6-Unit Apartment
New
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 Market3
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
Bathroom 4, Bedroom 1, Bathroom 1, Basement, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4
Parking
6
Parking features
None
Interior features
Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Basement
Unfinished
Appliances
Electric Water Heater, Oven/Range, Refrigerator
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
Baseboard, Electric (Heating)
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
Last Checked: Sep 17 at 12:06AM
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 includes two buildings containing six separate apartments on a 0.32-acre parcel. The buildings total 2,013 square feet and date to 1900, with laminate flooring, electric baseboard heat, mixed plumbing, and drywall interiors. Appliances include electric water heaters, oven/ranges, and refrigerators. Recent improvements include a new roof, driveway, and hot water heater.
The property is located near the University of Rhode Island campus in South Kingstown, with outdoor space and the apartments currently rented under leases with varying expiration dates. R-10 zoning applies, and the property is being offered through an LLC.
The property is located near the University of Rhode Island campus in South Kingstown, with outdoor space and the apartments currently rented under leases with varying expiration dates. R-10 zoning applies, and the property is being offered through an LLC.
Key Highlights
- Six apartments across two buildings
- 2,013 square feet on 0.32 acres
- R‑10 zoning in South Kingstown
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 - Two-building residential property with six apartments, R-10 zoning, and current occupancy across varied lease dates.
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: Six apartments across two buildings; 2,013 square feet on 0.32 acres; R‑10 zoning in South Kingstown
