Multi Family at 1172 Main Street, Providence
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$699,900

1172 Main Street
Providence, RI 02904
Listed by Melody Glenn
Bedrooms
9
Bathrooms
3
Living area
N/A
Year built
1900

About this home

How often do you find a 3-Family Investment property with two garages? Not often, but you do here at 1172 North Main St! This spacious three unit property offers strong income potential, an excellent location, and opportunities for future growth. Each generously sized unit features three bedrooms with potential for increased rental income. 2 detached garages provides an additional revenue stream for the current owner and offers potential for an accessory dwelling unit (ADU), subject to municipal approvals. The property features low-maintenance vinyl siding, gas heat, hardwood floors, off street parking, and a three year old roof. The basement features 3 separate utilities for each unit, potential for a laundry room, and tenant storage. Zoned C-2 Commercial, the property offers flexibility for a variety of potential uses and future development opportunities, subject to applicable zoning and permitting requirements. Conveniently situated near major highways, Whole Foods, LA Fitness, restaurants, shopping, the East Side of Providence, and downtown, this location offers great vicinity to public transportation, and a car-free lifestyle. For investors seeking to expand their portfolio, the property may also be purchased as a package with 1166 North Main Street, the 3 family right next door, and possibly a third lot. We hope you will come take a look at this wonderful opportunity for your residential and investment needs!

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1426441
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
October 19, 2026
Stories
3
Total bathrooms
3
Garage spaces
2
Parking spaces
6
Lot size
0.11 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
Martin Luther King El. School
1.06 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
0.92 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
Charles E. Shea High School
1.14 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
925
Student:teacher ratio
14.7:1
District
Pawtucket

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).

90
Highly walkable
out of 100
EPA National Walkability Index
16.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks14
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 1,435 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
$4,365/mo
$139,980 down
$559,920 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 15 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.