Welcome to this excellent investment or owner-occupant opportunity! This well-maintained two-family home offers a prime Providence location with convenient access to major highways, hospitals, medical offices, shopping, parks, and Downtown Providence. The property also features a finished basement with an in-law setup. A versatile property with outstanding income and multi-generational living potential.
For sale
$550,000
216 Ocean St, Providence, RI 02905
7beds
3,256sqft
Multi Family
Built in 1942
-- sqft lot
$562,000 Zestimate®
$169/sqft
$-- HOA
What's special
- 42 days |
- 274 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Jimenez 401-595-9282,
Keller Williams Leading Edge
Source: StateWide MLS RI,MLS#: 1418056
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, Steam
Cooling
- Window Unit(s)
Features
- Flooring: Hardwood, Laminate, Other
- Basement: Partial,Interior Entry,Partially Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 5,060
- Total interior livable area: 3,256 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 5,061 Square Feet
Details
- Parcel number: PROVM54L690
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $394,700
- Annual tax amount: $2,230
- Date on market: 7/16/2026
- Inclusions: Seller is VERY motivated.
- Total actual rent: 0
Estimated market value
$562,000
$534,000 - $590,000
$2,315/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $550,000$169/sqft |
Source:  StateWide MLS RI #1418056 Report a problem | ||
| 7/25/2026 | Pending sale | $550,000$169/sqft |
Source: StateWide MLS RI #1418056 Report a problem | ||
| 7/22/2026 | Contingent | $550,000$169/sqft |
Source: StateWide MLS RI #1418056 Report a problem | ||
| 7/16/2026 | Listed for sale | $550,000$169/sqft |
Source: StateWide MLS RI #1418056 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,980 -40.1% | $394,700 +45.6% |
| 2024 | $4,973 +3.1% | $271,000 |
| 2023 | $4,824 | $271,000 |
| 2022 | $4,824 +7.4% | $271,000 +48.2% |
| 2021 | $4,492 +105.7% | $182,900 |
| 2020 | $2,184 0% | $182,900 |
| 2019 | $2,185 +24.7% | $182,900 +51.9% |
| 2018 | $1,753 -54.5% | $120,400 |
| 2017 | $3,848 | $120,400 |
| 2016 | $3,848 +10.8% | $120,400 +14.8% |
| 2015 | $3,472 -1.9% | $104,900 |
| 2013 | $3,540 -9.3% | $104,900 -14.3% |
| 2012 | $3,903 | $122,400 |
| 2011 | $3,903 +4.9% | $122,400 |
| 2010 | $3,719 -36% | $122,400 -49% |
| 2009 | $5,815 +6% | $240,200 |
| 2007 | $5,486 +21.9% | $240,200 +61.3% |
| 2006 | $4,501 | $148,900 |
| 2005 | $4,501 | $148,900 |
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: 0.2 mi
- 2/10Roger Williams Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10Juanita Sanchez Educational ComplexGrades: 9-12Distance: 0.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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