Six-Unit Apartment
For Sale
$860,000
50 Bills Road, South Kingstown, RI 02881
Residential Income, South Kingstown, RI
Property Size2,013 SF
Lot Size0.32 Acres
Price / SF$427.22
Days on Market22
Property Features for 50 Bills Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-10
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2
Parking
6
Parking features
None
Interior features
Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Basement
Unfinished
Appliances
Oven, Range, Refrigerator, Electric Water Heater
Subdivision
Uri-Kingston
Standard status
Active
Size
2,013 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4111
Utilities
Heating system
Electric (Heating), Baseboard
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Flooring type
Laminate
Building materials
Dry Wall, Clapboard, Masonry, Vinyl Siding, Wood
Listing Agency:
Carty Realty
(401) 783-0044
Listed By:
David Carty · License #REB.0016121
(401) 662-9600
Added: Sep 15
Changed: Sep 26
Last Checked: Oct 6 at 5:06PM
MLS# 1423451
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.
Investment Insights
Based on property information with market context.
This residential income property comprises two buildings with six apartments totaling 2,013 square feet on a 0.32-acre parcel. Built in 1900, the property includes outdoor space and has R-10 zoning. Recent improvements include a new roof, driveway, and hot water heater.
The property is near URI’s main campus in South Kingstown. All six apartments are currently leased, with lease dates that vary.
The property is near URI’s main campus in South Kingstown. All six apartments are currently leased, with lease dates that vary.
Key Highlights
- Two buildings with six apartments
- 2,013 square feet on 0.32 acres
- All apartments are leased, with varying lease dates
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
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Business Placement
Demographics for 02881, RI
8,443
Population
1,247
Households
6.8
Avg Household Size
20
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
2,483
Density / Sq Mi
$5,951
Median Earnings
$1,368
Median Rent
$481,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - All apartments are leased, with lease expiration dates spread across different periods.
Where is this apartment building located?
The property is located at 50 Bills Road South Kingstown, RI.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Two buildings with six apartments; 2,013 square feet on 0.32 acres; All apartments are leased, with varying lease dates
