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.
Sold for $560,000
$560,000
342 Academy Ave, Providence, RI 02908
4beds
3,327sqft
Multi Family
Built in 1900
-- sqft lot
$560,400 Zestimate®
$168/sqft
$2,373 Estimated rent
Home value
$560,400
$510,000 - $616,000
$2,373/mo
Zestimate® history
Owner options
List your home for rent
$2,373/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,373/mo
Rent Zestimate®
Refinance and save
$3,545/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,545/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Hardwood flooringSizable commercial storefrontPlenty of natural lightCorner lot
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#: 1403083
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 sqft
- 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 & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
Location
- Region: Providence
- Subdivision: Mt Pleasant
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Sold | $560,000-6.7%$168/sqft |
Source:  StateWide MLS RI #1403083 Report a problem | ||
| 4/22/2026 | Pending sale | $599,900$180/sqft |
Source: StateWide MLS RI #1403083 Report a problem | ||
| 1/12/2026 | Listed for sale | $599,900-6.3%$180/sqft |
Source: StateWide MLS RI #1403083 Report a problem | ||
| 1/9/2026 | Listing removed | $639,900$192/sqft |
Source: StateWide MLS RI #1396979 Report a problem | ||
| 11/23/2025 | Price change | $639,900-1.5%$192/sqft |
Source: StateWide MLS RI #1396979 Report a problem | ||
| 10/6/2025 | Listed for sale | $649,900-3.7%$195/sqft |
Source: StateWide MLS RI #1396979 Report a problem | ||
| 10/3/2025 | Listing removed | $675,000$203/sqft |
Source: StateWide MLS RI #1390122 Report a problem | ||
| 7/16/2025 | Listed for sale | $675,000$203/sqft |
Source: StateWide MLS RI #1390122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 6/10George J. West Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Nathanael Greene Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Mount Pleasant High SchoolGrades: 9-12Distance: 0.6 mi
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
$560,400
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
$560,400
- Rhode Island
- Providence County
- Providence
- 02908
- Mount Pleasant
- 342 Academy Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Providence Topics
