Search
Duplex with Detached Garage
New
For Sale
$590,000

208 Suffolk Ave, Pawtucket, RI 02861

Each residence has a three-bedroom layout with separate living and dining rooms.

Property Size2,140 SF
Price / SF$275.70
Days on Market5

Property Features for 208 Suffolk Ave

General Information

Standard status Active
Size 2,140 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Amenities

fenced yard

Building Details

Year Built 1920
Buildings 1
Listing Agency: Redfin Corporation
Listed By: Alysandra Nemeth · License #RES.0043520
Source: Alpernandmesenbourg
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 4 at 3:52PM

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 Redfin Corporation

Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two residences, each arranged with a living room, dining room, kitchen, three bedrooms, and one full bath. Wood flooring runs throughout both units. A fenced yard and detached two-car garage are additional property features.

The property is in Pawtucket, with access to shopping, dining, local amenities, and transportation.

Key Highlights

  • Two residences, each with three bedrooms and one full bath
  • Detached two‑car garage
  • Fenced yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,632
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,640 $712.6K
Cap Rate 7%
$509,029 $509.0K
Cap Rate 9%
$395,911 $395.9K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$54.4K $25.44/SF
− Vacancy
−$3.5K −$1.65/SF
EGI
$50.9K $23.79/SF
− OpEx
−$15.3K −$7.14/SF
NOI
$35.6K $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%
$712,640
Cap Rate 7%
$509,029
Cap Rate 9%
$395,911

Alternative Uses

Best Use
Multifamily LT 5
$509.0K
$445.4K – $593.9K (±1% cap)
NOI $35,632 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.3K (±1% cap)
NOI $28,279 @ 7.0% cap · market cap 4.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic HVAC Service Daycare Center

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

496
Businesses Nearby

Demographics for 02861, RI

27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a three-bedroom layout with separate living and dining rooms.
Where is this duplex located?
The property is located at 208 Suffolk Ave Pawtucket, RI.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Two residences, each with three bedrooms and one full bath; Detached two‑car garage; Fenced yard
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again