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    Block Island, RI Multifamily Properties for Sale

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    Block Island Mixed-Use Opportunity
    $2,400,000
    0.28 Acres

    Block Island Mixed-Use Opportunity

    454 Ocean Ave, Block Island, RI 02807

    Mixed-use property in desirable location with flexible commercial space.

    • Prime location between Old Harbor and New Harbor with high foot traffic.
    • Flexible service commercial zoning allows for various business or residential uses.
    • Brand‑new, turnkey 2‑bedroom apartment with modern finishes and water views.
    • First‑floor commercial space ready for customization (coffee shop, retail, restaurant, etc.).
    • Rare 8+ on‑site parking spaces.
    Updated: Jan 17
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    Block Island Two-Family Home
    $2,295,000
    0.28 Acres

    Block Island Two-Family Home

    557 Ctr Rd, Block Island, RI 02807

    Versatile home with income potential in prime location.

    • Prime Block Island location: close to Old Harbor shops, restaurants, ferry, and beaches.
    • Versatile two‑family home: offers flexible living arrangements and rental income potential.
    • Two distinct living spaces: each with private entry, full kitchens, open living/dining areas, and well‑proportioned bedrooms.
    • Additional living space: third level with private entrance, ideal for home office or guest suite.
    • Detached building: potential for expansion, studio, or workshop space (with approvals).
    Updated: Jan 5
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Westerly Commercial Building with Apartments
    $899,000

    Westerly Commercial Building with Apartments

    Downtown commercial building with retail space and residential apartments.

    33 Railroad Ave, Westerly, RI 02891
    View details
    Updated Two-Family in Revived Downtown
    $599,300
    0.36 Acres

    Updated Two-Family in Revived Downtown

    Updated two-family near downtown Westerly with many amenities.

    19 Pleasant St, Westerly, RI 02891
    View details
    Multifamily Property in Stonington
    $2,500,000

    Multifamily Property in Stonington

    Multifamily property for sale in Stonington, Connecticut.

    44 Williams Ave, Stonington, CT 06379
    View details
    Historic Mixed-Use Property in Stonington
    $4,495,000
    12,145 SF

    Historic Mixed-Use Property in Stonington

    Eleven-unit mixed-use property in Stonington Borough's commercial Village District.

    117 Water St, Stonington, CT 06378
    View details

    Block Island, RI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Block Island, RI on our real estate platform. These investment opportunities span a total of 24,394 square feet of properties for sale, with an estimated market value of $4,695,000.

    Prices for multifamily properties in Block Island, RI start at $2,295,000, averaging $2,347,500, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Browse Multifamily properties for Sale Near Block Island, RI

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    Most Searched ZIP Codes in Block Island, RI

    • 02807

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