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    Block Island, RI Residential Income Properties for Sale

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    Charlestown, RI Narragansett, RI South Kingstown, RI
    Block Island Mixed-Use Investment
    $3,775,000
    3,859 SF
    Block Island Mixed-Use Investment

    442 Dodge Street, Block Island, RI 02807

    Prime commercial and residential property in downtown Block Island.
    • Prime location at the iconic four‑corner intersection of Bridgegate Square in downtown Block Island, RI.
    • Mixed‑use property with commercial storefronts and residential apartments, offering diverse income streams.
    • High foot‑traffic location ensures excellent visibility and accessibility for tenants.
    • Turnkey investment with established, long‑term commercial tenants already in place.
    • Proximity to beach, ferry, shops, and restaurants enhances tenant appeal.
    Updated: Aug 17, 2025
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    Mixed-Use Property in Block Island
    $2,400,000
    2,088 SF
    Mixed-Use Property in Block Island

    454 Ocean Avenue, Block Island, RI 02807

    Mixed-use property in a desirable location with flexible commercial space.
    • Prime location between Old Harbor and New Harbor with high foot traffic.
    • Flexible service commercial zoning allows for various business or residential uses.
    • Brand‑new, turnkey 2‑bedroom apartment with modern finishes and water views.
    • First‑floor commercial space ready for customization (coffee shop, retail, restaurant, etc.).
    • Rare 8+ on‑site parking spaces.
    Updated: Oct 4, 2025
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    Block Island Mixed-Use Investment
    $3,775,000
    3,859 SF
    Block Island Mixed-Use Investment

    Prime commercial and residential property in downtown Block Island.

    442 Dodge, Block Island, RI 2807

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    Block Island Mixed-Use Investment
    $3,775,000
    Block Island Mixed-Use Investment

    Prime mixed-use property in Block Island's vibrant downtown.

    442 Dodge Street, Block Island, RI 2807

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Block Island, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Narragansett Duplex with Water Views
    $1,495,000
    2,358 SF
    Narragansett Duplex with Water Views

    Coastal duplex in Narragansett, walking distance to the ocean.

    6 MacAlder Street, Narragansett, RI 02882

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    Mixed-Use Coastal Property For Sale
    $5,955,000
    11,459 SF
    Mixed-Use Coastal Property For Sale

    Mixed-use property with ocean views and multiple income streams.

    1 Angell Rd, Narragansett, RI 2882

    View details
    Commercial
    $899,000
    13,000 SF
    Commercial

    Mixed-use properties · 13,000 SF

    33 Railroad, Westerly, RI 2891

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    Striking Sears "Alhambra" Home
    $765,000
    Striking Sears "Alhambra" Home

    Distinctive architecture, ideal for owner-occupants or investors.

    166 High Street, Westerly, RI 2891

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    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.

    Block Island Land with Views
    $1,200,000
    0.36 Acres
    Block Island Land with Views

    Residential land near shops, beaches, and restaurants.

    Lot 256-1 High Street, Block Island, RI 02807

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    Ready-to-Build Block Island Acreage
    $1,495,000
    4.57 Acres
    Ready-to-Build Block Island Acreage

    4.57 acre parcel ready for construction on Block Island.

    Lot 194-3 Pilot Hill Road, Block Island, RI 02807

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    Block Island Land Opportunity
    $1,895,000
    1.90 Acres
    Block Island Land Opportunity

    1.9-acre lot with ocean views and septic approval.

    Mohegan Trail, Block Island, RI 02807

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    Block Island Waterfront Land
    $1,800,000
    1.90 Acres
    Block Island Waterfront Land

    Land with ocean views near the historic Southeast Lighthouse.

    Southeast Road, Block Island, RI 02807

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    Block Island, RI Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Block Island, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,806 square feet of properties for sale, with an estimated market value of $9,950,000.

    Sale prices for residential income properties in Block Island, RI start at $2,400,000, averaging $3,316,666, and reaching up to $3,775,000 — 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 1
    Multifamily properties 1

    Demographics Overview

    Population 829
    Median Household Income $72,450
    College Educated 69.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02807 $3.4M

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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