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 576 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: N/A Traditional cash on cash: 1.71% Airbnb Rental Income: $null Traditional Rental Income: $3600 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 7.91% Airbnb Rental Income: $null Traditional Rental Income: $3347 Airbnb ROI: N/A 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: -0.79% Traditional cash on cash: 5.55% Airbnb Rental Income: $870 Traditional Rental Income: $3559 Airbnb ROI: -0.79% Traditional ROI: 5.55%
143 Sutton St Providence, RI Welcome To Eclectic Federal Hill!! This Two Family Features Two Bed on First Floor and Tow...	6 beds \| 3 baths \| 3,584 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $4091 Airbnb ROI: N/A Traditional ROI: 5.34%
137 Sutton St Providence, RI Great Federal Hill Investment. Convenient Location Near Broadway and Atwells.	4 beds \| 2 baths \| 2,284 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $3507 Airbnb ROI: N/A Traditional ROI: 4.27%
127 Indiana Ave Providence, RI Lovely 2 family with great potential! First floor 2 beds 1 bath second floor 4 beds 2 bath...	2 beds \| 2 baths \| 1,947 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2665 Airbnb ROI: N/A Traditional ROI: 3.17%
124 Lincoln St Woonsocket, RI	6 beds \| 3 baths \| 5,296 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.65% Airbnb Rental Income: $null Traditional Rental Income: $4163 Airbnb ROI: N/A Traditional ROI: 5.65%
376 Cumberland Hill Rd Woonsocket, RI NEED EXTRA INCOME?? Welcome to this Giant 3 family with a huge over sized lot for plenty o...	8 beds \| 3 baths \| 3,063 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $3781 Airbnb ROI: N/A Traditional ROI: 6.44%
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: -0.03% Traditional cash on cash: 3.09% Airbnb Rental Income: $1682 Traditional Rental Income: $2993 Airbnb ROI: -0.03% Traditional ROI: 3.09%
100 Chestnut St Central Falls, RI Property located on a double lot. Plenty of parking, 5 car garage, fire code. Rents could ...	6 beds \| 4 baths \| 3,244 sq.ft.	$799,700	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $5100 Airbnb ROI: N/A Traditional ROI: 5.13%
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: 0.98% Traditional cash on cash: 3.61% Airbnb Rental Income: $2845 Traditional Rental Income: $3999 Airbnb ROI: 0.98% Traditional ROI: 3.61%
1124 Park Ave Woonsocket, RI Wow, family owned for over 50 years and shows the owners pride throughout. This meticulous...	6 beds \| 2 baths \| 2,562 sq.ft.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $3296 Airbnb ROI: N/A Traditional ROI: 4.77%
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: -0.83% Traditional cash on cash: 4.53% Airbnb Rental Income: $1114 Traditional Rental Income: $3240 Airbnb ROI: -0.83% Traditional ROI: 4.53%
114 Penn St Providence, RI Own a piece of historic Federal Hill with this income-generating two-family home! Boasting...	8 beds \| 3 baths \| 3,835 sq.ft.	$649,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $4149 Airbnb ROI: N/A Traditional ROI: 4.97%
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: -0.69% Traditional cash on cash: 4.98% Airbnb Rental Income: $1114 Traditional Rental Income: $4831 Airbnb ROI: -0.69% 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: 2.12% Traditional cash on cash: 5.08% Airbnb Rental Income: $2845 Traditional Rental Income: $3975 Airbnb ROI: 2.12% Traditional ROI: 5.08%
201 High St Woonsocket, RI Check out this listing! NEW ROOF. Dynamite 3 unit property located in the heart of downto...	6 beds \| 3 baths \| 3,296 sq.ft.	$489,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $4214 Airbnb ROI: N/A Traditional ROI: 7.36%
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: -0.55% Traditional cash on cash: 5.58% Airbnb Rental Income: $1114 Traditional Rental Income: $4175 Airbnb ROI: -0.55% 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: 0.99% Traditional cash on cash: 4.87% Airbnb Rental Income: $1908 Traditional Rental Income: $3361 Airbnb ROI: 0.99% Traditional ROI: 4.87%
31 Gilmore St Providence, RI This well-maintained 6-bedroom 3-bathroom multifamily property presents a strong investmen...	6 beds \| 3 baths \| 2,835 sq.ft.	$589,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 5.18% Airbnb Rental Income: $2637 Traditional Rental Income: $4007 Airbnb ROI: 1.56% Traditional ROI: 5.18%
89 America St Providence, RI Location, location, location! Rare opportunity to own a Three-family in Historic Federal H...	10 beds \| 3 baths \| 3,329 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.84% Airbnb Rental Income: $null Traditional Rental Income: $3780 Airbnb ROI: N/A Traditional ROI: 2.84%
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: -0.86% Traditional cash on cash: 3.4% Airbnb Rental Income: $1410 Traditional Rental Income: $4000 Airbnb ROI: -0.86% Traditional ROI: 3.4%
73 Boyden St Woonsocket, RI Ideally located within walking distance to downtown amenities, this 2-unit multi-family pr...	3 beds \| 2 baths \| 1,464 sq.ft.	$459,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.85% Airbnb Rental Income: $1323 Traditional Rental Income: $2881 Airbnb ROI: 0.27% Traditional ROI: 4.85%
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.	$425,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.5% Airbnb Rental Income: $1664 Traditional Rental Income: $2854 Airbnb ROI: 1.34% Traditional ROI: 5.5%
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: $2282 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.	$639,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.04% Airbnb Rental Income: $1239 Traditional Rental Income: $3066 Airbnb ROI: -0.68% Traditional ROI: 3.04%
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: 2.36% Traditional cash on cash: 4.55% Airbnb Rental Income: $3351 Traditional Rental Income: $3972 Airbnb ROI: 2.36% Traditional ROI: 4.55%
117 Dante St Providence, RI Renovated 2 family home steps from Providence College campus...great rental history! Low m...	4 beds \| 2 baths \| 2,732 sq.ft.	$565,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 4.32% Airbnb Rental Income: $871 Traditional Rental Income: $3295 Airbnb ROI: -0.91% Traditional ROI: 4.32%
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: -1.12% Traditional cash on cash: 2.16% Airbnb Rental Income: $1851 Traditional Rental Income: $4861 Airbnb ROI: -1.12% Traditional ROI: 2.16%
1165 Chalkstone Ave Providence, RI Exceptional large Mount Pleasant Two Family. Total income potential of over $4000.00 make...	6 beds \| 3 baths \| 4,669 sq.ft.	$589,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.96% Airbnb Rental Income: $1239 Traditional Rental Income: $3331 Airbnb ROI: -0.55% Traditional ROI: 3.96%
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: 0.17% Traditional cash on cash: 4.63% Airbnb Rental Income: $1682 Traditional Rental Income: $3708 Airbnb ROI: 0.17% 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: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $3821 Airbnb ROI: N/A Traditional ROI: 3.53%
28 Pumgansett St Providence, RI Two family in prime rental location for students and young adults. Good investment opportu...	4 beds \| 2 baths \| 3,042 sq.ft.	$499,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 5.58% Airbnb Rental Income: $1500 Traditional Rental Income: $3337 Airbnb ROI: 0.7% Traditional ROI: 5.58%
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: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $3466 Airbnb ROI: N/A 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: -0.47% Traditional cash on cash: 4.03% Airbnb Rental Income: $1466 Traditional Rental Income: $5208 Airbnb ROI: -0.47% Traditional ROI: 4.03%
9 Steuben St Providence, RI Perfect investment opportunity! This Multi-family has 3 beds and 3 income producing units ...	9 beds \| 3 baths \| 4,252 sq.ft.	$699,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.86% Airbnb Rental Income: $1466 Traditional Rental Income: $3773 Airbnb ROI: -0.34% Traditional ROI: 3.86%
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: 0.17% Traditional cash on cash: 5.2% Airbnb Rental Income: $1410 Traditional Rental Income: $3333 Airbnb ROI: 0.17% Traditional ROI: 5.2%

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: N/A

Traditional cash on cash: 1.71%

Airbnb Rental Income: $null

Traditional Rental Income: $3600

Airbnb ROI: N/A

Traditional ROI: 1.71%

1205 Park Ave

Woonsocket, RI

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

$349,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.91%

Airbnb Rental Income: $null

Traditional Rental Income: $3347

Airbnb ROI: N/A

Traditional ROI: 7.91%

37 Mercy St

Providence, RI

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

$509,900

Airbnb cash on cash: -0.79%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $870

Traditional Rental Income: $3559

Airbnb ROI: -0.79%

Traditional ROI: 5.55%

143 Sutton St

Providence, RI

6 beds | 3 baths | 3,584 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.34%

Airbnb Rental Income: $null

Traditional Rental Income: $4091

Airbnb ROI: N/A

Traditional ROI: 5.34%

137 Sutton St

Providence, RI

4 beds | 2 baths | 2,284 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.27%

Airbnb Rental Income: $null

Traditional Rental Income: $3507

Airbnb ROI: N/A

Traditional ROI: 4.27%

127 Indiana Ave

Providence, RI

2 beds | 2 baths | 1,947 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2665

Airbnb ROI: N/A

Traditional ROI: 3.17%

124 Lincoln St

Woonsocket, RI

6 beds | 3 baths | 5,296 sq.ft.

$599,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.65%

Airbnb Rental Income: $null

Traditional Rental Income: $4163

Airbnb ROI: N/A

Traditional ROI: 5.65%

376 Cumberland Hill Rd

Woonsocket, RI

8 beds | 3 baths | 3,063 sq.ft.

$480,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.44%

Airbnb Rental Income: $null

Traditional Rental Income: $3781

Airbnb ROI: N/A