$995,000
About this home
Exceptional multi-family investment opportunity in the heart of Providence! Ideally situated at 49 Steuben Street, this property offers unbeatable convenience just minutes from Downtown Providence, Federal Hill, the West End, major hospitals, universities, shopping, dining, parks, and public transportation. Commuters will appreciate the easy access to I-95, Route 6, and Route 10, making travel throughout Rhode Island and nearby Massachusetts effortless. Located in an established neighborhood experiencing continued revitalization and growth, this property is perfectly positioned for both owner-occupants and investors. In addition to its prime location, the property presents the potential to add a fifth unit, offering an exciting opportunity to increase rental income and maximize long-term value, subject to buyer verification and any required municipal approvals. A rare chance to own a well-located asset with exceptional upside in one of Providence's most accessible neighborhoods.
Property details
- MLS #
- 1421680
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 17
- On market date
- August 26, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.0735 acres
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 389
- Student:teacher ratio
- 19.5:1
- District
- Providence
- Enrollment
- 405
- Student:teacher ratio
- 31.2:1
- District
- Achievement First Rhode Island
- Enrollment
- 1,174
- Student:teacher ratio
- 14.5:1
- District
- Providence
Walkability
Blended score for Providence'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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 18 days 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.