Multi Family at 58 60 Alverson Avenue, Providence
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41 photos

$649,000

58 60 Alverson Avenue
Providence, RI 02909
Listed by Stateline Team
Bedrooms
7
Bathrooms
3
Living area
N/A
Year built
1910

About this home

Excellent opportunity to own a legal 3-family at 58 Alverson Ave in Providence! This well-maintained property is in great condition and offers strong potential for both owner-occupants and investors. Live in one unit while generating rental income from the others, or add a solid income-producing property to your investment portfolio. With three legal units and excellent rental potential, this property is ready for its next owner. Conveniently located near shopping, dining, highways, and everyday amenities. Don’t miss this opportunity to own a great multi-family property in Providence!

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1423360
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
7
On market date
September 16, 2026
Stories
3
Total bathrooms
3
Garage spaces
2
Parking spaces
5
Lot size
0.11 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
Frank D. Spaziano Elem School
0.16 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
378
Student:teacher ratio
15.1:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.23 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
405
Student:teacher ratio
31.2:1
District
Achievement First Rhode Island
High
Mount Pleasant High
1.74 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
1,174
Student:teacher ratio
14.5:1
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).

84
Highly walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks9
Schools16
Transit stops20
Pharmacies4

Market position

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

On the market 7 days -- 35 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,397 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
$4,058/mo
$129,800 down
$519,200 loan
Principal & interest$3,368
Property tax (est.)$541
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 22 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.