Duplex with Fenced
228 Woonasquatucket Avenue, North Providence, RI 02911
For Sale
New
$554,900
Residential Income, North Providence, RI
Property Size1,816 SF
Lot Size0.08 Acres
Price / SF$305.56
Days on Market2
Property Features for 228 Woonasquatucket Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Window features
Patio and Porch features
Interior features
Exterior features
Basement
Appliances
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Amenities
fenced yard
Building Details
Year built
Number of units
Flooring type
Building materials
Additional Structures
Buildings
Listing Agency:
Sd Realty Associates
(401) 585-5791
Listed By:
Kim Caparrelli
(401) 536-3290
Added: Nov 14
Last Checked: Nov 15 at 5:06AM
MLS# 1428557
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 1,816-square-foot duplex contains two apartments, each with three bedrooms, one full bathroom, an eat-in kitchen, and a living area. The property also has a fenced yard and porch. Interior finishes include hardwood, carpet, and ceramic tile flooring; the building was constructed in 1900.
Located at 228 Woonasquatucket Avenue in North Providence, the property occupies a 0.0758-acre lot. Appliances include a range, oven, refrigerator, microwave, dishwasher, range hood, washer, and dryer.
Located at 228 Woonasquatucket Avenue in North Providence, the property occupies a 0.0758-acre lot. Appliances include a range, oven, refrigerator, microwave, dishwasher, range hood, washer, and dryer.
Key Highlights
- Two apartments, each with 3 bedrooms and 1 full bath
- 1,816 square feet on a 0.0758‑acre lot
- Fenced yard and porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,237
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,740
$604.7K
Cap Rate 7%
$431,957
$432.0K
Cap Rate 9%
$335,967
$336.0K
Market Conditions
NOI Build-Up for 1,816 SF
Gross rent
$46.2K $25.44/SF
− Vacancy
−$3.0K −$1.65/SF
EGI
$43.2K $23.79/SF
− OpEx
−$13.0K −$7.14/SF
NOI
$30.2K $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%
$604,740
Cap Rate 7%
$431,957
Cap Rate 9%
$335,967
Alternative Uses
Best Use
Multifamily LT 5
$432.0K
$378.0K – $504.0K
NOI $30,237 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$342.8K
$300.0K – $400.0K
NOI $23,998 @ 7.0% cap · market cap 4.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
Demographics for 02911, RI
16,384
Population
6,894
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
6,554
Density / Sq Mi
$85,803
Median Household Income
$53,209
Median Earnings
$1,480
Median Rent
$319,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in North Providence, RI
Properties on Market for Duplexes in North Providence
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments offer three bedrooms, one full bath, and an eat-in kitchen.
Where is this duplex located?
The property is located at 228 Woonasquatucket Avenue North Providence, RI.
What is the asking price?
The asking price for this property is $554,900.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 full bath; 1,816 square feet on a 0.0758‑acre lot; Fenced yard and porch
