Multi Family at 549 Douglas Avenue, Providence
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15 photos

$875,000

549 Douglas Avenue
Providence, RI 02908
Listed by Kenneth Scotti
Bedrooms
9
Bathrooms
6
Living area
N/A
Year built
2026

About this home

Welcome to Providence’s highly desirable Providence College / Elmhurst neighborhood! This brand-new THREE-FAMILY offers an exceptional opportunity for both investors and owner-occupants in a premier location within walking distance to Providence College. Each spacious unit offers approximately 1,200 square feet of living space, featuring 3 bedrooms and 2 full bathrooms, along with gas heat, CENTRAL AIR, separate utilities, and a dedicated house meter. A maintenance-free vinyl exterior and all-new construction provide the ease and efficiency of turnkey ownership. Investors, take note of the outstanding potential for student rental income with Providence College just steps away. Owner-occupants can enjoy the benefits of BRAND-NEW CONSTRUCTION while generating income from the additional units. Additional features include a FULL UNFINISHED BASEMENT with walkout access, offering excellent storage and future possibilities. Estimated completion late 2026 / January 2027. Call today for additional details or to schedule a private showing!

Highlights

New construction

Property details

MLS #
1424912
Property type
Multi Family
Subdivision
Pc
Status
Active
Days on market
N/A
On market date
October 2, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
N/A
Parking spaces
4
Lot size
0.0735 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Veazie Street School
0.5 mi away · Grades 0-5
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
539
Student:teacher ratio
16.3:1
District
Providence
Middle
Esek Hopkins Middle
0.49 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
492
Student:teacher ratio
13.3:1
District
Providence
HighCharter
Times2 Middle/High School
0.58 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).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks16
Schools18
Transit stops20
Pharmacies5

Market position

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

On the market 0 days -- 42 fewer days than Providence's current average of 42 days.
For reference, the median list price across 1,294 active listings in Providence right now is $449,950.

Mortgage calculator

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

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Est. monthly payment
$5,419/mo
$175,000 down
$700,000 loan
Principal & interest$4,540
Property tax (est.)$729
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 1 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.