3-Unit
New
For Sale
$745,000
75 Doyle Avenue, Providence, RI 02906
Residential Income, Providence, RI
Property Size2,566 SF
Lot Size0.11 Acres
Price / SF$290.34
Days on Market2
Property Features for 75 Doyle Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Basement, Bedroom 4, Bedroom 3, Bedroom 5
Parking
8
Parking features
None
Window features
Insulated Windows
Patio and Porch features
Deck
Interior features
Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Unknown)
Exterior features
Deck
Basement
Full, Unfinished
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Gas Water Heater
Subdivision
East Side / Mount Hope
Lot features
Fenced
Standard status
Active
Size
2,566 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8987
Utilities
Heating system
Oil, Baseboard, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
4
Number of units
3
Flooring type
Hardwood, Tile - Ceramic
Building materials
Dry Wall, Plaster, Clapboard, Wood
Listing Agency:
Residential Properties Ltd.
(401) 274-6740
Listed By:
Gerri Schiffman
(401) 474-3733
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 6:06AM
MLS# 1426886
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.
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Investment Insights
Based on property information with market context.
This Providence triplex contains three apartments, each arranged with two bedrooms and one bathroom. The building totals 2,566 square feet on a 0.11-acre lot and dates to 1900. Hardwood flooring, replacement vinyl windows, and a deck are among its features. The property is zoned R-3.
All three units are occupied under month-to-month leases, and tenants pay their own utilities. Vacant delivery may be arranged with 60 days’ notice. The property is near Hope Village shops, Whole Foods Market, Downtown Providence, and Brown University, with highway access in the area.
All three units are occupied under month-to-month leases, and tenants pay their own utilities. Vacant delivery may be arranged with 60 days’ notice. The property is near Hope Village shops, Whole Foods Market, Downtown Providence, and Brown University, with highway access in the area.
Key Highlights
- Three apartments, each with 2 bedrooms and 1 bathroom
- 2,566‑square‑foot building on a 0.11‑acre lot
- Currently fully occupied with month‑to‑month leases; tenants pay their own utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,330
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,600
$866.6K
Cap Rate 7%
$619,000
$619.0K
Cap Rate 9%
$481,444
$481.4K
Market Conditions
NOI Build-Up for 2,566 SF
Gross rent
$66.2K $25.80/SF
− Vacancy
−$4.3K −$1.68/SF
EGI
$61.9K $24.12/SF
− OpEx
−$18.6K −$7.24/SF
NOI
$43.3K $16.89/SF
Area
Providence, RI
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,600
Cap Rate 7%
$619,000
Cap Rate 9%
$481,444
Alternative Uses
Best Use
Multifamily LT 5
$619.0K
$541.6K – $722.2K
NOI $43,330 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$556.0K
$486.5K – $648.7K
NOI $38,920 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$858.5K
$751.2K – $1.00M
NOI $60,093 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,831
Businesses Nearby
Explore this area
Business Placement
Demographics for 02906, RI
25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
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
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments each contain two bedrooms and one bathroom, with month-to-month occupancy and tenant-paid utilities.
Where is this triplex located?
The property is located at 75 Doyle Avenue Providence, RI.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 bathroom; 2,566‑square‑foot building on a 0.11‑acre lot; Currently fully occupied with month‑to‑month leases; tenants pay their own utilities
