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    Narragansett, RI
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    Narragansett, RI Multifamily Properties for Sale

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    South Kingstown, RI North Kingstown, RI Exeter, RI Jamestown, RI East Greenwich, RI Richmond, RI Newport, RI Middletown, RI
    Two-Unit Duplex with Central Air
    Updated: May 19
    Two-Unit Duplex with Central Air

    194 S Pier Road, Narragansett, RI 02882

    $975,000
    1,728 sqft 0.35 AC lot
    Side‑by‑side duplex with two one‑level residences
    1,728 square feet on a 0.35‑acre lot
    Both units have central air conditioning and private laundry
    Updated kitchens and bathrooms in each residence
    R‑40 zoning; built in 1960
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    Duplex Property on Double Lot
    Updated: Sep 1
    Duplex Property on Double Lot

    17 Clara Lane, Narragansett, RI 02882

    $950,000
    2,920 sqft 0.48 AC lot
    Two‑residence duplex with 2,920 square feet of building area
    Each residence includes 4 bedrooms and 2 bathrooms
    Situated on a 0.48‑acre double lot in Bonnet Shores
    Central air and forced‑air natural gas heating
    Decks, ceramic tile, and laminate flooring
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    Two-Unit Duplex with Loft
    Two-Unit Duplex with Loft

    1370 Boston Neck Road, Narragansett, RI 02874

    $910,000
    1,836 sqft

    Separate utilities and in-unit laundry serve both residences.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex on a Double Lot
    Duplex on a Double Lot

    17 Clara Ln, Narragansett, RI 02882

    $950,000
    2,920 sqft

    Each residence features four bedrooms, two bathrooms, air conditioning, and new flooring.

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    Mixed-Use Coastal Property For Sale
    Mixed-Use Coastal Property For Sale

    1 Angell, Narragansett, RI 02882

    $5,995,000
    0.30 AC lot

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

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Narragansett, 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.

    Duplex with Updated Roof and Windows
    Duplex with Updated Roof and Windows

    18 Fortin Road, South Kingstown, RI 02881

    $860,000
    3,108 sqft 0.31 AC lot

    Two separately rented residences are occupied through May 2027, with each offering four bedrooms and three bathrooms.

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    Six-Unit Apartment Property
    Six-Unit Apartment Property

    50 Bills Road, South Kingstown, RI 02881

    $860,000
    2,013 sqft 0.32 AC lot

    All apartments are leased, with lease expiration dates spread across different periods.

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    Duplex Property With Detached Barn
    Duplex Property With Detached Barn

    46 Carr Lane, Jamestown, RI 02835

    $1,095,000
    2,502 sqft 2.02 AC lot

    Two legal residences include Victorian and ranch-style cottages with private well and septic service.

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    Water-View Apartment Property
    Water-View Apartment Property

    150 Bay View Drive, Jamestown, RI 02835

    Contact for pricing
    22,800 sqft 4.08 AC lot

    R-40-zoned residential property with private-entry residences and conversion potential for condominium or short-term rental use.

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    Narragansett, RI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Narragansett, RI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,404 square feet of properties for sale, with an estimated market value of $9,780,000.

    Sale prices for multifamily properties in Narragansett, RI start at $910,000, averaging $1,956,000, and reaching up to $5,995,000 — 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 4
    Short term rental properties 1

    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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    Most Searched ZIP Codes in Narragansett, RI

    • 02882
    • 02874

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