Providence Duplex with Fenced
190 Manton Avenue, Providence, RI 02909
Two-unit duplex with three bedrooms, near transportation and amenities.
Type:Multi-family / 2 Family - 2 Units Side by Side
Property size:
2,048 SFPrice / SF:
$207/SF- Added:
- Nov 18, 2025
- Days on Market:
- 195
- Last Refresh:
- Mar 13 at 12:39 pm
Property Features for 190 Manton Avenue
General Information
- Standard status
- Active
- Size
- 2,048 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1870
Listing agent Renato De Lima License #1000420 (401) 414-7414
Listing office Innovations Realty (401) 414-7414
Listing date Nov 18, 2025
Source Compass
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
HighLights
- Two Units: Ideal for multi‑generational living or rental income.
- FHA Approved: Excellent opportunity for first‑time homebuyers.
- Seller Financing Available: Provides flexible financing options.
- Three Bedrooms per Unit: Spacious living arrangements.
- Convenient Location: Close to main highway, bus routes, shopping, and dining.
- Fenced‑in Backyard with Deck: Offers private outdoor space.
Overview
This two-unit duplex is located in Providence. Each unit features three bedrooms and one full bathroom. The property includes a fenced-in backyard with a deck. It is conveniently located near a main highway, bus routes, shopping, and dining options. The property is suitable for families or investors seeking rental opportunities. It is also FHA approved, making it suitable for first-time homebuyers. The property size is 2048 square feet.
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 | $52.8k | $25.80 |
| − Vacancy | −$3.4k | −$1.68 |
| EGI | $49.4k | $24.12 |
| − OpEx | −$14.8k | −$7.24 |
| NOI | $34.6k | $16.89 |
2,048 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.0K
$432.3K – $576.4K
NOI $34,583 @ 7.0% cap · market cap 8.14%
Second Best
Apartment 5plus
$443.8K
$388.3K – $517.7K
NOI $31,063 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$685.2K
$599.5K – $799.4K
NOI $47,962 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Providence
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4473966
- Latitude
- 41.8203827
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit duplex with three bedrooms, near transportation and amenities.
Where is this duplex located?
The property is located at 190 Manton Avenue Providence, RI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two Units: Ideal for multi‑generational living or rental income.; FHA Approved: Excellent opportunity for first‑time homebuyers.; Seller Financing Available: Provides flexible financing options.
