$1,195,000
About this home
A rare four-unit opportunity ideally located in the heart of Wayland Square on Providence’s desirable East Side. The property is currently fully rented and offers an attractive combination of immediate income and future owner-occupancy potential. The spacious first apartment features approximately 1,100 square feet with two bedrooms, one full bath and four separate entry doors. The second apartment is a studio, while the third and fourth apartments each offer one bedroom and one bath. Additional features include vinyl replacement windows, stainless-steel appliances and two off-street parking spaces. Continue operating the property as a fully occupied investment or explore the opportunity to occupy the larger first-floor apartment while collecting income from the remaining three units. Its highly walkable Wayland Square location places shops, cafés, restaurants and neighborhood conveniences close at hand. The individual apartments may also offer short-term-rental potential, subject to applicable Providence regulations, licensing and approvals. Don't miss this one!
Highlights
Property details
- MLS #
- 1421784
- Property type
- Multi Family
- Subdivision
- Wayland
- Status
- Active
- Days on market
- N/A
- On market date
- October 5, 2026
- Stories
- 3
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- 2
- Lot size
- 0.05 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
- 636
- Student:teacher ratio
- 13.3:1
- District
- Providence
- Enrollment
- 943
- Student:teacher ratio
- 14.3:1
- 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).
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 4 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.