Duplex with Fenced
For Sale
$579,900
228 Woonasquatucket Avenue, North Providence, RI 02911
Residential Income, North Providence, RI
Property Size1,816 SF
Lot Size0.08 Acres
Price / SF$319.33
Days on Market161
Property Features for 228 Woonasquatucket Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Basement, Bedroom 2
Parking
2
Parking features
None
Patio and Porch features
Porch
Interior features
Wall (Dry Wall), Attic, Plumbing (Copper), Insulation (Unknown)
Exterior features
Porch
Basement
Unfinished, Full, Storage Space
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Electric Water Heater
Lot features
Fenced
Standard status
Active
Size
1,816 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6148
Utilities
Heating system
Natural Gas, Forced Air
Amenities
fully fenced-in yard
Building Details
Year built
1900
Number of units
2
Flooring type
Tile - Ceramic, Carpet, Hardwood
Building materials
Dry Wall, Vinyl Siding
Listing Agency:
Sd Realty Associates
(401) 585-5791
Listed By:
Kim Caparrelli
(401) 536-3290
Added: Apr 28
Changed: Sep 26
Last Checked: Oct 5 at 11:06PM
MLS# 1411143
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.
At 228 Woonasquatucket Avenue, this 1,816-square-foot duplex contains two residences, each with three bedrooms, a full bath, an eat-in kitchen, and a living area. The property sits on a 0.08-acre lot and includes a fenced yard and porch. Built in 1900, the home has hardwood, carpet, and ceramic tile flooring, along with natural gas forced-air heat.
Dishwasher, dryer, microwave, oven, range, and an electric water heater are among the listed appliances. Shopping, restaurants, schools, and major highways are described as nearby.
Dishwasher, dryer, microwave, oven, range, and an electric water heater are among the listed appliances. Shopping, restaurants, schools, and major highways are described as nearby.
Key Highlights
- Two units, each with 3 bedrooms and 1 full bath
- 1,816 square feet on a 0.08‑acre lot
- Both residences have eat‑in kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,237
Cap Rate
5.21%
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 5.21%
Second Best
Apartment 5plus
$342.8K
$300.0K – $400.0K
NOI $23,998 @ 7.0% cap · market cap 4.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences each include an eat-in kitchen and a full bathroom.
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 $579,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 full bath; 1,816 square feet on a 0.08‑acre lot; Both residences have eat‑in kitchens
