Sold for $610,000

$610,000

47 Alverson Ave, Providence, RI 02909

5beds

2,292sqft

Multi Family

Built in 1900

-- sqft lot

$627,200 Zestimate^®

$266/sqft

$2,224 Estimated rent

Home value

$627,200

$558,000 - $702,000

$2,224/mo

Zestimate^® history

Owner options

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$2,224/mo

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$2,224/mo

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$3,143/mo

Est. payment

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$3,143/mo

Est. payment

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What's special

Fenced yardOff-street parkingNew roofLarge lot

Turn-key 3-family on a large lot with a fenced yard and off-street parking. Two Navien on-demand tankless hot water systems installed in 2020 along with new roof, windows, bathrooms and deck. Plumbing and electrical were also updated! One tenant in place for over 3 years. Two vacant units ready for an owner-occupant or investor to pick their own tenants. Second floor kitchen has newly updated cabinets and countertops Some pictures taken before current tenant moved in.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Baseboard

Cooling

None

Appliances

Included: Gas Water Heater

Features

Wall (Dry Wall), Plumbing (Mixed), Plumbing (PEX), Plumbing (PVC)
Flooring: Ceramic Tile, Hardwood, Other
Basement: Full,Interior and Exterior,Unfinished,Storage Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,292
Total interior livable area: 2,292 sqft

Property

Parking

Total spaces: 5
Parking features: No Garage, Driveway
Has uncovered spaces: Yes

Features

Stories: 3

Lot

Size: 5,000 Square Feet

Details

Parcel number: PROVM112L52
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Dry Wall, Vinyl Siding
Foundation: Brick/Mortar, Stone

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Municipal

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
Subdivision: Silver Lake

HOA

Has HOA: No

Location

Region: Providence

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $420,000
Annual tax amount: $5,880
Date on market: 10/22/2025
Inclusions: Property tax amount does not include homestead exemption.
Total actual rent: 3000
Tenant pays: Heat

Price history

Date	Event	Price
1/15/2026	Sold	$610,000+3.4%$266/sqft
Source: StateWide MLS RI #1398485 Report a problem
11/28/2025	Pending sale	$589,900$257/sqft
Source: StateWide MLS RI #1398485 Report a problem
11/21/2025	Price change	$589,900-1.7%$257/sqft
Source: StateWide MLS RI #1398485 Report a problem
10/22/2025	Listed for sale	$599,900+96.7%$262/sqft
Source: StateWide MLS RI #1398485 Report a problem
2/26/2021	Listing removed	--
Source: Owner Report a problem
10/20/2020	Listing removed	$1,300$1/sqft
Source: Owner Report a problem
10/16/2020	Sold	$305,000+13%$133/sqft
Source: StateWide MLS RI #1262741 Report a problem
10/16/2020	Listed for rent	$1,300$1/sqft
Source: Owner Report a problem
8/26/2020	Listed for sale	$269,900+315.2%$118/sqft
Source: Keller Williams Realty NRI #1262741 Report a problem
8/27/2019	Sold	$65,000$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,880 +18.7%	$420,000 +55.6%
2024	$4,953 +3.1%	$269,900
2023	$4,804	$269,900
2022	$4,804 +10.8%	$269,900 +52.9%
2021	$4,335 +0%	$176,500
2020	$4,335 +14.2%	$176,500 +7%
2019	$3,795 +18%	$164,900 +51.6%
2018	$3,217 -7.5%	$108,800
2017	$3,477	$108,800
2016	$3,477 +6%	$108,800 +9.8%
2015	$3,280 -1.9%	$99,100
2013	$3,345 -21.7%	$99,100 -26%
2012	$4,270	$133,900
2011	$4,270 +5%	$133,900
2010	$4,068 -38.2%	$133,900 -50.7%
2009	$6,580 +6%	$271,800
2007	$6,208 +33.2%	$271,800 +76.3%
2006	$4,661	$154,200
2005	$4,661	$154,200