94-Unit Apartment
For Sale
Contact for pricing
44 Austin Avenue, Smithfield, RI 02828
Two Rhode Island apartment properties offer 94 rental units across North Providence and Smithfield.
Property SizeContact for details
Days on Market145
Property Features for 44 Austin Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Asking Price
$13,350,000
Highway Access
Yes
Multifamily Units
94
Listing Agency:
Hunneman
(617) 457-3266
Listed By:
Dan McGee · License #MA 9043101
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 1:44PM
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 Hunneman
Investment Insights
Based on property information with market context.
This multifamily offering combines two Rhode Island apartment properties totaling 94 units. The primary property contains 76 units on Smithfield Road in North Providence, while the second building contributes 18 units on Austin Avenue in Smithfield’s Greenville section. The properties have been maintained by the same family that originally developed the complex, and improvements have been completed across the portfolio.
The North Providence location sits just off Route 15 and is near restaurants, shopping, medical services, schools, a library, and recreational facilities. The Smithfield property is positioned near Route 44, Apple Valley Mall, and the Crossing at Smithfield retail area, with access to I-295. Both properties are approximately 15–20 minutes from downtown Providence and 20–30 minutes from TF Green Airport in Warwick. Nearby employment and institutional destinations include Fatima Hospital, Bryant University, Providence College, Rhode Island College, and Fidelity.
The North Providence location sits just off Route 15 and is near restaurants, shopping, medical services, schools, a library, and recreational facilities. The Smithfield property is positioned near Route 44, Apple Valley Mall, and the Crossing at Smithfield retail area, with access to I-295. Both properties are approximately 15–20 minutes from downtown Providence and 20–30 minutes from TF Green Airport in Warwick. Nearby employment and institutional destinations include Fatima Hospital, Bryant University, Providence College, Rhode Island College, and Fidelity.
Key Highlights
- 94 total apartment units across two Rhode Island properties
- 76 units on Smithfield Road in North Providence
- 18‑unit apartment building on Austin Avenue in Smithfield
Property Analytics
Current Use
Lease Details
94
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 02828, RI
7,469
Population
3,012
Households
2.5
Avg Household Size
50
Median Age
41%
College-Educated
95%
High-School Grad
4.3 sq mi
ZIP Area
1,737
Density / Sq Mi
$94,746
Median Household Income
$61,278
Median Earnings
$999
Median Rent
$400,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two Rhode Island apartment properties offer 94 rental units across North Providence and Smithfield.
Where is this apartment building located?
The property is located at 44 Austin Avenue Smithfield, RI.
What are key features of this property?
This property features: 94 total apartment units across two Rhode Island properties; 76 units on Smithfield Road in North Providence; 18‑unit apartment building on Austin Avenue in Smithfield
