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    Narragansett, RI Multifamily Properties for Sale

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    North Kingstown, RI South Kingstown, RI Exeter, RI
    Renovated Duplex in Narragansett Pier
    $999,900
    1,728 SF
    Renovated Duplex in Narragansett Pier

    194 S Pier Road, Narragansett, RI 02882

    Updated duplex near the ocean with investment potential.
    • Side‑by‑side two‑family duplex in Narragansett Pier, built in 1960
    • Both one‑level units have been completely updated with new kitchens and bathrooms
    • Newly installed central air systems for both units
    • Private laundry in each unit; includes appliances such as dishwasher, washer, dryer, oven/range, and refrigerator
    • Heating includes oil forced air; cooling is central air
    Updated: May 19
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    Mixed-Use Coastal Property For Sale
    $5,995,000
    0.30 Acres
    Mixed-Use Coastal Property For Sale

    1 Angell Road, Narragansett, RI 02882

    Rare mixed-use property with ocean views and multiple income streams.
    • Directly across from Scarborough State Beach with sweeping ocean views.
    • Multiple income streams from Airbnb units, apartments, restaurants, and retail spaces.
    • Two recently renovated, high‑performing Airbnb units.
    • Prime location benefits from strong seasonal and year‑round traffic.
    • Mixed‑use coastal property in a sought‑after beach location.
    Updated: Mar 17
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    Narragansett Duplex with Water Views
    $1,495,000
    2,358 SF
    Narragansett Duplex with Water Views

    Coastal duplex in Narragansett, walking distance to the ocean.

    6 MacAlder Street, Narragansett, RI 02882

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    Mixed-Use Coastal Property For Sale
    $5,955,000
    11,459 SF
    Mixed-Use Coastal Property For Sale

    Mixed-use property with ocean views and multiple income streams.

    1 Angell Rd, Narragansett, RI 2882

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Narragansett, 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.

    Two-Family Residential Property
    $7,200,000
    3,400 SF
    Two-Family Residential Property

    Two-family lot offering a three-bedroom main residence and a separate two-bedroom rental cottage in Newport.

    18 Ledge Road, Newport, RI 02840

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    Renovated Mixed-Use Waterfront Building
    $3,250,000
    4,800 SF
    Renovated Mixed-Use Waterfront Building

    High-visibility Newport property with short-term rentals and retail spaces.

    491 Thames Street, Newport, RI 02840

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    Mixed-Use Property Near URI Emporium
    $2,900,000
    8,590 SF
    Mixed-Use Property Near URI Emporium

    Mixed-use property with retail and residential units near URI.

    100 Fortin Street, South Kingstown, RI 02881

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    Versatile Investment Opportunity in Charlestown
    $5,790,000
    12.20 Acres
    Versatile Investment Opportunity in Charlestown

    12.2-acre property with manufactured home park and motel.

    5407 Post, Charlestown, RI 2813

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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.

    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 Parcel in Holmes
    $750,000
    2,480 SF
    Expansive Land Parcel in Holmes

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

    545 Grape Hollow Road, Holmes, NY 12531

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    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF
    Flatbush Development Property For Sale

    40 x 100 lot with R6, C1-2 zoning.

    14 E 32nd Street lot: 13, Brooklyn, NY 11226

    View details

    Narragansett, RI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Narragansett, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,545 square feet of properties for sale, with an estimated market value of $8,449,900.

    Sale prices for multifamily properties in Narragansett, RI start at $999,900, averaging $2,816,633, and reaching up to $5,955,000 — 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

    Duplexes 2
    Short term rental properties 2

    Demographics Overview

    Population 36K
    Population Growth (5Y) +1.7%
    Median Household Income $108,536
    College Educated 89.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02882 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.20%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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