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Sold for $560,000
    • $560,000

    342 Academy Ave, Providence, RI 02908

    4beds
    3,327sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $565,400 Zestimate®
    $168/sqft
    $2,596 Estimated rent

    Home value

    $565,400

    $503,000 - $633,000

    $2,596/mo

    Zestimate® history
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    What's special

    Hardwood flooringSizable commercial storefrontPlenty of natural lightCorner lot
    Commercial/Residential mixed-use building for sale! Perfect opportunity for investment or owner-occupy. Attractive building on a corner lot that has been well maintained. Great steady income producing property. Featuring a salon, 2 existing apartments & a 4th level with expansion potential. Plenty of off street parking and separate utilities. Apartments are 2 bed 1 bath each with hardwood flooring and plenty of natural light. The sizable commercial storefront which is currently outfitted as a hair salon is ready to start doing business immediately. This property is clean, fresh and in turnkey condition throughout! A fantastic opportunity to own, live and generate income all in one location. Close proximity to all area shopping, restaurants, amenities, the interstate and downtown! PROPERTY SOLD "AS-IS" AND MAY NOT QUALIFY FOR ALL TYPES OF FINANCING Please Note: Sale is for the property only and does not include salon equipment which can be negotiated separately.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Ferrara 401-952-4072,

    Coldwell Banker Realty

    Bought with:

    Nicholas Ferrara, REB.0019274

    Coldwell Banker Realty

    Source: StateWide MLS RI,MLS#: 1403083MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Central Air, Gas on Gas
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    • Laundry: In Building
    Features
    • Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Laminate, Other, Vinyl
    • Basement: Full,Interior Entry,Unfinished,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,327
    • Total interior livable area: 3,327 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 4,508 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: PROVM84L231
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Paneled, Plaster, Vinyl Siding
    • Foundation: Unknown
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
    • Subdivision: Mt Pleasant
    HOA
    • Has HOA: No
    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $168/sqft
    • Tax assessed value: $465,100
    • Annual tax amount: $9,175
    • Date on market: 1/12/2026
    • Inclusions: SALON EQUIPMENT TO BE NEGOTIATED SEPARATELY
    • Total actual rent: 0
    • Tenant pays: Heat

    Price history

    DateEventPrice
    6/16/2026Sold$560,000-6.7%$168/sqft
    Source: StateWide MLS RI #1403083 Report a problem
    4/22/2026Pending sale$599,900$180/sqft
    Source: StateWide MLS RI #1403083 Report a problem
    1/12/2026Listed for sale$599,900-6.3%$180/sqft
    Source: StateWide MLS RI #1403083 Report a problem
    1/9/2026Listing removed$639,900$192/sqft
    Source: StateWide MLS RI #1396979 Report a problem
    11/23/2025Price change$639,900-1.5%$192/sqft
    Source: StateWide MLS RI #1396979 Report a problem
    10/6/2025Listed for sale$649,900-3.7%$195/sqft
    Source: StateWide MLS RI #1396979 Report a problem
    10/3/2025Listing removed$675,000$203/sqft
    Source: StateWide MLS RI #1390122 Report a problem
    7/16/2025Listed for sale$675,000$203/sqft
    Source: StateWide MLS RI #1390122 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,790 $465,100 +77.9%
    2024-- $261,400
    2023-- $261,400
    2022-- $261,400 +28.6%
    2021-- $203,200
    2020$7,457 $203,200
    2019$7,457 $203,200 +23.2%
    2018-- $165,000
    2017-- $165,000
    2016-- $165,000 +7.2%
    2015-- $153,900 -0.1%
    2011-- $154,100
    2010-- $154,100 -46.6%
    2009-- $288,700
    2007$6,594 $288,700 +67.2%
    2006-- $172,700
    2005-- $172,700
    Find assessor info on the county website

    Neighborhood: Mount Pleasant

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    Estimated market value
    $565,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $565,400

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