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    Smithfield, RI
    Residential Income

    Smithfield, RI Residential Income Properties for Sale

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    Duplex With Brand-New Combination Boilers
    Updated: Jul 1
    Duplex With Brand-New Combination Boilers

    681 Putnam Pike, Smithfield, RI 02828

    $535,000
    2,496 sqft 0.38 AC lot
    Two brand‑new combination boilers installed
    0.38‑acre lot
    2,496 SF duplex with two‑unit layout
    First‑floor two‑bedroom, one‑bath unit
    Second- and third‑floor primary residence with townhouse‑style layout
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    This listing looks promising.

    Here's a quick look at some key insights for

    681 Putnam Pike, Smithfield, RI 02828

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $42K
      Annual

    • Price @ 7% Cap

      $594K
      Above asking

    • Property Type

      Duplex
      Built 1850
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    Historic Two-Unit Duplex with Walk-Up Attic
    Updated: Jun 5
    Historic Two-Unit Duplex with Walk-Up Attic

    60 Colwell Road, Smithfield, RI 02828

    $499,900
    2,497 sqft 1.84 AC lot
    1.84‑acre corner lot duplex built in 1830
    Two units totaling 2,497 SF
    First‑floor unit: 1,300+ SF with 3 bedrooms and 2 fireplaces
    Second‑floor unit: 1,100+ SF with 2 bedrooms
    Full walk‑up attic plus full basement for storage
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    Multi-Family Townhome-Style Duplex
    Multi-Family Townhome-Style Duplex

    681 Putnam Pike, Smithfield, RI 02828

    $535,000
    2,496 sqft

    Three-floor duplex with a two-bedroom unit on the first floor and townhouse-style living on the second and third floors.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    41 Esmond Street, Smithfield, RI 02917

    $675,000

    Two units each offering 2 bedrooms and 1 bathroom, with a remodeled first floor, newer roof, and ample parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Smithfield, 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.

    Duplex with In-Ground Pool
    Duplex with In-Ground Pool

    189 Danielson Pike, Scituate, RI 02857

    $700,000
    3,509 sqft 0.46 AC lot

    Two-family duplex with central air, hardwood floors, and an in-ground pool on a 0.46-acre lot.

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    Quadplex with Four Ranch Homes
    Quadplex with Four Ranch Homes

    8 Buona Vista Avenue, Johnston, RI 02919

    $459,900
    3,708 sqft 0.66 AC lot

    Four separate ranch units on one lot, requiring complete rehab, with an 8-bedroom septic approval for expansion potential.

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

    4 Edna Street, Johnston, RI 02919

    $470,000
    2,691 sqft

    Three-unit multifamily property in good condition with ample parking and yard.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    189 Danielson Pike, Scituate, RI 02857

    $700,000

    Well-maintained 2-family home with hardwood floors, central air, updated heating, and replacement windows, plus a private backyard with pool.

    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.

    Commercial Corner Development Land
    Commercial Corner Development Land

    61 Harris Road, Smithfield, RI 02917

    $799,000
    2.14 AC lot

    A 2.14-acre commercial corner lot with approved plans for a 5,000+ SF building and mixed-use concept under review.

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    Commercial Land Near I-295
    Commercial Land Near I-295

    61 Harris Road, Smithfield, RI 02917

    $799,000
    2.14 AC lot

    2.14-acre commercial corner with development potential near I-295.

    View details
    Development Opportunity on George Washington Highway
    Development Opportunity on George Washington Highway

    230 George Washington Highway, Smithfield, RI 02917

    $2,750,000

    Pad-ready land with master plan approval for mixed-use development.

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    Residential Land in Scituate, RI
    Residential Land in Scituate, RI

    Rocky Hill Road, Scituate, RI 02857

    $175,000
    5.97 AC lot

    5+ acre residential lot with approved subdivision plans.

    View details

    Off-Market Properties in Smithfield, RI

    Consider similar Off-Market properties in Smithfield, 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.

    Putnam Pike
    Office Spaces

    0 Putnam Pike, Smithfield, RI 02814

    Value Estimation by Request
    View details
    250 George Washington Hwy
    Restaurants

    250 George Washington Hwy, Smithfield, RI 02917

    Value Estimation by Request
    View details
    230 George Washington Hwy
    Amusement parks

    230 George Washington Hwy, Smithfield, RI 02917

    Value Estimation by Request
    View details
    56 Pleasant View Ave
    Office Spaces

    56 Pleasant View Ave, Smithfield, RI 02828

    Value Estimation by Request
    View details

    Smithfield, RI Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Smithfield, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,489 square feet of properties for sale, with an estimated market value of $2,244,900.

    Sale prices for residential income properties in Smithfield, RI start at $499,900, averaging $561,225, and reaching up to $675,000 — 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 4
    Multifamily properties 4

    Demographics Overview

    Population 15K
    Population Growth (5Y) +9.2%
    Median Household Income $106,772
    College Educated 54.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Greenville $523.3K
    Smithfield $675K

    Taxes & Financing

    Tax Rate (average for all types) 1.76%
    Property Tax per SF $38.94 per SF
    Tax Rate vs County Average 1.02 pp below 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)

    Average Property Price per SF

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

    Residential Income

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    Most Searched ZIP Codes in Smithfield, RI

    • 02828
    • 02917

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