Advertise
    Smithfield, RI
    Multifamily

    Smithfield, RI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Johnston, RI Glocester, RI Scituate, RI North Providence, RI Providence, RI Lincoln, RI Cranston, RI Burrillville, RI
    Three-Level Multifamily Residence
    Updated: Jul 1
    Three-Level Multifamily Residence

    681 Putnam Pike, Smithfield, RI 02828

    $535,000
    2,496 sqft 0.38 AC lot
    Multifamily home built in 1850 with vinyl siding and public sewer service
    Two brand‑new combination boilers installed for heat and hot water
    First‑floor unit features 2 bedrooms and 1 bathroom
    Upper residence spans the entire second and third floors with townhouse‑style layout
    Outdoor living includes a deck, patio, and porch (also noted: screened patio/deck/breezeway)
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    681 Putnam Pike, Smithfield, RI 02828

    View Property Analytics

    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $594K
      Above asking

    • Property Type

      Duplex
      Built 1850
    View Property Analytics
    Historic Two-Family Home
    Updated: Jun 5
    Historic Two-Family Home

    60 Colwell Road, Smithfield, RI 02828

    $499,900
    2,497 sqft 1.84 AC lot
    Historic 2‑family home built in 1830 on a 1.84‑acre corner lot
    1st‑floor unit: 3 bedrooms, 2 fireplaces, large eat‑in kitchen, updated full bath and laundry area
    2nd‑floor unit: 2 bedrooms, updated eat‑in kitchen, sitting room and generous living room
    Multiple fireplaces, wide pine plank flooring, and plaster construction; window A/C units included
    Full walk‑up attic plus a full basement for additional storage
    View details
    Two-Family Residential Income Property
    Two-Family Residential Income Property

    253 Waterman Avenue, Smithfield, RI 02917

    $399,999
    1,879 sqft 0.40 AC lot

    Two-family home on a double lot with an additional included lot, offering straightforward owner-occupant or rental use.

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Smithfield, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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 Income Home
    Two-Family Residential Income Home

    1915 Smith Street, North Providence, RI 02911

    $589,900
    2,108 sqft 0.14 AC lot

    Two separate units with month-to-month tenants, offering flexible living setups and outdoor yard space.

    View details
    Four-Ranch Quadplex for Rehab
    Four-Ranch Quadplex for Rehab

    8 Buona Vista Avenue, Johnston, RI 02919

    $459,900
    3,708 sqft 0.66 AC lot

    Investor quadplex on one lot, comprising four separate ranch units with an 8-bedroom septic approval.

    View details
    Triplex with Ample Parking
    Triplex with Ample Parking

    4 Edna Street, Johnston, RI 02919

    $470,000
    3,200 sqft 0.13 AC lot

    Good-condition triplex featuring a yard and ample parking, with living space distributed across three units.

    View details
    Turnkey Mixed-Use Property
    Turnkey Mixed-Use Property

    15 Thomas St, North Providence, RI 02911

    $1,490,000

    Mixed-use property with multiple income streams in North Providence.

    View details

    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.

    Two-Family Home with Detached Garage
    Two-Family Home with Detached Garage

    39 Halsey Avenue, Southampton, NY 11968

    $2,300,000
    0.33 AC lot

    Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

    View details
    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

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

    View details
    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

    View details
    No-Zoning Land with Sand Deposits
    No-Zoning Land with Sand Deposits

    lovejoy brook Road, Canaan, NH 03784

    $1,900,000
    201.00 AC lot

    Large Canaan acreage offering no-zoning flexibility and sand and gravel deposits for a variety of development concepts.

    View details

    Off-Market Properties in Smithfield, RI

    Consider similar Off-Market properties in Smithfield, RI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    230 George Washington Hwy
    Amusement parks

    230 George Washington Hwy, Smithfield, RI 02917

    Value Estimation by Request
    View details

    Smithfield, RI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Smithfield, RI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,872 square feet of properties for sale, with an estimated market value of $1,434,899.

    Sale prices for multifamily properties in Smithfield, RI start at $399,999, averaging $478,299, and reaching up to $535,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3

    Demographics Overview

    Population 15K
    Population Growth (5Y) +9.2%
    Median Household Income $106,772
    College Educated 54.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Greenville $499.9K
    Smithfield $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.76%
    Property Tax per SF $38.94 per SF
    Tax Rate vs County Average 1.02 pp below 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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Smithfield, RI

    Popular Searches in Smithfield, RI

    Popular Categories

    Most Searched ZIP Codes in Smithfield, RI

    • 02828
    • 02917

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!