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    Coventry, RI
    Residential Income

    Coventry, RI Residential Income Properties for Sale

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    Riverfront Restaurant and Bar with Apartments
    Updated: Mar 9
    Riverfront Restaurant and Bar with Apartments

    1152 Main Street, Coventry, RI 02816

    $650,000
    4,052 sqft 0.11 AC lot
    Up to 85 guest seats in the riverfront restaurant and bar with indoor and outdoor bars
    Spacious deck overlooking the river, plus a fireplace
    Two leased apartments: second‑floor two‑bedroom with walk‑in closet; third‑floor one‑bedroom with in‑unit washer and dryer
    Cooling includes window unit(s) plus central air; heating includes baseboard with natural gas and electric (heating)
    4,052 square feet on a 0.11‑acre lot; built in 1840
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    This listing looks promising.

    Here's a quick look at some key insights for

    1152 Main Street, Coventry, RI 02816

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $59K
      Annual

    • Price @ 7% Cap

      $841K
      Above asking

    • Last Sold

      Apr 2006
      $295K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1840
    View Property Analytics
    Five-Unit Apartment Building with Two-Bedroom Units
    Updated: Mar 20
    Five-Unit Apartment Building with Two-Bedroom Units

    513 Washington Street, Coventry, RI 02816

    $700,000
    4,488 sqft 0.23 AC lot
    All five units offer two bedrooms in a consistent residential layout
    0.23‑acre site
    4,488 square feet
    Built in 1800
    Vinyl siding exterior with laminate flooring
    View details
    Duplex with Oversized 3-Car Garage
    Duplex with Oversized 3-Car Garage

    195 Town Farm Road, Coventry, RI 02816

    $745,000
    3,033 sqft 2.00 AC lot

    Zoned R2A with an oversized 3-car garage, oil heat, and separate utilities for each unit.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    505 Washington Street, Coventry, RI 02816

    $800,000
    5,222 sqft 0.18 AC lot

    Apartment building with two 1-bedroom and four 2-bedroom units.

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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

    195 Town Farm Road, Coventry, RI 02816

    $745,000
    2.00 AC lot

    Well-maintained two-unit income property with separate utilities and an oversized 3-car garage on 2 acres.

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    Multi-Unit Residential Income Property
    Multi-Unit Residential Income Property

    25 Phillip Street, Coventry, RI 02816

    $499,000
    1,000 sqft 0.40 AC lot

    Two-building package with three units, including a 2-family and a separate single-family home, plus off-street parking.

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    Coventry Multifamily Investment Opportunity
    Coventry Multifamily Investment Opportunity

    505 Washington Street, Coventry, RI 02816

    $800,000

    Well-maintained 6-unit residential property in a convenient location.

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    Coventry Multifamily Investment Opportunity
    Coventry Multifamily Investment Opportunity

    513 Washington Street, Coventry, RI 02816

    $700,000

    Well-maintained 5-unit residential property in Coventry, Rhode Island.

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    Coventry Multifamily Investment Opportunity
    Coventry Multifamily Investment Opportunity

    505 Washington Street, Coventry, RI 02816

    Contact for pricing

    Well-maintained 6-unit residential property in a convenient location.

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    Coventry Multifamily Investment Opportunity
    Coventry Multifamily Investment Opportunity

    513 Washington Street, Coventry, RI 02816

    Contact for pricing

    Well-maintained 5-unit residential property in Coventry, Rhode Island.

    View details
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 10 Active listings in Coventry, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Corner Commercial Building and Duplex
    Corner Commercial Building and Duplex

    1593 Centerville Road, Warwick, RI 02886

    $1,350,000
    6,215 sqft

    Mixed-use corner parcels include a former bar/restaurant, a two-unit residential building, and dedicated parking.

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    Warwick Corner Lot Opportunity
    Warwick Corner Lot Opportunity

    1593 Centerville Road, Warwick, RI 02886

    $1,350,000
    2,034 sqft 0.13 AC lot

    Mixed-use property with restaurant, parking, and residential units.

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    Triplex with Large Lot
    Triplex with Large Lot

    18 West Street, West Warwick, RI 02893

    $500,000
    3,146 sqft 0.58 AC lot

    Three-family home on a sizable lot, built in 1920, with public sewer and natural gas heating.

    View details
    Large Multifamily Property on Buildable Lot
    Large Multifamily Property on Buildable Lot

    18 West Street, West Warwick, RI 02893

    $500,000

    Three-family property with potential for additional development.

    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.

    Planned Development Redevelopment Land
    Planned Development Redevelopment Land

    2 Fairway Drive, Coventry, RI 02816

    $599,900
    36.94 AC lot

    36.94-acre site with open former fairways, wooded buffers, and an existing paved parking area for 30+ vehicles.

    View details
    Residential Land in Johnston, RI
    Residential Land in Johnston, RI

    1835 Plainfield Pike, Johnston, RI 02919

    $2,495,000
    1.77 AC lot

    1.77-acre corner lot zoned residential in Johnston, Rhode Island.

    View details
    Approved Land Parcel in Foster
    Approved Land Parcel in Foster

    61 Howard Hill, Foster, RI 02825

    $175,000
    11.50 AC lot

    11.5-acre approved lot ready for building in Foster, RI.

    View details
    Cleared Lot in Convenient Location
    Cleared Lot in Convenient Location

    66 Ophelia Street, Providence, RI 02909

    $199,900

    Cleared and paved lot with easy highway access near downtown.

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    Off-Market Properties in Coventry, RI

    Consider similar Off-Market properties in Coventry, 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.

    28 Old Summit Rd
    Land

    28 Old Summit Rd, Coventry, RI 02827

    Value Estimation by Request
    6.80 AC lot
    View details
    27 Pilgrim Dr
    Mixed-use properties

    27 Pilgrim Dr, Coventry, RI 02816

    Value Estimation by Request
    View details
    45 Old Flt Riv Rd Old Flt Riv Rd
    Government properties

    45 Old Flt Riv Rd Old Flt Riv Rd, Coventry, RI 02816

    Value Estimation by Request
    View details
    2270 New London Tpke
    Land

    2270 New London Tpke, Coventry, RI 02816

    Value Estimation by Request
    53.88 AC lot
    View details

    Coventry, RI Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Coventry, RI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 17,795 square feet of properties for sale, with an estimated market value of $5,639,000.

    Sale prices for residential income properties in Coventry, RI start at $499,000, averaging $704,875, and reaching up to $800,000 — 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

    Multifamily properties 13
    Apartment buildings 9
    Duplexes 4
    Single family properties 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +9.9%
    Median Household Income $100,485
    College Educated 42.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02816 $761.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.22%
    Property Tax per SF $37.38 per SF
    Tax Rate vs County Average 0.29 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Coventry fall within the 50,000 to 100,000 square foot range.

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