Here is a very rare opportunity to own an investment property in Narragansett! This well kept and updated side by side duplex is close to and within walking distance to Bonnet Shores and Narrow River! It offers a bright floorplan with 1.5 baths, two large bedrooms, a large family room, new floors, fresh paint and updated mechanicals. Each unit has its own washer and dryer. Newer roof. Town water and sewer. Excellent rental income and solid leases are currently in place with future opportunity for rent increases. All situated on a very large and private lot. Minutes to the best beaches in RI!
Multi-familyProperty Type
1972Year Built
0.34 acresLot Size
$314Est. Price/Sq.Ft.
4 spacesParking
Listed by Jacqueline Mallett• RI Real Estate Services
Bought with Kevin Bochner• RI Real Estate Services
FANTASTIC TOWNHOUSE STYLE DUPLEX. 2 BEDS, 1.5 BATHS EACH UNIT. NEW WINDOWS THROUGH OUT, NEW VINYL SIDING, CORNER LOT AND MORE! CALL TODAY. . SUBJECT TO SELLER FINDING SUITABLE HOUSING!
RIS #905439
Jul 1, 1999
Sold
$116,700
$54/sq ft
Jun 11, 1999
Listing Removed
—
Apr 6, 1999
Listed
$115,900
$54/sq ft
THIS 2-BEDROOM PER UNIT TOWNHOUSE STYLE DUPLEX OFFERS A LARGE LOT, APPLIANCED KITCHEN, EXCELLENT RENTAL HISTORY AND MORE. MINUTES TO BEACHES, SHOPPING AND RECREATION. 1ST TIME BUYERS-INCOME TO HELP W/ MORTGAGE PAYMENT. CALL!
RIS #607976
Oct 25, 1996
Listing Removed
—
Apr 26, 1996
Listed
$124,900
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,510 (+3.7%)
$219,000 + $297,900
$516,900
2024
$3,386 (+7.7%)
$219,000 + $297,900
$516,900
2023
$3,143 (+3.5%)
$156,500 + $181,100
$337,600
2022
$3,038 (+1.6%)
$156,500 + $181,100
$337,600
2021
$2,991 (+5.7%)
$156,500 + $181,100
$337,600
2020
$2,830 (+2.5%)
$106,600 + $163,400
$270,000
2019
$2,762 (+2.8%)
$106,600 + $163,400
$270,000
2018
$2,687 (−8.8%)
$106,600 + $163,400
$270,000
2017
$2,946 (+4.8%)
$111,000 + $168,000
$279,000
2016
$2,812 (+1.4%)
$111,000 + $168,000
$279,000
2015
$2,773 (−0.4%)
$111,000 + $168,000
$279,000
2014
$2,785 (+2.4%)
$105,200 + $172,200
$277,400
2013
$2,719 (+2.4%)
$105,200 + $172,200
$277,400
2012
$2,655
$105,200 + $172,200
$277,400
Tax history for 87 Ninigret Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,510 (+3.7%)
$219,000 + $297,900
$516,900
2024
$3,386 (+7.7%)
$219,000 + $297,900
$516,900
2023
$3,143 (+3.5%)
$156,500 + $181,100
$337,600
2022
$3,038 (+1.6%)
$156,500 + $181,100
$337,600
2021
$2,991 (+5.7%)
$156,500 + $181,100
$337,600
2020
$2,830 (+2.5%)
$106,600 + $163,400
$270,000
2019
$2,762 (+2.8%)
$106,600 + $163,400
$270,000
2018
$2,687 (−8.8%)
$106,600 + $163,400
$270,000
2017
$2,946 (+4.8%)
$111,000 + $168,000
$279,000
2016
$2,812 (+1.4%)
$111,000 + $168,000
$279,000
2015
$2,773 (−0.4%)
$111,000 + $168,000
$279,000
2014
$2,785 (+2.4%)
$105,200 + $172,200
$277,400
2013
$2,719 (+2.4%)
$105,200 + $172,200
$277,400
2012
$2,655
$105,200 + $172,200
$277,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
1994
Sq. Ft.
2,146
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Washington County
APN
341744
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Property details
Parking
Parking
Features: No Garage
# of Parking (Total): 4
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 2
Room Information
# of Rooms (Total): 8
Laundry Information
Features: In Unit
Equipment
Appliances: Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Interior Features
Flooring: Ceramic Tile, Laminate, Carpet
Other Features: Tub Shower
Multi Unit Information
# Of Units Total: 2
# Of Buildings: 1
Multi Unit Financial Information
Operating Expense: $5,046
Exterior
Building Information
Stories (Total): 2
Construction Details: Brick, Vinyl Siding
Lot Information
Lot Size Area: 14,810
Lot Size Acres: 0.34
Waterfront Features: Walk to Water
Property Information
Above Grade Finished Area: 2,146
Financial
Assessments and Fees
Assessed Value: $279,000
Tax Information
Annual Tax Amount: $2,946
Tax Year: 2016
Utilities
Utility Information
Utilities: Sewer Connected
Electic On Property
Electric: 100 Amp Service
Sewer: Connected
Water Source: Connected
Heating & Cooling
Has Heating
Heating: Baseboard, Electric
Location
Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,146
Stories: 2.0
Lot Size: 0.34 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1994
County: Washington County
APN: 341744
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Narragansett Elementary School
Public PreK-4 • Assigned • 3.6mi
9/10
Narragansett Pier School
Public 5-8 • Assigned • 4.1mi
8/10
Narragansett High School
Public 9-12 • Assigned • 4.0mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Narragansett, RI • 02882
Average low and high temperatures (°F)
36
24
38
24
48
34
57
42
64
52
76
62
78
67
75
62
71
59
63
51
54
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$640,000 – $775,000
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