Multi Family at 211 Carpenter Street, Providence

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48 photos

$1,025,000

211 Carpenter Street

Providence, RI 02903

Listed by The Blackstone Team

Bedrooms

Bathrooms

Living area

N/A

Year built

1900

About this home

Set in the heart of sought-after Luongo Square on Providence’s eclectic West Side, 211 Carpenter is a legal three-family, each unit with 2 beds and 1 bath, with the added bonus of a gorgeous studio ADU recently converted from the existing two-car garage. Purchase as a cash-flowing four-unit property or purchase to owner occupy the updated third floor, which can be delivered vacant at closing. The layouts of the first two floors are identical: 1220 sqft of living space, with large living rooms, dining rooms, and spacious kitchens. Each unit has two fireplaces with marble mantelpieces: the kind of detail tenants look for when renting in this neighborhood. Due to long-term tenancies on these two floors, the rents are under-market at $1900 (could easily be $2200, or more with some minor cosmetic updates). The stand-alone studio is currently leased for $1600. Updated systems, vinyl siding, newer windows, and a young roof. This is a perfect West Side location within close proximity to many restaurants, coffee shops, and bars, plus easy access to downtown and I-95.

Highlights

Fireplace

Property details

MLS #: 1424418
Property type: Multi Family
Subdivision: Historic Broadway
Status: Active
Days on market: N/A
On market date: September 30, 2026
Stories: 3
Total bathrooms: 4
Garage spaces: N/A
Parking spaces: 3
Lot size: 0.0877 acres

Location

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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

Carl G. Lauro El. School

0.15 mi away · Grades 0-5

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: 553
Student:teacher ratio: 12.9:1
District: Providence

Middle

Urban Collaborative Program

0.27 mi away · Grades 7-8

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 108
Student:teacher ratio: 10.8:1
District: Urban Collaborative

High

Providence Career Technical

0.27 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 659
Student:teacher ratio: 9.8:1
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).

Highly walkable

out of 100

EPA National Walkability Index

18.2 / 20 -- Most walkable

Google Places amenity density

100 / 100

Restaurants & cafes20

Grocery stores20

Parks20

Schools20

Transit stops20

Pharmacies8

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 1,278 active listings in Providence right now is $449,900.

Mortgage calculator

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$6,323/mo

$205,000 down

$820,000 loan

Principal & interest$5,319

Property tax (est.)$854

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 24 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.