Multi Family at 164 Magnolia Street, Providence
1 photo

$749,900

164 Magnolia Street
Providence, RI 02909
Listed by Dhamarys Murillo
Bedrooms
6
Bathrooms
4
Living area
N/A
Year built
2026

About this home

Discover modern living in this stunning new construction two-family home, thoughtfully designed with quality craftsmanship and contemporary finishes. Each spacious unit offers 3 bedrooms and 2 full bathrooms, including a private primary suite with its own en-suite bath, plus two additional bedrooms and a second full bathroom. Designed with comfort and style in mind, each unit features hardwood floors, central heating and air conditioning, in-unit laundry, and a full package of brand-new appliances. The expansive unfinished basement offers excellent potential for future living space, storage, or additional possibilities. Conveniently located in the heart of the city, you'll enjoy quick access to hospitals, schools, major highways, the airport, shopping, pharmacies, restaurants, and downtown Providence. Whether you're looking for an owner-occupied home or an outstanding investment opportunity, this property offers the perfect combination of quality construction, location, and value. Estimated completion: September 2026. Schedule your private showing today!

Property details

MLS #
1418409
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
10
On market date
July 20, 2026
Stories
2
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.0689 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
Webster Avenue School
0.22 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
311
Student:teacher ratio
15.6:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.6 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
Providence Career Technical
1.29 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).

91
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks16
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 10 days -- 33 fewer days than Providence's current average of 43 days.
For reference, the median list price across 1,346 active listings in Providence right now is $450,000.

Mortgage calculator

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

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Est. monthly payment
$4,666/mo
$149,980 down
$599,920 loan
Principal & interest$3,891
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 31, 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.