Providence, RI Multifamily Homes & Duplexes for Sale

• 

  

  

  /24

  $455,000

  • 3 Beds
  • 2 Baths
  • 1,644 Sq Ft

  92 Parnell St, Providence, RI 02909

  92 Parnell St, Providence, RI Investment Opportunity or Owner-Occupied. Looking for a property that offers both potential and personality? Welcome to 92 Parnell St, a versatile multi-family home tucked in a convenient Providence location. Whether you're an investor seeking steady rental income or a buyer ready to enjoy the benefits of owner-occupancy, this property is brimming with opportunity.

  

  Dawn Tramontano

  Century 21 Limitless

  (401) 812-2962

  92 Parnell St, Providence, RI 02909
• Explore Providence

• 

  

  

  /10

  $735,000

  • 8 Beds
  • 4 Baths
  • 2,756 Sq Ft

  34 Harold St, Providence, RI 02908

  ***CO in hand, quick close 30 days** This stunning new construction is designed with style and convenience, offering two spacious units that mirror each other in layout and luxury. Each unit boasts 4 large bedrooms, 2 pristine bathrooms, and an open-concept floor plan, creating an inviting atmosphere perfect for entertaining or relaxing. You'll enjoy year-round comfort with forced hot air and

  

  Herson Martinez

  RISE REC

  (401) 324-0145

  34 Harold St, Providence, RI 02908
• 

  

  

  /37

  $699,900 Open Sun 12PM - 1PM

  • 7 Beds
  • 3 Baths
  • 2,340 Sq Ft

  39 Richter St, Providence, RI 02908

  Spacious and well-maintained three-family home located in the heart of Providence, RI! The 1st unit offers three generous bedrooms, fully renovated kitchen, and a double parlor providing ample living space for a large household. The 2nd and 3rd units each feature two comfortably sized bedrooms, double parlors, and hardwood flooring. An unfinished attic serving for endless opportunities!

  

  Samuel Alba

  Innovations Realty

  (401) 324-1385

  39 Richter St, Providence, RI 02908
• 

  

  

  /29

  $550,000

  • 6 Beds
  • 3 Baths
  • 3,413 Sq Ft

  37 W Friendship St, Providence, RI 02907

  Discover an incredible investment opportunity with this beautifully remodeled 3-family property, featuring two bedrooms in each unit. Perfect for investors or owner-occupants seeking rental income, this home blends modern updates with solid value. Located in a desirable neighborhood close to shopping, schools, and public transportation, this property is ready to start generating income from day

  

  Samuel Alba

  Innovations Realty

  (401) 389-4172

  37 W Friendship St, Providence, RI 02907
• 

  

  

  /11

  $705,000 New Construction

  • 6 Beds
  • 6 Baths
  • 2,800 Sq Ft

  29 Dunford St, Providence, RI 02909

  Newly Constructed 2-Family Home in Providence, RI Prime Location! Make this beautiful 2-family home in Providence your next investment or residence! There are 3 bedrooms and 2 full bathrooms on each floor. Brand new modern design, well-designed layouts perfect for families or investment opportunities. Beautiful solid hardwood floors throughout each unit. Elegant tile work enhancing modern

  

  Samuel Alba

  Innovations Realty

  (401) 645-4233

  29 Dunford St, Providence, RI 02909
• 

  

  /33

  $549,900

  • 6 Beds
  • 2.5 Baths
  • 2,541 Sq Ft

  41 Higgins Ave, Providence, RI 02908

  Proudly owned since 1989, this well-maintained multifamily home offers a fantastic opportunity for both owner-occupants and investors. Recent upgrades include a fresh exterior paint job and brand-new flooring throughout the second-floor kitchen, dining room, hallway, and bathroom. Each unit boasts beautiful hardwood floors, charming brick fireplaces, and generous living space. The property also

  Esther Denette Keller Williams Coastal

  41 Higgins Ave, Providence, RI 02908
• 

  

  /39

  $649,900

  • 6 Beds
  • 3 Baths
  • 2,117 Sq Ft

  36 Eudora St, Providence, RI 02903

  Fantastic opportunity for investors or owner-occupants! This well-maintained three-unit property offers versatility, value, and location. Each unit features 2 bedrooms, 1 bathroom, a spacious living room, and a full kitchen. With all three units currently vacant, it's ideal for a buyer looking to move right. Enjoy low-maintenance vinyl siding and ample off-street parking, plus shared laundry

  My Greene Team Keller Williams Leading Edge

  36 Eudora St, Providence, RI 02903
• 

  

  /47

  $2,095,000

  • 11 Beds
  • 9 Baths
  • 5,957 Sq Ft

  84 Transit St, Providence, RI 02906

  Located in the heart of Fox Point, just steps from historic Benefit Street, this exceptional 8-unit, two-building property offers a rare investment opportunity in one of Providence's most desirable neighborhoods. With a strong existing income stream and mostly month-to-month tenants, there's immediate potential for improvement to enhance overall returns. Both buildings have been well maintained,

  Stephen Gaskin Residential Properties Ltd.

  84 Transit St, Providence, RI 02906
• 

  /2

  $469,900

  • 6 Beds
  • 3 Baths
  • 3,290 Sq Ft

  26 Wallace St, Providence, RI 02909

  Spacious 3-Family in Silver Lake Great Investment or live-in Opportunity! Located directly across from James Ahern Park in the Silver Lake section of Providence, this 3-family home offers great potential for investors or owner-occupants. Each unit features 2 bedrooms and 1 bathroom, with classic layouts and plenty of natural light. The property needs work and updates, but with the right

  Robert Shirley RE/MAX Properties

  26 Wallace St, Providence, RI 02909
• 

  

  /27

  $349,000

  • 6 Beds
  • 2 Baths
  • 1,053 Sq Ft

  55 Luna St, Providence, RI 02904

  ***CURRENTLY A SINGLE FAMILY ZONED R3 *** WELCOME to this GREAT INVESTMENT and/or Owner Occupied Opportunity!!!! THIS PROPERTY IS ZONED R3 AND HAS ENDLESS CONSTRUCTION POTENTIAL FOR ADD'L INCOME & REVENUE!!!! This YOUNG Building, built in 1987 makes it a Solid Building to BUILD UP and Convert into a 2 or 3-Family (with bonus 1st Unit/Floor, Main level Construction Already Done). This

  Samantha Copeland Broadway Real Estate Group

  55 Luna St, Providence, RI 02904
• 

  

  /35

  $739,000

  • 4 Beds
  • 2 Baths
  • 1,762 Sq Ft

  670 Wickenden St, Providence, RI 02903

  Welcome to 670 Wickenden Street, a fully renovated multi-family property nestled in the heart of Providence's vibrant Fox Point neighborhood. This two-family home, originally constructed in 1845, has been meticulously upgraded with both units featuring renovated kitchens and baths. The property offers air conditioning and replacement windows, updated electrical and plumbing, as well as a two-car

  Rebecca Mayer Compass

  670 Wickenden St, Providence, RI 02903
• 

  

  /9

  $509,500 Open Sat 2PM - 3PM

  • 6 Beds
  • 2 Baths
  • 3,242 Sq Ft

  44 Herschel St, Providence, RI 02909

  Beautiful Duplex, Rare Opportunity! Three Bedrooms each unit large yard for entertainment. This Will Go Fast! Close to restaurants and shopping centers. Come to the Open House!!

  Douglas Lopez Access Realty, Inc.

  44 Herschel St, Providence, RI 02909
• 

  

  /36

  $975,000

  • 5 Beds
  • 4 Baths
  • 3,210 Sq Ft

  427 Wickenden St, Providence, RI 02903

  Exceptional investment opportunity in the heart of Fox Point! Ideally situated on sought-after Wickenden Street, just steps from Hope Street, this four-unit property combines strong rental income with fantastic location appeal. Each unit offers desirable layouts, from a studio, 1 bedroom and two 2-bedroom units, that attract consistent tenant demand, with plenty of potential to elevate rents

  Stephen Gaskin Residential Properties Ltd.

  427 Wickenden St, Providence, RI 02903
• 

  

  /37

  $699,000 Open Sun 11:30AM - 1PM

  • 5 Beds
  • 2 Baths
  • 2,483 Sq Ft

  508 Charles St, Providence, RI 02904

  Welcome to this timeless and charming beauty! This home has been thoughtfully transformed from a single-family into a beautifully designed two-family residence, blending historic character with modern comfort. Ideal for an owner-occupant or investor, this property offers flexibility, income potential, and the perfect mix of old-world craftsmanship and today's amenities.The first-floor unit

  Merysa Berrios Sevilla Vicente Realty

  508 Charles St, Providence, RI 02904
• 

  

  /41

  $1,475,000

  • 12 Beds
  • 6 Baths
  • 3,650 Sq Ft

  273 Wickenden St, Providence, RI 02903

  Investment opportunity awaits on vibrant Wickenden Street in the heart of Fox Point. This unique property features two separate three unit buildings, each offering a strong and steady income stream with room to enhance and grow rental potential. Surrounded by the charm and energy that define one of Providence's most desirable neighborhoods, tenants enjoy walkable access to local restaurants,

  Stephen Gaskin Residential Properties Ltd.

  273 Wickenden St, Providence, RI 02903
• 

  

  /31

  $599,900 Open Sun 2:30PM - 3:30PM

  • 5 Beds
  • 3 Baths
  • 2,292 Sq Ft

  47 Alverson Ave, Providence, RI 02909

  Turn-key 3-family on a large lot with a fenced yard and off-street parking. Two Navien on-demand tankless hot water systems installed in 2020 along with new roof, windows, bathrooms and deck. Plumbing and electrical were also updated! Both tenants in place for over 3 years. Vacant unit ready for an owner-occupant. Pictures taken before current tenants moved in.10/2

  Elvis Santana Circle 100 Real Estate

  47 Alverson Ave, Providence, RI 02909
• 

  

  /50

  $899,000 Open Sun 12PM - 2PM

  • 6 Beds
  • 3 Baths
  • 4,876 Sq Ft

  62 Overhill Rd, Providence, RI 02906

  Spacious and light-filled 3-unit in the heart of the Eastside of Providence. The front entry hall has two interior doors to create privacy for a new owner-occupant on the first floor. Each of the three units features two spacious bedrooms, one full bath, and floor areas of 1360 sq ft on the 1st and 2nd floors, and 964 sq ft on the 3rd floor. The third-floor unit has been wonderfully updated and

  Rachael Dotson Residential Properties Ltd.

  62 Overhill Rd, Providence, RI 02906
• 

  

  /50

  $695,000

  • 6 Beds
  • 3 Baths
  • 1,900 Sq Ft

  91 Jenkins St, Providence, RI 02906

  Charming Victorian 2 family home with many historic details that have been thoughtfully preserved. The first-floor apartment features two bedrooms, gleaming wood floors, central air, in-unit laundry, bay window, and original wood trim. The upper townhouse-style unit includes newly restored deck off the living room, large eat in kitchen and dining nook, 2 full bathrooms, wood floors, laundry, and

  Mary Shawcross HomeSmart Professionals

  91 Jenkins St, Providence, RI 02906
• 

  

  /31

  $599,900 Open Sun 1PM - 3PM

  • 9 Beds
  • 3 Baths
  • 4,834 Sq Ft

  70 Bowdoin St, Providence, RI 02909

  Excellent Investment Opportunity! Spacious legal two-family property with a fully finished third floor, currently used as a three-family for years. Each unit offers 3 bedrooms, plus a finished basement for extra space or storage. The property features all three separate utilities. Current rents are well below market, offering significant potential to increase income and maximize ROI. Perfect

  Qinglu Zhu Coastline Realty LLC

  70 Bowdoin St, Providence, RI 02909
• 

  

  /16

  $609,900

  • 7 Beds
  • 3 Baths
  • 3,316 Sq Ft

  22 Bancroft St, Providence, RI 02909

  Two family home with potential of a future 3rd ADU on third floor, currently used as a two story 2nd unit, with easy potential for a full third income. Huge 3 bedroom unit on first floor offers large kitchen, double living and dining rooms. the second floor offer similar layout plus expands into third floor with 3 additional rooms and bath. This can be a cash cow! Two driveways!

  John Tripodi RE/MAX Preferred

  22 Bancroft St, Providence, RI 02909
• 

  

  /42

  $570,000

  • 8 Beds
  • 4 Baths
  • 2,726 Sq Ft

  199 Gallup St, Providence, RI 02905

  Fantastic two-family home with 3 bedrooms, 2 bathrooms on the first floor (2nd bath in the finished basement) and a very spacious town house on 2nd and 3rd floor with 5 bedrooms and 2 full baths. Third floor is being used separately at the moment with separate utilities. Seller installed solar panels February 2025 that provide electricity for the entire house and buyer can take over the lease.

  Nelson Esteves RE/MAX Professionals

  199 Gallup St, Providence, RI 02905
• 

  

  /50

  $525,000

  • 4 Beds
  • 2 Baths
  • 2,738 Sq Ft

  16 Raphael Ave, Providence, RI 02904

  Great opportunity to buy this 2 Family Home located in the North End Neighborhood of Providence close to the North Providence Line! Quiet neighborhood with many surrounding single family homes! Both units are vacant giving the buyer the ability to not only chose their tenants but also charge market value rents! Nice layout with hardwoods throughout! Renovated bathrooms! Newer on demand tankless

  Gary Almeida RE/MAX Preferred

  16 Raphael Ave, Providence, RI 02904
• 

  

  /22

  $779,900

  • 9 Beds
  • 3 Baths
  • 4,032 Sq Ft

  49 Pembroke Ave, Providence, RI 02908

  Owner occupants and investors take note. Walking distance to Providence College. Massive brick and vinyl sided 3 unit with 1344 sf per floor plus huge walk-up attic space with expansion possibilities, 2 car garage and off-street parking. Each spacious 6 room unit offers living room, dining room, eat-in kitchen, pantry, 3 bedrooms, remodeled bathrooms, in-unit laundry and large covered porches.

  Ed Kazarian Patriot Realty, Inc.

  49 Pembroke Ave, Providence, RI 02908
• 

  

  /35

  $675,000

  • 5 Beds
  • 3 Baths
  • 3,447 Sq Ft

  65 Veazie St, Providence, RI 02908

  TONS OF PARKING- Entrance behind the home. Exceptional Three-Family Investment Opportunity with Potential Buildable Lot Providence. This extensively renovated three-family residence combines modern upgrades, strong rental potential, and the added value of a potentially buildable lot located directly behind the property (no approvals currently in place). The main building features two spacious

  Kyle Seyboth Century 21 Limitless

  65 Veazie St, Providence, RI 02908
• 

  

  /34

  $715,000

  • 8 Beds
  • 3 Baths
  • 2,724 Sq Ft

  14 Shafter St, Providence, RI 02909

  Located in the heart of Silver Lake, Providence, this exceptional property features two spacious residential units and an additional 3,991-square-foot lot, offering both strong income potential and future development possibilities. The first unit includes three bedrooms, while the second unit offers five bedrooms and two bathrooms, providing generous living space for residents or tenants.

  Herminia Collado HomeSmart Professionals

  14 Shafter St, Providence, RI 02909
• 

  

  /23

  $699,999

  • 5 Beds
  • 3 Baths
  • 2,157 Sq Ft

  10 Africa St, Providence, RI 02903

  INVESTORS or OWNER OCCUPIED (FHA included) prospects, I am pleased to present to you the perfect, fully renovated 3 unit multi family located at 10 Africa Street in Providence. Nestled in the historic Federal Hill neighborhood, just feet from the bustling markets and restaurants of both Federal Hill and Broadway. A prime location for commuters--minutes away from Hospitals, AMTRAK/Highways, and

  Stephanie Corsetti Alliance Real Estate Group LLC

  10 Africa St, Providence, RI 02903
• 

  

  /48

  $599,900

  • 8 Beds
  • 4 Baths
  • 3,018 Sq Ft

  57 Fairmount Ave, Providence, RI 02908

  This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and

  Kerri Gemma RE/MAX Properties

  57 Fairmount Ave, Providence, RI 02908
• 

  

  /47

  $599,900

  • 8 Beds
  • 4 Baths
  • 2,340 Sq Ft

  53 Fairmount Ave, Providence, RI 02908

  This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and

  Kerri Gemma RE/MAX Properties

  53 Fairmount Ave, Providence, RI 02908
• 

  

  /50

  $689,000

  • 9 Beds
  • 3 Baths
  • 2,878 Sq Ft

  41 Henrietta St, Providence, RI 02904

  Welcome to Henrietta St! This 3-unit property has been beautifully updated and ready for your new tenants to move right in. Featuring 3 bedrooms in each unit, refinished hardwood floors, new modern lighting and finishes, stainless appliances, granite countertops, new doors. The bulk of the investment has been made: The second and third units have new kitchens, vanities, walk-in showers, quality

  Kenneth Scotti RE/MAX Properties

  41 Henrietta St, Providence, RI 02904
• 

  

  /35

  $675,000

  • 5 Beds
  • 3 Baths
  • 3,447 Sq Ft

  660 Douglas Ave, Providence, RI 02908

  TONS OF PARKING! Entrance behind the home on 65 Veazie. Exceptional Three-Family Investment Opportunity with Potential Buildable Lot Providence This extensively renovated three-family residence combines modern upgrades, strong rental potential, and the added value of a potentially buildable lot located directly behind the property (no approvals currently in place). The main building features

  Kyle Seyboth Century 21 Limitless

  660 Douglas Ave, Providence, RI 02908
• 

  

  /31

  $424,500

  • 2 Beds
  • 2 Baths
  • 1,232 Sq Ft

  30 Victoria St Unit 32, Providence, RI 02909

  Stunning, modern, and well-maintained 2-family home in Providence! Each unit offers 1 bedroom and 1 full bathroom, with thoughtful updates throughout. The first unit features a 2-year-old hot water tank and brand-new flooring, while the second unit has a brand-new hot water tank along with new appliances, cabinets, countertops, and flooring. A transferable solar panel system adds energy

  Kyle Seyboth Century 21 Limitless

  30 Victoria St Unit 32, Providence, RI 02909
• 

  

  /41

  $875,000

  • 8 Beds
  • 5 Baths
  • 2,051 Sq Ft

  23 Elmway St, Providence, RI 02906

  Situated in Providence's highly sought-after East Side, just steps from Nathan Bishop Middle School, this legal three-unit property offers a rare blend of location, size, and potential. Two of the three units have already been taken down to the studs, with extensive plumbing and electrical updates completed, creating a blank canvas for a discerning buyer or seasoned investor. Each of the upper

  Nelson Taylor Compass

  23 Elmway St, Providence, RI 02906
• 

  

  /33

  $575,000

  • 3 Beds
  • 2 Baths
  • 2,570 Sq Ft

  217 Elmwood Ave, Providence, RI 02907

  Elmwood Residential/Commercial Multi-family in prime location. Excellent investment opportunity with this mixed-use property with very high traffic count. Located on a corner lot creates high visibility. Desirable location with easy access to shopping, downtown, interstate and airport. First floor offers a bright and meticulously kept commercial space and front porch - Could also be a

  Rachel Wills Peter M. Scotti & Assoc.,Inc.

  217 Elmwood Ave, Providence, RI 02907
• 

  

  /38

  $629,900 Open Sun 12PM - 2PM

  • 6 Beds
  • 2 Baths
  • 4,393 Sq Ft

  178 Ledge St, Providence, RI 02904

  Beautifully Updated Two-Family home perfect for owner-occupant or investment option. Conveniently located near I-95, I-195 & Rt-146, just minutes to down town Providence, major hospitals, shopping, dining & more. The 1st Floor offers 3 beds, 1 bath, in-unit laundry, renovated kitchen with stainless steel appliances. While on the 2nd Floor; 3 beds, 1 bath, open kitchen/dining layout, separate

  Luis Caceres HomeSmart Professionals

  178 Ledge St, Providence, RI 02904
• 

  

  /36

  $1,360,000

  • 12 Beds
  • 8 Baths
  • 5,472 Sq Ft

  874 Branch Ave, Providence, RI 02904

  INVESTORS TAKE NOTICE!!! CLOSE TO PC and Major highways! This newer construction, built in 2023 is an investors dream!!! This property offers 4 Large units, each with over 1300 sq ft of living space. Every apartment feels like a townhouse, veryspacious offering 3 bedrooms, 1-1/2 Bathrooms, Large kitchen with modern cabinets, granite tops and recessed lighting. The dinningarea is spacious,

  The Realpro Group REALPRO by The Water

  874 Branch Ave, Providence, RI 02904
• 

  

  /38

  $599,900

  • 5 Beds
  • 3 Baths
  • 3,356 Sq Ft

  62 Heath St, Providence, RI 02909

  This well-maintained multifamily home is perfect for an owner-occupant or investor seeking a move-in-ready, low-maintenance property. The first and second-floor units each feature a mudroom entry, two spacious bedrooms, and open-concept living and dining areas ideal for modern living. Bright kitchens showcase crisp white cabinetry, stylish tile flooring, and plenty of natural light, while the

  Kyle Pacia Compass

  62 Heath St, Providence, RI 02909
• 

  

  /29

  $699,000

  • 10 Beds
  • 3.5 Baths
  • 3,784 Sq Ft

  10 Carleton St, Providence, RI 02908

  Classic charm meets modern, trendy living - don't miss this exceptional investment opportunity! This rare side-by-side two-family home offers a total of 10 bedrooms, beautiful hardwood floors, updated kitchens, high ceilings, bay windows, fireplaces, abundant character and natural light throughout. Each unit has its own private entrance for maximum tenant privacy and rental appeal. The property

  Dante Lopardo Broadway Real Estate Group

  10 Carleton St, Providence, RI 02908
• 

  

  /38

  $1,275,000

  • 6 Beds
  • 4 Baths
  • 3,336 Sq Ft

  260 Bowen St, Providence, RI 02906

  Welcome to The James Griffith House, circa 1894. Perfectly positioned in the heart of College Hill - just steps from Thayer Street, Brown University, shops, caf s, and more - this gorgeous, historic two-family is a rare find, offering two 3-bedroom, 1.5-bath townhouse-style units in a prime East Side location. Both units showcase preserved character and craftsmanship, with high ceilings,

  Donna DiGiulio Williams & Stuart Real Estate

  260 Bowen St, Providence, RI 02906
• 

  

  /48

  $565,000 Open Sun 1PM - 2:30PM

  • 4 Beds
  • 2 Baths
  • 1,800 Sq Ft

  123 Chester Ave, Providence, RI 02907

  New to the market!!!!!Completely renovated 2 family, blocks from RI Hospitaland RT 95/195. This property has a new roof, new siding, new drive way, new deck-entrance, newkitchen including modern cabinets, granite, lighting, stainless steel stove,dishwasher, fridge and microwave on both units. Also brand newbathrooms!!!!! A must see!!! Perfect for new home owners!!!

  The Realpro Group REALPRO by The Water

  123 Chester Ave, Providence, RI 02907
• 

  

  /30

  $490,000

  • 7 Beds
  • 2.5 Baths
  • 3,834 Sq Ft

  78 Ford St, Providence, RI 02907

  Welcome to 78 Ford Street in Providence, RI! This turnkey multi family is ready to go for an investor looking to add a cash flowing property to their portfolio, or an owner occupant looking to offset their monthly living expenses! With a new roof, young heating system and hot water heaters, updated plumbing and electrical, new solar panels that significantly offset monthly expenses, and lead

  Christy Querceto The Q Group Realty

  78 Ford St, Providence, RI 02907

Showing Results 1 - 40, Page 1 of 3

Why Live in Providence

Providence's signature WaterFire installation illuminates summer nights along the riverfront, while the historic RISD Museum showcases world-renowned art collections. The Providence Performing Arts Center stages Broadway shows in an ornate theater setting, and Roger Williams Park encompasses 435 acres with a zoo, museum, planetarium, and botanical center. The historic Mile of History along Benefit Street features preserved colonial architecture, leading to Brown University's iconic College Green.

The Providence housing market reflects distinct neighborhood characteristics. College Hill commands the highest median single family home prices at $1,195,000, followed by Blackstone at $1,258,000. More moderate options exist in Federal Hill where the median single family price is $409,500. The citywide median sale price stands at $435,000, with median townhome prices at $490,000. One bedroom condos have a median price of $315,000, while two bedroom condos median at $420,000.

Providence's cost of living runs 11.6% above the national average. A family with school-age children needs approximately $119,000 annually to live comfortably, including $34,000 for housing and $19,000 for groceries. The property tax rate is 1.37%, higher than nearby Boston at 0.67%. The state income tax rate is 3.75% for a $76,212 salary, with a 7% sales tax.

The city maintains strong educational options, including Classical High School, rated A by Niche. Private schools like The Wheeler School and Moses Brown School both earned A+ ratings. Brown University and Rhode Island School of Design anchor the higher education landscape. Public transit through RIPTA buses connects neighborhoods, while Amtrak and MBTA provide service to Boston, one hour away. The walkable downtown area features acclaimed restaurants like Hemenway's for seafood and Al Forno for Italian cuisine.

Learn more about living in Providence

Home Trends in Providence, RI

On average, homes in Providence, RI sell after 32 days on the market compared to the national average of 53 days. The median sale price for homes in Providence, RI over the last 12 months is $430,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$430,000

Median Single Family Sale Price

$429,950

Median Townhouse Sale Price

$678,500

Median 2 Bedroom Sale Price

$430,000

Median 1 Bedroom Sale Price

$311,000

Average Price Per Sq Ft

$344

Number of Homes for Sale

140

Last 12 months Home Sales

818

Months of Supply

2.10

Median List Price

$434,900

Median Change From 1st List Price

0%

Median Home Sale Price YoY Change

8%