INNOVATE Real Estate
Multi Family at 38 Mitchell Street, Providence
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46 photos

$782,000

38 Mitchell Street
Providence, RI 02907
Listed by Jose Duce Rocher
Bedrooms
9
Bathrooms
3
Living area
N/A
Year built
1910

About this home

38 Mitchell St in Providence’s Elmwood neighborhood is a solid cash-flowing investment opportunity. This 3 family multi-unit property situated on a corner lot offers 9 bedrooms, 3.5 bathrooms, and bonus rooms with each unit recently updated for low maintenance and strong rental appeal. The upper unit features central air, while the lower units feature baseboard heating. A large basement provides ample storage space. The property also includes both on-street and off-street parking, plus a security system. Turnkey asset with immediate income potential in a strong rental market. Easy to show. Book appointment today.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1418161
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
26
On market date
July 20, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
8
Lot size
0.0643 acres

Location

Get directions →
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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
Highlander Elementary Charter
0.16 mi away · Grades -1-6
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
270
Student:teacher ratio
11.3:1
District
Highlander
Middle
Gilbert Stuart Middle School
0.46 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
790
Student:teacher ratio
12.5:1
District
Providence
HighCharter
Paul Cuffee Upper School
0.38 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
265
Student:teacher ratio
9.8:1
District
Paul Cuffee Charter Sch

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).

85
Highly walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies9

Market position

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

On the market 26 days -- 16 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,445 active listings in Providence right now is $449,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,859/mo
$156,400 down
$625,600 loan
Principal & interest$4,058
Property tax (est.)$652
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 16, 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.