Real Estate Investment Properties for Sale in Rhode Island

Looking for investment property in Rhode Island with high ROI ?

Explore a variety of short-term homes & houses in Rhode Island. Invest wisely with VRBO & Rhode Island Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Rhode Island

Search for Multi Family for Sale in Rhode Island. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 404 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
66 Penn St Providence, RI Welcome to this unique property located on the corner of Courtland St and Penn St only thr...	11 beds \| 4 baths \| 4,510 sq.ft.	$1,074,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.71% Airbnb Rental Income: $1360 Traditional Rental Income: $3600 Airbnb ROI: -0.94% Traditional ROI: 1.71%
1205 Park Ave Woonsocket, RI Fantastic investment opportunity in a most convenient location! This house has had all the...	4 beds \| 2 baths \| 2,700 sq.ft.	$349,900	Airbnb cash on cash: 0.45% Traditional cash on cash: 7.91% Airbnb Rental Income: $1301 Traditional Rental Income: $3347 Airbnb ROI: 0.45% Traditional ROI: 7.91%
37 Mercy St Providence, RI 2010 Custom 2 Family Offers All New Interior and Exterior. Unit 1 has 3 Spacious Beds, Fu...	5 beds \| 2 baths \| 2,452 sq.ft.	$509,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.55% Airbnb Rental Income: $1743 Traditional Rental Income: $3559 Airbnb ROI: 0.74% Traditional ROI: 5.55%
137 Sutton St Providence, RI Great Federal Hill Investment. Convenient Location Near Broadway and Atwells.	4 beds \| 2 baths \| 3,625 sq.ft.	$650,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.86% Airbnb Rental Income: $1360 Traditional Rental Income: $3507 Airbnb ROI: -0.37% Traditional ROI: 3.86%
31 Peter St Providence, RI Well-maintained 2 family home on corner lot of quiet street on North End of Providence. C...	5 beds \| N/A baths \| 3,000 sq.ft.	$610,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.09% Airbnb Rental Income: $2212 Traditional Rental Income: $2993 Airbnb ROI: 0.74% Traditional ROI: 3.09%
30 32 Harvest St Providence, RI Exceptional investment or owner-occupied opportunity in the heart of Providence. This well...	9 beds \| 3 baths \| 3,315 sq.ft.	$739,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 3.61% Airbnb Rental Income: $4039 Traditional Rental Income: $3999 Airbnb ROI: 2.42% Traditional ROI: 3.61%
2 Young Ave Providence, RI Located at 2 Young Avenue in Providence, RI, this multi-family property presents an outsta...	6 beds \| 3 baths \| 2,750 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $3240 Airbnb ROI: N/A Traditional ROI: 4.53%
374 Douglas Ave Providence, RI Great 3 Family, income producer, located just a few blocks from Providence College and 5 m...	8 beds \| 4 baths \| 5,852 sq.ft.	$774,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $4831 Airbnb ROI: N/A Traditional ROI: 4.98%
27 Robin St Providence, RI Great investor opportunity or owner occupant. Needs work but hs a lot of potential. Third ...	7 beds \| 3 baths \| 2,802 sq.ft.	$649,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 5.08% Airbnb Rental Income: $4039 Traditional Rental Income: $3975 Airbnb ROI: 3.76% Traditional ROI: 5.08%
264 Douglas Ave Providence, RI Nice 3 family in Smith Hill in general good condition, separate utilities, updated gas hea...	6 beds \| 3 baths \| 3,781 sq.ft.	$599,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.58% Airbnb Rental Income: $null Traditional Rental Income: $4175 Airbnb ROI: N/A Traditional ROI: 5.58%
851 Manton Ave Providence, RI HERE IS YOUR CASH COW! Duplex unit in the desirable Fruit Hill section of Providence. 3 ...	6 beds \| 2 baths \| 1,800 sq.ft.	$539,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.87% Airbnb Rental Income: $2003 Traditional Rental Income: $3361 Airbnb ROI: 1.14% Traditional ROI: 4.87%
89 America St Providence, RI Location, location, location! Rare opportunity to own a Three-family in Historic Federal H...	10 beds \| 3 baths \| 2,908 sq.ft.	$945,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.65% Airbnb Rental Income: $1626 Traditional Rental Income: $3780 Airbnb ROI: -0.32% Traditional ROI: 2.65%
271 Union Ave Providence, RI Spacious 3-Family Home with 9 Bedrooms, 5 Bathrooms & Finished Basement â Prime Location...	9 beds \| 3 baths \| 5,296 sq.ft.	$759,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 3.4% Airbnb Rental Income: $1127 Traditional Rental Income: $4000 Airbnb ROI: -1.19% Traditional ROI: 3.4%
11 Eva St Providence, RI â¢ ZERO MONEY DOWN, ESTIMATED $1,127 Per Month â¢ Updated roof â¢ Vinyl Siding â¢ Wal...	4 beds \| 2 baths \| 1,216 sq.ft.	$445,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 5.21% Airbnb Rental Income: $1743 Traditional Rental Income: $2854 Airbnb ROI: 1.4% Traditional ROI: 5.21%
470 HARTFORD AVE Providence, RI Invest with success and buy through Auction.com. This bank-owned investment property is a ...	6 beds \| 2 baths \| 1,728 sq.ft.	$416,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 6.97% Airbnb Rental Income: $2285 Traditional Rental Income: $3393 Airbnb ROI: 2.66% Traditional ROI: 6.97%
20 Farm St Providence, RI Welcome home to this well cared for two unit property in the well sought-out Elmhurst neig...	4 beds \| 2 baths \| 2,283 sq.ft.	$659,900	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.92% Airbnb Rental Income: $1296 Traditional Rental Income: $3066 Airbnb ROI: -0.61% Traditional ROI: 2.92%
2 Wilson St Bristol, RI Rare Gem: Own a Turnkey Home Plus Thriving Neighborhood Restaurant. Seize this unbeatable ...	4 beds \| 1 baths \| 1,440 sq.ft.	$875,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.83% Airbnb Rental Income: $2011 Traditional Rental Income: $3783 Airbnb ROI: 0.01% Traditional ROI: 2.83%
69 Erastus St Providence, RI Great opportunity for investors or owner-occupants in Providence! This well-maintained 3-f...	9 beds \| 3 baths \| 4,920 sq.ft.	$669,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 4.55% Airbnb Rental Income: $4283 Traditional Rental Income: $3972 Airbnb ROI: 3.6% Traditional ROI: 4.55%
150 Prospect St Providence, RI Ruth T. Scott House (c1867) Outstanding historic multi-family ideally situated in College ...	8 beds \| 4 baths \| 4,128 sq.ft.	$1,150,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.16% Airbnb Rental Income: $2030 Traditional Rental Income: $4861 Airbnb ROI: -0.98% Traditional ROI: 2.16%
33 Opper St Providence, RI Nice 3 family in the North End of Providence with 2 bedrooms each unit, new roof, hardwood...	6 beds \| 3 baths \| 2,394 sq.ft.	$599,990	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.63% Airbnb Rental Income: $1857 Traditional Rental Income: $3708 Airbnb ROI: 0.43% Traditional ROI: 4.63%
167 2nd Ave Woonsocket, RI Single family and 2 family on the same lot. Front house is single family with 3 bed 2 bath...	8 beds \| 3 baths \| 3,070 sq.ft.	$649,900	Airbnb cash on cash: -1.3% Traditional cash on cash: 3.53% Airbnb Rental Income: $1301 Traditional Rental Income: $3821 Airbnb ROI: -1.3% Traditional ROI: 3.53%
551 Pond St Woonsocket, RI 2 family home with townhouse style apartment in the 2nd and 3rd floor.Large backyard, off ...	6 beds \| 2 baths \| 3,768 sq.ft.	$485,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 5.78% Airbnb Rental Income: $1301 Traditional Rental Income: $3466 Airbnb ROI: 0.11% Traditional ROI: 5.78%
49 Steuben St Providence, RI Looking for a spring project? Investors/contractors take notice. NOT a short sale or bank-...	14 beds \| 4 baths \| 6,080 sq.ft.	$995,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 4.03% Airbnb Rental Income: $1425 Traditional Rental Income: $5208 Airbnb ROI: -0.51% Traditional ROI: 4.03%
509 Union Ave Providence, RI Estate sale! This 2 Family home has 2 beds in each unit, vinyl siding and gas heat. Set o...	4 beds \| 2 baths \| 3,049 sq.ft.	$499,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 5.2% Airbnb Rental Income: $1127 Traditional Rental Income: $3333 Airbnb ROI: -0.34% Traditional ROI: 5.2%
538 Wood Ave Woonsocket, RI * Estimated Payment $1257 Per Month * 20% Down 30 yrs. 3.5% Apr to those who qualify. * ...	10 beds \| 3 baths \| 3,976 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.24% Airbnb Rental Income: $null Traditional Rental Income: $3890 Airbnb ROI: N/A Traditional ROI: 4.24%
555 Branch Ave Providence, RI Come take a look at this AMAZING 3 unit, located in the heart of Providence!!! Great for i...	6 beds \| 3 baths \| 3,592 sq.ft.	$599,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 5.47% Airbnb Rental Income: $1857 Traditional Rental Income: $4019 Airbnb ROI: 0.72% Traditional ROI: 5.47%
448 Public St Providence, RI PRICED TO SELL!! Why RENT when you can OWN this quaint 2 Family Home in Providence? The pr...	4 beds \| 3 baths \| 2,052 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.75% Airbnb Rental Income: $null Traditional Rental Income: $3642 Airbnb ROI: N/A Traditional ROI: 6.75%
559 Branch Ave Providence, RI This versatile 3-unit mixed-use property features two well-maintained residential units on...	4 beds \| 2 baths \| 3,294 sq.ft.	$475,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 6.26% Airbnb Rental Income: $1857 Traditional Rental Income: $4028 Airbnb ROI: 0.26% Traditional ROI: 6.26%
876 Douglas Ave Providence, RI This stunning 2 family property has not only two 2-bedroom apartments, but also a commerci...	4 beds \| 2 baths \| 2,242 sq.ft.	$540,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 5.56% Airbnb Rental Income: $1123 Traditional Rental Income: $3752 Airbnb ROI: -0.4% Traditional ROI: 5.56%
026 Pier Rd Portsmouth, RI Not a legal multi but 2 houses on 4 lots see mls 1270794. Own a unique water view proper...	3 beds \| 3 baths \| 1,834 sq.ft.	$899,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 1.56% Airbnb Rental Income: $2215 Traditional Rental Income: $2774 Airbnb ROI: 0.23% Traditional ROI: 1.56%
349 S Main St Woonsocket, RI Multi Family 4 unit great INVESTMENT Opportunity CASH or Conventional Buyers Only in great...	8 beds \| 4 baths \| 3,934 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $4896 Airbnb ROI: N/A Traditional ROI: 6.01%
54 Candace St Providence, RI Turnkey owner-occupant opportunity in the heart of Providence! This well-maintained 3-fami...	6 beds \| 3 baths \| 2,337 sq.ft.	$549,800	Airbnb cash on cash: N/A Traditional cash on cash: 3.96% Airbnb Rental Income: $null Traditional Rental Income: $3252 Airbnb ROI: N/A Traditional ROI: 3.96%
217 Carleton St Providence, RI Great investment property! Two lots to convey with garage for extra income. Three units - ...	12 beds \| 3 baths \| 4,976 sq.ft.	$899,999	Airbnb cash on cash: 2.25% Traditional cash on cash: 2.81% Airbnb Rental Income: $4283 Traditional Rental Income: $3849 Airbnb ROI: 2.25% Traditional ROI: 2.81%
218 Lynch St Providence, RI	4 beds \| 2 baths \| 2,656 sq.ft.	$487,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 5.2% Airbnb Rental Income: $1214 Traditional Rental Income: $3348 Airbnb ROI: -0.35% Traditional ROI: 5.2%
243 Killingly St Providence, RI Great opportunity to own a well-maintained 2-family home! Whether you're an investor looki...	4 beds \| 2 baths \| 5,840 sq.ft.	$624,999	Airbnb cash on cash: 0.17% Traditional cash on cash: 4.12% Airbnb Rental Income: $1593 Traditional Rental Income: $3442 Airbnb ROI: 0.17% Traditional ROI: 4.12%
126 Johnson St Providence, RI Investors take notice! Here is a great single family home that needs much love. It current...	8 beds \| 4 baths \| 2,400 sq.ft.	$760,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 4.8% Airbnb Rental Income: $2918 Traditional Rental Income: $4513 Airbnb ROI: 1.6% Traditional ROI: 4.8%
311 Plainfield St Providence, RI BACK ON THE MARKET DO to BUYER FINANCING ISSUES , !ATTENTION FIRST TIME BUYERS , OWN A MUL...	8 beds \| 4 baths \| 3,563 sq.ft.	$875,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.75% Airbnb Rental Income: $1127 Traditional Rental Income: $4541 Airbnb ROI: -0.9% Traditional ROI: 3.75%
53 55 Fairmount Ave Providence, RI This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1...	8 beds \| 4 baths \| 2,340 sq.ft.	$649,900	Airbnb cash on cash: -0.82% Traditional cash on cash: 4.96% Airbnb Rental Income: $1412 Traditional Rental Income: $4493 Airbnb ROI: -0.82% Traditional ROI: 4.96%

Your search for investment property begins and ends here

Multi Family for Sale in Rhode Island

66 Penn St

Providence, RI

11 beds | 4 baths | 4,510 sq.ft.

$1,074,900

Airbnb cash on cash: -0.94%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $1360

Traditional Rental Income: $3600

Airbnb ROI: -0.94%

Traditional ROI: 1.71%

1205 Park Ave

Woonsocket, RI

4 beds | 2 baths | 2,700 sq.ft.

$349,900

Airbnb cash on cash: 0.45%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $1301

Traditional Rental Income: $3347

Airbnb ROI: 0.45%

Traditional ROI: 7.91%

37 Mercy St

Providence, RI

5 beds | 2 baths | 2,452 sq.ft.

$509,900

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1743

Traditional Rental Income: $3559

Airbnb ROI: 0.74%

Traditional ROI: 5.55%

137 Sutton St

Providence, RI

4 beds | 2 baths | 3,625 sq.ft.

$650,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $1360

Traditional Rental Income: $3507

Airbnb ROI: -0.37%

Traditional ROI: 3.86%

31 Peter St

Providence, RI

5 beds | N/A baths | 3,000 sq.ft.

$610,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 3.09%

Airbnb Rental Income: $2212

Traditional Rental Income: $2993

Airbnb ROI: 0.74%

Traditional ROI: 3.09%

30 32 Harvest St

Providence, RI

9 beds | 3 baths | 3,315 sq.ft.

$739,000

Airbnb cash on cash: 2.42%

Traditional cash on cash: 3.61%

Airbnb Rental Income: $4039

Traditional Rental Income: $3999

Airbnb ROI: 2.42%

Traditional ROI: 3.61%

2 Young Ave

Providence, RI

6 beds | 3 baths | 2,750 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.53%

Airbnb Rental Income: $null

Traditional Rental Income: $3240

Airbnb ROI: N/A

Traditional ROI: 4.53%

374 Douglas Ave

Providence, RI

8 beds | 4 baths | 5,852 sq.ft.

$774,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.98%

Airbnb Rental Income: $null

Traditional Rental Income: $4831

Airbnb ROI: N/A