Two-Unit Duplex with
New
For Sale
$649,900
25 Lamoureux Blvd, North Smithfield, RI 02896
Residential Income, North Smithfield, RI
Property Size3,247 SF
Lot Size17.77 Acres
Price / SF$200.15
Days on Market1
Property Features for 25 Lamoureux Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
REA
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 6, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2
Parking
6
Fireplace
1
Elementary school
North Smithfield Elementary
Middle school
North Smithfield Ms
High school
North Smithfield Hs
Directions
Rte 146 to Exit 11, take Greenville Rd to Providence St to Lamoureux Blvd
Standard status
Active
APN
607190
Size
3,247 SF
Lot size
17.77 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10655
Building Details
Year built
1800
Floors in Building
3
Number of units
2
Listing Agency:
Keller Williams Realty Signature Properties
Listed By:
Al Styles
(781) 924-5766
Added: Oct 15
Last Checked: Oct 15 at 10:06PM
MLS# 73591316
Copyright © 2026 MLS Property Information Network 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.
Built circa 1800, this 3,247-square-foot duplex contains two residential units on 17.77 acres. An antique barn and a second outbuilding configured as an equipment garage and workshop provide additional space. The property needs updating; reported improvements include a newer roof, a new oil tank, a new well pump, and town sewer service.
The parcel is at the end of a dead-end road in North Smithfield, with access to Route 146 and the Massachusetts line nearby. Much of the acreage is protected wetland. The property is zoned REA.
The parcel is at the end of a dead-end road in North Smithfield, with access to Route 146 and the Massachusetts line nearby. Much of the acreage is protected wetland. The property is zoned REA.
Key Highlights
- Two‑unit duplex with 3,247 square feet
- 17.77‑acre parcel; much of the land is protected wetland
- Built circa 1800
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,064
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,081,280
$1.1M
Cap Rate 7%
$772,343
$772.3K
Cap Rate 9%
$600,711
$600.7K
Market Conditions
NOI Build-Up for 3,247 SF
Gross rent
$82.6K $25.44/SF
− Vacancy
−$5.4K −$1.65/SF
EGI
$77.2K $23.79/SF
− OpEx
−$23.2K −$7.14/SF
NOI
$54.1K $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%
$1,081,280
Cap Rate 7%
$772,343
Cap Rate 9%
$600,711
Alternative Uses
Best Use
Multifamily LT 5
$772.3K
$675.8K – $901.1K
NOI $54,064 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$613.0K
$536.4K – $715.1K
NOI $42,908 @ 7.0% cap · market cap 6.60%
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
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 02896, RI
11,154
Population
4,759
Households
2.3
Avg Household Size
48
Median Age
34%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
485
Density / Sq Mi
$109,436
Median Household Income
$57,420
Median Earnings
$1,282
Median Rent
$423,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes an antique barn and a separate building adapted as a workshop and equipment garage.
Where is this duplex located?
The property is located at 25 Lamoureux Blvd North Smithfield, RI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two‑unit duplex with 3,247 square feet; 17.77‑acre parcel; much of the land is protected wetland; Built circa 1800
