Multi Family at 216 Ocean Street, Providence

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25 photos

$550,000

216 Ocean Street

Providence, RI 02905

Listed by Elizabeth Jimenez

Bedrooms

Bathrooms

Living area

N/A

Year built

1942

About this home

Welcome to this excellent investment or owner-occupant opportunity! This well-maintained two-family home offers a prime Providence location with convenient access to major highways, hospitals, medical offices, shopping, parks, and Downtown Providence. The property also features a finished basement with an in-law setup. A versatile property with outstanding income and multi-generational living potential.

Property details

MLS #: 1418056
Property type: Multi Family
Subdivision: N/A
Status: Active
Days on market: 29
On market date: July 16, 2026
Stories: 2
Total bathrooms: 3
Garage spaces: N/A
Parking spaces: 8
Lot size: 0.1162 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.

ElementaryCharter

The Hope Academy

0.21 mi away · Grades 0-7

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: 286
Student:teacher ratio: 11.9:1
District: The Hope Academy

Middle

Roger Williams Middle

0.13 mi away · Grades 6-8

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: 735
Student:teacher ratio: 13.6:1
District: Providence

High

360 High School

0.08 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: 323
Student:teacher ratio: 12.9:1
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).

Highly walkable

out of 100

EPA National Walkability Index

15.7 / 20 -- Most walkable

Google Places amenity density

100 / 100

Restaurants & cafes20

Grocery stores20

Parks13

Schools20

Transit stops20

Pharmacies9

Market position

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

On the market 29 days -- 14 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

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$3,462/mo

$110,000 down

$440,000 loan

Principal & interest$2,854

Property tax (est.)$458

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated August 31, 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.