Multi Family at 232 Power Street, Providence
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$569,900

232 Power Street
Providence, RI 02906
Listed by David Dunne
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
1930

About this home

Welcome to 232 Power Street, a multi-family property ideally located in Providence’s highly desirable East Side / Fox Point neighborhood. This property features two one-bedroom units and offers an excellent opportunity for an owner-occupant or investor. The home features a maintenance-free vinyl exterior and newer metal roof, providing added durability and peace of mind. Its location within walking distance of Brown University and the Rhode Island School of Design (RISD) creates excellent rental potential, particularly for those seeking convenient access to Providence’s renowned academic institutions. Enjoy the many restaurants, cafes, shops, waterfront attractions, and amenities of Fox Point, with downtown Providence also nearby. The third floor offers potential for additional living space or expansion, subject to zoning and necessary approvals. With two existing units, desirable low-maintenance features, and potential for additional space, 232 Power Street presents an exciting opportunity in one of Providence’s sought-after neighborhoods.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1424068
Property type
Multi Family
Subdivision
East Side / Fox Point
Status
Active
Days on market
10
On market date
September 22, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.0574 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
Vartan Gregorian El. School
0.33 mi away · Grades 0-5
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
243
Student:teacher ratio
11.6:1
District
Providence
Middle
Nathan Bishop Middle
1.16 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
636
Student:teacher ratio
13.3:1
District
Providence
High
Hope High School
0.93 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
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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

88
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable

Market position

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

On the market 10 days -- 32 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,455 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
$3,582/mo
$113,980 down
$455,920 loan
Principal & interest$2,957
Property tax (est.)$475
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 20 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.