Two-Unit Duplex with
For Sale
$499,000
Pending
36 Greenhill Street, West Warwick, RI 02893
Residential Income, West Warwick, RI
Property Size2,705 SF
Lot Size0.14 Acres
Days on Market42
Property Features for 36 Greenhill Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Basement, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 6
Parking
4
Interior features
Wall (Dry Wall), Attic, Stairs, Plumbing (Mixed)
Basement
Storage Space, Full, Unfinished
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Lot features
Paved Driveway
Standard status
Pending
Size
2,705 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5087
Utilities
Heating system
Steam, Baseboard, Natural Gas
Water source
Public
Building Details
Year built
1890
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet
Building materials
Dry Wall, Wood
Listing Agency:
Keller Williams Leading Edge · Keller Williams Realty
(401) 333-4900
Listed By:
Denali Group · License #52040
(401) 524-0770
Added: Sep 22
Changed: Oct 27
Last Checked: Nov 2 at 1:06PM
MLS# 1424016
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 duplex contains two three-bedroom residences, with 2,705 square feet of building area. The kitchens have granite counters and stainless steel appliances, and both bathrooms have been replaced. The property was updated three years ago. A full basement provides additional storage space, and the detached one-car garage adds covered parking or storage options.
The 0.14-acre property also has off-street parking. Built in 1890, the building has hardwood and carpet flooring and natural gas heating.
The 0.14-acre property also has off-street parking. Built in 1890, the building has hardwood and carpet flooring and natural gas heating.
Key Highlights
- Two three‑bedroom residences
- 2,705 square feet of building area
- Updated three years ago; both bathrooms replaced
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,303
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,060
$786.1K
Cap Rate 7%
$561,471
$561.5K
Cap Rate 9%
$436,700
$436.7K
Market Conditions
NOI Build-Up for 2,705 SF
Gross rent
$60.1K $22.20/SF
− Vacancy
−$3.9K −$1.44/SF
EGI
$56.1K $20.76/SF
− OpEx
−$16.8K −$6.23/SF
NOI
$39.3K $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%
$786,060
Cap Rate 7%
$561,471
Cap Rate 9%
$436,700
Alternative Uses
Best Use
Multifamily LT 5
$561.5K
$491.3K – $655.1K
NOI $39,303 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$515.8K
$451.3K – $601.8K
NOI $36,107 @ 7.0% cap · market cap 7.24%
Theoretical Best
Specialty Retail
$677.5K
$592.8K – $790.4K
NOI $47,424 @ 7.0% cap · market cap 9.50%
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
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and a kitchen with granite counters and stainless steel appliances.
Where is this duplex located?
The property is located at 36 Greenhill Street West Warwick, RI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two three‑bedroom residences; 2,705 square feet of building area; Updated three years ago; both bathrooms replaced
