The median home value in Providence, RI is $425,000.
This is
higher than
the county median home value of $320,000.
The national median home value is $308,980.
The average price of homes sold in Providence, RI is $425,000.
Approximately 31% of Providence homes are owned,
compared to 56% rented, while
13% are vacant.
Providence real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Providence real estate agent to arrange a tour today!
Learn more about Providence.
21 Russo Street presents a solid investment opportunity in a strong rental market. This well-maintained 6-unit residential building consists of all 2-bedroom, 1-bathroom units, fully leased and generating over $8,000 per month in rental income. With 100% occupancy, the property offers dependable cash flow from day one, along with potential to increase rents and overall property value through strategic upgrades. Ideal for investors seeking a low-vacancy asset with upside potential. Located in a desirable area with stable tenant demand, 21 Russo Street is a smart addition to any portfolio. Can also be sold as a package with 65 Russo Street.
Welcome to 65 Russo Street, a prime investment opportunity in a high-demand rental area. This fully occupied 6-unit residential building features all 2-bedroom, 1-bathroom units, generating over $8,000 in monthly rental income with solid long-term tenants in place. The property offers immediate cash flow and significant upside potential through value-add improvements and rental rate increases. Additionally, there is an exclusive opportunity to purchase an adjacent vacant lot ideal for future development or added amenities (inquire for more details). Whether you're looking to expand your portfolio or enter a stable rental market with growth potential, 65 Russo Street checks all the boxes. Don't miss this chance to acquire a performing asset with room to scale. Can also be sold as a package with 21 Russo St.
Horvath & Tremblay is pleased to present the exclusive sale of the multi-family investment property located at 25 Jillson Street in Providence, Rhode Island (the Property ). The Property consists of a three-story multi-family building and contains eight (8) residential units comprised of two (2), Studio units and six (6), 1-Bedroom/1-Bathroom units with 4,480 square feet of living area in 5,631 gross square feet on a 0.18-acre parcel of land. The well-maintained property has updated common areas, laundry located in the basement, and a newer roof. The Property also features eight (8) off-street parking spaces and a detached 3-bay garage.
Prime Investment Opportunity: Brand New 12-Unit Building. This modern construction offers investors a turnkey asset with strong income potential. Boasting sleek finishes, contemporary amenities, and a highly desirable location with immediate access to I-95, Route 146, and public transportation, this property ensures tenant appeal and long-term growth. Enjoy the benefits of low maintenance costs and the potential for future expansion.
"CORLISS LANDING" Conway Commercial Group is pleased to offer this rare opportunity to acquire a first-floor professional office condo in the iconic Corliss Landing Building. Ideally suited for an investor or user, this suite is built out with 4 separate offices along with a kitchenette and private bathroom. Full glass front provides lots of natural and street level exposure for retail display. Take advantage of the park like courtyard setting for enjoying lunch or coffee break. Professionally managed marquis property providing unparalleled location in the center of Providence. Surrounded by every amenity desirable, you will enjoy your workday like never before. This complex has secure parking opportunities available for unit owners.
PLEASE READ CAREFULLY - Business Opportunity for Sale! Fully equipped turnkey restaurant with liquor license located in a high-traffic area in providence close to Roger William park , major highways ,schools and recreational centers. This is a rare chance to step into a running business with everything ready to go. Additional value: the lot allows for the construction of up to 3 more commercial units above the existing structure. Plus, there is a billboard on-site generating approx. $12,000/year in passive income. If you're not interested in the full package, the owner is also offering the restaurant, liquor license, and all equipment separately for only $180,000. Don t miss this investment opportunity!
Attention all entrepreneurs and investors! Don't miss this incredible opportunity to own a thriving business in the heart of Providence. This well-established grocery store/convenience store has been serving the community for over 30 years and is now ready for a new owner to take it to the next level. Located in a high-traffic area with its own parking lot, this turnkey operation includes all inventory and equipment. With endless potential for growth and success, this is a rare chance to own a piece of Providence history. Schedule your showing today before it's gone!
Commercially zoned lot with plans for 9 two bed two baths approved by the city. Civil and structural plans are available also.
Industrial structure redevelopment opportunity! Approved plans for 11 residential units (building 3 levels 16,000sqft) within existing structure. 8 two-bedrooms and 3 one-bedrooms. Plans can be amended to add additional units and qualifies for state tax credits. Phase I and Phase II environmental completed. Existing passive income from billboards. Possibility for parking agreements with neighboring lots. Area currently undergoing federal redevelopment including new pedestrian bridge over train tracks being constructed directly across the street. Various private investment dollars being spent to revitalize the area. See link for building plans.
Attention developers and investors! A rare opportunity to own a prime vacant lot in the heart of Providence, RI. Conveniently located near major highways, this property offers excellent accessibility to downtown, shopping centers, schools, and local amenities. High traffic area ensures great visibility and potential for development. The lot is level and ready for your vision whether it s multifamily housing, mixed-use space, or a business venture. Surrounded by both residential neighborhoods and commercial hubs, this location provides strong upside for long-term value and income potential. Municipal utilities are nearby. With demand for new development in Providence growing, now is the time to act. Don t miss out on this strategic investment opportunity in a bustling, high-demand area. This lot won t last!
Prime commercial opportunity in a high-traffic, bustling area of Providence, RI! This versatile property offers excellent visibility and accessibility, making it ideal for a wide range of commercial or light industrial uses. Located just minutes from major highways, it provides seamless connectivity to the rest of the city and beyond. Ample off-street parking ensures convenience for customers, employees, or clients. Surrounded by local businesses, retail shops, and amenities, the location supports consistent foot and vehicle traffic, boosting your potential for success. Whether you're looking to expand, relocate, or launch a new venture, this property is ready to meet your business needs. Don t miss your chance to secure a spot in one of Providence s most dynamic commercial corridors. Flexible space, strong location, and endless possibilities schedule your showing today!
Prime investment opportunity! This commercially zoned, mixed-use property features three units with excellent income potential. The first-floor unit is currently operating as a tax office, offering a prime location for business use. The second unit is a spacious residential apartment, and the third unit is a large three-bedroom apartment on the top floor. Additionally, the property includes a finished basement with a full bathroom, providing extra functional space. Located in a high-visibility area with easy access to major highways, public transportation, and local amenities, this property is ideal for investors, owner-occupants, or business owners looking for a live-work setup. Don't miss this unique opportunity schedule a showing today!
This prime commercial property in Providence, RI, offers significant residential development potential while maintaining a fully equipped restaurant and event space on the first floor. With 10,000+ square feet on nearly an acre of land, the second and third floors are ideal for residential conversion, meeting the growing demand for housing near Providence College, downtown, and major transit hubs. The high-visibility location at a highway on-ramp makes it perfect for mixed-use development, seamlessly blending modern residences with commercial space. There is also potential for vertical expansion, maximizing the investment s value. The property includes 50 parking spaces, ensuring convenience for both residents and business patrons.The first-floor restaurant space is fully built out and ready for your concept. It features a large dining area, dedicated event space, and an outdoor patio, offering flexibility for various business models. The kitchen is fully equipped with a high-capacity hood system, Ansul system, grill, oven, fryers, and two walk-in coolers. Three fully stocked bars enhance service efficiency, making this an excellent opportunity for a restaurant, bar, or event venue. While the current restaurant business is not included in the sale price, negotiations may be considered.This is a rare opportunity to develop residential units while operating a turnkey restaurant space in a high-demand location. Contact us today to learn more and schedule a confidential viewing.
An exceptional opportunity for investors and owner-users alike. This well-maintained property features a 6-unit apartment building, each unit offering a spacious 1-bedroom, 1-bathroom layout, along with a freestanding commercial building situated on the same parcel. Perfectly blending residential income with commercial versatility, this mixed-use asset is a rare find.
Prime commercial real estate opportunity! This versatile property offers over 1,780 sq. ft. of space and is ideally located just minutes from I-95, with quick access to downtown Providence, Warwick, and Cranston. Zoned M-2, this building is perfect for industrial use, office space, or a combination of both. Features include a large garage, street-level loading area, and flexible layout to suit various business needs. Please note: This is a real estate-only sale, so the attached business is not included. Don t miss your chance to invest in a high-visibility location with great potential!
Investment Opportunity! Here's your chance to add to your portfolio or begin your investment journey. Originally the Edwin Turner mansion, this 1880 Italianate is an 8 unit building in the heart of historic Elmwood. The property is a mix of studio apartments, 2 room efficiencies and one bedroom units - each unit with its own mini-split system for heat and A/C. There is a third floor that has roughed rooms but has never been developed. This could be an opportunity to add an ADU. And then there's the land, and there's a lot of it. With an over 16,000 sq ft lot the new owner has potential to work with the City to explore future development. The property has long term tenants with 6 on a month to month lease and 2 on a yearly rotation. Please reach out to the listing agent for additional information. All showings will be arranged as group showings for ease to the tenants. This is one to see! Also listed as a multi-family MLS#1382505
Prime Business Opportunity on Iconic Thayer Street - Heart of Providence s East Side! Location, Location, Location! Nestled in the bustling heart of Thayer Street Providence s most vibrant and high-traffic corridor this is your chance to own a thriving business in one of the city s most coveted locations. Situated directly adjacent to the Brown University campus and just steps from RISD, this established business enjoys a built-in, loyal customer base of students, faculty, locals, and tourists alike. Highlights: Turnkey Operation: This well-established business is fully operational walk in and start earning. Unbeatable Foot Traffic: With thousands of pedestrians passing by daily, Thayer Street offers unmatched exposure. Charming East Side Vibes: Surrounded by historic architecture, trendy boutiques, caf s, and cultural landmarks, the location is both upscale and energetic. Whether you re an investor, entrepreneur, or established operator looking to expand, this is a rare opportunity to stake your claim in one of Providence s most dynamic business districts. Don t miss your chance to be a part of the energy and success of Thayer Street.
Welcome to this stunning Corliss Landing office condo located Fox Point, where modern design meets natural beauty. This spacious, renovated office with two bathrooms and a kitchenette boasts high-end fixtures and finishes that create a calming and inviting professional atmosphere. With its versatile layout, this space is suitable for a variety of industries. This office is certain to make an impression on your clients, situated in a gorgeous complex by the water and surrounded by lush green spaces, your team and clients can enjoy the serenity of nature. Offering exceptional visibility in a high-quality space that perfectly combines functionality and aesthetic appeal, this is the perfect spot for any business ready to grow.
Prime Multi-Family Investment Opportunity - 98, 100, & 102 Penn Street, Providence, RI An exceptional investment opportunity on Providence s sought-after West Side, this portfolio consists of three adjacent multi-family properties, offering strong income potential, ease of management, & future condo conversion possibilities. **98 Penn Street is a well-maintained three-family home featuring three two-bedroom, one-bath units with hardwood floors, architectural details, & updated mechanicals. Long-term tenancy has kept rents below market, creating immediate value-add potential.**100 Penn Street is a newer construction two-family home with immaculate, modern units featuring spacious layouts & contemporary finishes. A low-maintenance investment with strong rental appeal, this property offers turn-key efficiency.** 102 Penn Street is a large three-family property featuring two three-bedroom, one-bath units & one two-bedroom, one-bath unit. The building has a maintenance-free exterior, updated interiors, & ample off-street parking. ** With long-term occupancy, below-market rents, & strong appreciation potential, these properties generate immediate cash flow with significant upside. Conveniently located between Atwells Avenue & Broadway, tenants benefit from easy access to downtown Providence, the East Side, hospitals, highways, & the train station. **A rare opportunity to acquire a well-positioned, income-producing portfolio in one of Providence s most vibrant neighborhoods.
Presenting an exceptional brand-new, ultramodern mixed-use property, offering 11 beautifully designed residential units plus a versatile flex unit. With a total living space of 11,300 sq. ft., this property is the perfect blend of contemporary design, functionality, and prime investment potential. This property is still under renovation with an estimated completion date of 7/1/2025. Boasting top-tier amenities such as a private courtyard and stunning rooftop decks, this property provides a luxurious and comfortable living experience for all tenants. In-unit laundry is featured in select units, and common laundry facilities are available for added convenience. The modern design and layout create a dynamic and attractive living space for renters, ensuring consistent demand.
Prime High-Traffic Location Minutes from Highway & Downtown This versatile property offers exceptional visibility and endless potential, ideal for a variety of uses. The space can be utilized as two separate units or combined as a single, expansive area to suit your needs. Formerly utilized as an indoor cultivation facility, is now available for sale. The facility is equipped with state-of-the-art infrastructure, including lighting systems, ventilation, irrigation, and climate control systems, all of which can be included in the transaction or removed upon request. This offers the flexibility for a variety of potential uses, including continued agricultural operations, or repurposing for alternative commercial activities.
Exceptional Opportunity to Acquire a Restaurant Business! ** Located in the heart of Federal Hill, Providence s premier dining & cultural district, this established restaurant business is now available for sale. This turnkey operation includes all equipment & offers a unique opportunity for entrepreneurs to capitalize on the area s renowned culinary reputation. Federal Hill is celebrated for its rich Italian heritage & diverse dining options, attracting visitors from across New England & beyond. ** The restaurant is fully equipped with everything needed to continue operations seamlessly, providing a smooth transition for new ownership. Its established location ensures consistent foot traffic surrounded by restaurants, boutiques, & specialty food markets. Federal Hill is known for its lively atmosphere, cultural events, & historic charm, making it an ideal setting for dining establishments. **As a culinary destination, Federal Hill offers a reputation for quality dining that rivals other major cities. Year-round events at DePasquale Plaza, including live music & seasonal celebrations, draw large crowds & enhance the area s appeal. With convenient access to downtown Providence & major highways, this location is both accessible & desirable.** The seller is willing to consider holding financing for qualified buyers, making this opportunity more accessible to those looking to own a thriving business in a prime location.
Prime Multi-Unit Investment Opportunity - 9 Residential Units & 1 Commercial Space!! Presenting a rare opportunity to own a well-maintained multi-building property featuring **9 residential units** and **1 commercial space**, offering strong rental income potential. This unique property consists of a fully rebuilt Three-family with 3 bedrooms, 1 bath each unit, spacious layouts, and ample natural light. The Six-unit building has six 1-bedroom, 1-bath units and a stand alone Commercial space perfect for a retail shop, office, or small business, adding valuable mixed-use appeal. Situated in a convenient location with easy access to public transportation, shopping, and dining, highways, downtown and colleges. This property is a fantastic opportunity for investors looking for steady rental income and long-term appreciation.
Located at 464 Silver Spring Street in the heart of Providence, RI, this property offers a remarkable 16,000 square foot lot with commercial (C3) zoning, providing exceptional development potential. Positioned in a prime area, the location allows for the best use of 40+ units across the entire lot, making it an ideal opportunity for residential or mixed-use development. The existing church building, which is fully operational, sits along Silver Spring Street, while the parking lot is accessible from Swift Street. The expansive parking area presents opportunities for future growth, including the potential for subdivision or redevelopment. Currently, the church houses multiple congregations that provide a steady rental income stream, while also maintaining its tax-exempt status as a place of worship. This property combines an active, income-generating facility with outstanding development potential in a highly desirable location, perfect for maximizing its future value.
Located at 464 Silver Spring Street in the heart of Providence, RI, this property offers a remarkable 16,000 square foot lot with commercial (C3) zoning, providing exceptional development potential. Positioned in a prime area, the location allows for the best use of 40+ units across the entire lot, making it an ideal opportunity for residential or mixed-use development. The existing church building, which is fully operational, sits along Silver Spring Street, while the parking lot is accessible from Swift Street. The expansive parking area presents opportunities for future growth, including the potential for subdivision or redevelopment. Currently, the church houses multiple congregations that provide a steady rental income stream, while also maintaining its taxexempt status as a place of worship. This property combines an active, income-generating facility with outstanding development potential in a highly desirable location, perfect for maximizing its future value.