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Triplex with Detached Garage
For Sale
$619,000

339 Waterman Avenue East, Providence, RI 02914

Three residential units provide two-bedroom layouts, outdoor space, and convenient access to shopping, dining, schools, and major highways.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market68

Property Features for 339 Waterman Avenue East

General Information

Standard status Active
Total Parking Spaces 2
Lot size 0.25 Acres
Property subtype Multi-Family

Amenities

Forced Air
Gas
Steam
Gas Water Heater
Sewer Connected

Building Details

Year Built 1900
Stories 3
Tenancy Multi
Listing Agency: RE/MAX River's Edge
Listed By: Robert Bohlen · License #RES.0042441
Source: Kw
Added: Jun 26 Changed: Aug 31 Last Checked: Aug 3 at 7:52AM

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 River's Edge

Investment Insights

Based on property information with market context.

Built in 1900, this triplex contains three residential units, each configured with two bedrooms and one full bathroom. The property includes a detached two-car garage, a 1/4-acre lot, and outdoor space that supports both resident use and additional parking or storage. Interior systems include forced-air and steam heating, gas service, and a gas water heater, while the property is connected to sewer service.

Located in East Providence, the property is near shopping, dining, schools, and major highways. Its three-unit layout accommodates residential income use, including the option to occupy one unit while leasing the others, as supported by the existing configuration.

Key Highlights

  • Three residential units, each with 2 bedrooms and 1 full bathroom
  • Detached 2‑car garage for parking and storage
  • 1/4‑acre lot with outdoor space

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 02914, RI

22,140
Population
10,082
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
4,518
Density / Sq Mi
$60,838
Median Household Income
$43,696
Median Earnings
$1,165
Median Rent
$309,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three residential units provide two-bedroom layouts, outdoor space, and convenient access to shopping, dining, schools, and major highways.
Where is this triplex located?
The property is located at 339 Waterman Avenue East Providence, RI.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Three residential units, each with 2 bedrooms and 1 full bathroom; Detached 2‑car garage for parking and storage; 1/4‑acre lot with outdoor space
More about this property
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