Duplex with Detached
New
For Sale
$599,900
71 Rowe Avenue, Pawtucket, RI 02861
Residential Income, Pawtucket, RI
Property Size2,576 SF
Lot Size0.11 Acres
Price / SF$232.88
Days on Market7
Property Features for 71 Rowe Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RS
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking
8
Interior features
Plumbing (Mixed)
Basement
Full, Unfinished, Storage Space
Appliances
Gas Water Heater
Subdivision
Darlington
Standard status
Active
Size
2,576 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5386
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Amenities
in-unit washer/dryer hookups
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Listing Agency:
Keller Williams Realty
(508) 695-4545
Listed By:
Kurt Franklin
(508) 446-0275
Added: Sep 29
Changed: Oct 4
Last Checked: Oct 5 at 3:06PM
MLS# 1424548
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 two-family property contains 2,576 square feet across two residences, each arranged with three bedrooms and one full bathroom. Hardwood flooring and in-unit washer/dryer hookups are provided in both units. A detached garage offers additional storage and parking. The property was built in 1920 and sits on a 0.11-acre lot, with RS zoning. Section 8 housing is currently part of the property’s occupancy mix.
The home is in Pawtucket’s Darlington neighborhood, near Slater Memorial Park, Pawtucket Country Club, shopping, and dining. Public water serves the property; heating is forced air fueled by natural gas, and window units provide cooling.
The home is in Pawtucket’s Darlington neighborhood, near Slater Memorial Park, Pawtucket Country Club, shopping, and dining. Public water serves the property; heating is forced air fueled by natural gas, and window units provide cooling.
Key Highlights
- Two‑family property with 2,576 square feet
- Each unit has 3 bedrooms and 1 full bathroom
- 0.11‑acre lot with detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,892
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,840
$857.8K
Cap Rate 7%
$612,743
$612.7K
Cap Rate 9%
$476,578
$476.6K
Market Conditions
NOI Build-Up for 2,576 SF
Gross rent
$65.5K $25.44/SF
− Vacancy
−$4.3K −$1.65/SF
EGI
$61.3K $23.79/SF
− OpEx
−$18.4K −$7.14/SF
NOI
$42.9K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,840
Cap Rate 7%
$612,743
Cap Rate 9%
$476,578
Alternative Uses
Best Use
Multifamily LT 5
$612.7K
$536.2K – $714.9K
NOI $42,892 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$486.3K
$425.5K – $567.4K
NOI $34,041 @ 7.0% cap · market cap 5.67%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Each residence has three bedrooms, hardwood flooring, and washer/dryer hookups.
Where is this duplex located?
The property is located at 71 Rowe Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑family property with 2,576 square feet; Each unit has 3 bedrooms and 1 full bathroom; 0.11‑acre lot with detached garage
