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    Westerly, RI
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    Westerly, RI Multifamily Properties for Sale

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    Triplex with 2-Car Garage
    Updated: Jun 18
    Triplex with 2-Car Garage

    68 Beach Street, Westerly, RI 02891

    $620,900
    3,892 sqft 0.21 AC lot
    3,892‑square‑foot triplex on a 0.21‑acre lot
    Three residential units with separate utilities
    Detached 2‑car garage included
    Tenants in place with month‑to‑month rental arrangements
    Built in 1919 with a basement, porch, and deck
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    This listing looks promising.

    Here's a quick look at some key insights for

    68 Beach Street, Westerly, RI 02891

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $671K
      Above asking

    • Property Type

      Triplex
      Built 1919
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    Vacant Two-Unit Duplex
    Updated: Aug 20
    Vacant Two-Unit Duplex

    11 Maybrey Drive, Westerly, RI 02891

    $549,900
    2,160 sqft 0.28 AC lot
    Two 2‑bedroom, 1‑bath units in a duplex configuration
    2,160 square feet on a 0.28‑acre lot
    Delivered vacant for immediate occupancy planning
    Separate utilities and individual washer and dryer hookups for each unit
    Partially finished lower‑level space and basement
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    Two-Unit Property with Garage
    Two-Unit Property with Garage

    53 Tower Street, Westerly, RI 02891

    $475,000
    1,357 sqft 0.42 AC lot

    Duplex with updated bathrooms, exterior parking, and a two-car garage in Westerly.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    50 N Main Street, Westerly, RI 02808

    $650,000
    3,832 sqft 0.15 AC lot

    Wood-frame property with a deck, forced-air natural-gas heating, and a mix of laminate and ceramic tile flooring.

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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-Unit Residential Income Property
    Two-Unit Residential Income Property

    53 Tower Street, Westerly, RI 02891

    $475,000
    1,357 sqft

    Built in 1902, this two-unit property offers two 2-bedroom units with updated bathrooms and a two-car garage.

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    Renovated Triplex
    Renovated Triplex

    38 Chester Avenue, Westerly, RI 02891

    $650,000
    2,017 sqft 0.39 AC lot

    Three apartments offer a two-bedroom layout on the first and second floors, plus a one-bedroom third-floor unit.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    50 N Main Street, Westerly, RI 02808

    $650,000
    0.15 AC lot

    Multifamily property with seller-paid heat, electricity, and cable service.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    11 Maple Avenue, Westerly, RI 02891

    $560,000
    2,898 sqft

    Historic two-family home with six bedrooms, three bathrooms, hardwood floors, and a private yard.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Westerly, 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.

    Water-View Triplex
    Water-View Triplex

    5443 Post Road, Charlestown, RI 02813

    $1,450,000
    3,560 sqft 1.59 AC lot

    Three separate apartments with decks, a patio, full basement, and attached garage on a wooded residential parcel.

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    Three-Unit Ocean View Triplex
    Three-Unit Ocean View Triplex

    5443 Post Road, Charlestown, RI 02813

    $1,450,000

    Three separate residential units with decks, circular driveway parking, and ocean and salt pond views.

    View details
    Turnkey Hotel Property with Rooftop Pool
    Turnkey Hotel Property with Rooftop Pool

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    4,002 sqft 0.18 AC lot

    Turnkey hotel property in the LS-5 zone, 0.1 miles from Mystic Amtrak Station, with centralized zoned climate and rooftop pool amenities.

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    Hotel with Rooftop Pool and Lounge
    Hotel with Rooftop Pool and Lounge

    32 Broadway Avenue, Stonington, CT 06378

    $5,050,000
    0.18 AC lot

    Modern hotel with rooftop sun lounge, dip pool, and off-street parking for 10–13 cars.

    View details

    Westerly, RI Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Westerly, RI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 17,513 square feet of properties for sale, with an estimated market value of $4,630,800.

    Sale prices for multifamily properties in Westerly, RI start at $475,000, averaging $578,850, and reaching up to $650,000 — 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 3
    Triplexes 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +2.9%
    Median Household Income $90,435
    College Educated 59.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02891 $575.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $13.06 per SF
    Tax Rate vs County Average 0.23 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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