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Updated Triplex with Downtown Access
For Sale
$570,000

21 Monroe Avenue, Bristol, RI 02809

Three residential floors include one refreshed unit and two well-maintained upper levels.

Property SizeContact for details
Days on Market178

Property Features for 21 Monroe Avenue

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence minor cosmetic updates

Additional Details

Multifamily Units 3

Amenities

Ductless
Gas
Dryer
Oven
Range
Refrigerator
Water Heater
Washer
Sewer Connected

Building Details

Year Built 1880
Buildings 1
Stories 3
Listing Agency: RE/MAX Revolution
Listed By: Ryan Traynor
Source: Kw
Added: Mar 5 Changed: Aug 29 Last Checked: Aug 29 at 5:05PM

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 RE/MAX Revolution

Investment Insights

Based on property information with market context.

This three-family property includes a recently updated first-floor residence along with second- and third-floor units that have been maintained and offer room for cosmetic personalization. The building dates to 1880 and includes ductless heating and cooling, gas service, laundry appliances, cooking appliances, a refrigerator, and a water heater. Sewer service is connected.

The property is positioned within walking distance of downtown Bristol’s amenities, including dining, shopping, local services, and transportation. The sale includes transfer of the existing solar panel lease, while the building is pre-wired for a generator; the generator itself is not included. The three-floor configuration supports continued rental use or an owner-occupant arrangement, subject to the applicable terms of the sale.

Key Highlights

  • Three‑family property with residences on the first, second, and third floors
  • First‑floor unit recently updated
  • Second- and third‑floor units have been maintained and offer cosmetic refresh potential

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Garden Center Accounting Firm (Bike/Boat/Book/etc) Store Plumbing Service Pharmacy

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 02809, RI

22,493
Population
9,670
Households
2.3
Avg Household Size
44
Median Age
46%
College-Educated
92%
High-School Grad
9.8 sq mi
ZIP Area
2,295
Density / Sq Mi
$96,005
Median Household Income
$41,266
Median Earnings
$1,352
Median Rent
$447,500
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?
Triplex - Three residential floors include one refreshed unit and two well-maintained upper levels.
Where is this triplex located?
The property is located at 21 Monroe Avenue Bristol, RI.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Three‑family property with residences on the first, second, and third floors; First‑floor unit recently updated; Second- and third‑floor units have been maintained and offer cosmetic refresh potential
More about this property
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