Multifamily

Coventry, RI Multifamily Properties for Sale

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West Greenwich, RI Scituate, RI West Warwick, RI Warwick, RI East Greenwich, RI Cranston, RI Johnston, RI North Kingstown, RI
14 properties
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Riverfront Restaurant with Income Apartments
Updated: Mar 9
Riverfront Restaurant with Income Apartments

1152 Main Street, Coventry, RI 02816

$650,000
4,052 sqft 0.11 AC lot
Prime waterfront location with high visibility across from Dave's Marketplace and Dunkin'.
Fully renovated restaurant/bar with seating for 85, indoor/outdoor bars, and a spacious deck overlooking the river.
Two modern, income‑producing apartments (2‑bedroom and 1‑bedroom with in‑unit laundry).
Strong income potential from both the restaurant/bar and residential units.
Updated kitchen with new tile floors and FRP walls.
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This listing looks promising.

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1152 Main Street, Coventry, RI 02816

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Multi-Family Home with Lift Garage
Updated: Jun 27
Multi-Family Home with Lift Garage

195 Town Farm Road, Coventry, RI 02816

$795,000
3,033 sqft 2.00 AC lot
Multi‑family on 2 acres, built in 1790, with well water and a septic tank
Oversized 3‑car garage with a professional lift, plus additional outdoor deck space
First‑floor unit offers 1,700+ SF with 3‑4 bedrooms, a full bath, eat‑in kitchen, and living room with storage
Second‑floor unit offers 1,300+ SF with 3 bedrooms, a full bath, kitchen, and formal dining room plus attic storage
Each unit has separate utilities and meters and oil heat
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Coventry RI Investment Opportunity
Coventry RI Investment Opportunity

513 Washington Street, Coventry, RI 02816

$800,000
4,488 sqft 0.23 AC lot

Well-maintained 5-unit residential property in a convenient location.

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Income-Producing Three-Family Property
Income-Producing Three-Family Property

432 Fairview Avenue, Coventry, RI 02816

$619,900
6,193 sqft 0.58 AC lot

Spacious, cozy, income-producing three-family property in Coventry, Rhode Island.

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Coventry RI Multifamily Investment
Coventry RI Multifamily Investment

505 Washington Street, Coventry, RI 02816

$900,000
5,222 sqft 0.18 AC lot

Well-maintained 6-unit residential property in a convenient location.

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Multi-Unit Residential Income Property
Multi-Unit Residential Income Property

25 Phillip Street, Coventry, RI 02816

$499,000
1,000 sqft 0.40 AC lot

Two-building package with three units, including a 2-family and a separate single-family home, plus off-street parking.

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Two-Family Home with Outbuildings
Two-Family Home with Outbuildings

661 Washington Street, Coventry, RI 02816

$399,900
1,730 sqft 0.83 AC lot

Two-family home on large lot with gas heat/hot water, ample parking, and multiple outbuildings for added use.

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Coventry, RI Investment Opportunity
Coventry, RI Investment Opportunity

513 Washington Street, Coventry, RI 02816

$800,000
0.23 AC lot

Well-maintained 5-unit residential property in a convenient location.

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10-Unit Multifamily Investment Property
10-Unit Multifamily Investment Property

121 S Main Street, Coventry, RI 02816

$1,299,900
0.64 AC lot

Three-building 10-unit multifamily with separate utilities, all units currently rented.

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Coventry RI Investment Opportunity
Coventry RI Investment Opportunity

505 Washington Street, Coventry, RI 02816

$900,000
0.18 AC lot

Well-maintained 6-unit residential property in a convenient location.

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Coventry Multifamily Investment Opportunity
Coventry Multifamily Investment Opportunity

505 Washington Street, Coventry, RI 02816

$900,000

Well-maintained 6-unit residential property in a convenient location.

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Coventry Multifamily Investment Opportunity
Coventry Multifamily Investment Opportunity

513 Washington Street, Coventry, RI 02816

$800,000

Well-maintained 5-unit residential property in Coventry, Rhode Island.

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Mixed-Use Property with Parking
Mixed-Use Property with Parking

656 Main St, Coventry, RI

Contact for pricing
2,960 sqft 0.80 AC lot

Mixed-use property featuring retail, residential, and parking spaces.

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Mixed-Use Property with Parking
Mixed-Use Property with Parking

654 Main St, Coventry, RI

Contact for pricing
3,227 sqft 0.80 AC lot

Mixed-use property featuring retail, residential, and office spaces.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 14 Active listings in Coventry, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Brand-New Duplex with Decks
Brand-New Duplex with Decks

81 Cadora Avenue, Warwick, RI 02818

$1,069,000
2,200 sqft 0.24 AC lot

Brand-new duplex with A/C, stainless appliances, decks, sprinklers, and a garage across fully equipped units.

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Three-Family Residential Building
Three-Family Residential Building

18 West Street, West Warwick, RI 02893

$500,000
3,146 sqft 0.58 AC lot

As-is three-family property on a large lot, requiring TLC, with prior approval for an additional dwelling that has expired.

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Corner Commercial Building and Duplex
Corner Commercial Building and Duplex

1593 Centerville Road, Warwick, RI 02886

$1,350,000
6,215 sqft

Mixed-use corner parcels include a former bar/restaurant, a two-unit residential building, and dedicated parking.

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Large Multifamily Property on Buildable Lot
Large Multifamily Property on Buildable Lot

18 West Street, West Warwick, RI 02893

$500,000

Three-family property with potential for additional development.

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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.

Two-Family Home with Detached Garage
Two-Family Home with Detached Garage

39 Halsey Avenue, Southampton, NY 11968

$2,300,000
0.33 AC lot

Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

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Expansive Land Parcel in Holmes
Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000
2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

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89 Acres Vacant Land Catskill
89 Acres Vacant Land Catskill

300 Game Farm Road, Catskill, NY 12414

$899,900
89.06 AC lot

89 acres of vacant land near Catskill Game Farm.

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Residential Development Land with Surveyed Lots
Residential Development Land with Surveyed Lots

358 Roller Coaster Road, Laconia, NH 03246

$1,195,000
40.59 AC lot

Surpassed by a surveyed parcel with an existing 2-bedroom ranch and utilities at the street for potential subdivision planning.

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Coventry, RI Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Coventry, RI, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 25,718 square feet of properties for sale, with an estimated market value of $4,663,800.

Sale prices for multifamily properties in Coventry, RI start at $399,900, averaging $666,257, and reaching up to $900,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 9
Duplexes 3
Triplexes 2

Demographics Overview

Population 36K
Population Growth (5Y) +9.9%
Median Household Income $100,485
College Educated 42.2%

High-Yield Neighborhoods for Investment

Identify Coventry submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02816 $824.4K

Taxes & Financing

Tax Rate (average for all types) 2.22%
Property Tax per SF $37.38 per SF
Tax Rate vs County Average 0.29 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Coventry fall within the 50,000 to 100,000 square foot range.

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