Excellent investment opportunity! Well-maintained two-family property, ideal for both investors and owner-occupants looking to live in one unit while generating rental income from the others. This property features a total of 4 bedrooms and 3 full bathrooms, distributed among two spacious units, each offering 2 bedrooms and 1 full bathroom. Additional highlights include hardwood floors, gas heat, a fenced yard, and a paved driveway with parking for up to 8 vehicles. Two newer boilers were installed approximately 2 years ago, and the water tanks were recently replaced in May 2026. The property also includes leased solar panels with a monthly payment of approximately $190. Conveniently located near major highways, schools, shopping, and public transportation, this property offers strong rental income potential and an outstanding opportunity to build long-term wealth through real estate. The house has solar panels, they are on a lease and are assumable. Monthly payment $189. House is back on the market due to buyer's financing.
For sale
Price cut: $15K (7/1)
$584,000
194 Pavilion Ave, Providence, RI 02905
4beds
1,568sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$372/sqft
$-- HOA
What's special
- 55 days |
- 197 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Lissette Guzman 401-230-6272,
Circle 100 Real Estate
Source: StateWide MLS RI,MLS#: 1416818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Baseboard, Forced Air
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Wall (Plaster), Insulation (Unknown)
- Flooring: Hardwood
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,352
- Total interior livable area: 1,568 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Detached, Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 3,920 Square Feet
Details
- Foundation area: 784
- Parcel number: PROVM57L85
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Vinyl Siding
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Hospital
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $372/sqft
- Tax assessed value: $390,200
- Annual tax amount: $2,946
- Date on market: 7/1/2026
- Total actual rent: 0
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,297/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $584,000-2.5%$372/sqft |
Source: | ||
| 6/9/2026 | Listed for sale | $599,000$382/sqft |
Source: | ||
| 6/9/2026 | Listing removed | $599,000$382/sqft |
Source: | ||
| 6/2/2026 | Pending sale | $599,000$382/sqft |
Source: | ||
| 5/19/2026 | Listed for sale | $599,000+90.2%$382/sqft |
Source: | ||
| 2/27/2008 | Sold | $315,000+408.1%$201/sqft |
Source: Public Record Report a problem | ||
| 1/4/1993 | Sold | $62,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,946 -39.8% | $390,200 +46.4% |
| 2024 | $4,890 +3.1% | $266,500 |
| 2023 | $4,744 | $266,500 |
| 2022 | $4,744 +35% | $266,500 +86.2% |
| 2021 | $3,515 +0% | $143,100 |
| 2020 | $3,515 +66.6% | $143,100 |
| 2019 | $2,109 +19.1% | $143,100 +51.9% |
| 2018 | $1,771 -41.2% | $94,200 |
| 2017 | $3,011 | $94,200 |
| 2016 | $3,011 +11.5% | $94,200 +15.4% |
| 2015 | $2,701 -1.9% | $81,600 |
| 2013 | $2,754 -28.7% | $81,600 -32.7% |
| 2012 | $3,865 | $121,200 |
| 2011 | $3,865 +5% | $121,200 |
| 2010 | $3,682 -34% | $121,200 -47.4% |
| 2009 | $5,576 +6% | $230,300 |
| 2007 | $5,260 +32.3% | $230,300 +75.1% |
| 2006 | $3,975 | $131,500 |
| 2005 | $3,975 | $131,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower South Providence
Nearby schools
GreatSchools rating
- 3/10Charlotte Woods Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Roger Williams Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Juanita Sanchez Educational ComplexGrades: 9-12Distance: 0.2 mi
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