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    Narragansett, RI Residential Income Properties for Sale

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    North Kingstown, RI South Kingstown, RI Exeter, RI
    Renovated Duplex in Narragansett Pier
    $999,900
    1,728 SF
    Renovated Duplex in Narragansett Pier

    194 S Pier Road, Narragansett, RI 02882

    Updated duplex near the ocean with investment potential.
    • Side‑by‑side two‑family duplex in Narragansett Pier, built in 1960
    • Both one‑level units have been completely updated with new kitchens and bathrooms
    • Newly installed central air systems for both units
    • Private laundry in each unit; includes appliances such as dishwasher, washer, dryer, oven/range, and refrigerator
    • Heating includes oil forced air; cooling is central air
    Updated: May 19
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    Mixed-Use Coastal Property For Sale
    $5,995,000
    0.30 Acres
    Mixed-Use Coastal Property For Sale

    1 Angell Road, Narragansett, RI 02882

    Rare mixed-use property with ocean views and multiple income streams.
    • Directly across from Scarborough State Beach with sweeping ocean views.
    • Multiple income streams from Airbnb units, apartments, restaurants, and retail spaces.
    • Two recently renovated, high‑performing Airbnb units.
    • Prime location benefits from strong seasonal and year‑round traffic.
    • Mixed‑use coastal property in a sought‑after beach location.
    Updated: Mar 17
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    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

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Narragansett, 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.

    Two-Family Residential Property
    $7,200,000
    3,400 SF
    Two-Family Residential Property

    Two-family lot offering a three-bedroom main residence and a separate two-bedroom rental cottage in Newport.

    18 Ledge Road, Newport, RI 02840

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    Steel Commercial Building with Radiant Heat
    $850,000
    0.43 Acres
    Steel Commercial Building with Radiant Heat

    Zoned CN property combining a maintained home with a 30x50 steel commercial building for flexible business, workshop, or storage use.

    15 Kardway Street, South Kingstown, RI 02879

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    Renovated Mixed-Use Waterfront Building
    $3,250,000
    4,800 SF
    Renovated Mixed-Use Waterfront Building

    High-visibility Newport property with short-term rentals and retail spaces.

    491 Thames Street, Newport, RI 02840

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    Mixed-Use Property Near URI Emporium
    $2,900,000
    8,590 SF
    Mixed-Use Property Near URI Emporium

    Mixed-use property with retail and residential units near URI.

    100 Fortin Street, South Kingstown, RI 02881

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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.

    Narragansett Land with Development Potential
    $550,000
    1.60 Acres
    Narragansett Land with Development Potential

    Rare 1.6-acre land opportunity with existing structures in Narragansett.

    576 Point Judith Road, Narragansett, RI 02882

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    Narragansett Land Near the Beach
    $549,900
    1.43 Acres
    Narragansett Land Near the Beach

    1.43-acre lot near Narragansett Beach with building plans available.

    Blossom Way, Narragansett, RI 02882

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    South Kingstown Land Opportunity
    $499,000
    8.45 Acres
    South Kingstown Land Opportunity

    8.44-acre lot in a desirable South Kingstown location.

    South Rd, South Kingstown, RI 02879

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    South Kingstown Commercial Development Opportunity
    $1,495,000
    0.58 Acres
    South Kingstown Commercial Development Opportunity

    Three lots for sale near the University of Rhode Island.

    1907 Kingstown Road, South Kingstown, RI 02879

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    Narragansett, RI Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Narragansett, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,545 square feet of properties for sale, with an estimated market value of $8,449,900.

    Sale prices for residential income properties in Narragansett, RI start at $999,900, averaging $2,816,633, and reaching up to $5,955,000 — 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 4
    Duplexes 2
    Short term rental properties 2

    Demographics Overview

    Population 36K
    Population Growth (5Y) +1.7%
    Median Household Income $108,536
    College Educated 89.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02882 $3.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.20%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.04 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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