Duplex with Detached
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
(401) 862-1251
Listed By:
The SoldWithSoko Team
(401) 523-9483
Added: Oct 6
Changed: Oct 8
Last Checked: Oct 9 at 6:06AM
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.
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
NOI $41,360 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$468.9K
$410.3K – $547.1K
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
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
Explore this area
Business Placement
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
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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 - 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
