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Sold for $540,000
  • $540,000

    197 Salina St, Providence, RI 02908

    5beds
    2,400sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $546,100 Zestimate®
    $225/sqft
    $1,811 Estimated rent

    Home value

    $546,100

    $486,000 - $617,000

    $1,811/mo

    Zestimate® history
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    What's special

    Welcome to this beautifully maintained two-family home located in the Elmhurst neighborhood of Providence. Offering both flexibility and long-term value, this property is ideal for an owner-occupant or investor seeking space, stability, and strong rental potential. Each spacious unit features sun-filled layouts with hardwood floors, eat-in kitchens, modern bathrooms, and classic double parlors, providing comfortable and functional living spaces. The home is wrapped in low-maintenance vinyl siding and includes a large paved driveway with parking for up to six vehicles — a rare and valuable feature in this area. The property offers separate heating systems, all well maintained, with the first-floor system newly installed, allowing for efficient and independent control for each unit. The second-floor unit will be delivered vacant, giving buyers the opportunity to move right in or immediately secure a market-rate tenant. The first-floor unit remains occupied, providing built-in income. Located just minutes from I-95, Route 146, downtown Providence, schools, shopping, and public transportation, this home combines neighborhood charm with unbeatable commuter access. Sale is subject to the seller securing suitable housing. A rare opportunity to own a well-kept multi-family in one of Providence’s most sought-after neighborhoods — schedule your showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Madelynn Duarte 401-481-7357,

    Innovations Realty

    Bought with:

    Massiel Contreras, RES.0048365

    Bani Properties

    Source: StateWide MLS RI,MLS#: 1405803MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Vinyl
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,306
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: No Garage
    Lot
    • Size: 3,998 Square Feet
    Details
    • Parcel number: PROVM76L264
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer, Public Connected
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $225/sqft
    • Tax assessed value: $481,700
    • Annual tax amount: $3,634
    • Date on market: 3/3/2026
    • Inclusions: driveway is a shared driveway ; subject to suitable housing (seller is under contract currently)
    • Total actual rent: 0
    • Tenant pays: Heat

    Price history

    Price history is unavailable.

    Public tax history

    YearProperty taxesTax assessment
    2025$3,637 -39.9%$481,700 +46%
    2024$6,056 +3.1%$330,000
    2023$5,874 $330,000
    2022$5,874 +37.3%$330,000 +89.4%
    2021$4,278 0%$174,200
    2020$4,278 $174,200
    2019$4,278 +1.3%$174,200 +31.9%
    2018$4,222 0%$132,100
    2017$4,222 $132,100
    2016$4,222 +5.1%$132,100 +8.8%
    2015$4,018 -1.9%$121,400
    2013$4,097 -27.3%$121,400 -31.3%
    2012$5,635 $176,700
    2011$5,635 +5%$176,700
    2010$5,368 -16%$176,700 -33%
    2009$6,387 +6%$263,800
    2007$6,025 +19.3%$263,800 +57.9%
    2006$5,051 $167,100
    2005$5,051 $167,100
    Find assessor info on the county website

    Neighborhood: Wanskuck

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $546,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $546,100