3-Unit Triplex with New
New
For Sale
$574,900
75 Wendell Street, Providence, RI 02900
Residential Income, Providence, RI
Property Size3,049 SF
Lot Size0.07 Acres
Price / SF$188.55
Days on Market5
Property Features for 75 Wendell Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 1
Parking
6
Parking features
None
Basement
Unfinished, Full
Appliances
Gas Water Heater
Subdivision
West End
Standard status
Active
Size
3,049 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4189
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Building Details
Year built
1900
Number of units
3
Flooring type
Vinyl, Tile - Ceramic, Carpet
Building materials
Vinyl Siding
Listing Agency:
Circle 100 Real Estate
(401) 336-6083
Listed By:
Lissette Guzman
(401) 230-6272
Added: Oct 24
Changed: Oct 27
Last Checked: Oct 28 at 5:06AM
MLS# 1427145
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 3,049 square feet across three residences. The first and second floors each have two bedrooms and a double parlor; the third floor has three smaller bedrooms. Three full bathrooms and individual heating systems serve the property. Built in 1900, the building has vinyl siding and a recently replaced roof. Cosmetic updating is needed, and the property is being sold as-is.
The 0.0735-acre parcel is in Providence’s West End, minutes from Federal Hill, downtown, Rhode Island Hospital, and Routes 6 and 95. The property has no parking.
The 0.0735-acre parcel is in Providence’s West End, minutes from Federal Hill, downtown, Rhode Island Hospital, and Routes 6 and 95. The property has no parking.
Key Highlights
- Three residences with a total of 7 bedrooms and 3 full bathrooms
- 3,049 square feet on a 0.0735‑acre lot
- Separate heating system for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,486
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,720
$1.0M
Cap Rate 7%
$735,514
$735.5K
Cap Rate 9%
$572,067
$572.1K
Market Conditions
NOI Build-Up for 3,049 SF
Gross rent
$78.7K $25.80/SF
− Vacancy
−$5.1K −$1.68/SF
EGI
$73.6K $24.12/SF
− OpEx
−$22.1K −$7.24/SF
NOI
$51.5K $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%
$1,029,720
Cap Rate 7%
$735,514
Cap Rate 9%
$572,067
Alternative Uses
Best Use
Multifamily LT 5
$735.5K
$643.6K – $858.1K
NOI $51,486 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$660.7K
$578.1K – $770.8K
NOI $46,246 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$1.02M
$892.6K – $1.19M
NOI $71,404 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
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Business Placement
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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 - Separate heating systems serve each residence, with three full bathrooms throughout the property.
Where is this triplex located?
The property is located at 75 Wendell Street Providence, RI.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Three residences with a total of 7 bedrooms and 3 full bathrooms; 3,049 square feet on a 0.0735‑acre lot; Separate heating system for each residence
