Multi Family at 423 Atwells Avenue, Providence
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$899,000

423 Atwells Avenue
Providence, RI 02909
Listed by A Bruneau Team
Bedrooms
5
Bathrooms
3.5
Living area
N/A
Year built
1930

About this home

LIVE. INVEST. OWN ON ATWELLS. A rare mixed-use opportunity in the heart of Federal Hill featuring two residential units plus commercial space along one of Providence’s best-known corridors. The first floor is home to a long-standing salon that has operated at the property since 2007. The second and third floors each offer a bright two-bedroom apartment with an additional room ideal for a home office or walk-in closet. Both feature sun-filled living rooms, hardwood floors, original architectural details, and eat-in kitchens with adjoining galley areas. The second-floor apartment also features a beautifully renovated bathroom completed in April 2026. The third-floor apartment is currently vacant, offering flexibility for an owner-occupant or the ability to select a new tenant. Recent improvements by the current owners include a complete roof replacement in November 2023 and the renovated second-floor bathroom. The property also benefits from two newer boilers, an updated HVAC system, and newer exterior siding. With commercial and residential tenants already in place, plus additional income potential from the vacant third-floor unit, 423 Atwells presents a compelling opportunity for investors and owner-occupants alike. *Property has lead certs for all units.

Property details

MLS #
1423103
Property type
Multi Family
Subdivision
Federal Hill
Status
Active
Days on market
4
On market date
September 17, 2026
Stories
3
Total bathrooms
3.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.0517 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Carl G. Lauro El. School
0.33 mi away · Grades 0-5
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
553
Student:teacher ratio
12.9:1
District
Providence
Middle
West Broadway Middle School
0.52 mi away · Grades 5-8
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
498
Student:teacher ratio
15.1:1
District
Providence
High
Providence Career Technical
0.71 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
659
Student:teacher ratio
9.8:1
District
Providence

Walkability

Blended score for Providence's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

97
Highly walkable
out of 100
EPA National Walkability Index
18.8 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

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

On the market 4 days -- 38 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,141 active listings in Providence right now is $440,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,564/mo
$179,800 down
$719,200 loan
Principal & interest$4,665
Property tax (est.)$749
Home insurance (est.)$150

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