INNOVATE Real Estate
Multi Family at 147 Parade Street, Providence
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20 photos

$560,000

147 Parade Street
Providence, RI 02907
Listed by Helene Dominguez
Bedrooms
6
Bathrooms
2
Living area
N/A
Year built
1900

About this home

Large 2-family home conveniently located near schools, shopping, restaurants, public transportation, and major highways. This spacious property features oversized bedrooms, with the 1st-floor unit offering 2 bedrooms and 1 full bath, and the townhouse-style 2nd and 3rd-floor unit featuring 4 bedrooms and 1 full bath. Whether you're an owner occupant looking to offset your mortgage with rental income or an investor seeking a solid addition to your portfolio, this property offers excellent potential and plenty of living space throughout.

Property details

MLS #
1415137
Property type
Multi Family
Subdivision
Armory/West End
Status
Active
Days on market
93
On market date
June 11, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
3
Lot size
0.06 acres

Location

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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
Asa Messer El. School
0.48 mi away · Grades -1-4
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
516
Student:teacher ratio
16.1:1
District
Providence
MiddleCharter
Providence Preparatory Charter
0.14 mi away · Grades 5-6
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
112
Student:teacher ratio
12.4:1
District
Providence Preparatory Charter
High
Providence Career Technical
0.57 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, 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).

87
Highly walkable
out of 100
EPA National Walkability Index
15.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks18
Schools20
Transit stops20
Pharmacies11

Market position

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

On the market 93 days -- 50 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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Adjust tax / insurance estimates
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Est. monthly payment
$3,522/mo
$112,000 down
$448,000 loan
Principal & interest$2,906
Property tax (est.)$467
Home insurance (est.)$150

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