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    Block Island, RI Multifamily Properties for Sale

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    Providence, RI Warwick, RI Pawtucket, RI
    Block Island Two-Family Home
    $2,295,000
    0.28 Acres

    Block Island Two-Family Home

    557 Center Road, 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: Jun 26, 2025
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    Block Island Mixed-Use Opportunity
    $2,400,000
    0.28 Acres

    Block Island Mixed-Use Opportunity

    454 Ocean Avenue, 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: Oct 4, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Westerly Triplex: Investment Opportunity
    $569,300
    0.11 Acres

    Westerly Triplex: Investment Opportunity

    Charming three-unit residence in Westerly's desirable North End.

    55 Pleasant Street, Westerly, RI 02891
    View details
    Stonington Two-Family Home For Sale
    $365,000

    Stonington Two-Family Home For Sale

    Two-family home with recent upgrades and convenient location.

    51 Pequot Trl, Stonington, CT 6379
    View details
    Historic Mixed-Use Stonington Property
    $4,495,000
    12,145 SF

    Historic Mixed-Use Stonington Property

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

    117 Water Street, Stonington, CT 6378
    View details
    Commercial
    $899,000
    13,000 SF

    Commercial

    Mixed-use properties · 13,000 SF

    33 Railroad, Westerly, RI 2891
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Southampton Village Multifamily Opportunity
    $2,300,000
    0.33 Acres

    Southampton Village Multifamily Opportunity

    Two-family home in the heart of Southampton Village.

    39 Halsey Avenue, Southampton, NY 11968
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    Two-Family Home with Additional Lot
    $899,999
    3,216 SF

    Two-Family Home with Additional Lot

    Spacious two-family home with vacant lot in Dorchester.

    68, 70-72 Clarkson St, Boston, MA 02125
    View details
    Expansive Land with Garage Structure
    $750,000
    75.32 Acres

    Expansive Land with Garage Structure

    75.32 acres of land featuring a 2,480 SF garage.

    545 Grape Hollow Road, Holmes, NY 12531
    View details
    Flatbush Development Property with R6 Zoning
    $1,249,000
    1,407 SF

    Flatbush Development Property with R6 Zoning

    Development property with existing home and R6, C1-2 zoning.

    14 E 32nd Street lot: 13, Brooklyn, NY 11226
    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 0 square feet of properties for sale, with an estimated market value of $4,695,000.

    Sale 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 stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Block Island, RI

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