New-Construction Duplex with
34 Vine Street, West Warwick, RI 02893
For Sale
$625,000
Residential Income, West Warwick, RI
Property Size2,100 SF
Lot Size0.28 Acres
Price / SF$297.62
Days on Market48
Property Features for 34 Vine Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Basement
Appliances
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Flooring type
Building materials
Buildings
Listing Agency:
Century 21 Limitless · Century 21 Real Estate
(508) 567-3468
Listed By:
Kyle Seyboth · License #REB.0019335
(508) 726-3492
Added: Sep 23
Changed: Nov 5
Last Checked: Nov 9 at 3:06AM
MLS# 1424210
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.
Completed in 2026, this two-family property provides 2,100 square feet of living space on a 0.2755-acre lot. The layout includes six bedrooms, four bathrooms, and a basement, with hardwood flooring, vinyl siding, central heating, central air conditioning, and natural gas service. A detached two-car garage adds separate covered parking and storage. Stainless steel appliances are scheduled for installation, and the home includes a gas water heater.
The property is located on Vine Street in West Warwick, with access to Route 2, Route 117, and I-95. Downtown West Warwick, shopping and dining in Coventry and Warwick, T.F. Green International Airport, Riverpoint Park, and the South Branch Pawtuxet River are identified within the surrounding area. Downtown Providence is approximately 15–20 minutes away.
The property is located on Vine Street in West Warwick, with access to Route 2, Route 117, and I-95. Downtown West Warwick, shopping and dining in Coventry and Warwick, T.F. Green International Airport, Riverpoint Park, and the South Branch Pawtuxet River are identified within the surrounding area. Downtown Providence is approximately 15–20 minutes away.
Key Highlights
- New construction completed in 2026
- 2,100 square feet on a 0.2755‑acre lot
- Two‑family layout with six bedrooms and four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,513
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,260
$610.3K
Cap Rate 7%
$435,900
$435.9K
Cap Rate 9%
$339,033
$339.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$46.6K $22.20/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$43.6K $20.76/SF
− OpEx
−$13.1K −$6.23/SF
NOI
$30.5K $14.53/SF
Area
Kent County, RI
Vacancy
6.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,260
Cap Rate 7%
$435,900
Cap Rate 9%
$339,033
Alternative Uses
Best Use
Multifamily LT 5
$435.9K
$381.4K – $508.6K
NOI $30,513 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$400.4K
$350.4K – $467.2K
NOI $28,031 @ 7.0% cap · market cap 4.48%
Theoretical Best
Specialty Retail
$526.0K
$460.2K – $613.6K
NOI $36,817 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
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Business Placement
Demographics for 02893, RI
31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in West Warwick, RI
Properties on Market for Duplexes in West Warwick
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Modern two-family residence with hardwood flooring, central HVAC, and a detached garage.
Where is this duplex located?
The property is located at 34 Vine Street West Warwick, RI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: New construction completed in 2026; 2,100 square feet on a 0.2755‑acre lot; Two‑family layout with six bedrooms and four bathrooms
