Multi Family Investment Properties for Sale in Riverside, RI

Property at 88 Washington Ave, Riverside, RI
$ 290,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign586
  • 4 Bed
  • 2 Bath
  • 1804 sft
88 Washington Ave, Riverside, RI, 02915
or
Here are some other similar properties you might be interested in:
Property at 14 Gooseberry Hl, Charlestown, RI
Fix & Flip
$ 100,000
ROI
5.9ROI percentage
Gross Rent Yield
9.4Gross yield percentage
  • 2 Bed
  • 2 Bath
  • 932 sft
14 Gooseberry Hl, Charlestown, RI, 02813
Property at 6101-29 Post Rd, North Kingstown, RI
$ 100,000
ROI
9.2ROI percentage
Gross Rent Yield
9.4Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 600 sft
6101-29 Post Rd, North Kingstown, RI, 02852
Property at 5 Lane #7, Coventry, RI
$ 100,000
ROI
73.5ROI percentage
Cash Flow/m
Dollar sign1496
  • 2 Bed
  • 1 Bath
  • 732 sft
5 Lane #7, Coventry, RI, 02816
Property at 118 Dunns Corner Rd #196, Westerly, RI
$ 100,000
ROI
(21.2)ROI percentage
Gross Rent Yield
9.5Gross yield percentage
  • 1 Bed
  • 1 Bath
  • 800 sft
118 Dunns Corner Rd #196, Westerly, RI, 02891
Property at 25 Bayview Park, Middletown, RI
$ 100,000
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign149
  • 2 Bed
  • 1 Bath
  • 924 sft
25 Bayview Park, Middletown, RI, 02842
Property at 0 Walling Rd, Harrisville, RI
$ 100,000
ROI
76.2ROI percentage
Cash Flow/m
Dollar sign1572
  • - Bed
  • - Bath
  • - sft
0 Walling Rd, Harrisville, RI, 02830
Property at 31 Alfa Dr, Pawtucket, RI
$ 105,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign134
  • 2 Bed
  • 1 Bath
  • 672 sft
31 Alfa Dr, Pawtucket, RI, 02860
Property at 11 East Dr, Rumford, RI
$ 109,000
ROI
2.2ROI percentage
Gross Rent Yield
9.6Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 720 sft
11 East Dr, Rumford, RI, 02916
Property at 0 Merrill Ct, Woonsocket, RI
$ 109,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • - Bed
  • - Bath
  • - sft
0 Merrill Ct, Woonsocket, RI, 02895
Property at 6 1st St, Portsmouth, RI
$ 109,900
ROI
4.6ROI percentage
Gross Rent Yield
9.3Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 840 sft
6 1st St, Portsmouth, RI, 02871
Property at 979 Tollgate Rd #8, Warwick, RI
$ 110,000
ROI
6.2ROI percentage
Gross Rent Yield
9.0Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 732 sft
979 Tollgate Rd #8, Warwick, RI, 02886
Property at 443 Dyer Ave Trailer 10, Cranston, RI
$ 119,000
ROI
17.8ROI percentage
Gross Rent Yield
9.5Gross yield percentage
  • 2 Bed
  • 1 Bath
  • 850 sft
443 Dyer Ave Trailer 10, Cranston, RI, 02920
Property at 265 Sayles Ave Unit 8, Pascoag, RI
$ 119,000
ROI
12.9ROI percentage
Gross Rent Yield
9.4Gross yield percentage
  • - Bed
  • 1 Bath
  • 245 sft
265 Sayles Ave Unit 8, Pascoag, RI, 02859
Property at 10 Woodridge Dr, Burrillville, RI
$ 119,000
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • 3 Bed
  • 1 Bath
  • 1188 sft
10 Woodridge Dr, Burrillville, RI, 02839
Property at 72 Jefferson St, Tiverton, RI
Fix & Flip
$ 119,000
ROI
33.8ROI percentage
Cash Flow/m
Dollar sign466
  • 4 Bed
  • 2 Bath
  • 1420 sft
72 Jefferson St, Tiverton, RI, 02878
Property at 0 Christina Way, North Smithfield, RI
$ 119,900
ROI
-ROI percentage
Cash Flow/m
Dollar sign-
  • - Bed
  • - Bath
  • - sft
0 Christina Way, North Smithfield, RI, 02896
Property at 84 Tell St #8A, Providence, RI
Fix & Flip
$ 120,000
ROI
17.3ROI percentage
Gross Rent Yield
9.3Gross yield percentage
  • 1 Bed
  • 1 Bath
  • 558 sft
84 Tell St #8A, Providence, RI, 02909
Property at 3980 Diamond Hill Rd Trailer 4, Cumberland, RI
$ 124,999
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign145
  • 1 Bed
  • 1 Bath
  • 600 sft
3980 Diamond Hill Rd Trailer 4, Cumberland, RI, 02864
Property at 854 Matunuck Beach Rd Unit 96, South Kingstown, RI
$ 125,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign150
  • 1 Bed
  • 1 Bath
  • 288 sft
854 Matunuck Beach Rd Unit 96, South Kingstown, RI, 02879
Property at 13 Newberry Ln, Hope Valley, RI
$ 129,000
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign42
  • 2 Bed
  • 1 Bath
  • 675 sft
13 Newberry Ln, Hope Valley, RI, 02832
Property at 94 Cowesett Ave APT 30, West Warwick, RI
$ 129,500
ROI
19.3ROI percentage
Gross Rent Yield
9.6Gross yield percentage
  • - Bed
  • 1 Bath
  • 360 sft
94 Cowesett Ave APT 30, West Warwick, RI, 02893
Property at 444 Woodward Rd APT 50, North Providence, RI
$ 129,900
ROI
18.9ROI percentage
Gross Rent Yield
9.1Gross yield percentage
  • 1 Bed
  • 1 Bath
  • 416 sft
444 Woodward Rd APT 50, North Providence, RI, 02904
Property at 27-4 Woodward Rd, Lincoln, RI
Listed for sale 7 days ago
$ 134,900
ROI
7.1ROI percentage
Gross Rent Yield
9.2Gross yield percentage
  • 2 Bed
  • 2 Bath
  • 744 sft
27-4 Woodward Rd, Lincoln, RI, 02865
Property at 0 Jackson Ave, Johnston, RI
$ 134,900
ROI
71.9ROI percentage
Cash Flow/m
Dollar sign1956
  • - Bed
  • - Bath
  • - sft
0 Jackson Ave, Johnston, RI, 02919

Why Invest in Riverside, Rhode Island?

Multi-family properties in Riverside, RI, offer strong cash flow potential due to consistent rental demand from commuters and local workers. Proximity to Providence drives tenant stability while affordable acquisition costs support high yields. Recent state-wide multifamily median prices rose 2.9% to $580,000, reflecting sustained appreciation amid low inventory. Renter-occupied rates remain elevated, bolstered by employment in nearby healthcare and education sectors. Investors benefit from Rhode Island's housing supply shortage, creating opportunities for long-term value growth.

9.5%
Avg. ROI
8.5%
Rental Yield
7.2%
Cap Rate
$1250/mo
Avg. Cash Flow
$1721/mo
Avg. Rent
5.2%
1Y Appreciation

Frequently Asked Questions

Riverside offers strong rental yields from commuter demand and proximity to Providence jobs. Low inventory statewide supports appreciation. Multi-family sales rose 6.6% with median prices at $580,000.

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