197 Althea Street
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$459,900

197 Althea Street
Providence, RI 02909
Listed by Berlin Hernandez
Bedrooms
6
Bathrooms
3.1
Living area
2,845 sqft
Year built
1929

About this home

Unlock the possibilities in this exceptionally spacious single-family property offering approximately 2,245 square feet of living space, six bedrooms, and three-and-a-half bathrooms. Ideal for investors, developers, or an owner-occupant seeking additional space and long-term value, this property offers multiple potential configurations. Situated on an R-3 zoned lot, the home may offer potential for conversion into a two-family or three-family residence, subject to municipal zoning, permitting, and approval requirements. The expansive basement also presents possible accessory dwelling unit or additional living-space potential. Adding even more value is a separate rear garage structure with more than 900 square feet of space, offering exciting possibilities for storage, a workshop, studio, office, or potential accessory dwelling unit conversion, subject to all required approvals. With its substantial square footage, flexible layout, multiple bedrooms and bathrooms, and additional detached structure, this property is a rare opportunity for investors looking to renovate, reposition, and maximize its income-producing potential. Bring your vision and explore the many possibilities this unique property has to offer. Buyer and buyer’s agent to perform all due diligence regarding zoning, legal use, unit conversion, ADU possibilities, permits, and municipal requirements. Property to be sold in as-is condition.

Property details

MLS #
1419517
Property type
Single Family Residence
Subdivision
West End
Status
Active
Days on market
22
On market date
July 31, 2026
Stories
N/A
Garage spaces
3
Lot size
0.1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Alfred Lima Sr. El School
0.47 mi away · Grades 2-5
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
435
Student:teacher ratio
14.5:1
District
Providence
MiddleCharter
Providence Preparatory Charter
0.47 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
0.89 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

Mortgage calculator

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Est. monthly payment
$2,920/mo
$91,980 down
$367,920 loan
Principal & interest$2,386
Property tax (est.)$383
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 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.