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    Providence, RI
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    Providence, RI Residential Income Properties for Sale

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    Brand-New Two-Family Residence
    Updated: Jun 26
    Brand-New Two-Family Residence

    39 Douglas Avenue, Providence, RI 02908

    $689,900
    3,600 sqft 0.07 AC lot
    Brand‑new two‑family home built in 2025 with each unit featuring 3 bedrooms and 2 bathrooms
    Central air and natural gas forced‑air heating
    Kitchen appliances include gas water heater, dishwasher, microwave, oven/range, and refrigerator
    Porch, vinyl siding exterior, and tile‑ceramic and laminate flooring
    Basement includes a potential ADU with high ceilings and egress windows
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    This listing looks promising.

    Here's a quick look at some key insights for

    39 Douglas Avenue, Providence, RI 02908

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $61K
      Annual

    • Price @ 7% Cap

      $868K
      Above asking
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    New Quadplex with Spacious Townhouse-Style Units
    Updated: Jun 10
    New Quadplex with Spacious Townhouse-Style Units

    872 Branch Avenue, Providence, RI 02904

    $1,160,000
    5,472 sqft 0.15 AC lot
    Newer construction built in 2023
    4‑unit property with each unit offering 3 bedrooms and 1.5 bathrooms
    Central heating and central air with natural gas
    Ceramic tile and hardwood flooring
    Each unit includes an enormous basement for extra storage
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    Remodeled Two-Family Residence
    Remodeled Two-Family Residence

    46 Ponagansett Avenue, Providence, RI 02909

    $559,000
    2,152 sqft 0.10 AC lot

    Remodeled two-family home with two 2-bedroom units, separate utilities, off-street parking, and a private backyard.

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    Oversized Two-Family Residence
    Oversized Two-Family Residence

    981 Smith Street, Providence, RI 02908

    $899,900
    3,080 sqft 0.12 AC lot

    Oversized two-family with two 3-bedroom units, each with a bonus room and off-street parking.

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    Two-Family Townhouse-Style Duplex
    Two-Family Townhouse-Style Duplex

    241 Pleasant Street, Providence, RI 02906

    $895,000
    4,662 sqft

    Updated two-family featuring a maintained first-floor apartment and a two-level townhouse-style second unit with in-unit laundry.

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    Elmhurst/PC Area Multi-Family Home
    Elmhurst/PC Area Multi-Family Home

    72 Academy Avenue, Providence, RI 02908

    $625,000
    4,696 sqft 0.07 AC lot

    Well-maintained 3-family home in desirable Providence location.

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    Renovated Three-Unit Brick Triplex
    Renovated Three-Unit Brick Triplex

    15 Judith Street, Providence, RI 02909

    $574,999
    3,587 sqft 0.09 AC lot

    Renovated triplex with three separate units, separate utilities, and updated systems, now fully vacant and ready for occupancy.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    38 Mitchell Street, Providence, RI 02907

    $782,000
    3,474 sqft 0.06 AC lot

    Three-family corner-lot building with recently updated units, central air on the upper unit, and parking for tenants.

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    Two-Unit Gothic Revival Duplex
    Two-Unit Gothic Revival Duplex

    118 Williams Street, Providence, RI 02906

    $1,783,000
    4,167 sqft

    Circa 1844 two-family property with recently renovated kitchens and bathrooms, in-unit laundry, and separate utilities.

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    Well-Maintained Two-Family Residence
    Well-Maintained Two-Family Residence

    243 Killingly Street, Providence, RI 02909

    $624,999
    5,840 sqft 0.13 AC lot

    Two-family residence with spacious units and off-street parking in Providence’s R-1 zoning.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    792 Atwells Avenue, Providence, RI 02909

    $935,000
    3,284 sqft 0.22 AC lot

    Three residential units with additional basement apartments provide multiple income-producing configurations.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    33 Stadden Street, Providence, RI 02907

    $639,000
    4,320 sqft

    This updated two-unit duplex includes a 2-bedroom, 1-bath first-floor apartment and a 3-bedroom, 1.5-bath two-floor apartment.

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    Four-Unit Multifamily Residence
    Four-Unit Multifamily Residence

    53 Fairmount Avenue, Providence, RI 02908

    $649,900
    2,340 sqft 0.07 AC lot

    Well-maintained fourplex offers two 1-bedroom and two 3-bedroom units with off-street parking.

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    Side-by-Side Duplex with Fenced Yard
    Side-by-Side Duplex with Fenced Yard

    98 Oakland Avenue, Providence, RI 02908

    $769,900
    3,842 sqft 0.10 AC lot

    Built in 2009, this tenant-occupied duplex offers central heat/AC, separate utilities, and finished basements.

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    Mixed-Use Retail and Townhome Property
    Mixed-Use Retail and Townhome Property

    248 Hawkins Street, Providence, RI 02904

    $889,900
    4,500 sqft

    Extensively renovated mixed-use building with two ground-floor storefronts and two townhouse-style apartments above.

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    Updated Two-Family Residence
    Updated Two-Family Residence

    346 Douglas Avenue, Providence, RI 02908

    $549,900
    1,704 sqft 0.05 AC lot

    Two updated 2-bedroom, 1-bath units offer flexible ownership with income potential and low exterior maintenance.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    61 Douglas Avenue, Providence, RI 02908

    $650,000
    3,552 sqft 0.07 AC lot

    Well-maintained three-family home with three spacious units and a full unfinished basement for storage and laundry convenience.

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    Side-by-Side Duplex Investment
    Side-by-Side Duplex Investment

    85 Congdon Street, Providence, RI 02906

    $2,150,000
    5,500 sqft

    Side-by-side duplex with updated kitchens and bathrooms, private outdoor space, and separate utilities.

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    Two-Building Multifamily Investment
    Two-Building Multifamily Investment

    156 Bridgham Street, Providence, RI 02909

    $1,200,000
    6,457 sqft 0.14 AC lot

    Two buildings on one lot include a 3-family and a tenant-occupied single-family home with off-street parking.

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    Renovated Triplex with Off-Street Parking
    Renovated Triplex with Off-Street Parking

    123 Laban Street, Providence, RI 02909

    $675,000
    2,322 sqft

    Triplex in Providence with recently renovated second and third floors, new exterior updates, and off-street parking.

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    Updated Two-Family Home
    Updated Two-Family Home

    35 Gray Street, Providence, RI 02909

    $549,900
    1,872 sqft 0.07 AC lot

    Fully updated two-family residence with off-street parking and recent kitchen, roof, bathroom, and appliance upgrades.

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    Well-Maintained Multifamily Triplex
    Well-Maintained Multifamily Triplex

    73 Beacon Avenue, Providence, RI 02903

    $599,000
    2,316 sqft

    Well-maintained Lockwood triplex with separate utilities, hardwoods, and a loft-style third unit.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    54 Barton Street, Providence, RI 02909

    $795,000
    2,686 sqft

    Well-maintained three-story legal three-family with separate heating systems, replacement windows, and off-street parking.

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

    12 Price Street, Providence, RI 02907

    $649,900
    2,496 sqft 0.05 AC lot

    Newly built two-unit property with certificate of occupancy, in-unit layouts, and shared basement laundry hookups.

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    Providence, RI Residential Income Properties Market Trends and Statistics

    Explore 227 residential income properties for sale in Providence, RI, showcased through 227 active listings on our real estate platform. These investment opportunities span a total of 535,518 square feet of properties for sale, with an estimated market value of $128,443,372.

    Sale prices for residential income properties in Providence, RI start at $259,000, averaging $891,967, and reaching up to $6,350,000 — 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 249
    Duplexes 99
    Triplexes 81
    Apartment buildings 45
    Quadplexes 12

    Demographics Overview

    Population 287K
    Population Growth (5Y) +3.2%
    Median Household Income $72,431
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Cranston $674K
    Providence $1M
    Johnston $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.73%
    Property Tax per SF $21.00 per SF
    Tax Rate vs County Average 0.82 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Providence County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Providence fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Providence, RI

    • 02908
    • 02909
    • 02906
    • 02907
    • 02904
    • 02903
    • 02905

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