$810,000
About this home
Welcome to 347-351 Douglas Ave, a unique mixed-use opportunity for both owner-occupants and investors! Situated side-by-side on one lot, this versatile property consists of two separate buildings: a spacious three-family residence and a detached commercial/business building. 347 Douglas Ave features three residential units, each offering 3 bedrooms, 1 full bathroom, a kitchen, and double parlors, along with a full unfinished basement. 351 Douglas Ave is a detached commercial building featuring a bathroom, back room, and full unfinished basement, offering flexible space for a variety of potential business or commercial uses. The property is currently rented with the exception of the second-floor residential unit, presenting an excellent opportunity for an owner-occupant to enjoy the benefits of rental income while living on-site. Conveniently located with easy access to Downtown Providence, major hospitals, universities, shopping, dining, parks, public transportation, and I-95. A rare mixed-use property offering multiple income-producing possibilities and excellent potential for investors and owner-occupants alike.
Property details
- MLS #
- 1423015
- Property type
- Multi Family
- Subdivision
- Pc
- Status
- Active
- Days on market
- N/A
- On market date
- October 1, 2026
- Stories
- 3
- Total bathrooms
- 3.5
- Garage spaces
- N/A
- Parking spaces
- 6
- Lot size
- 0.0896 acres
Location
Get directions →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).
- Enrollment
- 563
- Student:teacher ratio
- 17.1:1
- District
- Providence
- Enrollment
- 907
- Student:teacher ratio
- 15.4:1
- District
- Providence
- 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).
Market position
How this listing compares to current activity in Providence, from live MLS data.
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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 9 hr 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.