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    Coventry, RI
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    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 Foster, RI Johnston, RI
    15 properties
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    6-Unit Apartment Building
    Updated: Mar 20
    6-Unit Apartment Building

    505 Washington Street, Coventry, RI 02816

    $800,000
    5,222 sqft 0.18 AC lot
    6‑unit apartment building with two 1‑bedroom units and four 2‑bedroom units
    5,222 square feet on a 0.18‑acre lot
    Built in 1850 with vinyl siding and laminate flooring
    Basement included in the building
    Electric and baseboard heating systems
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    This listing looks promising.

    Here's a quick look at some key insights for

    505 Washington Street, Coventry, RI 02816

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $70K
      Annual

    • Price @ 7% Cap

      $996K
      Above asking
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    Four-Unit Residential Income Property
    Updated: Aug 12
    Four-Unit Residential Income Property

    513 Washington Street, Coventry, RI 02816

    $700,000
    4,488 sqft 0.23 AC lot
    Four‑unit residential property with 4,488 square feet
    0.23‑acre parcel in Coventry, RI
    Vinyl siding and laminate flooring
    Natural gas, baseboard, and electric heating
    Electric water heater
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    Pawtuxet River Quadplex
    Pawtuxet River Quadplex

    1214 Main Street, Coventry, RI 02816

    $689,900
    2,376 sqft 0.41 AC lot

    Four-unit residential property with separate utilities, septic service, and compliance with the lead registry.

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    Duplex with Oversized Garage
    Duplex with Oversized Garage

    195 Town Farm Road, Coventry, RI 02816

    $745,000
    3,033 sqft 2.00 AC lot

    Two residential units offer separate utilities, laundry areas, wood flooring, and substantial storage across a two-acre parcel.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Multifamily Property
    Waterfront Multifamily Property

    1214 Main Street, Coventry, RI 02816

    $689,900
    2,376 sqft

    Income-producing property with separate utilities, on-site parking, and Pawtuxet River frontage.

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    Riverfront Mixed-Use Property
    Riverfront Mixed-Use Property

    1152 Main Street, Coventry, RI 02816

    $650,000
    4,052 sqft 0.11 AC lot

    Restaurant and bar space is paired with two leased apartments for combined commercial and residential use.

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    Two-Unit Duplex with Spacious Layout
    Two-Unit Duplex with Spacious Layout

    10 Stone Street, Coventry, RI 02816

    $399,900
    1,920 sqft 0.08 AC lot

    Two oversized one-bedroom residences offer separate living areas and tenant-paid utilities in a compact duplex property.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    195 Town Farm Road, Coventry, RI 02816

    $745,000
    2.00 AC lot

    Well-maintained two-unit income property with separate utilities and an oversized 3-car garage on 2 acres.

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    Mixed-Use Property with Bar
    Mixed-Use Property with Bar

    354 Tiogue Avenue, Coventry, RI 02816

    $399,900
    0.26 AC lot

    Two-level configuration combines a commercial unit with a legally zoned residential apartment.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    505 Washington Street, Coventry, RI 02816

    $800,000
    0.18 AC lot

    Residential property with off-street parking and a mix of one- and two-bedroom layouts.

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    4-Unit Residential Quadplex
    4-Unit Residential Quadplex

    513 Washington Street, Coventry, RI 02816

    $700,000

    Four residential units with off-street parking near shopping, dining, and daily services.

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    Coventry Multifamily Investment Opportunity
    Coventry Multifamily Investment Opportunity

    505 Washington Street, Coventry, RI 02816

    $800,000

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

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    Two-Unit One-Bedroom Duplex
    Two-Unit One-Bedroom Duplex

    10 Stone Street, Coventry, RI 02816

    $399,900

    Duplex with two separate residential units and tenant-paid utilities in Coventry.

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    Coventry Multifamily Investment Opportunity
    Coventry Multifamily Investment Opportunity

    505 Washington Street, Coventry, RI 02816

    Contact for pricing

    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

    Contact for pricing

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

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 15 Active listings in Coventry, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    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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    Warwick Corner Lot Opportunity
    Warwick Corner Lot Opportunity

    1593 Centerville Road, Warwick, RI 02886

    $1,350,000
    2,034 sqft 0.13 AC lot

    Mixed-use property with restaurant, parking, and residential units.

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    Triplex with Large Lot
    Triplex with Large Lot

    18 West Street, West Warwick, RI 02893

    $500,000
    3,146 sqft 0.58 AC lot

    Three-family property with three bathrooms, basement storage, and public sewer service in West Warwick.

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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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    Coventry, RI Multifamily Properties Market Trends and Statistics

    Explore 15 multifamily properties for sale in Coventry, RI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 23,467 square feet of properties for sale, with an estimated market value of $8,519,500.

    Sale prices for multifamily properties in Coventry, RI start at $399,900, averaging $655,346, and reaching up to $800,000 — 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 7
    Duplexes 4
    Quadplexes 3

    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 $761.1K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Residential Income

    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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