Three-Unit Residential
For Sale
$785,000
75 Doyle Avenue, Providence, RI 02906
Residential Income, Providence, RI
Property Size2,566 SF
Lot Size0.11 Acres
Price / SF$305.92
Days on Market19
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
Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Basement, Bedroom 4, Bathroom 2
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
Unfinished, Full
Appliances
Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Gas Water Heater
Subdivision
East Side / Mt. 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
Natural Gas, Oil, Baseboard
Water source
Public
Building Details
Year built
1900
Floors in Building
4
Number of units
3
Flooring type
Tile - Ceramic, Hardwood
Building materials
Dry Wall, Plaster, Clapboard, Wood
Listing Agency:
Residential Properties Ltd.
(401) 274-6740
Listed By:
Gerri Schiffman · License #RES.0025339
(401) 474-3733
Added: Sep 17
Changed: Sep 28
Last Checked: Oct 5 at 7:06PM
MLS# 1423626
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.
Built in 1900, this 2,566-square-foot triplex contains three apartments, each with two bedrooms and one bathroom. Hardwood flooring and replacement vinyl windows are among the property's features, and a deck provides additional outdoor space. The building sits on a 0.11-acre lot and is zoned R-3.
The property is in Providence, near Hope Village shops, Whole Foods Market, downtown Providence, Brown University, and highway access. All three apartments are currently occupied, and tenants pay for their electric and gas utilities.
The property is in Providence, near Hope Village shops, Whole Foods Market, downtown Providence, Brown University, and highway access. All three apartments are currently occupied, and tenants pay for their electric and gas utilities.
Key Highlights
- Three occupied apartments, each configured with 2 bedrooms and 1 bathroom
- 2,566‑square‑foot building on a 0.11‑acre lot
- Zoned R‑3
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,330
Cap Rate
5.52%
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 5.52%
Second Best
Apartment 5plus
$556.0K
$486.5K – $648.7K
NOI $38,920 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$858.5K
$751.2K – $1.00M
NOI $60,093 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - All three apartments are occupied, with residents responsible for their own electric and gas service.
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 $785,000.
What are key features of this property?
This property features: Three occupied apartments, each configured with 2 bedrooms and 1 bathroom; 2,566‑square‑foot building on a 0.11‑acre lot; Zoned R‑3
