Two-Unit Duplex with Rear
New
For Sale
$449,000
47 Sibyl Street, Providence, RI 02909
Residential Income, Providence, RI
Property Size1,375 SF
Lot Size0.12 Acres
Price / SF$326.55
Days on Market3
Property Features for 47 Sibyl Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bedroom 1
Parking
4
Parking features
None
Interior features
Wall (Dry Wall), Insulation (Unknown)
Basement
Full, Unfinished
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
fenced yard
private rear deck
hardwood floors
oak cabinetry
tile kitchen backsplash
baseboard heating
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: Nov 4
Last Checked: Nov 6 at 1:06PM
MLS# 1427838
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 residences with a combined 1,375 square feet. Each unit has its own entrance, hardwood floors in the living areas and bedrooms, an oak-cabinet kitchen with storage, and a full bathroom with period tilework. A rear deck and fenced yard with mature trees add outdoor space to the 0.12-acre corner lot.
The property is in Providence’s Silver Lake neighborhood, with public transit, major highways, schools, and shopping identified as nearby conveniences.
The property is in Providence’s Silver Lake neighborhood, with public transit, major highways, schools, and shopping identified as nearby conveniences.
Key Highlights
- Two residences in a 1,375‑square‑foot duplex
- Built in 1920 on a 0.12‑acre corner lot
- Independent entrances for the two units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,218
Cap Rate
5.17%
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 5.17%
Second Best
Apartment 5plus
$297.9K
$260.7K – $347.6K
NOI $20,855 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$460.0K
$402.5K – $536.7K
NOI $32,201 @ 7.0% cap · market cap 7.17%
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
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Explore this area
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
$283,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Providence, RI
Properties on Market for Duplexes in Providence
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances serve each residence, with a fenced outdoor area and mature trees on the corner parcel.
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 $449,000.
What are key features of this property?
This property features: Two residences in a 1,375‑square‑foot duplex; Built in 1920 on a 0.12‑acre corner lot; Independent entrances for the two units
