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Real Estate
No photos available for this listing

$1,100,000

407 Benefit Street
Providence, RI 02903
Listed by Spencer Kelleher
Bedrooms
5
Bathrooms
5
Living area
N/A
Year built
1870

About this home

Welcome to 407 Benefit St, a legal 4-unit building in the heart of Brown and RISD's campus, being offered for sale "as is". This 4 unit building, with an additional finished bonus space, offers significant upside and rent growth for investors. The location speaks for itself. Incredibly strong rental demand. Separate mechanicals, shared laundry, and a large yard. Potential to convert the finished space into an ADU.

Property details

MLS #
1420707
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 14, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.1062 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Vartan Gregorian El. School
0.38 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
243
Student:teacher ratio
11.6:1
District
Providence
Middle
Urban Collaborative Program
1.04 mi away · Grades 7-8
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
108
Student:teacher ratio
10.8:1
District
Urban Collaborative
HighCharter
Village Green Virtual
0.56 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
217
Student:teacher ratio
9.4:1
District
Village Green Virtual

Mortgage calculator

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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 6 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.