Renovated Side-by-Side
84 Standish Ave, Providence, RI 02908
For Sale
$434,000
Two-family layout with private entrances, updated flooring, and a contemporary kitchen on one side.
Property Size1,302 SF
Price / SF$333.33
Days on Market57
Property Features for 84 Standish Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Pyramid Realty Inc
Listed By:
Martha Habib · License RI REB.0019420
(401) 864-5505
Source:
Alpernandmesenbourg
Added: Sep 18
Changed: Oct 25
Last Checked: Oct 7 at 2:50PM
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 Pyramid Realty Inc
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Investment Insights
Based on property information with market context.
Built in 1981, this side-by-side duplex has been renovated with private entryways, new exterior siding, and updated flooring. One side features an open-plan interior with a contemporary kitchen equipped with quartz countertops, Shaker-style cabinetry, and stainless steel appliances. The interior design creates a modern, functional feel across the updated space.
The property is situated in Providence near Triggs Golf Course and Providence College, with shopping, dining, and everyday conveniences nearby. Its two-family configuration supports a range of residential ownership and occupancy arrangements, subject to applicable requirements.
The property is situated in Providence near Triggs Golf Course and Providence College, with shopping, dining, and everyday conveniences nearby. Its two-family configuration supports a range of residential ownership and occupancy arrangements, subject to applicable requirements.
Key Highlights
- Side‑by‑side two‑family property built in 1981
- Private entryways for the two‑family layout
- New exterior siding and updated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,986
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,720
$439.7K
Cap Rate 7%
$314,086
$314.1K
Cap Rate 9%
$244,289
$244.3K
Market Conditions
NOI Build-Up for 1,302 SF
Gross rent
$33.6K $25.80/SF
− Vacancy
−$2.2K −$1.68/SF
EGI
$31.4K $24.12/SF
− OpEx
−$9.4K −$7.24/SF
NOI
$22.0K $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%
$439,720
Cap Rate 7%
$314,086
Cap Rate 9%
$244,289
Alternative Uses
Best Use
Multifamily LT 5
$314.1K
$274.8K – $366.4K
NOI $21,986 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$282.1K
$246.9K – $329.1K
NOI $19,748 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$435.6K
$381.1K – $508.2K
NOI $30,491 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
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Business Placement
Demographics for 02908, RI
38,507
Population
17,160
Households
2.2
Avg Household Size
32
Median Age
29%
College-Educated
84%
High-School Grad
3.4 sq mi
ZIP Area
11,326
Density / Sq Mi
$74,341
Median Household Income
$42,947
Median Earnings
$1,381
Median Rent
$293,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Providence, RI
Properties on Market for Duplexes in Providence
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family layout with private entrances, updated flooring, and a contemporary kitchen on one side.
Where is this duplex located?
The property is located at 84 Standish Ave Providence, RI.
What is the asking price?
The asking price for this property is $434,000.
What are key features of this property?
This property features: Side‑by‑side two‑family property built in 1981; Private entryways for the two‑family layout; New exterior siding and updated flooring
