$749,000
About this home
Introducing 86 Transit Street, a two-family property in the heart of Providence's East Side, just steps from Brown University and RISD. Great opportunity for owner-occupants. This versatile property includes a finished bonus space on the 1st floor, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants and traditional rentals, or potential short term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property will be delivered vacant
Property details
- MLS #
- 1421996
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 32
- On market date
- August 31, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- 2
- Lot size
- 0.0345 acres
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 243
- Student:teacher ratio
- 11.6:1
- District
- Providence
- Enrollment
- 108
- Student:teacher ratio
- 10.8:1
- District
- Urban Collaborative
- Enrollment
- 217
- Student:teacher ratio
- 9.4:1
- District
- Village Green Virtual
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).
Market position
How this listing compares to current activity in Providence, from live MLS data.
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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.