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    Tiverton, RI
    Quadplex

    Tiverton, RI Quadplexes for Sale

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    Portsmouth, RI Fall River, MA Middletown, RI Bristol, RI Westport, MA Somerset, MA Little Compton, RI Warren, RI
    Three-Building Mixed-Use Income Property
    Updated: May 6, 2024
    Three-Building Mixed-Use Income Property

    28-30-32 Main Road, Tiverton, RI 02878

    $1,400,000
    13,233 sqft
    Three income‑producing buildings: 28–32 Main Rd, 36 Main Rd, and 27 Rock St (built in 1900).
    28–32 Main Rd includes 4 residential units totaling 4,270 SF plus 2 retail storefront units totaling 1,522 SF.
    36 Main Rd features a 2,748 SF storefront that could be split into two units, plus back storage and a bathroom.
    36 Main Rd also includes two garage units totaling 2,457 SF behind the storefront section.
    27 Rock St has three garage units and an office loft area above; each floor offers 1,118 SF.
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    This listing looks promising.

    Here's a quick look at some key insights for

    28-30-32 Main Road, Tiverton, RI, RI 02878

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $127K
      Annual

    • Price @ 7% Cap

      $1.81M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Tiverton, 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.

    Turnkey Fully Renovated Quadplex
    Turnkey Fully Renovated Quadplex

    539-541 North Front Street, New Bedford, MA 02745

    $899,000
    4,118 sqft

    Fully gut-renovated quadplex with four rental units, updated kitchens and baths, and five off-street parking spaces.

    View details
    Four-Family Residential Income Property
    Four-Family Residential Income Property

    72 Tower Street, Fall River, MA 02724

    $749,900
    3,050 sqft

    Well-maintained 4-unit property with turn-key units, ample off-street parking, and a detached garage with workshop space.

    View details
    4-Unit Residential Income Property
    4-Unit Residential Income Property

    731 Bay St, Fall River, MA 02724

    $529,000
    2,239 sqft

    Income-producing property with three 1-bedroom units and one 2-bedroom unit currently vacant, plus ample off-street parking.

    View details
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    199-203 Austin St, New Bedford, MA 02740

    $649,900

    Well-maintained four-unit property with off-street parking and a fully fenced green backyard.

    View details

    Tiverton, RI Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Tiverton, RI on our real estate platform. These investment opportunities span a total of 13,233 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for four-unit buildings in Tiverton, RI average $1,400,000 — 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

    Apartment buildings 7
    Duplexes 6
    Triplexes 4
    Quadplexes 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) +2.8%
    Median Household Income $99,542
    College Educated 53.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02878 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $20.70 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

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