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Owner-Occupied Three-Unit Triplex
New
For Sale
$585,000

47 Downes Avenue, Pawtucket, RI 02861

Each apartment offers two bedrooms, hardwood floors, and separately metered utilities.

Property Size4,458 SF
Price / SF$131.22
Days on Market4

Property Features for 47 Downes Avenue

General Information

Standard status Active
Size 4,458 SF
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 3 x 2BR
Multifamily Units 3

Building Details

Year Built 1910
Listing Agency: Keller Williams South Watuppa
Listed By: Raymond Gendreau
Source: Lockandkeyre
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 20 at 4:33AM

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 Keller Williams South Watuppa

Investment Insights

Based on property information with market context.

Built in 1910, this three-unit multifamily property contains three two-bedroom apartments, each with more than 1,000 square feet of living area. Interior layouts include double parlors, galley kitchens, and dining rooms, with hardwood flooring throughout the units. Vinyl siding, a newer roof, updated hot water heaters, and one updated heating system are among the property improvements. The building is owner occupied and passes fire code with hardwired detectors.

The property is located at 47 Downes Avenue in Pawtucket’s Darlington section, within walking distance of the South Attleboro train station. I-95, Slater Park, Daggett Avenue fields, and Route 1 shopping are nearby. Utilities are separately metered, with an additional house meter serving the property.

Key Highlights

  • Three two‑bedroom units, each with more than 1,000 sq. ft. of living space
  • 4,458 sq. ft. multifamily property built in 1910
  • Hardwood floors, double parlors, galley kitchens, and dining rooms in each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic 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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby

Demographics for 02861, RI

27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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?
Triplex - Each apartment offers two bedrooms, hardwood floors, and separately metered utilities.
Where is this triplex located?
The property is located at 47 Downes Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Three two‑bedroom units, each with more than 1,000 sq. ft. of living space; 4,458 sq. ft. multifamily property built in 1910; Hardwood floors, double parlors, galley kitchens, and dining rooms in each unit
More about this property
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