Three-Unit Residential
For Sale
$470,000
Pending
4 Edna Street, Johnston, RI 02919
Residential Income, Johnston, RI
Property Size3,200 SF
Lot Size0.13 Acres
Days on Market99
Property Features for 4 Edna Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Parking
4
Parking features
None
Interior features
Wall (Dry Wall), Wall (Paneled), Plumbing (PVC), Insulation (Unknown)
Appliances
Oven, Range, Refrigerator, Electric Water Heater
Subdivision
George Waterman
Standard status
Pending
Size
3,200 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5356
Utilities
Heating system
Electric (Heating), Solar (Heating)
Building Details
Year built
1950
Floors in Building
3
Number of units
3
Flooring type
Tile - Ceramic, Laminate, Hardwood
Building materials
Dry Wall, Paneled, Vinyl Siding
Listing Agency:
Re/Max Advantage Group · RE/MAX International
(401) 823-1500
Listed By:
Jessica Antonelli
(401) 297-7843
Added: Jul 7
Changed: Sep 26
Last Checked: Oct 13 at 5:06PM
MLS# 1417198
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.
Investment Insights
Based on property information with market context.
Built in 1950, this three-unit property offers 2,691 square feet of living space across its residences. The 0.13-acre parcel is improved with a vinyl-sided building featuring ceramic tile, laminate, and hardwood flooring. Interior finishes include drywall and paneled walls.
The property includes ovens, ranges, refrigerators, and electric water heaters. Heating is listed as both electric and solar.
The property includes ovens, ranges, refrigerators, and electric water heaters. Heating is listed as both electric and solar.
Key Highlights
- Three units with 2,691 square feet of living area
- 0.13‑acre parcel
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,286
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,720
$845.7K
Cap Rate 7%
$604,086
$604.1K
Cap Rate 9%
$469,844
$469.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$81.8K $25.56/SF
− Vacancy
−$4.9K −$1.53/SF
EGI
$76.9K $24.03/SF
− OpEx
−$34.6K −$10.81/SF
NOI
$42.3K $13.21/SF
Area
Providence County, RI
Vacancy
6.00%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,720
Cap Rate 7%
$604,086
Cap Rate 9%
$469,844
Alternative Uses
Best Use
Multifamily LT 5
$761.2K
$666.0K – $888.0K
NOI $53,282 @ 7.0% cap · market cap 11.34%
Second Best
Apartment 5plus
$604.1K
$528.6K – $704.8K
NOI $42,286 @ 7.0% cap · market cap 9.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
Demographics for 02919, RI
29,473
Population
11,993
Households
2.5
Avg Household Size
45
Median Age
29%
College-Educated
91%
High-School Grad
23.5 sq mi
ZIP Area
1,254
Density / Sq Mi
$87,811
Median Household Income
$56,068
Median Earnings
$1,259
Median Rent
$326,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three residences contain a combined 2,691 square feet of living area.
Where is this triplex located?
The property is located at 4 Edna Street Johnston, RI.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Three units with 2,691 square feet of living area; 0.13‑acre parcel; Built in 1950
