Multi Family at 54 56 Grand View Street, Providence
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43 photos

$1,299,900

54 56 Grand View Street
Providence, RI 02906
Listed by Lindsay Pettinelli
Bedrooms
6
Bathrooms
5
Living area
N/A
Year built
1880

About this home

Down to the studs renovated, this like new side by side 2 family located in the Mount Hope neighborhood of the East Side blends modern updates with thoughtful design across three levels of living. With one unit rented at $5200 per month, it is possible to owner occupy this unit with only 10% down and pay under $3500 per month out of pocket covering principle, interest taxes & insurance for qualified buyers. The interiors, a mirror image of one another, feature new hardwood flooring throughout, ductless air conditioning, updated electric panels, and welcoming sunroom entries that serve perfectly as a mudroom or additional flex space. The first floor offers an open and functional layout with an updated kitchen featuring peninsula seating, designated dining area, spacious living room, and convenient half bath. On the second floor, you’ll find two generously sized bedrooms with access to a full bath complete with tub and shower, along with a stacked laundry area for added convenience. The newly added third floor is dedicated entirely to a stunning primary suite featuring two closets including a large walk in, and a luxurious full bathroom. Each unit includes two parking spaces, private fenced backyard space, basement storage, and the benefit of entirely updated systems and finishes throughout. Ideally located near local shops, restaurants, universities, and commuter routes, this turnkey multi offers low maintenance living in one of Providence’s most sought after neighborhoods.

Property details

MLS #
1417747
Property type
Multi Family
Subdivision
Mt. Hope
Status
Active
Days on market
20
On market date
July 13, 2026
Stories
3
Total bathrooms
5
Garage spaces
N/A
Parking spaces
4
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
Martin Luther King El. School
0.51 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
0.65 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
Hope High School
0.69 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
943
Student:teacher ratio
14.3:1
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).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks14
Schools20
Transit stops20
Pharmacies9

Market position

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

On the market 20 days -- 23 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
$7,978/mo
$259,980 down
$1,039,920 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 3, 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.