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Sold for $500,000
  • $500,000

    497 Branch Ave, Providence, RI 02904

    4beds
    1,854sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $527,400 Zestimate®
    $270/sqft
    $2,315 Estimated rent

    Home value

    $527,400

    $469,000 - $596,000

    $2,315/mo

    Zestimate® history
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    $2,315/mo

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    $2,576/mo

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    $2,576/mo

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    What's special

    This charming two-family home offers a fantastic opportunity for both investors and owner-occupants. This well-maintained property features two spacious units with high ceilings and tons of natural light. The first floor features two bedrooms, one and a half baths. The second unit features two bedrooms, one bath. In addition, this second unit also has a town-house style with two flex rooms upstairs that can be used for many different purposes…an office, a den, a playroom, the possibilities are endless! The home sits on a 3,049 sq. ft. lot in a convenient location close to local shops, restaurants, and easy highway access to both 95 and 146. This is ideally situated at just a 50 minute drive to Boston. While they will need a little love, the carport and detached garage prove a valuable feature in this area, though there is also off street parking available. Whether you’re looking to generate rental income or live in one unit while renting the other, this multi-family home is a great investment. To top everything off (from the bottom) you have a full basement with three separate storage rooms ready to help organize and delineate. Don’t miss your chance to own a move-in ready investment property that is conveniently located to just about anything you could need!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Fooks Team 401-681-2508,

    Coldwell Banker Realty,

    Aimee Pittman 401-569-6847,

    Coldwell Banker Realty

    Bought with:

    Marcus Randolph, RES.0042793

    eXp Realty

    Source: StateWide MLS RI,MLS#: 1379009MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard
    Cooling
    • None
    Appliances
    • Laundry: In Building
    Features
    • Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
    • Flooring: Hardwood
    • Basement: Full,Interior Entry,Unfinished,Utility
    • Attic: Attic Stairs, Attic Storage
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,021
    • Total interior livable area: 1,854 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Stories: 2
    Lot
    • Size: 3,201 sqft
    Details
    • Parcel number: PROVM71L135
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Plaster, Vinyl Siding
    • Foundation: Concrete Perimeter
    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, Highway Access, Near Shopping
    Location
    • Region: Providence

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Price history

    DateEventPrice
    5/21/2025Sold$500,000+2.1%$270/sqft
    Source: StateWide MLS RI #1379009 Report a problem
    4/7/2025Contingent$489,900$264/sqft
    Source: StateWide MLS RI #1379009 Report a problem
    3/27/2025Price change$489,900-2%$264/sqft
    Source: StateWide MLS RI #1379009 Report a problem
    3/6/2025Listed for sale$499,900+53.8%$270/sqft
    Source: StateWide MLS RI #1379009 Report a problem
    10/31/2024Sold$325,000$175/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,894 -34.1%$383,300 +60.2%
    2024$4,391 +3.1%$239,300
    2023$4,260 $239,300
    2022$4,260 +8.8%$239,300 +50.1%
    2021$3,915 +113%$159,400 +3.7%
    2020$1,838 +4.8%$153,700
    2019$1,754 +14.2%$153,700 +41.1%
    2018$1,536 -55.9%$108,900
    2017$3,480 $108,900
    2016$3,480 +11.6%$108,900 +15.6%
    2015$3,118 -1.9%$94,200
    2013$3,179 -14.6%$94,200 -19.3%
    2012$3,722 $116,700
    2011$3,722 +5%$116,700
    2010$3,545 -34.8%$116,700 -48%
    2009$5,438 +6%$224,600
    2007$5,130 +14.1%$224,600 +50.9%
    2006$4,498 $148,800
    2005$4,498 $148,800

    Find assessor info on the county website

    Neighborhood: Charles

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $527,400
    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
    $527,400