Providence, RI Multifamily Properties for Sale

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403 properties

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Updated: Aug 19

Two-Family Duplex with Townhouse Unit

329 Plainfield Street, Providence, RI 02909

$550,000

2,955 sqft 0.07 AC lot

2,955‑square‑foot duplex on a 0.07‑acre lot
First‑floor residence with 3 bedrooms and 1 full bathroom
Townhouse‑style second‑floor unit with 4 bedrooms and 2 full bathrooms
Built in 1940 with vinyl siding and forced‑air heating
Natural gas heating and electric water heater

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329 Plainfield Street, Providence, RI 02909

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$50K
Annual
Price @ 7% Cap

$713K
Above asking
Property Type

Duplex
Built 1940

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Updated: Aug 24

Renovated Historic Apartment Building

215 Broadway, Providence, RI 02903

$2,950,000

7,600 sqft 0.21 AC lot

Ten residential units with studio, one-, two-, and three‑bedroom layouts
7,600 square feet on a 0.2076‑acre site
1887 Second Empire mansion with paneled walls, marble fireplaces, parquet flooring, and crystal chandeliers
Electrical and HVAC upgrades, new fire alarm system, and fully sprinklered building
Updated kitchens and designer baths

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Triplex with Unfinished Attic

45 Carrington Avenue, Providence, RI 02906

$1,100,000

4,144 sqft 0.08 AC lot

Three leased residences provide spacious layouts, separate utility infrastructure, and garage parking in Providence’s East Side.

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Mixed-Use Portfolio with Development Parcel

1158 1172 N. Main And 81 Nashua St, Providence, RI 02906

$2,675,000

14,000 sqft

Four-lot commercial and residential property with storefronts, apartments, garages, and an additional buildable parcel.

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Fully Leased Three-Unit Triplex

61 Douglas Avenue, Providence, RI 02908

$550,000

3,552 sqft 0.07 AC lot

Three occupied residential units with a full unfinished basement, in-unit separation, and convenient access to area institutions and transportation.

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Updated Duplex with ADU Potential

35 Gray Street, Providence, RI 02909

$509,000

1,872 sqft 0.07 AC lot

Two residential units offer updated finishes, convenient layouts, and possible future ADU space subject to approvals.

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6-Unit Apartment Buildings with Garage

1066 N Main Street, Providence, RI 02906

$1,550,000

1,080 sqft 0.23 AC lot

C-2 zoning, highway access, and a detached garage complement this side-by-side multifamily property.

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Renovated 10-Unit Apartment Building

215 Broadway, Providence, RI 02903

$2,950,000

7,600 sqft

Historic character is paired with updated kitchens, baths, and building systems.

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Duplex with Detached Two-Car Garage

1171 Chalkstone Avenue, Providence, RI 02908

$749,900

2,690 sqft 0.09 AC lot

Two-level duplex pairs preserved architectural details with updated kitchens and bathrooms.

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Updated Duplex with Third-Floor Flex Space

97 Jenkins Street, Providence, RI 02906

$860,000

2,190 sqft 0.07 AC lot

Two-unit layout includes adaptable upper-level space and a private outdoor area.

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13-Unit Brick Apartment Building

110 Benefit Street, Providence, RI 02903

$2,100,000

8,718 sqft 0.14 AC lot

Historic multifamily property with studio and one-bedroom layouts, basement laundry, and off-street parking.

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Ten-Bedroom Duplex

142 Oxford Street, Providence, RI 02905

$699,000

3,303 sqft 0.08 AC lot

Multilevel residential income property with four full bathrooms and substantial living space.

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Mixed-Use Portfolio with Residential Units

1158 1172 N Main and 81 Nashua Street, Providence, RI 02906

$2,675,000

14,000 sqft 0.54 AC lot

Four-lot commercial and residential assemblage with storefronts, apartments, garages, and additional development capacity.

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3-Unit Triplex with Hardwood Floors

271 Union Ave, Providence, RI 02909

$759,900

5,296 sqft

Gas baseboard heating, three full bathrooms, and a recently replaced roof support the property’s residential configuration.

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Updated Four-Unit Multifamily Property

17 Cromwell Street, Providence, RI 02907

$869,000

3,298 sqft 0.09 AC lot

Providence quadplex with refreshed interiors, a finished attic suite, and an unfinished basement for additional utility.

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New Construction Duplex

86 Lynch Street, Providence, RI 02908

$699,900

2,100 sqft 0.07 AC lot

Two residential units feature contemporary interiors, hardwood flooring, stainless steel appliances, and an unfinished basement.

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Four-Unit Multifamily Property

49 Steuben Street, Providence, RI 02909

$995,000

6,080 sqft

Quadplex near downtown amenities, hospitals, universities, shopping, dining, parks, and public transportation.

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Three-Unit Wood-Framed Home

133 Ontario Street, Providence, RI 02907

$699,000

3,057 sqft 0.09 AC lot

Three-unit residential property with a flexible bedroom mix, one vacant unit, and convenient access to I-95.

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Mixed-Use Property With Storefronts

248 Hawkins St, Providence, RI 02904

$889,900

4,500 sqft

Four commercial and residential spaces combine flexible business use with two three-bedroom townhouse-style apartments.

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Leased Triplex with Basement

61 Douglas Avenue, Providence, RI 02908

$599,900

3,552 sqft 0.07 AC lot

Three separately functioning residential units are currently rented, with flexible space for storage and laundry in the basement.

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Mixed-Use Property with Apartments

925 Atwells Avenue, Providence, RI 02909

$725,000

8,573 sqft

Four apartments accompany a walkout basement with potential for additional permitted mixed-use applications, subject to approvals.

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Tenant-Occupied Triplex

101 River Avenue, Providence, RI 02908

$549,900

2,683 sqft 0.09 AC lot

Three residential units are occupied, with updated insulation, windows, and roofing supporting the existing configuration.

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Remodeled 6-Unit Apartment Building

109 Sutton Street, Providence, RI 02903

$1,650,000

4,900 sqft

Remodeled multifamily property with appliance packages, laundry equipment, and on-site parking.

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Two-Family Duplex With Bonus Rooms

981 Smith Street, Providence, RI 02908

$849,900

3,080 sqft 0.12 AC lot

Two residential units provide three bedrooms, one full bath, and an additional flexible room per unit.

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Providence, RI Multifamily Properties Market Trends and Statistics

Explore 403 multifamily properties for sale in Providence, RI, showcased through 403 active listings on our real estate platform. These investment opportunities span a total of 954,116 square feet of properties for sale, with an estimated market value of $292,961,377.

Sale prices for multifamily properties in Providence, RI start at $175,000, averaging $846,709, and reaching up to $6,350,000 — 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

Demographics Overview

Population 287K

Population Growth (5Y) +3.2%

Median Household Income $72,431

College Educated 45.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Providence - 02903	$825.9K
Johnston - 02919	$1.2M
Woonsocket - 02895	$1.2M

Taxes & Financing

Tax Rate (average for all types) 3.73%

Property Tax per SF $21.00 per SF

Tax Rate vs County Average 0.82 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Providence County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Providence fall within the 25,000 to 50,000 square foot range.

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Providence, RI Multifamily Properties for Sale

329 Plainfield Street, Providence, RI 02909

215 Broadway, Providence, RI 02903

45 Carrington Avenue, Providence, RI 02906

1158 1172 N. Main And 81 Nashua St, Providence, RI 02906

61 Douglas Avenue, Providence, RI 02908

35 Gray Street, Providence, RI 02909

1066 N Main Street, Providence, RI 02906

215 Broadway, Providence, RI 02903

1171 Chalkstone Avenue, Providence, RI 02908

97 Jenkins Street, Providence, RI 02906

110 Benefit Street, Providence, RI 02903

142 Oxford Street, Providence, RI 02905

1158 1172 N Main and 81 Nashua Street, Providence, RI 02906

271 Union Ave, Providence, RI 02909

17 Cromwell Street, Providence, RI 02907

86 Lynch Street, Providence, RI 02908

49 Steuben Street, Providence, RI 02909

133 Ontario Street, Providence, RI 02907

248 Hawkins St, Providence, RI 02904

61 Douglas Avenue, Providence, RI 02908

925 Atwells Avenue, Providence, RI 02909

101 River Avenue, Providence, RI 02908

109 Sutton Street, Providence, RI 02903

981 Smith Street, Providence, RI 02908

Providence, RI Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Residential Income

Property Size Breakdown

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