Multi Family at 61 Stanwood Street, Providence
Multi Family at 61 Stanwood Street, Providence, photo 2 of 11
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11 photos

$860,000

61 Stanwood Street
Providence, RI 02907
Listed by Rafael Delacruz
Bedrooms
7
Bathrooms
4
Living area
N/A
Year built
1922

About this home

Welcome to 61 Stanwood Street, a large, solid, and well-maintained three-family home located in a central and convenient area of Providence. This property offers an excellent opportunity for both investors seeking strong rental potential and owner-occupants looking to offset their mortgage with rental income. The building features spacious units, well-kept interiors, and additional attic space for storage. Recent improvements include a young roof and updated siding, providing peace of mind and reduced maintenance costs for the next owner. Conveniently located near schools, hospitals, restaurants, shopping, and entertainment, with easy access to major highways, this property is ideal for tenants and homeowners alike. Strong location, solid construction, and income-producing potential make this a must-see multifamily property. Whether you’re expanding your portfolio or looking for a smart owner-occupied investment, 61 Stanwood Street delivers space, location, and long-term value.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1403650
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
128
On market date
January 22, 2026
Stories
4
Total bathrooms
4
Garage spaces
2
Parking spaces
6
Lot size
0.09 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.

ElementaryCharter
Nuestro Mundo Public Charter S
0.28 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
136
Student:teacher ratio
68.0:1
District
Nuestro Mundo Public Charter
Middle
Gilbert Stuart Middle School
0.32 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
0.43 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

84
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable

Market position

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

On the market 128 days -- 86 more days than Providence's current average of 42 days.
For reference, the median list price across 1,468 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
$5,329/mo
$172,000 down
$688,000 loan
Principal & interest$4,462
Property tax (est.)$717
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated May 31, 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.