Multi Family at 6 Shafter Street, Providence
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19 photos

$620,000

6 Shafter Street
Providence, RI 02909
Listed by Giana Valelli
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1930

About this home

Extensively renovated and carefully converted from a single-family home into a turnkey two-family, this like-new property features two fully updated units ready for immediate occupancy. Each unit offers a bright layout with a living room electric fireplace, its own private deck, and mini-split systems in every room for efficient heating and cooling. New kitchens, baths, flooring, and fixtures position both units for strong rental appeal and income potential. Exterior updates include new vinyl siding and stamped concrete along the side of the home. The basement offers shared laundry, and stainless steel appliances will be installed in both units prior to closing. A great investment opportunity in the capital city! Ideal for investors or owner-occupants seeking rental income in a high-demand location. Strong potential for market rents with nothing left to do but collect.

Highlights

FireplaceNew construction

Property details

MLS #
1411830
Property type
Multi Family
Subdivision
Silver Lake
Status
Active
Days on market
10
On market date
May 5, 2026
Stories
2
Total bathrooms
2
Garage spaces
1
Parking spaces
1
Lot size
0.0914 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Webster Avenue School
0.23 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 Iluminar Mayoral Middle Sch
0.64 mi away · Grades 5-7
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
307
Student:teacher ratio
16.2:1
District
Achievement First Rhode Island
High
Dr. Jorge Alvarez HS
1.37 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
681
Student:teacher ratio
13.1:1
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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks10
Schools19
Transit stops20
Pharmacies6

Market position

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

On the market 10 days -- 32 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,293 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
$3,884/mo
$124,000 down
$496,000 loan
Principal & interest$3,217
Property tax (est.)$517
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 16, 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.