Multifamily

Narragansett, RI Multifamily Properties for Sale

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North Kingstown, RI Exeter, RI South Kingstown, RI Jamestown, RI East Greenwich, RI Richmond, RI Newport, RI Middletown, RI
Two-Unit Townhouse Duplex
Updated: Nov 3
Two-Unit Townhouse Duplex

93 Ninigret Road, Narragansett, RI 02882

$784,900
2,146 sqft 0.34 AC lot
Legal two‑family property with two townhouse‑style residences
Each unit has 2 bedrooms and 1.5 bathrooms
2,146 square feet on a 0.34‑acre parcel
R‑10 zoning; town water and sewer service
One block from Narrow River
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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 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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4-Unit Quadplex with Screened Porch
4-Unit Quadplex with Screened Porch

75 Caswell Street, Narragansett, RI 02882

$1,350,000
2,550 sqft

Four vacant apartments are arranged across the building’s upper and lower floors.

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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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5 active listings match your search: Multifamily for sale in Narragansett, RI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Two-Unit Residential Duplex
Two-Unit Residential Duplex

484 High Street, South Kingstown, RI 02879

$595,000
4,462 sqft 0.45 AC lot

Both apartments are vacant, with separate laundry, municipal utilities, and a full basement.

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Updated 3-Unit Multifamily Property
Updated 3-Unit Multifamily Property

626 Thames Street, Newport, RI 02840

$2,195,000
4,165 sqft

Three residential units include off-street parking, a detached garage, and a valid transient guest facility license.

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Side-by-Side Duplex
Side-by-Side Duplex

22 Gilroy Street, Newport, RI 02840

$995,000
1,811 sqft 0.14 AC lot

Two residences offer separate entrances, basement laundry, and independent heating, electric, and water systems.

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Duplex with Side Decks
Duplex with Side Decks

18 Fortin Road, South Kingstown, RI 02881

$860,000
3,108 sqft 0.31 AC lot

Both residences are leased through May 2027, with each offering four bedrooms and three bathrooms.

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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 9,344 square feet of properties for sale, with an estimated market value of $10,054,900.

Sale prices for multifamily properties in Narragansett, RI start at $784,900, averaging $2,010,980, 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 5
Quadplexes 1
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 $1.9M

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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