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Duplex with Solar Panels
New
For Sale
$449,000

30 Victoria Street, Providence, RI 02909

Residential Income, Providence, RI

Property Size1,232 SF
Lot Size0.07 Acres
Price / SF$364.45
Days on Market1

Property Features for 30 Victoria Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking 4
Parking features None
Appliances Electric Water Heater
Standard status Active
Size 1,232 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2709

Utilities

Heating system Electric (Heating), Baseboard

Amenities

security cameras
solar panels

Building Details

Year built 1982
Number of units 2
Flooring type Laminate
Building materials Vinyl Siding
Buildings 1
Listing Agency: Century 21 Limitless · Century 21 Real Estate
Listed By: Kyle Seyboth · License #REB.0019335
Added: Oct 30 Last Checked: Oct 30 at 4:06PM
MLS# 1427181

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 1,232-square-foot duplex was built in 1982 on a 0.07-acre lot. Each of its two residences has one bedroom and one full bathroom. Updates include newer flooring in both units; the second unit also has updated appliances, cabinets, and countertops. The first unit has a hot water tank installed two years ago, and the second has a newer tank. Paid-off solar panels and hard-wired security cameras on all four sides are also part of the property.

The property is at 30 Victoria Street in Providence, Rhode Island, near major highways and local amenities.

Key Highlights

  • Two residences, each with 1 bedroom and 1 full bathroom
  • 1,232 square feet on a 0.07‑acre lot
  • Built in 1982

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,804
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,080 $416.1K
Cap Rate 7%
$297,200 $297.2K
Cap Rate 9%
$231,156 $231.2K
Market Conditions
NOI Build-Up for 1,232 SF
Gross rent
$31.8K $25.80/SF
− Vacancy
−$2.1K −$1.68/SF
EGI
$29.7K $24.12/SF
− OpEx
−$8.9K −$7.24/SF
NOI
$20.8K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,080
Cap Rate 7%
$297,200
Cap Rate 9%
$231,156

Alternative Uses

Best Use
Multifamily LT 5
$297.2K
$260.1K – $346.7K (±1% cap)
NOI $20,804 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$266.9K
$233.6K – $311.4K (±1% cap)
NOI $18,686 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$412.2K
$360.7K – $480.9K (±1% cap)
NOI $28,852 @ 7.0% cap · market cap 6.43%
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

490
Businesses Nearby

Demographics for 02909, RI

46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences each have a full bathroom, with flooring updates in both units.
Where is this duplex located?
The property is located at 30 Victoria Street Providence, RI.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two residences, each with 1 bedroom and 1 full bathroom; 1,232 square feet on a 0.07‑acre lot; Built in 1982
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