42 Derry St Providence, RI 02908
Smith Hill NeighborhoodEstimated payment $739/month
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!
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
Map
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 | $1,282 | $87,800 | $87,800 | $0 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $120,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $90,000 | -- | |
| Deed | $93,000 | -- | |
| Warranty Deed | $47,000 | -- | |
| Warranty Deed | $21,000 | -- |
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: State-Wide MLS
MLS Number: 1391761
APN: PROV-680255-000000-000000
- 18 Whipple St
- 15 Crimea St
- 65 Douglas Ave
- 17 Alma St
- 508 Chalkstone Ave
- 510 Chalkstone Ave
- 50 Ashburton St Unit 14
- 42 Osborn St
- 46 Osborn St
- 331 Douglas Ave
- 160 Jewett St
- 154 Camden Ave
- 148 Suffolk St Unit 150
- 407 Orms St
- 16 Ruggles St
- 457 Douglas Ave
- 49 Pembroke Ave
- 23 Richter St
- 39 Richter St
- 359 Douglas Ave
- 32 Goddard St Unit 1
- 32 Goddard St Unit 3rd Floor
- 23 Osborn St Unit 1
- 50 Ashburton St Unit 19
- 24 Vale St Unit 2
- 174 Chad Brown St
- 174 Chad Brown St
- 138 Jewett St
- 138 Jewett St
- 125 Calverley St Unit 2
- 133 Bath St
- 73B Charles St
- 84 Ayrault St Unit 2
- 3 Oakland Ave Unit 3rd
- 48 Pembroke Ave Unit 3rd Floor - 48B
- 93 Raymond St
- 255 Promenade St
- 279 Admiral St Unit Admiral St
- 181 Corliss St
- 17 Radcliffe Ave Unit B