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    Smithfield, RI Multifamily Properties for Sale

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    Two-Unit Mixed-Use Duplex
    Updated: Jul 1
    Two-Unit Mixed-Use Duplex

    681 Putnam Pike, Smithfield, RI 02828

    $519,000
    2,496 sqft 0.38 AC lot
    Two‑unit duplex with a first‑floor two‑bedroom, one‑bath apartment
    Second‑floor residence spans the second and third floors in a townhouse‑style layout
    Mixed‑use zoning
    2496 square feet on a 0.38‑acre lot
    Two brand‑new combination boilers
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    This listing looks promising.

    Here's a quick look at some key insights for

    681 Putnam Pike, Smithfield, RI 02828

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $594K
      Above asking

    • Property Type

      Duplex
      Built 1850
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    Multi-Family Townhome-Style Duplex
    Updated: Jul 1
    Multi-Family Townhome-Style Duplex

    681 Putnam Pike, Smithfield, RI 02828

    $519,000
    2,496 sqft
    Year built 1850
    Three‑floor duplex with a two‑bedroom, one‑bath unit on the first floor
    Second and third floors provide townhouse‑style living as the primary residence
    Two brand‑new combination boilers installed
    Oversized lot
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    Two-Unit Duplex with Acreage
    Two-Unit Duplex with Acreage

    60 Colwell Road, Smithfield, RI 02828

    $499,900
    1.84 AC lot

    Two residential units include updated kitchens, fireplaces, laundry, and substantial storage on a corner parcel.

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    Side-by-Side Duplex with River Access
    Side-by-Side Duplex with River Access

    330 Waterman Avenue, Smithfield, RI 02917

    $495,000
    2,080 sqft

    Two matching residences offer flexible ownership, private laundry, garage storage, and a fenced backyard adjoining the river.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Family Duplex
    Two-Family Duplex

    253 Waterman Avenue, Smithfield, RI 02917

    $418,000

    The property features baseboard heat, gas service, and a gas water heater.

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    94-Unit Apartment Portfolio
    94-Unit Apartment Portfolio

    44 Austin Avenue, Smithfield, RI 02828

    Contact for pricing

    Two Rhode Island apartment properties offer 94 rental units across North Providence and Smithfield.

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    5-Bedroom Duplex with Large Yard
    5-Bedroom Duplex with Large Yard

    316 Mountaindale Road, Smithfield, RI 02917

    Contact for pricing

    Two-family residence with separate utilities and flexible current single-family use.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 7 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

    Opportunities in Nearby Cities

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

    Townhouse-Style Duplex
    Townhouse-Style Duplex

    14 S Larchmont St, North Providence, RI 02911

    $599,000
    2,432 sqft

    Side-by-side residential income property with convenient highway access in North Providence.

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    Triplex with Detached Garage
    Triplex with Detached Garage

    339 Waterman Avenue, East, Providence, RI 02914

    $619,000
    0.25 AC lot

    Three residential units provide two-bedroom layouts, outdoor space, and convenient access to shopping, dining, schools, and major highways.

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    Side-by-Side Duplex with Hardwood Floors
    Side-by-Side Duplex with Hardwood Floors

    2 Beckside Road, North, Providence, RI 02911

    $549,000

    Two three-bedroom units offer residential-style layouts, updated interiors, and distinct additional features on each side.

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    Townhouse-Style Duplex
    Townhouse-Style Duplex

    14 South Larchmont Avenue, North Providence, RI 02911

    $599,000

    Side-by-side residential units are positioned near local amenities and highway access.

    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 8 multifamily properties for sale in Smithfield, RI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 7,072 square feet of properties for sale, with an estimated market value of $2,450,900.

    Sale prices for multifamily properties in Smithfield, RI start at $418,000, averaging $490,180, and reaching up to $519,000 — 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
    Triplexes 1

    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 - 02828 $523.3K
    Smithfield - 02917 $675K

    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)

    Average Property Price per SF

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

    Office

    Residential Income

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    Most Searched ZIP Codes in Smithfield, RI

    • 02828
    • 02917

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