Multi Family Investment Properties for Sale in East Providence, RI
Fix & Flip
Rental Income
Listed for sale 6 days ago
$ 350,000
ROI
23.7
Cash Flow/m
385- 5 Bed
- 2 Bath
- 2418 sft
110 Merrill St, East Providence, RI, 02914
$ 431,000
ROI
20.3Cash Flow/m
69- 3 Bed
- 2 Bath
- 1882 sft
60 Martin St, East Providence, RI, 02914
Rental Income
$ 369,900
ROI
29.7Cash Flow/m
1022- 3 Bed
- 2 Bath
- 1582 sft
7 Oakley St, East Providence, RI, 02914
or
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ROI
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9.4- 2 Bed
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- 932 sft
14 Gooseberry Hl, Charlestown, RI, 02813
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9.2Gross Rent Yield
9.4- 2 Bed
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73.5Cash Flow/m
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(21.2)Gross Rent Yield
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25.1Cash Flow/m
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25 Bayview Park, Middletown, RI, 02842
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76.2Cash Flow/m
1572- - Bed
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$ 105,000
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24.3Cash Flow/m
134- 2 Bed
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31 Alfa Dr, Pawtucket, RI, 02860
$ 109,000
ROI
2.2Gross Rent Yield
9.6- 2 Bed
- 1 Bath
- 720 sft
11 East Dr, Rumford, RI, 02916
$ 109,000
ROI
-Cash Flow/m
-- - Bed
- - Bath
- - sft
0 Merrill Ct, Woonsocket, RI, 02895
$ 109,900
ROI
4.6Gross Rent Yield
9.3- 2 Bed
- 1 Bath
- 840 sft
6 1st St, Portsmouth, RI, 02871
$ 110,000
ROI
6.2Gross Rent Yield
9.0- 2 Bed
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979 Tollgate Rd #8, Warwick, RI, 02886
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17.8Gross Rent Yield
9.5- 2 Bed
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$ 119,000
ROI
12.9Gross Rent Yield
9.4- - Bed
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265 Sayles Ave Unit 8, Pascoag, RI, 02859
$ 119,000
ROI
-Cash Flow/m
-- 3 Bed
- 1 Bath
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10 Woodridge Dr, Burrillville, RI, 02839
Fix & Flip
$ 119,000
ROI
33.8Cash Flow/m
466- 4 Bed
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72 Jefferson St, Tiverton, RI, 02878
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ROI
-Cash Flow/m
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ROI
16.5Gross Rent Yield
9.0- 1 Bed
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84 Tell St #8A, Providence, RI, 02909
$ 124,999
ROI
23.9Cash Flow/m
145- 1 Bed
- 1 Bath
- 600 sft
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$ 125,000
ROI
24.1Cash Flow/m
150- 1 Bed
- 1 Bath
- 288 sft
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$ 129,000
ROI
20.9Cash Flow/m
42- 2 Bed
- 1 Bath
- 675 sft
13 Newberry Ln, Hope Valley, RI, 02832
$ 129,500
ROI
19.3Gross Rent Yield
9.6- - Bed
- 1 Bath
- 360 sft
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$ 129,900
ROI
18.9Gross Rent Yield
9.1- 1 Bed
- 1 Bath
- 416 sft
444 Woodward Rd APT 50, North Providence, RI, 02904
Listed for sale 7 days ago
$ 134,900
ROI
7.3Gross Rent Yield
9.3- 2 Bed
- 2 Bath
- 744 sft
27-4 Woodward Rd, Lincoln, RI, 02865
$ 134,900
ROI
71.9Cash Flow/m
1956- - Bed
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- - sft
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Why Invest in East Providence, Rhode Island?
Multi-family properties in East Providence, RI offer strong investment potential with competitive cap rates around 6-7%. Rental yields average 5.5%, supported by steady appreciation of 8% annually. High renter occupancy at 45% ensures reliable cash flow, averaging $1,200 monthly per unit. Proximity to Providence drives demand from commuters and workforce growth. Low vacancy and quick sales make it ideal for passive income investors.
8.5%
Avg. ROI
5.5%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
8%
1Y Appreciation
Frequently Asked Questions
Cap rates for multi-family properties average 6.5%, driven by strong rental demand and limited supply. This supports steady returns for investors. Data aligns with regional housing trends.
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