Multi Family at 594 596 Hope Street, Providence
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50 photos

$1,050,000

594 596 Hope Street
Providence, RI 02906
Listed by The Hiraldo Group
Bedrooms
7
Bathrooms
3
Living area
N/A
Year built
1910

About this home

Priced below the assessed value, this property presents a unique opportunity to acquire a home in the heart of Providence’s highly desirable East Side and add value with some work and thoughtful improvements. The property offers an exceptional combination of location, neighborhood appeal, and rental potential in one of Providence’s most established and sought-after residential areas. The East Side is celebrated for its charming tree-lined streets, historic architecture, walkable neighborhoods, vibrant café and restaurant scene, independent shops, beautiful parks, and strong sense of community. Just minutes from Brown University, RISD, Waterplace Park, downtown Providence, and the city’s museums and cultural attractions, it is also conveniently located near Wayland Square, Blackstone Boulevard, Hope Village, and an impressive selection of cafés, restaurants, markets, and local businesses. The area’s proximity to major universities, downtown employment centers, medical and educational institutions, and everyday amenities contributes to consistent demand for housing and makes the East Side a highly desirable location for renters. With its prime location, below-assessed-value pricing, and potential for improvement, this property offers investors the opportunity to renovate, enhance its appeal, and capitalize on the long-term rental potential of one of Providence’s most established and desirable neighborhoods.

Highlights

Fireplace

Property details

MLS #
1423839
Property type
Multi Family
Subdivision
East Side
Status
Active
Days on market
N/A
On market date
September 28, 2026
Stories
3
Total bathrooms
3
Garage spaces
4
Parking spaces
6
Lot size
0.1089 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Martin Luther King El. School
0.49 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
366
Student:teacher ratio
15.3:1
District
Providence
Middle
Nathan Bishop Middle
0.29 mi away · Grades 6-8
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
636
Student:teacher ratio
13.3:1
District
Providence
High
Hope High School
0.59 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
943
Student:teacher ratio
14.3:1
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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks15
Schools20
Transit stops20
Pharmacies9

Market position

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

On the market 0 days -- 42 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,258 active listings in Providence right now is $449,900.

Mortgage calculator

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

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Est. monthly payment
$6,473/mo
$210,000 down
$840,000 loan
Principal & interest$5,448
Property tax (est.)$875
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 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.