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Pending
    • $450,000

    268 Alabama Ave, Providence, RI 02905

    5beds
    1,538sqft
    : 
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    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $293/sqft
    $-- HOA

    What's special

    Central air conditioningFunctional living spaceBrand-new roof
    A rare opportunity to own a beautifully maintained 2-family home that blends versatility, comfort, and long-term value in one exceptional package. Whether you're looking to generate strong rental income, offset your mortgage as an owner-occupant, or expand your investment portfolio, this property checks every box. The first unit offers a spacious 3-bedroom layout filled with natural light and functional living space, while the second unit features a well-designed 2-bedroom floor plan ideal for tenants or multi-generational living. A fully finished basement w/ 3 additional bedrooms and 2 additional bathrooms adds even more flexibility. Perfect for media rooms, home offices, gym, recreation space, or extended living needs! Designed for everyday comfort, the home features central air conditioning along with a detached 2-car garage providing generous parking and additional storage. Major recent upgrades include a brand-new roof and newly installed water heaters, giving buyers added confidence and peace of mind. Perfectly positioned near local colleges, major highways, shopping, dining, and city conveniences, this property offers exceptional accessibility and strong income-producing potential in a highly desirable location. Whether you're searching for your next home or your next smart investment, this is an opportunity you don’t want to miss.
    48 days
    |
    66
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Marko Harrington 401-641-1663,

    RE/MAX ONE

    Source: StateWide MLS RI,MLS#: 1412989MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas, Central, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
      • Laundry: In Building
      Features
      • Plumbing (Mixed), Insulation (Cap)
      • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
      • Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Bedroom(s),Family Room,Laundry,Utility
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,365
      • Total interior livable area: 1,538 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Detached
      • Garage spaces: 2
      Features
      • Stories: 2
      Lot
      • Size: 4,347 Square Feet
      Details
      • Additional structures: Outbuilding
      • Parcel number: PROVM87L551
      • Zoning: 02

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Brick/Mortar, Block
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Electric: 100 Amp Service, 110 Volts, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Highway Access, Hospital, Interstate, Public School, Recreational Facilities, Restaurants, Near Shopping
      • Subdivision: Washington Park
      HOA
      • Has HOA: No
      Location
      • Region: Providence

      Financial & listing details

      • Price per square foot: $293/sqft
      • Tax assessed value: $458,400
      • Annual tax amount: $3,457
      • Date on market: 5/27/2026
      • Inclusions: Owner Annual Expenses: Taxes $3, 457 Insurance $3, 678 Water/Sewer $1, 800
      • Total actual rent: 3450
      • Tenant pays: Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Pending sale$450,000$293/sqft
        Source: StateWide MLS RI #1412989 Report a problem
        5/27/2026Listed for sale$450,000-18%$293/sqft
        Source: StateWide MLS RI #1412989 Report a problem
        2/11/2026Listing removed$549,000$357/sqft
        Source: StateWide MLS RI #1403818 Report a problem
        1/25/2026Listed for sale$549,000+12.1%$357/sqft
        Source: StateWide MLS RI #1403818 Report a problem
        12/18/2024Listing removed$489,900$319/sqft
        Source: StateWide MLS RI #1374347 Report a problem
        12/9/2024Listed for sale$489,900+208.1%$319/sqft
        Source: StateWide MLS RI #1374347 Report a problem
        2/23/2017Sold$159,000$103/sqft
        Source: StateWide MLS RI #1143351 Report a problem
        12/26/2016Listed for sale$159,000$103/sqft
        Source: Cathedral Properties #1143351 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,461 -42.7%$458,400 +39.4%
        2024$6,035 +3.1%$328,900
        2023$5,854 $328,900
        2022$5,854 +33.2%$328,900 +83.7%
        2021$4,396 +66.7%$179,000
        2020$2,638 0%$179,000
        2019$2,638 +8.6%$179,000 +38.5%
        2018$2,429 -41.2%$129,200
        2017$4,129 $129,200
        2016$4,129 +13.7%$129,200 +17.8%
        2015$3,631 -1.9%$109,700
        2013$3,702 -7.3%$109,700 -12.4%
        2012$3,993 $125,200
        2011$3,993 +5%$125,200
        2010$3,804 -38.9%$125,200 -51.3%
        2009$6,222 +6%$257,000
        2007$5,870 +12.8%$257,000 +49.3%
        2006$5,203 $172,100
        2005$5,203 $172,100
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Washington Park

        Getting around

        79 / 100
        Very Walkable
        45 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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