Two-Unit Duplex with Detached
32 Bellevue Ave, Pawtucket, RI 02861
For Sale
New
$599,000
Residential Income, Pawtucket, RI
Property Size2,314 SF
Lot Size0.11 Acres
Price / SF$258.86
Days on Market3
Property Features for 32 Bellevue Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
balcony
front porch
home office
common laundry area
fenced yard
custom ramp
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Keller Williams Realty Boston South West
Listed By:
Iris Papagno
(781) 251-2101
Added: Nov 5
Last Checked: Nov 6 at 11:06PM
MLS# 73599080
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.
This 1920-built duplex contains 2,314 square feet across two units, each with three bedrooms, an open living area, hardwood floors, remodeled kitchen and updated bath. Both residences have a balcony and front porch. The first-floor kitchen has gas cooking, and the units are individually metered. A 1,157-square-foot basement includes partially finished space, a home office and shared laundry hookups. Exterior features include vinyl siding, a fenced, level yard with a custom ramp, and a detached two-car garage with storage above.
The property is at 32 Bellevue Ave in Pawtucket, with access to I-95, RIPTA bus routes and commuter rail service to Providence and Boston.
The property is at 32 Bellevue Ave in Pawtucket, with access to I-95, RIPTA bus routes and commuter rail service to Providence and Boston.
Key Highlights
- Two‑unit duplex with 2,314 square feet of living area
- Both apartments have three bedrooms, hardwood floors, and updated kitchens and baths
- Two separate meters; first‑floor kitchen has gas cooking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,529
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,580
$770.6K
Cap Rate 7%
$550,414
$550.4K
Cap Rate 9%
$428,100
$428.1K
Market Conditions
NOI Build-Up for 2,314 SF
Gross rent
$58.9K $25.44/SF
− Vacancy
−$3.8K −$1.65/SF
EGI
$55.0K $23.79/SF
− OpEx
−$16.5K −$7.14/SF
NOI
$38.5K $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%
$770,580
Cap Rate 7%
$550,414
Cap Rate 9%
$428,100
Alternative Uses
Best Use
Multifamily LT 5
$550.4K
$481.6K – $642.2K
NOI $38,529 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$436.8K
$382.2K – $509.6K
NOI $30,578 @ 7.0% cap · market cap 5.10%
Theoretical Best
—
—
same as Best Use
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
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Pawtucket, RI
Properties on Market for Duplexes in Pawtucket
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences provide the option to occupy one unit while earning rental income from the other.
Where is this duplex located?
The property is located at 32 Bellevue Ave Pawtucket, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,314 square feet of living area; Both apartments have three bedrooms, hardwood floors, and updated kitchens and baths; Two separate meters; first‑floor kitchen has gas cooking
