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 residential apartment. The second floor consists of a 2 bedroom stylish apartment with great additional square footage potential (expand to third floor to create a chic townhouse). Replacement windows, artisan hardwoods & period charm. Laundry in basement. Long-term tenants at will. Rents are markedly below current demand. Off- street parking. Property will convey in As-Is condition. Sale is for property only. Schedule your private showing today! Property also listed under commercial/MLS #1404147
For sale
$529,000
217 Elmwood Ave, Providence, RI 02907
3beds
2,570sqft
:
Get pre-qualified$3,291/mo
Multi Family
Built in 1925
-- sqft lot
$527,800 Zestimate®
$206/sqft
$-- HOA
What's special
Laundry in basementOff-street parkingFront porchReplacement windowsPeriod charmArtisan hardwoods
- 288 days |
- 278 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Rachel Wills 401-248-3111,
Peter M. Scotti & Assoc.,Inc.
Source: StateWide MLS RI,MLS#: 1397231
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Forced Water
Cooling
- Individual Unit
Appliances
- Included: Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space,Utility
- Attic: Attic Stairs, Attic Storage
- Number of fireplaces: 1
Interior area
- Total structure area: 2,570
- Total interior livable area: 2,570 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Stories: 3
Lot
- Size: 5,227 Square Feet
- Features: Corner Lot
Details
- Parcel number: PROVM44L697
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Wood
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 150 Amp Service
- Water: Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Public School, Restaurants, Schools, Near Shopping
- Subdivision: Elmwood
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $206/sqft
- Tax assessed value: $436,600
- Annual tax amount: $6,112
- Date on market: 10/16/2025
- Inclusions: Business is not included in the sale. Property being sold As-Is and exterior will not pass FHA financing.
- Total actual rent: 1000
- Tenant pays: Heat
Estimated market value
$527,800
$501,000 - $554,000
$2,478/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Price change | $529,000-8%$206/sqft |
Source:  StateWide MLS RI #1397231 Report a problem | ||
| 10/16/2025 | Listed for sale | $575,000+771.2%$224/sqft |
Source: StateWide MLS RI #1397231 Report a problem | ||
| 11/21/1997 | Sold | $66,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,112 +16.7% | $436,600 +52.9% |
| 2024 | $5,239 +3.1% | $285,500 |
| 2023 | $5,082 | $285,500 |
| 2022 | $5,082 +27.8% | $285,500 +76.3% |
| 2021 | $3,976 0% | $161,900 |
| 2020 | $3,976 | $161,900 |
| 2019 | $3,976 +2.9% | $161,900 +33.9% |
| 2018 | $3,864 0% | $120,900 |
| 2017 | $3,864 | $120,900 |
| 2016 | $3,864 -2.1% | $120,900 +1.4% |
| 2015 | $3,946 -1.9% | $119,200 |
| 2013 | $4,023 -10.1% | $119,200 -15.1% |
| 2012 | $4,477 | $140,400 |
| 2011 | $4,477 +5% | $140,400 |
| 2010 | $4,265 -22.3% | $140,400 -38% |
| 2009 | $5,486 +6% | $226,600 |
| 2007 | $5,176 +14.1% | $226,600 +51.1% |
| 2006 | $4,535 | $150,000 |
| 2005 | $4,535 | $150,000 |
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: West End
Nearby schools
GreatSchools rating
- 2/10Alfred Lima Sr. Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10Roger Williams Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.7 mi
- $540,0009 bd3 ba3k sqft10 Bellevue Ave, Providence, RI 02907Sold
- $--2 bd2 ba-- sqft225 Elmwood Ave #F320A52C6, Providence, RI 02907Off Market
- $--1 bd1 ba-- sqft225 Elmwood Ave #776F18CCB, Providence, RI 02907Off Market
- $--1 bd1 ba-- sqft225 Elmwood Ave #1, Providence, RI 02907Off Market
- $510,0009 bd3 ba3.4k sqft9 Bellevue Ave, Providence, RI 02907Sold
- $--3 bd1 ba1k sqft9 Bellevue Ave #3, Providence, RI 02907Off Market
- $--3 bd1 ba1.2k sqft9 Bellevue Ave UNIT 2, Providence, RI 02907Off Market
- $413,7004 bd1 ba1.3k sqft11 Bellevue Ave, Cranston, RI 02907Off Market
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.
Similar homes
- $575,0006 bd2 ba3.2k sqft147 Parade St, Providence, RI 02907For Sale
MLS ID #1415137, Helene Dominguez, D'Empire Real Estate LLC. StateWide MLS RI - $540,0004 bd3 ba2.5k sqft559 Branch Ave, Providence, RI 02904For Sale
MLS ID #1417754, Lindsay Pettinelli, Churchill & Banks Co., LLC. StateWide MLS RI - $584,0004 bd2 ba1.5k sqft194 Pavilion Ave, Providence, RI 02905For Sale
MLS ID #1416818, Lissette Guzman, Circle 100 Real Estate. StateWide MLS RI - $550,0004 bd2 ba1.4k sqft876 Douglas Ave, Providence, RI 02908For Sale
MLS ID #1415067, Carolina Menendez, D'Empire Real Estate LLC. StateWide MLS RI - $449,0003 bd2 ba3k sqft147 Warrington St, Providence, RI 02907For SaleMLS ID #1411334, Octavio Rex Mitogo, Real Broker, LLC. StateWide MLS RI
- $539,9005 bd2 ba2.3k sqft1111 Charles St, North Providence, RI 02904For SaleMLS ID #1418544, Kenneth Scotti, RE/MAX Properties. StateWide MLS RI
- $590,0004 bd2 ba3k sqft29 Grant St, Providence, RI 02909For SaleMLS ID #1418408, Lissette Guzman, Circle 100 Real Estate. StateWide MLS RI
- $415,0006 bd2 ba2.8k sqft50 Carolina Ave, Providence, RI 02905For SaleMLS ID #1418889, Gisbelis Mosquea, My Dream Home Realty. StateWide MLS RI
- $529,0002 bd2 ba1.4k sqft55 Lexington Ave, North Providence, RI 02904For SaleMLS ID #1415306, Blanchet Group, RE/MAX Town & Country. StateWide MLS RI
- $759,9006 bd3 ba2.9k sqft104 Chapin Ave, Providence, RI 02909For SaleMLS ID #1418631, Daniel Hornby, Elm Real Estate & Design. StateWide MLS RI
- $539,0003 bd2 ba2.1k sqft85 Commonwealth Ave, Warwick, RI 02886For SaleMLS ID #1418794, Julie Stabile, Dream Living Realty LLC. StateWide MLS RI
- $659,0006 bd2 ba2k sqft6 Fowler St, Providence, RI 02909For SaleMLS ID #1418008, Maria Valdez, Focus Realty. StateWide MLS RI
- $549,9003 bd2 ba2.4k sqft6 Balsam Ct, Johnston, RI 02919For SaleMLS ID #1414088, Donna Powers, CENTURY 21 Gonsalves - Pastore. StateWide MLS RI
- $475,0005 bd2 ba1.4k sqft36 Messina St, Providence, RI 02908For SaleMLS ID #1413077, The ALBA Group, Innovations Realty. StateWide MLS RI
- $575,0003 bd2 ba2.4k sqft99 Lookout Ave, Cranston, RI 02920For SaleMLS ID #1417628, Dayro Jaramillo, Tanasio Realty Advisors. StateWide MLS RI
- $615,0006 bd3 ba3.3k sqft72 Academy Ave, Providence, RI 02908For SaleMLS ID #1412448, Kyle Seyboth, Century 21 Limitless. StateWide MLS RI
- $500,0004 bd2 ba2.4k sqft9 Briar Hill Rd, North Providence, RI 02904For SaleMLS ID #1416872, Rose Michel, My Dream Home Realty. StateWide MLS RI
- $499,9995 bd4 ba2.8k sqft8 Washington St, Pawtucket, RI 02860For SaleMLS ID #1414803, Charley McKenna, REMAX Revolution. StateWide MLS RI
- $540,0004 bd2 ba1.5k sqft93 French St, Pawtucket, RI 02860For SaleMLS ID #1415912, Nathan Gallison, Greco Real Estate. StateWide MLS RI
- $669,9996 bd3 ba2.6k sqft471-473 Chalkstone Ave, Providence, RI 02908For SaleMLS ID #1404556, Jackeline Martinez, Regal Realty. StateWide MLS RI
