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Duplex with Detached Garage
New
For Sale
$650,000

712 East Avenue, Pawtucket, RI 02860

Residential Income, Pawtucket, RI

Property Size2,484 SF
Lot Size0.11 Acres
Price / SF$261.67
Days on Market4

Property Features for 712 East Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Basement, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2
Parking 5
Basement Finished, Full
Appliances Gas Water Heater
Subdivision Oakhill
Standard status Active
Size 2,484 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7357

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas

Building Details

Year built 1925
Number of units 2
Flooring type Hardwood
Building materials Vinyl Siding
Listing Agency: Here Realty
Listed By: The SoldWithSoko Team
Added: Oct 6 Changed: Oct 8 Last Checked: Oct 9 at 7:06AM
MLS# 1425276

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 1925 up-and-down duplex contains two three-bedroom units, each measuring more than 1,200 square feet and offering double-parlor living. The building totals 2,484 square feet on a 0.11-acre lot. Hardwood flooring, vinyl siding, baseboard heating fueled by natural gas, and a gas water heater are among the property features. Public sewer serves the property.

Outdoor and parking amenities include a detached garage, off-street parking, and a backyard. The East Avenue address offers access to downtown Pawtucket, Route 95, nearby shopping and restaurants, and Providence.

Key Highlights

  • Two‑unit duplex with a three‑bedroom residence on each floor
  • 2,484 square feet of building area on a 0.11‑acre lot
  • Each unit offers more than 1,200 square feet and double‑parlor living

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,360
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,200 $827.2K
Cap Rate 7%
$590,857 $590.9K
Cap Rate 9%
$459,556 $459.6K
Market Conditions
NOI Build-Up for 2,484 SF
Gross rent
$63.2K $25.44/SF
− Vacancy
−$4.1K −$1.65/SF
EGI
$59.1K $23.79/SF
− OpEx
−$17.7K −$7.14/SF
NOI
$41.4K $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%
$827,200
Cap Rate 7%
$590,857
Cap Rate 9%
$459,556

Alternative Uses

Best Use
Multifamily LT 5
$590.9K
$517.0K – $689.3K (±1% cap)
NOI $41,360 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$468.9K
$410.3K – $547.1K (±1% cap)
NOI $32,825 @ 7.0% cap · market cap 5.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,257
Businesses Nearby

Demographics for 02860, RI

47,894
Population
21,467
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
80%
High-School Grad
5.3 sq mi
ZIP Area
9,037
Density / Sq Mi
$59,954
Median Household Income
$42,038
Median Earnings
$1,112
Median Rent
$287,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences feature double-parlor layouts, hardwood floors, and separate living space on each level.
Where is this duplex located?
The property is located at 712 East Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑unit duplex with a three‑bedroom residence on each floor; 2,484 square feet of building area on a 0.11‑acre lot; Each unit offers more than 1,200 square feet and double‑parlor living
More about this property
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