2,800 SF
Lot Size0.13 Acres
Price / SF$239.29
Days on Market4
Property Features for 165 Briggs Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 9, Basement, Bathroom 2, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 4
Parking features
None
Interior features
Wall (Dry Wall), Attic, Attic Stairs, Attic Storage
Basement
Partial, Partially Finished
Appliances
Gas Water Heater
Standard status
Active
Size
2,800 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4696
Utilities
Heating system
Natural Gas, Forced Air
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Laminate, Hardwood
Building materials
Dry Wall, Vinyl Siding
Additional Structures
Storage
Listing Agency:
Keller Williams Leading Edge · Keller Williams Realty
(401) 333-4900
Listed By:
Karla Leon · License #RES.0049078
(401) 499-3109
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 6 at 6:06AM
MLS# 1425044
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.
Investment Insights
Based on property information with market context.
This 2,800-square-foot duplex in Providence contains two side-by-side residences, each with separate living, dining, and kitchen areas. The property also has a finished attic and a backyard on a 0.13-acre lot. Hardwood, laminate, and ceramic tile flooring are among the interior finishes, and the exterior is vinyl-sided. The building dates to 1900.
Major highways are accessible from the property. Improvements include updated electrical service and a roof described as approximately three years old. There is no on-site parking.
Major highways are accessible from the property. Improvements include updated electrical service and a roof described as approximately three years old. There is no on-site parking.
Key Highlights
- Two side‑by‑side residences with separate living, dining, and kitchen areas in each
- 2,800 square feet of building area on a 0.13‑acre lot
- Finished attic and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,281
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,620
$945.6K
Cap Rate 7%
$675,443
$675.4K
Cap Rate 9%
$525,344
$525.3K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$72.2K $25.80/SF
− Vacancy
−$4.7K −$1.68/SF
EGI
$67.5K $24.12/SF
− OpEx
−$20.3K −$7.24/SF
NOI
$47.3K $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%
$945,620
Cap Rate 7%
$675,443
Cap Rate 9%
$525,344
Alternative Uses
Best Use
Multifamily LT 5
$675.4K
$591.0K – $788.0K
NOI $47,281 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$606.7K
$530.9K – $707.8K
NOI $42,469 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$936.8K
$819.7K – $1.09M
NOI $65,573 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,576
Businesses Nearby
Explore this area
Business Placement
Demographics for 02905, RI
26,334
Population
10,361
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
77%
High-School Grad
3.7 sq mi
ZIP Area
7,117
Density / Sq Mi
$57,126
Median Household Income
$36,799
Median Earnings
$1,103
Median Rent
$322,700
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 - Both residences feature separate living, dining, and kitchen spaces arranged in a townhouse-style layout.
Where is this duplex located?
The property is located at 165 Briggs Street Providence, RI.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Two side‑by‑side residences with separate living, dining, and kitchen areas in each; 2,800 square feet of building area on a 0.13‑acre lot; Finished attic and backyard
