Multi Family at 346 Douglas Avenue, Providence
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$549,900

346 Douglas Avenue
Providence, RI 02908
Listed by David Zuller
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1900

About this home

Fantastic opportunity in the heart of Providence's desirable Wanskuck neighborhood! This well-maintained two-family home offers the flexibility today's buyers are looking for. Whether you're an investor seeking a turnkey income-producing property or an owner-occupant looking to offset your mortgage with rental income, this property checks all the boxes. Seller is willing to deliver one unit vacant at closing, making it an excellent opportunity for buyers looking to move right in while generating income from the second unit. Each unit features 2 bedrooms and 1 full bathroom and has been tastefully updated with modern kitchens and refreshed bathrooms, creating comfortable and inviting living spaces. Recent exterior improvements include maintenance-free vinyl siding and a roof that's only six years old, providing added peace of mind for years to come. Conveniently located near shopping, restaurants, schools, public transportation, and major highways, this property offers easy access to everything Providence has to offer. With strong rental potential, quality updates, and the option for owner occupancy, this is a rare opportunity to own a versatile multi-family in one of Providence's most convenient neighborhoods.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1417142
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
77
On market date
July 7, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.05 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
Harry Kizirian Elementary
0.2 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
563
Student:teacher ratio
17.1:1
District
Providence
Middle
Nathanael Greene Middle
0.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
907
Student:teacher ratio
15.4:1
District
Providence
HighCharter
Times2 Middle/High School
0.26 mi away · Grades 6-12
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
403
Student:teacher ratio
14.9:1
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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores19
Parks20
Schools20
Transit stops20
Pharmacies9

Market position

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

On the market 77 days -- 35 more days than Providence's current average of 42 days.
For reference, the median list price across 1,476 active listings in Providence right now is $449,000.

Mortgage calculator

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

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Est. monthly payment
$3,462/mo
$109,980 down
$439,920 loan
Principal & interest$2,853
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 September 22, 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.