$120,000

Estimated payment $741/month

Total Views 16,381
0.06 Acre
$2,177,858 Price per Acre
2,400 Sq Ft Lot

Highlights

  • Wooded Lot
  • Shops
  • Property near a hospital
  • Public Transportation

About This Lot

Looking to build a duplex, triplex, or single-family home in an established and super convenient Providence neighborhood? This prime R-4 zoned lot at 42 Derry Street is the kind of opportunity that doesn't come around often. R-4 zoning allows for up to four residential units, giving you the flexibility to build anything from a single-family to a four-unit multifamily property ideal for investors, developers, or owner-occupants who want to live in one unit and rent out the others. Just a short walk to Providence College and a quick drive to downtown, highways, hospitals, and shopping, the location is hard to beat. Public sewer and water are available right at the street, which makes the process even smoother. The lot will require approvals and a land survey, and buyers are responsible for conducting their own due diligence and obtaining necessary permits. Whether you're planning to build and hold, sell for profit, or create a custom space to call home, this lot checks all the boxes. If you're ready to take the next step, let's talk this one won't last!

Listing Agent

Deb Houghton

RE/MAX Preferred License #RES.0040737 Listed on: 08/04/2025

RE/MAX Preferred

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,288

Lot Details

  • 2,400 Sq Ft Lot
  • Wooded Lot
  • Property is zoned r-4, Multi-Family,Residential

Location

  • Property near a hospital

Listing and Financial Details

  • Tax Lot 255
  • Assessor Parcel Number 42DERRYSTPROV

Community Details

Overview

  • Smith Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$1,288

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.0551
  • Inclusions: Land will need to be surveyed.
  • Subdivision Name: Smith Hill
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family, Single Family

Exterior Features

  • Lot Features: Wooded

Utilities

  • Utilities: None, Water Available

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Development Status: Raw Land
  • Land Lease: No
  • Lot Size Sq Ft: 2400.0
  • Wooded Area: 50.0
  • Parcel #: 42DERRYSTPROV
  • Zoning Description: Multi-Family,Residential
  • Zoning: r-4

Tax Info

  • Tax Annual Amount: 1288.0
  • Tax Lot: 255
  • Tax Map Number: 68
  • Tax Year: 2025

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $323 $17,600 $17,600 $0
2023 $323 $17,600 $17,600 $0
2022 $313 $17,600 $17,600 $0
2021 $238 $9,700 $9,700 $0
2020 $238 $9,700 $9,700 $0
2019 $238 $9,700 $9,700 $0
2018 $304 $9,500 $9,500 $0
2017 $304 $9,500 $9,500 $0
2016 $304 $9,500 $9,500 $0
2015 $361 $10,900 $10,900 $0
2014 $368 $10,900 $10,900 $0
2013 $368 $10,900 $10,900 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $120,000 -- --
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $90,000 --
Deed $93,000 --
Warranty Deed $47,000 --
Warranty Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $74,400 No Value Available
Previous Owner $58,000 No Value Available
Previous Owner $28,250 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1391761

State-Wide MLS

APN: PROV-680255-000000-000000