Multi-Family Homes for Sale in Rhode Island

MLS Number 1285764

• Multi Family
• MlsStatus Active
• Bedrooms 16
• Water View

PRIVATE RETREAT: For those seeking sprawling meadows, ocean views, and coveted seclusion, this historic property is a must-see. 17 acres of island landscape greet you with three charming homes, a four-car garage, and an outbuilding. Each home pairs historic charm with modern functionality. The largest home, affectionately called “The Parsonage”, sits on one of the highest points of Block Island with views of the Beacon Tower from the top floor- a rarity! With bedrooms abound, a full dining room, and an in-law suite, this home makes an excellent summer retreat for large families. The “Middle House” charms with a full screened-in porch hanging over a canopy of Block Island brush and trees, with an adjacent rolling lawn, perfect for children and family games. Historic details impress throughout the home. The smallest house, “The Cottage”, boasts one floor of sunlit airy living, with significant attic space that is bright and dry. The star of this listing is the land, which affords the buyer an opportunity to own a significant piece of Block Island’s west side. Akin to having your own nature reserve, the rustling of trees and the chirping of birds fill the air as sunlight pours from all angles. For those wanting a truly special place to make memories, you’ve come home. Stonewalls, green pastures, and well-loved homes await you.

Listed by Jennifer Phillips of Phillips Real Estate

MLS Number 1320510

• Multi Family
• MlsStatus Active
• Bedrooms 6
• Waterfront
• Water View

This iconic waterfront property is a rare opportunity to experience coastal living at its best-Block Island style. Set on 1.58 acres and surrounded by Trim's Pond, this unique property consists of a classic 4 bedroom, 1.5 bath renovated 1873 farmhouse with views from every room. The house and kitchen/baths have been tastefully renovated while still maintaining the character and charm of an older home. Enjoy sunrise/sunset skies and the beauty of Trim's Pond from the wraparound porch. A two unit duplex provides income-each unit has an open living/dining/kitchen first floor-spiral stairway accesses the bedroom and full bath on the second level. Small building once used as a toy store, "The Mouse House" is waiting for a new owner's ideas. Rebuild the barn to use as a garage/storage building. A 30' x 50' slab is on the rear of the property with potential for additional building pending town/CRMC approvals. Walk the short path off the north side of the house to a boat dock. Perfect for taking a dinghy, kayak/paddle board or small water craft to the Great Salt Pond. This tranquil retreat is centrally located across the street for "Baby Beach' and an easy walk to Old and New Harbors. Conservancy land borders and protects this setting. Come be captivated by shore birds, water sport activities and the sights and sounds of the ocean.

Listed by GAIL HEINZ of Sullivan Sotheby's Intl.Realty

MLS Number 1316580

• Multi Family
• MlsStatus Active
• Bedrooms 5

Offered for the first time since 1964, “Full Cry” was originally built as the carriage house for “Roslyn”, which was designed by William Ralph Emerson. Sited on 1.43 acres and a legal two-family, this expansive home is awaiting her next steward. In its current layout, the main residence consists of 4 bedrooms, 3 bathrooms, and a large, 1,794 SF garage that can house around 7 cars. The apartment has it’s own private entrance, 1-2 bedrooms, a large kitchen and a nice size living room. Situated on a mostly wooded parcel with rock outcroppings, it’s the perfect place to relax and listen to the birds. Steeped in history, this home still has remnants of the original horse stalls, beautiful wooden walls where the tack room once was, and many original doors. While set on it’s own little oasis, it’s only 0.5 miles to the harbor, area yacht clubs, and a short bike ride to town. Truly an historic gem.

Listed by Alexandra Thursby of Lila Delman Compass

MLS Number 1328735

• Multi Family
• MlsStatus Active
• Bedrooms 8

These units are simply amazing. Both buildings were completely renovated in 2019 from the studs out and up. New roof, walls, heating/cooling, siding, flooring, plumbing, fire system, walls, insulation, electrical and all appliances and interior finishes. Consists of two buildings, each with 6, two bedroom one bath units. Central air/ heat, gas hot water, separate utilities, balconies, parking and walking distance to downtown. Common outside green space including patio area and bike rack. Each building has a laundry room equipped with two coin op washers and dryers. Convenient location close to highways, train station, bus route, shopping, dining universities, walking distance to downtown. Terrific view of the state house dome. There are currently no vacant units. Property will convey with 64 Jewett st, currently a vacant lot used for parking. Property appears to be in an Opportunity Zone! Buyer to due diligence regarding building on 64 Jewett St and Opportunity Zone designation. Cross referenced from listing 1328734.

Listed by Tina Rose of Salzberg Real Estate Agency

MLS Number 1334583

• Multi Family
• MlsStatus Active
• Bedrooms 9

Rare Opportunity to Own a Legal 8-Unit Building on Historic Benefit St., located in the heart of Brown University and RISD's campus. The units are fully leased through May 30th, 2024 and the property offers 17 parking spaces for additional income. The building is leased as (5) 1 Bedroom units and (3) 2 Bedroom units. Owner pays for water, sewer, snow, and trash removal with the Tenants responsible for all other utilities. The property was fully leased for the following year in March with room to increase rents. Please refer to MLS#1334499 as well.

Listed by Spencer Kelleher of William Raveis Inspire

MLS Number 1334559

• Multi Family
• MlsStatus Active
• Bedrooms 2

Presenting 105 Memorial Boulevard West. This 1870 Second-Empire Victorian presents a rare opportunity to own a 3-family residence located directly in the heart of Downtown Newport and in the General Business Zone. Perfectly situated at the intersection of Memorial Boulevard, America's Cup, and Thames St. this location offers the ultimate in convenience and accessibility. The home sits directly across from the iconic St. Mary's church, where JFK and Jacqueline Bouvier exchanged vows. All 3 units are registered with the city for legal participation in short-term rentals, making this an incredible investment opportunity. The building is completely turnkey and will convey fully furnished, allowing you to start generating income immediately. Its prime location ensures a constant flow of visitors and tourists eager to experience all that Newport has to offer. Off-street parking is an added benefit. This property showcases a harmonious blend of timeless character and modern updates including: full bathroom renovations in two units, Mitsubishi mini-splits for efficient climate control, a Navien on-demand heating and hot water system, new siding and paint, and refinished hardwood floors. The care and attention to detail are evident in every corner of this property. Capitalize on the city's thriving rental market, and indulge in the coastal lifestyle that Newport offers. Rental history and financials are available upon request for qualified parties.

Listed by Fitzpatrick Team of RE/MAX Profnl. Newport,Inc.

MLS Number 1331000

• Multi Family
• MlsStatus Active
• Bedrooms 6
• Water View

$9,474 Per Month. * 20% Down 30-Year fixed mortgage rate. * 6.90% APR to those who qualify. * Taxes insurance not included. * Rates As of May 2023. ________________________________________________________________________________________________________ Welcome to an incredible opportunity to own a multi-unit property located in the heart of East Greenwich. This property is comprised of two lots, offering endless potential for development and rental income. Both homes offer unobstructed water views, providing a tranquil and serene setting to enjoy the picturesque surroundings. In addition, the vacant, cleared lot is fenced in and offers the option to build your dream home or additional rental units. This location is right off of Main St, ensuring easy access to shops, restaurants, and entertainment. Whether you are an investor looking for a high-return property or a homeowner looking for a unique opportunity to create your own oasis, this multi-unit property offers tons of potential for development. Don't miss out on this rare gem in a highly sought-after location.

Listed by Nathan Clark Team of Your Home Sold Guaranteed,NCT