Multi Family at 127 Indiana Avenue, Providence
1 photo

$550,000

127 Indiana Avenue
Providence, RI 02905
Listed by Charles Eldred
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
1924

About this home

Welcome to 127 Indiana Avenue! Fantastic opportunity to own this spacious two-family property in Providence! Perfect for owner-occupants or investors looking to add to their portfolio. The first-floor unit features 2 bedrooms and 1 full bathroom, while the generously sized second-floor unit offers 4 bedrooms and 1 full bathroom. With a total of 6 bedrooms and 2 bathrooms, this property offers excellent rental income potential and flexible living arrangements. A two-car garage adds convenience and valuable storage space. Whether you’re looking to live in one unit and rent the other or take advantage of a multifamily investment opportunity, this property has plenty to offer. Don’t miss out—schedule your showing today!

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1426250
Property type
Multi Family
Subdivision
Washington Park
Status
Active
Days on market
N/A
On market date
October 16, 2026
Stories
3
Total bathrooms
2
Garage spaces
2
Parking spaces
4
Lot size
0.0735 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
Alan Shawn Feinstein Elem.
0.43 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
327
Student:teacher ratio
14.9:1
District
Providence
Middle
Roger Williams Middle
0.95 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
735
Student:teacher ratio
13.6:1
District
Providence
High
W B Cooley & Acad Internationa
0.85 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
319
Student:teacher ratio
11.4:1
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 stores7
Parks5
Schools14
Transit stops20
Pharmacies3

Market position

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

On the market 0 days -- 42 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,407 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
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 13 hr 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.