Multi Family at 53 55 Fairmount Avenue, Providence
Multi Family at 53 55 Fairmount Avenue, Providence, photo 2 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 3 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 4 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 5 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 6 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 7 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 8 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 9 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 10 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 11 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 12 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 13 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 14 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 15 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 16 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 17 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 18 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 19 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 20 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 21 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 22 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 23 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 24 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 25 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 26 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 27 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 28 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 29 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 30 of 31
Multi Family at 53 55 Fairmount Avenue, Providence, photo 31 of 31
31 photos

$649,900

53 55 Fairmount Avenue
Providence, RI 02908
Listed by Kerri Gemma
Bedrooms
8
Bathrooms
4
Living area
N/A
Year built
1920

About this home

This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accommodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends funcitonality, convenience, and long-term value.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1417240
Property type
Multi Family
Subdivision
Pleasant
Status
Active
Days on market
72
On market date
July 8, 2026
Stories
3
Total bathrooms
4
Garage spaces
N/A
Parking spaces
8
Lot size
0.07 acres
Loading map…

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
George J. West El. School
0.29 mi away · Grades 0-5
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
628
Student:teacher ratio
16.5:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.72 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
405
Student:teacher ratio
31.2:1
District
Achievement First Rhode Island
High
Mount Pleasant High
0.92 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
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).

83
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks10
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 72 days -- 30 more days than Providence's current average of 42 days.
For reference, the median list price across 1,445 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$4,064/mo
$129,980 down
$519,920 loan
Principal & interest$3,372
Property tax (est.)$542
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated September 18, 2026.

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.