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Side-by-Side Duplex Investment
For Sale
$1,100,000

37 Harmony Drive, Providence, RI 02909

Two side-by-side duplexes offer an appealing open layout with separate basements and dual-zoned heating in each unit.

Days on Market12

Property Features for 37 Harmony Drive

General Information

Standard status Active
Property subtype Multi-family
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Built 1973
Stories 2
Construction contemporary
Tenancy Multi
Listing Agency: Places & Spaces Realty,LLC
Listed By: Agueda Del Borgo
Source: Teridegnan
Added: Jul 22 Changed: Jul 25 Last Checked: Aug 1 at 2:34AM

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 Places & Spaces Realty,LLC

Investment Insights

Based on property information with market context.

This offering includes two beautifully maintained, side-by-side duplexes, available as a package deal. Each property is independently listed and is still owned and managed by the original owner. Interior finishes include a contemporary, open layout with neutral paint tones, tile, some engineered flooring, and mostly hardwood throughout. Living, dining, and kitchen space are located on the first level, with bedrooms and bathrooms on the second level. Each unit is supported by its own tidy basement, and tenants maintain month-to-month occupancy.

The properties are in a predominately single-family neighborhood near a golf course and Rhode Island College. Both units have tenants responsible for utilities and dual-zoned heating. Exterior features include vinyl siding and replacement windows, with newer mechanicals and lead safe certificates in place.

For each duplex, the current configuration centers on a two-level living arrangement with separate basements, continuing utility responsibility with dual-zoned heating. Taxes are noted as not reflecting the owner-occupied tax rate.

Key Highlights

  • Two side‑by‑side duplexes (also individually listed as MLS# 1416887 and MLS# 1416888)
  • Built in 1973; each unit has an open living/dining/kitchen layout on the first level and bedrooms/baths on the second
  • Separate, tidy basements for each duplex

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm HVAC Service Accounting Firm Electrical 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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

442
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

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?
Duplex - Two side-by-side duplexes offer an appealing open layout with separate basements and dual-zoned heating in each unit.
Where is this duplex located?
The property is located at 37 Harmony Drive Providence, RI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two side‑by‑side duplexes (also individually listed as MLS# 1416887 and MLS# 1416888); Built in 1973; each unit has an open living/dining/kitchen layout on the first level and bedrooms/baths on the second; Separate, tidy basements for each duplex
More about this property
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