Two-Unit Duplex with Fenced
New
For Sale
$549,999
44-46 Milton Road, Warwick, RI 02888
Separate driveways serve the two-unit residence, which also features a deck, fire pit, and two storage sheds.
Property Size2,911 SF
Price / SF$188.94
Days on Market5
Property Features for 44-46 Milton Road
General Information
Standard status
Active
Size
2,911 SF
Property subtype
Multi-Unit (2-4)
Additional Details
Multifamily Units
2
Amenities
fenced-in backyard
deck
fire pit
sheds
driveways
full basement
Lot Size Acres: 0.14, Lot Size Square Feet: 6098
Total Taxes: $5,040, Tax Year: 2026, Percentage of Tax that is Deductable: 0
Laminate Floor, Tile Floor
Forced Air Heating
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-26
Basement Type: Full, Unfinished
6 Bedrooms
Residential Style: Other, 2 Stories, Built in 1909
Above Area Square Feet: 2911
2 Full Baths
Vinyl Siding
Building Details
Year Built
1909
Buildings
1
Listing Agency:
Your Home Sold Guaranteed Realty, The Nathan Clark Team
Listed By:
Rachel Sanville
(401) 232-7661
Source:
Doyle-realty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 4:11PM
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 Your Home Sold Guaranteed Realty, The Nathan Clark Team
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 44-46 Milton Road in Warwick, this two-unit duplex contains six bedrooms and two bathrooms across 2,911 square feet. The property was built in 1909 and includes a full basement.
Outdoor features include a fenced backyard with a deck and fire pit, along with two sheds. Two separate driveways provide on-site vehicle access.
Outdoor features include a fenced backyard with a deck and fire pit, along with two sheds. Two separate driveways provide on-site vehicle access.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 2 bathrooms
- 2,911 square feet; built in 1909
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,297
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,940
$845.9K
Cap Rate 7%
$604,243
$604.2K
Cap Rate 9%
$469,967
$470.0K
Market Conditions
NOI Build-Up for 2,911 SF
Gross rent
$64.6K $22.20/SF
− Vacancy
−$4.2K −$1.44/SF
EGI
$60.4K $20.76/SF
− OpEx
−$18.1K −$6.23/SF
NOI
$42.3K $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%
$845,940
Cap Rate 7%
$604,243
Cap Rate 9%
$469,967
Alternative Uses
Best Use
Multifamily LT 5
$604.2K
$528.7K – $705.0K
NOI $42,297 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$555.1K
$485.7K – $647.6K
NOI $38,856 @ 7.0% cap · market cap 7.06%
Theoretical Best
Specialty Retail
$729.1K
$638.0K – $850.6K
NOI $51,036 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 02888, RI
19,578
Population
9,117
Households
2.1
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
5.9 sq mi
ZIP Area
3,318
Density / Sq Mi
$88,750
Median Household Income
$55,561
Median Earnings
$1,218
Median Rent
$318,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate driveways serve the two-unit residence, which also features a deck, fire pit, and two storage sheds.
Where is this duplex located?
The property is located at 44-46 Milton Road Warwick, RI.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 2 bathrooms; 2,911 square feet; built in 1909; Full basement
