Two-Unit
New
For Sale
$510,000
226 Marshall Avenue, Cumberland, RI 02864
Residential Income, Cumberland, RI
Property Size1,545 SF
Lot Size0.14 Acres
Price / SF$330.10
Days on Market3
Property Features for 226 Marshall Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Cumberla
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Basement, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2
Parking
5
Parking features
None
Interior features
Stairs, Plumbing (Copper), Plumbing (Mixed), Insulation (Walls)
Basement
Finished, Storage Space, Full
Appliances
Gas Water Heater
Subdivision
Cumberland
Lot features
Paved Driveway, Sidewalks
Standard status
Active
Size
1,545 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3826
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Forced Air, Natural Gas
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Tile - Ceramic
Building materials
Other Siding, Vinyl Siding
Listing Agency:
Www.Homezu.Com
(877) 249-5478
Listed By:
Jason Saphire · License #0818954
(781) 492-7575
Added: Oct 14
Last Checked: Oct 16 at 8:06PM
MLS# 1426034
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.
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Investment Insights
Based on property information with market context.
This Cumberland duplex contains 1,545 square feet, with four bedrooms, two bathrooms, and a basement. The home was built in 1930 and has vinyl and ceramic tile flooring, a gas water heater, and public sewer service. The 0.14-acre parcel is located at 226 Marshall Avenue.
Key Highlights
- 1,545 square feet of building area
- 0.14‑acre parcel
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,725
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,500
$514.5K
Cap Rate 7%
$367,500
$367.5K
Cap Rate 9%
$285,833
$285.8K
Market Conditions
NOI Build-Up for 1,545 SF
Gross rent
$39.3K $25.44/SF
− Vacancy
−$2.6K −$1.65/SF
EGI
$36.7K $23.79/SF
− OpEx
−$11.0K −$7.14/SF
NOI
$25.7K $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%
$514,500
Cap Rate 7%
$367,500
Cap Rate 9%
$285,833
Alternative Uses
Best Use
Multifamily LT 5
$367.5K
$321.6K – $428.8K
NOI $25,725 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$291.7K
$255.2K – $340.3K
NOI $20,416 @ 7.0% cap · market cap 4.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 02864, RI
36,376
Population
14,735
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
92%
High-School Grad
26.5 sq mi
ZIP Area
1,373
Density / Sq Mi
$118,737
Median Household Income
$62,041
Median Earnings
$1,251
Median Rent
$394,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Four bedrooms, two bathrooms, and a basement define the property's interior configuration.
Where is this duplex located?
The property is located at 226 Marshall Avenue Cumberland, RI.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 1,545 square feet of building area; 0.14‑acre parcel; Four bedrooms and two bathrooms
