Barrington Two-Family
243 Maple Avenue, Barrington, RI 02806
New
MULTI_FAMILY - Barrington, RI
Property size:
2,785 SFLot size:
0.47 AcresPrice / SF:
$329/SF- Added:
- May 28, 2026
- Days on Market:
- 2
- Last Refresh:
- May 29 at 2:06 pm
Property Features for 243 Maple Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Basement, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 2
- Parking
- 6
- Parking features
- Garage
- Interior features
- Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
- Basement
- Storage Space, Unfinished, Full
- Standard status
- Active
- Size
- 2,785 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8452
Utilities
- Heating system
- Forced Air, Baseboard, Natural Gas
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Plaster, Vinyl Siding
Listing agent Brooke Buckett (401) 245-2000
Listing office Re/Max River's Edge 300 County Road, Barrington, RI (401) 245-2000
Listing date May 28, 2026
MLS# 1413320
Listing URL
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.
HighLights
- Highly desirable coastal location in Barrington, close to town, bike path, and waterfront dining.
- Rare two‑family property ideal for owner‑occupants, investors, or multi‑generational living.
- Stunning first‑floor owner's unit with high‑end kitchen featuring shaker cabinetry, quartz countertops, stainless appliances, and wine fridge.
- Expansive townhouse‑style second unit with flexible living space, including a large loft with full bath.
- Situated on nearly 1/2 an acre with a spacious backyard, oversized deck, and ample off‑street parking.
- Restored hardwood floors throughout the first unit and beneath the carpeting in the second unit.
Overview
Located in Barrington, Rhode Island, this two-family property combines traditional features with contemporary upgrades. Situated on approximately 0.47 acres, the property is suitable for owner-occupants, investors, or multi-generational living. The first-floor unit includes a kitchen with shaker cabinetry, quartz countertops, stainless appliances, an island, and a wine fridge. It also features living and dining areas, two bedrooms, a renovated bathroom, a laundry room, and a sunroom. Hardwood floors and natural light are present throughout the unit. The second unit, designed in a townhouse style, offers 3-4 bedrooms, an eat-in kitchen with white shaker cabinetry, butcher block counters, and stainless appliances, along with flexible living space and a loft area with an adjacent full bath. Hardwood floors are located beneath the bedroom carpeting. The property includes private entrances for both units, an oversized deck, a spacious backyard, and off-street parking.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.9k | $25.80 |
| − Vacancy | −$4.7k | −$1.68 |
| EGI | $67.2k | $24.12 |
| − OpEx | −$20.2k | −$7.24 |
| NOI | $47.0k | $16.89 |
2,785 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$671.8K
$587.9K – $783.8K
NOI $47,028 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$603.4K
$528.0K – $704.0K
NOI $42,241 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$931.7K
$815.3K – $1.09M
NOI $65,221 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
The Handyer Man
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Barrington
- County
- Bristol
- State
- Rhode Island
- Longitude
- -71.316089
- Latitude
- 41.739312
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Rare two-family home in desirable Barrington coastal community.
Where is this duplex located?
The property is located at 243 Maple Avenue Barrington, RI.
What is the asking price?
The asking price for this property is $919,000.
What are key features of this property?
This property features: Highly desirable coastal location in Barrington, close to town, bike path, and waterfront dining.; Rare two‑family property ideal for owner‑occupants, investors, or multi‑generational living.; **Stunning first‑floor owner's unit with high‑end kitchen featuring shaker cabinetry, quartz countertops, stainless appliances, and wine fridge.**
