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Side-by-Side Duplex with Garage
For Sale
$599,000

47 Homestead Avenue North, Smithfield, RI 02896

Two three-bedroom units feature separate utilities, private decks, basement access, and individual laundry.

Property SizeContact for details
Days on Market63

Property Features for 47 Homestead Avenue North

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Amenities

private rear decks
in-unit washer/dryer
Oil
Steam
Electric Water Heater
Sewer Connected

Building Details

Year Built 1915
Buildings 1
Listing Agency: Salzberg Real Estate Agency
Listed By: Doug Bennett · License #REB.0017153
Source: Kw
Added: Jul 11 Changed: Sep 11 Last Checked: Sep 10 at 1:12PM

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 Salzberg Real Estate Agency

Investment Insights

Based on property information with market context.

Built in 1915, this side-by-side duplex presents two three-bedroom units with spacious interiors and separate utility service. Each residence includes a double parlor with decorative columns, a built-in display cabinet, French doors, and hardwood flooring in the bedrooms. The kitchens provide eat-in dining areas; one includes stainless steel appliances with a dishwasher and built-in microwave, while the other offers extensive cabinetry. Both units have a full bath, private rear deck, basement access, and individual washers and dryers.

The property also includes a detached two-car garage, abundant off-street parking, and a paved area for two additional vehicles. Located in the Union Village area of North Smithfield, the duplex is less than one mile from Route 146 and just over a mile from major shopping. Sewer is connected, and the property uses oil heat, steam, and an electric water heater.

Key Highlights

  • Two side‑by‑side units, each with three bedrooms and a full bath
  • Separate utilities, basement access, and individual washers and dryers
  • Detached two‑car garage plus paved parking for two additional vehicles

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Dental Office Spa & Massage Center Hair Salon HVAC Service Pharmacy

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

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 02896, RI

11,154
Population
4,759
Households
2.3
Avg Household Size
48
Median Age
34%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
485
Density / Sq Mi
$109,436
Median Household Income
$57,420
Median Earnings
$1,282
Median Rent
$423,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units feature separate utilities, private decks, basement access, and individual laundry.
Where is this duplex located?
The property is located at 47 Homestead Avenue North Smithfield, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with three bedrooms and a full bath; Separate utilities, basement access, and individual washers and dryers; Detached two‑car garage plus paved parking for two additional vehicles
More about this property
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