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$875,000

311 Plainfield Street
Providence, RI 02909
Listed by Freddy Vasquez
Bedrooms
8
Bathrooms
4
Living area
N/A
Year built
1900

About this home

Excellent mixed-use investment opportunity in the heart of Providence! This three-story building features a former restaurant/commercial space on the first floor and two spacious residential apartments above, each offering 3 bedrooms and 1 bath. Located on a high-visibility, high-traffic corridor, the property is ideal for investors, entrepreneurs, or owner-occupants seeking both residential and commercial income potential. Conveniently located minutes from downtown Providence, major highways, shopping, and public transportation. The property requires renovation and is being sold as-is, making it an excellent value-add opportunity for the right buyer

Property details

MLS #
1416941
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
July 2, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
4
Lot size
0.05 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
Webster Avenue School
0.27 mi away · Grades 0-5
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
311
Student:teacher ratio
15.6:1
District
Providence
MiddleCharter
AF Providence Mayoral Middle
0.47 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
Providence Career Technical
1.35 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).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks15
Schools20
Transit stops20
Pharmacies5

Market position

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

On the market 0 days -- 43 fewer 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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Est. monthly payment
$5,419/mo
$175,000 down
$700,000 loan
Principal & interest$4,540
Property tax (est.)$729
Home insurance (est.)$150

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