38 Mitchell St Providence, RI 02907
Elmwood NeighborhoodEstimated payment $4,639/month
Total Views
44,621
9
Beds
3
Baths
3,474
Sq Ft
$245
Price per Sq Ft
About This Home
Located in the heart of Elmwood, this well-maintained three-unit property presents a stabilized, income-producing opportunity in one of Providence's most accessible neighborhoods. Each unit offers over 1,100 SF with three bedrooms and one full bath, providing strong rental appeal and consistent tenant demand. The property is fully occupied, delivering immediate cash flow. Recent capital improvements include a newer roof, vinyl siding, and new appliances. A full basement offers ample storage or potential for future expansion. Positioned on a prominent corner lot, the asset benefits from two separate driveways and ample off-street parking Located minutes from downtown Providence with direct access to Routes 95, 195, and 146, the property offers strong connectivity to major employment centers, supporting long-term rental stability and appreciation potential. A turnkey multifamily asset with scale, location, and upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,025
Year Built
- Built in 1910
Lot Details
- 2,800 Sq Ft Lot
Home Design
- Vinyl Siding
Interior Spaces
- 3,474 Sq Ft Home
- Laminate Flooring
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 7 Parking Spaces
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 566
- Assessor Parcel Number 38MITCHELLSTPROV
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,331 | $573,700 | $118,200 | $455,500 |
| 2024 | $5,942 | $323,800 | $51,200 | $272,600 |
| 2023 | $5,942 | $323,800 | $51,200 | $272,600 |
| 2022 | $5,764 | $323,800 | $51,200 | $272,600 |
| 2021 | $4,801 | $195,500 | $36,000 | $159,500 |
| 2020 | $4,801 | $195,500 | $36,000 | $159,500 |
| 2019 | $4,801 | $195,500 | $36,000 | $159,500 |
| 2018 | $3,682 | $115,200 | $24,500 | $90,700 |
| 2017 | $3,682 | $115,200 | $24,500 | $90,700 |
| 2016 | $3,682 | $115,200 | $24,500 | $90,700 |
| 2015 | $2,939 | $88,800 | $30,000 | $58,800 |
| 2014 | $2,997 | $88,800 | $30,000 | $58,800 |
| 2013 | $2,997 | $88,800 | $30,000 | $58,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $849,900 | +46.8% | $245 / Sq Ft | |
| 03/12/2024 03/12/24 | Sold | $579,000 | +1.6% | $167 / Sq Ft | View Prior Sale |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- | |
| 10/16/2023 10/16/23 | For Sale | $569,900 | -- | $164 / Sq Ft |
Source: State-Wide MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $579,000 | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $568,512 | FHA |
Source: Public Records
About the Listing Agent
Jose's Other Listings
Source: State-Wide MLS
MLS Number: 1404675
APN: PROV-490566-000000-000000
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