Multi Family at 75 Caswell Street, Narragansett
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23 photos

$1,350,000

75 Caswell Street
Narragansett, RI 02882
Listed by Stephanie Basile
Bedrooms
6
Bathrooms
4
Living area
N/A
Year built
1928

About this home

Rarely does an opportunity with this location and flexibility become available in Narragansett Pier. Four-family properties are exceptionally rare, particularly in the coveted Central Street/Pier neighborhood, where the best of coastal living is truly within walking distance. Leave the car behind and stroll to Narragansett Beach, the Pier Marketplace, coffee shops, restaurants, surf shops, and the iconic seawall. This distinctive property offers four separate units—two upstairs and two downstairs—with all units vacant and ready for their next owners or tenants. Thoughtful updates make ownership easy, while oversized windows bring abundant natural light and showcase each apartment’s individual character. An inviting screened porch, beautifully landscaped yard, common grilling area, ample parking, and welcoming entryway add to the appeal. The possibilities are extraordinary: continue as a four-family property with a strong history of rental demand and income; create a flexible multigenerational retreat for year-round coastal living; or explore the opportunity to transform this rare offering into an exceptional single-family residence. In a location where properties of this size, versatility, and walkability are rarely available, this is an opportunity to create something truly special in one of Rhode Island’s most treasured coastal destinations.

Property details

MLS #
1425402
Property type
Multi Family
Subdivision
Narragansett Pier
Status
Active
Days on market
N/A
On market date
October 7, 2026
Stories
2
Total bathrooms
4
Garage spaces
N/A
Parking spaces
6
Lot size
0.162 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Narragansett Elementary
0.77 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
387
Student:teacher ratio
12.1:1
District
Narragansett
Middle
Narragansett Pier School
0.46 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
312
Student:teacher ratio
13.6:1
District
Narragansett
High
Narragansett High School
0.46 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
489
Student:teacher ratio
13.6:1
District
Narragansett

Walkability

Blended score for Narragansett's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

82
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable

Market position

How this listing compares to current activity in Narragansett, from live MLS data.

On the market 0 days -- 59 fewer days than Narragansett's current average of 59 days.
For reference, the median list price across 198 active listings in Narragansett right now is $804,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$8,280/mo
$270,000 down
$1,080,000 loan
Principal & interest$7,005
Property tax (est.)$1,125
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 9 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.