Two-Family Home with Rear
New
For Sale
$459,000
47 Sibyl Street, Providence, RI 02909
Residential Income, Providence, RI
Property Size1,375 SF
Lot Size0.12 Acres
Price / SF$333.82
Days on Market2
Property Features for 47 Sibyl Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 4, Basement, Bedroom 2, Bedroom 3, Bathroom 1
Parking
4
Parking features
None
Interior features
Wall (Dry Wall), Insulation (Unknown)
Basement
Unfinished, Full
Appliances
Gas Water Heater
Lot features
Corner Lot, Paved Driveway
Standard status
Active
Size
1,375 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2595
Utilities
Heating system
Forced Air, Natural Gas
Amenities
off-street parking
fenced yard
private rear deck
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Laminate
Building materials
Dry Wall, Clapboard, Vinyl Siding
Buildings
1
Listing Agency:
Keller Williams Leading Edge · Keller Williams Realty
(401) 333-4900
Listed By:
Jose Diaz · License #RES.0035354
(401) 261-8747
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 29 at 10:06PM
MLS# 1427159
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.
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Investment Insights
Based on property information with market context.
This 1920-built duplex contains two residential units within 1,375 square feet. Each unit has a kitchen with oak cabinetry and storage, a full bathroom, and separate access. The upper unit also has a tiled kitchen backsplash. A private deck extends from the rear of the home, and the fenced yard includes mature trees. The property occupies a 0.12-acre corner lot in Providence’s Silver Lake neighborhood.
Public transit, major highways, schools, and shopping are noted among the surrounding amenities. The property is located at 47 Sibyl Street in Providence, Rhode Island.
Public transit, major highways, schools, and shopping are noted among the surrounding amenities. The property is located at 47 Sibyl Street in Providence, Rhode Island.
Key Highlights
- Two‑unit residential property with 1,375 square feet
- Built in 1920 on a 0.12‑acre corner lot
- Separate entrances for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,218
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,360
$464.4K
Cap Rate 7%
$331,686
$331.7K
Cap Rate 9%
$257,978
$258.0K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$35.5K $25.80/SF
− Vacancy
−$2.3K −$1.68/SF
EGI
$33.2K $24.12/SF
− OpEx
−$10.0K −$7.24/SF
NOI
$23.2K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,360
Cap Rate 7%
$331,686
Cap Rate 9%
$257,978
Alternative Uses
Best Use
Multifamily LT 5
$331.7K
$290.2K – $387.0K
NOI $23,218 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$297.9K
$260.7K – $347.6K
NOI $20,855 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$460.0K
$402.5K – $536.7K
NOI $32,201 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
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Business Placement
Demographics for 02909, RI
46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances, a fenced yard, and a corner-lot setting distinguish this Providence duplex.
Where is this duplex located?
The property is located at 47 Sibyl Street Providence, RI.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Two‑unit residential property with 1,375 square feet; Built in 1920 on a 0.12‑acre corner lot; Separate entrances for each unit
