Brand-New Duplex with
81 Cadora Avenue Warwick, RI 02818
For Sale
$1,069,000
MULTI_FAMILY - Warwick, RI
Property Size2,200 SF
Lot Size0.24 Acres
Price / SF$485.91
Days on Market49
Property Features for 81 Cadora Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 4, Bedroom 2, Bathroom 4
Parking
3
Patio and Porch features
Deck
Interior features
Wall (Dry Wall), Plumbing (Mixed)
Exterior features
Deck
Basement
Full, Unfinished
Appliances
Electric Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
Standard status
Active
Size
2,200 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
2025
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile - Ceramic
Building materials
Dry Wall, Vinyl Siding
Listing Agency:
Bhhs Commonwealth Real Estate
(401) 886-6100
Listed By:
Allen Gammons
(401) 742-6050
Added: Jun 9
Changed: Jul 26
Last Checked: Jul 27 at 2:06PM
MLS# 1414888
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 brand-new duplex at 81 Cadora Avenue, Warwick, RI is being offered as a turn-key residential income property with two fully equipped units. The improvements include air conditioning, stainless-steel appliances, hardwood flooring, decks, sprinkler systems, and garage parking. The building is described as never lived in, providing a fresh, move-in-ready setup for either an owner-occupant or a tenant-leasing strategy.
The property is located in the heart of Greenwood Proper, just off I-95. It is positioned for convenient regional travel, with TF Green Airport and an Amtrak station both described as a few minutes away. The listing also notes downtown Boston is within an hour’s drive.
From an occupancy standpoint, the duplex format supports flexible living and leasing options, including living in one unit while renting the other. For investors, the same configuration provides two separate, fully loaded residences within a single ownership. For owner-operators, the included amenities and new condition reduce the burden of immediate upgrades, while the garage and deck features add practical everyday value for tenants.
The property is located in the heart of Greenwood Proper, just off I-95. It is positioned for convenient regional travel, with TF Green Airport and an Amtrak station both described as a few minutes away. The listing also notes downtown Boston is within an hour’s drive.
From an occupancy standpoint, the duplex format supports flexible living and leasing options, including living in one unit while renting the other. For investors, the same configuration provides two separate, fully loaded residences within a single ownership. For owner-operators, the included amenities and new condition reduce the burden of immediate upgrades, while the garage and deck features add practical everyday value for tenants.
Key Highlights
- Brand‑new 2025 construction duplex with central air and forced‑air natural gas heating
- Each unit includes stainless kitchen appliances: refrigerator, oven/range, microwave, and dishwasher
- Hardwood and ceramic tile flooring throughout, with dry wall interior finishes
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.8k | $22.20 |
| − Vacancy | −$3.2k | −$1.44 |
| EGI | $45.7k | $20.76 |
| − OpEx | −$13.7k | −$6.23 |
| NOI | $32.0k | $14.53 |
2,200 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$456.7K
$399.6K – $532.8K
NOI $31,966 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$419.5K
$367.1K – $489.4K
NOI $29,366 @ 7.0% cap · market cap 2.75%
Theoretical Best
Specialty Retail
$551.0K
$482.1K – $642.8K
NOI $38,570 @ 7.0% cap · market cap 3.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brand-new duplex with A/C, stainless appliances, decks, sprinklers, and a garage across fully equipped units.
Where is this duplex located?
The property is located at 81 Cadora Avenue Warwick, RI.
What is the asking price?
The asking price for this property is $1,069,000.
What are key features of this property?
This property features: Brand‑new 2025 construction duplex with central air and forced‑air natural gas heating; Each unit includes stainless kitchen appliances: refrigerator, oven/range, microwave, and dishwasher; Hardwood and ceramic tile flooring throughout, with dry wall interior finishes
