Narragansett, RI Multifamily Homes & Duplexes for Sale

/33
$1,295,000
- 3 Beds
- 2 Baths
- 1,860 Sq Ft
392 Gooseberry Rd, Wakefield, RI 02879

Dreaming of a family compound? This unique opportunity includes two year-round single-family homes, each situated on its own separate lot. 392 B (which can be sold separately) features 1 bedroom, 1 full bath, and a spacious second-floor loft that comfortably sleeps 4 5 guests. The home is fully updated, including a newer septic system, and is move-in ready. 392 C offers 2 bedrooms, 1 full

Rebecca Donnell BHHS New England Properties

392 Gooseberry Rd, Wakefield, RI 02879
/50
$1,299,000
- 4 Beds
- 4 Baths
- 1,648 Sq Ft
882 Point Judith Rd, Narragansett, RI 02882

Better than new! Dual Single-Family Homes on One Lot! Wow! Discover this very rare chance to own not one, but two stunning, like-new single-family homes, one totally remodeled in 2014 and one built in 2017, all situated on a single lot. This unique offering is perfect for families seeking additional living space or investors looking for an income-generating property. Both homes feature high-end

Scott McGee RE/MAX Properties

882 Point Judith Rd, Narragansett, RI 02882
/43
$1,799,500
- 6 Beds
- 4 Baths
- 4,240 Sq Ft
6 MacAlder St, Narragansett, RI 02879

Coastal investment opportunity in the highly desired beachside community of Jerusalem, Narragansett. Discover the perfect blend of coastal living and smart investing with this two unit multi-family property that is just steps from the nearly mile-long East Matunuck Beach. Each unit features updated kitchen and bathrooms, complete with primary en-suites, separate and private covered porches and a

Jason Vickers Lila Delman Compass

6 MacAlder St, Narragansett, RI 02879
/17
$625,000
- 5 Beds
- 2 Baths
- 1,976 Sq Ft
196 Columbia St, Wakefield, RI 02879

Start your real estate investment career today, live/rent in town, totally remodeled, new kitchens with stainless appliances, hardwood floors, new paint, new baths, fixtures. Always rented, ready to go! Really sweet back yard on the Saugatucket River, watch the birds, see resident Great Blue Heron fish (check photo). Additional 630 SF 2-story 3/4 car garage/barn. Currently long term rents

SYLVAN VAICAITIS WHITE ROSE REAL ESTATE

196 Columbia St, Wakefield, RI 02879
/47
$1,699,900
- 4 Beds
- 2 Baths
- 1,126 Sq Ft
1143 Point Judith Rd, Narragansett, RI 02882

Recent updates and renovations of these two spectacular cottages in desirable Pt. Judith make this a must see for investors and vacation home buyers alike. Just steps from many of the most beautiful Beaches in Rhode Island, with a rich rental history and every amenity you can think of. Located near the picturesque seawall, town beaches, nationally ranked surfing breaks, shops, and restaurants.

Allen Gammons BHHS Commonwealth Real Estate

1143 Point Judith Rd, Narragansett, RI 02882

Rhode Island Narragansett

Why Live in Narragansett

Narragansett, a historic resort town in southeast Washington County, Rhode Island, is renowned for its beaches and coastal charm. With a population that more than doubles each summer, the town attracts visitors to its iconic Atlantic coast. Narragansett is home to three state beaches: Scarborough, Salty Brine, and Roger Wheeler, each offering unique attractions and lifeguarded swimming areas. Inland, the Point Judith Country Club and Canonchet Farm provide recreational opportunities, while the South County Museum offers local history exhibits and events. The Narragansett School System, serving over 1,100 students, is highly rated, contributing to the town's appeal for families. Housing styles range from split-levels and Colonial Revivals in neighborhoods like Mettatuxet to shingled cottages and bungalows near the beach, with larger estates lining the coast. The median home sale price in Narragansett is significantly higher than the state median, reflecting its desirability. The Narragansett Pier Marketplace and the Port of Galilee offer diverse shopping and dining options, with the latter being a hub for the local fishing industry. Seasonal fluctuations impact traffic and commuting times, with quieter winters and busier summers. Narragansett has seen a notable decline in crime from 2020 to 2023, with both violent and property crimes decreasing. The town is primarily car-dependent, but the Rhode Island Public Transit Authority provides bus service on main roads.

Learn more about living in Narragansett

Home Trends in Narragansett, RI

On average, homes in Narragansett, RI sell after 42 days on the market compared to the national average of 51 days. The median sale price for homes in Narragansett, RI over the last 12 months is $815,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$815,000

Median Single Family Sale Price

$923,250

Median Townhouse Sale Price

$1,347,500

Median 2 Bedroom Sale Price

$793,493

Median 1 Bedroom Sale Price

$327,450

Average Price Per Sq Ft

$604

Number of Homes for Sale

Last 12 months Home Sales

273

Months of Supply

3.30

Median List Price

$875,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Narragansett, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $625,000 to $1,799,500, there's a range to accomodate every budget. As of July, 2025 the median home price in Narragansett is $875,000, while the average sale price is $1,063,636, offering insights into the local housing market. On average, multi-family homes spend 42 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Narragansett, RI.

Narragansett Types of Homes for Sale

Narragansett Real Estate Listings

Narragansett New Construction Homes

More About Living in Narragansett

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