Two-Unit Duplex with Detached
For Sale
$599,000
904 Newport Avenue, Pawtucket, RI 02861
Residential Income, Pawtucket, RI
Property Size2,756 SF
Lot Size0.11 Acres
Price / SF$217.34
Days on Market21
Property Features for 904 Newport Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Basement, Bedroom 1
Parking
6
Interior features
Wall (Cermaic), Wall (Paneled), Wall (Plaster), Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
Basement
Unfinished, Full
Appliances
Dishwasher, Oven, Range, Refrigerator
Subdivision
Darlington
Standard status
Active
Size
2,756 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6611
Utilities
Heating system
Natural Gas, Baseboard
Water source
Public
Amenities
enclosed porch
hardwood floors
energy efficient windows
unfinished basement
laundry area
rear yard
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile - Ceramic, Hardwood
Building materials
Ceramic, Paneled, Plaster, Vinyl Siding
Listing Agency:
World Net Real Estate Group
(401) 732-1722
Listed By:
Michael Capuano
(401) 255-6244
Added: Sep 15
Changed: Sep 27
Last Checked: Oct 5 at 2:06PM
MLS# 1423435
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 2,756-square-foot duplex contains two three-bedroom units, each measuring 1,378 square feet. Both residences feature a living room, dining and kitchen areas, and an enclosed porch. Hardwood flooring is present in most rooms, and insulated windows serve both units. Two new 100-amp electrical services were recently installed. The unfinished basement provides laundry space and storage, while a detached two-car garage and rear yard complete the property. Built in 1900, the building sits on 0.1148 acres and is zoned R2.
The property is on Newport Avenue in Pawtucket, with shopping, restaurants, schools, support services, and transportation nearby. The MBTA commuter rail connects the area with Providence and Boston employment centers; I-95 and Slater Park are also close by.
The property is on Newport Avenue in Pawtucket, with shopping, restaurants, schools, support services, and transportation nearby. The MBTA commuter rail connects the area with Providence and Boston employment centers; I-95 and Slater Park are also close by.
Key Highlights
- Two three‑bedroom units, each with 1,378 square feet
- 2,756‑square‑foot building on a 0.1148‑acre lot
- Detached two‑car garage and rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,889
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,780
$917.8K
Cap Rate 7%
$655,557
$655.6K
Cap Rate 9%
$509,878
$509.9K
Market Conditions
NOI Build-Up for 2,756 SF
Gross rent
$70.1K $25.44/SF
− Vacancy
−$4.6K −$1.65/SF
EGI
$65.6K $23.79/SF
− OpEx
−$19.7K −$7.14/SF
NOI
$45.9K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,780
Cap Rate 7%
$655,557
Cap Rate 9%
$509,878
Alternative Uses
Best Use
Multifamily LT 5
$655.6K
$573.6K – $764.8K
NOI $45,889 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$520.3K
$455.2K – $607.0K
NOI $36,419 @ 7.0% cap · market cap 6.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 02861, RI
27,833
Population
11,928
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
3.6 sq mi
ZIP Area
7,731
Density / Sq Mi
$83,044
Median Household Income
$47,384
Median Earnings
$1,278
Median Rent
$285,200
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
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, an enclosed porch, and generous living and dining areas.
Where is this duplex located?
The property is located at 904 Newport Avenue Pawtucket, RI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two three‑bedroom units, each with 1,378 square feet; 2,756‑square‑foot building on a 0.1148‑acre lot; Detached two‑car garage and rear yard
