Multi Family at 101 River Avenue, Providence
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37 photos

$525,000

101 River Avenue
Providence, RI 02908
Listed by Kyle Seyboth
Bedrooms
5
Bathrooms
3
Living area
N/A
Year built
1915

About this home

Exceptional investment opportunity in Providence! This well-maintained three-family property offers immediate rental income with all units tenant occupied, making it an ideal addition to any investment portfolio. The building features three spacious units. Off-street parking adds convenience and enhances rental appeal. Home was fully insulated recently in 2018, has new windows (installed 2021), roof fairly new (front half in 2016, back half in 2023). Located in the highly sought-after Elmhurst neighborhood, this property is just minutes from Providence College and Rhode Island College. Enjoy easy access to Downtown Providence, renowned restaurants, shopping, entertainment, and major employment centers. Close to neighborhood favorites including La Salle Bakery, local cafés, grocery stores, and everyday conveniences. Conveniently located near Route 6, Route 146, Interstate 95, and Interstate 295. Minutes from Providence Place Mall, Wanskuck Park, public transportation, healthcare, and schools, making this an outstanding investment in a prime Providence location.

Property details

MLS #
1419261
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
44
On market date
August 2, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
5
Lot size
0.09 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.

ElementaryCharter
Paul Cuffee Lower School
0.49 mi away · Grades 0-5
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
361
Student:teacher ratio
11.6:1
District
Paul Cuffee Charter Sch
Middle
Nathanael Greene Middle
0.4 mi away · Grades 6-8
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
907
Student:teacher ratio
15.4:1
District
Providence
HighCharter
Times2 Middle/High School
0.92 mi away · Grades 6-12
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
403
Student:teacher ratio
14.9:1
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).

85
Highly walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks15
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 44 days -- 1 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
$3,312/mo
$105,000 down
$420,000 loan
Principal & interest$2,724
Property tax (est.)$438
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 21 days ago.

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.