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Two-Family Duplex
For Sale
$418,000

253 Waterman Avenue, Smithfield, RI 02917

The property features baseboard heat, gas service, and a gas water heater.

Property SizeContact for details
Days on Market122

Property Features for 253 Waterman Avenue

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

Baseboard
Gas
Hot Water
Gas Water Heater
Water Heater
Sewer Connected

Building Details

Year Built 1920
Buildings 1
Stories 2
Listing Agency: RE/MAX Properties
Listed By: Karl Martone · License #145726
Source: Kw
Added: May 1 Changed: Aug 30 Last Checked: Aug 30 at 10:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Properties

Investment Insights

Based on property information with market context.

Built in 1920, this two-family residence at 253 Waterman Avenue offers a duplex configuration with two residential units. Interior systems include baseboard heating, hot water, gas service, and a gas water heater. The property also includes sewer connection and sits on a double lot.

The sale includes an additional lot in North Providence. The property is positioned near amenities and offers highway access, providing convenient regional connectivity.

Key Highlights

  • Two‑family duplex configuration
  • Built in 1920
  • Double‑lot property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Grocery & Convenience Store HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 02917, RI

14,738
Population
5,119
Households
2.9
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
689
Density / Sq Mi
$106,772
Median Household Income
$44,229
Median Earnings
$988
Median Rent
$416,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The property features baseboard heat, gas service, and a gas water heater.
Where is this duplex located?
The property is located at 253 Waterman Avenue Smithfield, RI.
What is the asking price?
The asking price for this property is $418,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Built in 1920; Double‑lot property
More about this property
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