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4-Unit Quadplex with Screened Porch
For Sale
$1,350,000

75 Caswell Street, Narragansett, RI 02882

Four vacant apartments are arranged across the building’s upper and lower floors.

Property Size2,550 SF
Price / SF$529.41
Days on Market8

Property Features for 75 Caswell Street

General Information

Standard status Active
Size 2,550 SF
Property subtype MultiFamily

Additional Details

Multifamily Units 4

Amenities

screened porch
landscaped yard
common grilling area
ample parking

Building Details

Year Built 1928
Listing Agency: SERHANT.
Listed By: Stephanie Basile · License #RES.0029801
Source: Lockandkeyre
Added: Oct 7 Changed: Oct 13 Last Checked: Oct 12 at 8:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SERHANT.

Investment Insights

Based on property information with market context.

This 2,550-square-foot quadplex, built in 1928, contains four apartments, with two on each floor. The units are vacant. Oversized windows, a screened porch, a landscaped yard, and a shared grilling area are among the property’s features. Parking is also available on site.

At 75 Caswell Street in Narragansett, the property is within walking distance of Narragansett Beach, Pier Marketplace, shops, cafés, and restaurants. The existing four-unit layout can continue in that configuration; the property information also identifies multigenerational use or conversion to a single-family residence as possibilities.

Key Highlights

  • Four apartments, with two upstairs and two downstairs
  • 2,550 square feet; built in 1928
  • All four units are vacant

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Plumbing Service Parking Lot & Garage Bakery Furniture & Home Goods Carpet & Flooring Store Storage Facility

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

Demographics for 02882, RI

12,919
Population
8,870
Households
1.5
Avg Household Size
52
Median Age
64%
College-Educated
98%
High-School Grad
12.8 sq mi
ZIP Area
1,009
Density / Sq Mi
$95,794
Median Household Income
$44,042
Median Earnings
$1,661
Median Rent
$686,000
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four vacant apartments are arranged across the building’s upper and lower floors.
Where is this quadplex located?
The property is located at 75 Caswell Street Narragansett, RI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Four apartments, with two upstairs and two downstairs; 2,550 square feet; built in 1928; All four units are vacant
More about this property
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