Multi Family at 45 Forest Street, Providence
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25 photos

$975,000

45 Forest Street
Providence, RI 02906
Listed by Brooke Buckett
Bedrooms
5
Bathrooms
4
Living area
N/A
Year built
1910

About this home

Exceptional four-unit property in Providence's highly desirable Mount Hope neighborhood, just steps from Hope Street's beloved cafés, restaurants, & shops and a short distance to Blackstone Boulevard + more. Whether you're an investor or owner-occupant, this exceptional multi-family offers an outstanding opportunity offering 4 clean, turn key units- 3 spacious one-bedroom units and 1 two-bedroom unit, all featuring flexible layouts, grand tall ceilings, abundant natural light, separate gas heating and hot water systems, replacement windows and timeless original woodwork and character. The property offers ample off-street parking with one space per unit, impressive curb appeal, laundry in basement, and a rare walk-up attic with abundant storage and potential for future expansion (subject to approvals), leading to a charming widow's walk (a very unique feature of this incredible property). Ideally located near Blackstone Boulevard, Brown University, downtown Providence, and major highways, offering an easy commute throughout Rhode Island and to Boston. This rare property is ready for its next owner to bring it into its next chapter of life!

Property details

MLS #
1419233
Property type
Multi Family
Subdivision
Mount Hope
Status
Active
Days on market
10
On market date
August 13, 2026
Stories
3
Total bathrooms
4
Garage spaces
N/A
Parking spaces
5
Lot size
0.14 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
0.46 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
0.39 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
0.59 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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks15
Schools20
Transit stops20
Pharmacies9

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
$6,022/mo
$195,000 down
$780,000 loan
Principal & interest$5,059
Property tax (est.)$813
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 24, 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.