Multi Family at 559 Branch Avenue, Providence
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50 photos

$475,000

559 Branch Avenue
Providence, RI 02904
Listed by Lindsay Pettinelli
Bedrooms
4
Bathrooms
2.5
Living area
N/A
Year built
1920

About this home

Exceptional mixed-use opportunity offering flexibility for investors, owner-occupants, and business owners alike. The first floor features a versatile commercial space with a history of successful use as both a church and retail storefront. Large front windows provide excellent visibility, natural light, and endless possibilities for a variety of business concepts. The commercial level also includes additional storage space, a dedicated rear room, and a bathroom. Above, the property offers two updated residential apartments. The second-floor unit features three bedrooms, an updated kitchen, spacious living and dining area, and a generously sized bathroom. The third-floor unit offers two bedrooms, an updated kitchen, and a comfortable living room. The property is equipped with a hardwired fire alarm and smoke detection system that is up to code and recently inspected, providing peace of mind for owners and tenants. Outside, enjoy a sizable backyard with a covered pergola, creating additional space for outdoor gatherings, recreation, or potential tenant amenities. Conveniently located with easy access to major highways, shopping, restaurants, and downtown Providence, this property presents a rare opportunity to own a versatile income-producing asset with multiple potential uses.

Property details

MLS #
1417754
Property type
Multi Family
Subdivision
Wanskuck
Status
Active
Days on market
58
On market date
July 13, 2026
Stories
3
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
3
Lot size
0.07 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
Veazie Street School
0.54 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
539
Student:teacher ratio
16.3:1
District
Providence
Middle
Esek Hopkins Middle
0.32 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
492
Student:teacher ratio
13.3:1
District
Providence
High
E-Cubed Academy
0.56 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
330
Student:teacher ratio
9.4:1
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).

90
Highly walkable
out of 100
EPA National Walkability Index
16.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks11
Schools11
Transit stops20
Pharmacies6

Market position

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

On the market 58 days -- 15 more 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
$3,011/mo
$95,000 down
$380,000 loan
Principal & interest$2,465
Property tax (est.)$396
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated September 10, 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.