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Duplex with Private Basements
New
For Sale
$674,900

179 Shun Pike, Johnston, RI 02919

Residential Income, Johnston, RI

Property Size2,223 SF
Lot Size0.31 Acres
Price / SF$303.60
Days on Market1

Property Features for 179 Shun Pike

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 6, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Basement, Bedroom 2, Bedroom 5, Bathroom 1
Parking 5
Interior features Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
Exterior features Breezeway
Basement Unfinished, Storage Space, Full
Appliances Oven, Range, Refrigerator, Electric Water Heater
Subdivision Bishop Heights
Standard status Active
Size 2,223 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6352

Utilities

Sewer type Septic Tank
Heating system Baseboard, Oil
Water source Public

Building Details

Year built 1970
Floors in Building 2
Number of units 2
Flooring type Vinyl, Tile - Ceramic, Carpet
Building materials Dry Wall, Brick, Vinyl Siding
Listing Agency: Real Broker, Llc
Listed By: Benjamin Antonelli
Added: Oct 29 Last Checked: Oct 29 at 1:06PM
MLS# 1427104

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,223-square-foot duplex contains two residences, each with three bedrooms, one and a half bathrooms, and a private basement. The property also includes a breezeway and two driveways. Built in 1970, the building has a newer roof and septic system, public water, and septic service. Interior finishes include vinyl, ceramic tile, and carpet flooring.

The 0.3121-acre property is less than five minutes from the interstate, with Providence about 12 minutes away.

Key Highlights

  • Two residences, each with 3 bedrooms and 1.5 bathrooms
  • Private basement for each residence
  • 2,223 square feet on 0.3121 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,014
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,280 $740.3K
Cap Rate 7%
$528,771 $528.8K
Cap Rate 9%
$411,267 $411.3K
Market Conditions
NOI Build-Up for 2,223 SF
Gross rent
$56.6K $25.44/SF
− Vacancy
−$3.7K −$1.65/SF
EGI
$52.9K $23.79/SF
− OpEx
−$15.9K −$7.14/SF
NOI
$37.0K $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%
$740,280
Cap Rate 7%
$528,771
Cap Rate 9%
$411,267

Alternative Uses

Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K (±1% cap)
NOI $37,014 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$419.7K
$367.2K – $489.6K (±1% cap)
NOI $29,376 @ 7.0% cap · market cap 4.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 02919, RI

29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate driveways and a breezeway provide distinct exterior access for the two residences.
Where is this duplex located?
The property is located at 179 Shun Pike Johnston, RI.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1.5 bathrooms; Private basement for each residence; 2,223 square feet on 0.3121 acres
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