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Renovated Two-Family Duplex
For Sale
$999,900

194 S Pier Road, Narragansett, RI 02882

Residential Income, Narragansett, RI

Property Size1,728 SF
Lot Size0.35 Acres
Price / SF$578.65
Days on Market96

Property Features for 194 S Pier Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-40
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 1, Bedroom 4
Parking 8
Parking features None
Window features Insulated Windows
Interior features Wall (Dry Wall), Wall (Plaster), Attic, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls)
Basement Crawl Space, Unfinished
Appliances Electric Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Subdivision Narragansett Pier
Standard status Active
Size 1,728 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4748

Utilities

Sewer type Septic Tank
Heating system Oil, Forced Air
Cooling system Central Air

Amenities

private laundry
central air
private backyard

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic, Hardwood, Laminate
Building materials Dry Wall, Plaster, Vinyl Siding
Listing Agency: Keller Williams Coastal · Keller Williams Realty
Listed By: Ken Munroe
Added: May 19 Changed: Aug 20 Last Checked: Aug 22 at 2:06PM
MLS# 1412433

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 two-family duplex contains 1,728 square feet across two single-level residences. Each unit has an updated kitchen and bathroom, central air, and private laundry. Interior features include hardwood, laminate, and ceramic tile flooring, while appliances include refrigerators, dishwashers, ovens/ranges, washers, and dryers. The property was built in 1960 and is served by a septic tank.

Set on 0.35 acres in Narragansett, the property is within walking distance of the ocean, Narragansett Town Beach, the seawall, The Towers, a public boat ramp, parks, a bike path, hiking trails, restaurants, and shopping. The units are occupied by month-to-month tenants, with yearly or seasonal rental arrangements identified as options. R-40 zoning applies.

Key Highlights

  • Two‑family duplex with 1,728 square feet
  • Two single‑level units with updated kitchens and bathrooms
  • Central air and private laundry in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Storage Facility Auto Repair Shop Kitchen & Bath Showroom Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 02882, RI

12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two single-level units feature updated kitchens, bathrooms, central air, and private laundry.
Where is this duplex located?
The property is located at 194 S Pier Road Narragansett, RI.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two‑family duplex with 1,728 square feet; Two single‑level units with updated kitchens and bathrooms; Central air and private laundry in each unit
More about this property
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