3-Unit Multifamily
169 10th Street Providence, RI 02906
New
169 10th Street, Providence, RI, 02906
$900,000
For Sale
$900,000
MULTI_FAMILY - Providence, RI
Property Size3,920 SF
Lot Size0.09 Acres
Price / SF$229.59
Days on Market2
Property Features for 169 10th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4
- Parking
- 5
- Basement
- Full, Unfinished
- Appliances
- Gas Water Heater
- Standard status
- Active
- Size
- 3,920 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10136
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Vinyl Siding
Listing agency
Here Realty
(401) 862-1251
Listed by
The SoldWithSoko Team
(401) 649-2358
Added: Jul 20 Checked: Jul 21 at 1:06PM
MLS# 1418303
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 for-sale 3-unit multifamily property provides residential income through three separate units within a single building. The listing describes comfortable layouts with natural light across each unit.
The property is located at 169 10th Street in Providence, Rhode Island 02906, in the East Side area near Wayland Square, Thayer Street, Brown University, and major commuting routes.
With a total building size of 3,920 square feet, the asset offers a straightforward three-residence configuration suited to owner-occupant or investor ownership, depending on how the units are used.
The property is located at 169 10th Street in Providence, Rhode Island 02906, in the East Side area near Wayland Square, Thayer Street, Brown University, and major commuting routes.
With a total building size of 3,920 square feet, the asset offers a straightforward three-residence configuration suited to owner-occupant or investor ownership, depending on how the units are used.
Key Highlights
- 3‑unit multi‑family home built in 1910
- Hardwood flooring and vinyl siding
- Heating: natural gas forced air
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 | $101.1k | $25.80 |
| − Vacancy | −$6.6k | −$1.68 |
| EGI | $94.6k | $24.12 |
| − OpEx | −$28.4k | −$7.24 |
| NOI | $66.2k | $16.89 |
3,920 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$945.6K
$827.4K – $1.10M
NOI $66,194 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$849.4K
$743.2K – $990.9K
NOI $59,456 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,802 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multifamily property for sale in Providence, offering multiple residential units within a compact footprint.
Where is this triplex located?
The property is located at 169 10th Street Providence, RI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3‑unit multi‑family home built in 1910; Hardwood flooring and vinyl siding; Heating: natural gas forced air
