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Sold for $366,000
    • $366,000

    507 Academy Ave, Providence, RI 02908

    4beds
    1,245sqft
    Single Family Residence
    Built in 1925
    5,662 Square Feet Lot
    $359,600 Zestimate®
    $294/sqft
    $3,148 Estimated rent

    Home value

    $359,600

    $342,000 - $378,000

    $3,148/mo

    Zestimate® history
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    $3,148/mo

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    What's special

    Opportunity is knocking at 507 Academy Ave in Providence’s desirable Elmhurst neighborhood! This 4-bedroom, 1.5-bath home offers incredible value with strong bones and endless upside—a little TLC can go a long way. Zoned R-3, presenting prime potential for investors including possible multi-family conversion or ADU addition (buyer to perform due diligence). The existing layout and garage offer flexibility for expansion and increased rental income. Located just minutes from downtown Providence, major highways, and within walking distance to Providence College, Rhode Island College, and La Salle Academy. Whether you’re an investor looking for your next value-add project or an owner-occupant ready to build equity, this is your chance to secure a property with serious upside. Priced to sell—don’t miss out! Will not pass FHA. Schedule your viewing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Krystle Cook 401-451-6454,

    Innovations Realty

    Bought with:

    Kyle Seyboth, REB.0019335

    Century 21 Limitless

    Source: StateWide MLS RI,MLS#: 1407187MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Forced Air, Steam
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    Features
    • Wall (Dry Wall), Wall (Paneled), Wall (Wood), Stairs
    • Flooring: Hardwood, Other, Carpet
    • Basement: Full,Bulkhead,Unfinished,Laundry,Storage Space,Utility
    • Attic: Attic Stairs
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,245
    • Total interior livable area: 1,245 sqft
    • Finished area above ground: 1,245
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Driveway
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Fencing: Fenced
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: PROVM116L8
    • Zoning: R3
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Paneled, Wood Wall(s), Shingles
    • Foundation: Mixed, Stone
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Near Public Transport, Highway Access, Hospital, Private School, Public School, Restaurants
    • Subdivision: Elmhurst
    HOA
    • Has HOA: No
    Location
    • Region: Providence

    Financial & listing details

    • Price per square foot: $294/sqft
    • Tax assessed value: $355,700
    • Annual tax amount: $5,193
    • Date on market: 3/23/2026

    Price history

    DateEventPrice
    5/19/2026Sold$366,000+4.6%$294/sqft
    Source: StateWide MLS RI #1407187 Report a problem
    3/27/2026Pending sale$349,900$281/sqft
    Source: StateWide MLS RI #1407187 Report a problem
    3/23/2026Listed for sale$349,900$281/sqft
    Source: StateWide MLS RI #1407187 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,988 -43.9%$355,700 +22.7%
    2024$5,322 +3.1%$290,000
    2023$5,162 $290,000
    2022$5,162 +2.4%$290,000 +41.3%
    2021$5,040 +0%$205,200
    2020$5,040 +113.5%$205,200
    2019$2,360 +19.1%$205,200 +45.8%
    2018$1,981 -55.9%$140,700
    2017$4,497 $140,700
    2016$4,497 -10.8%$140,700 -7.6%
    2015$5,041 -1.9%$152,300
    2013$5,140 -5.3%$152,300 -10.5%
    2012$5,428 $170,200
    2011$5,428 +5%$170,200
    2010$5,171 -11.4%$170,200 -29.4%
    2009$5,837 +6%$241,100
    2007$5,507 +1%$241,100 +33.6%
    2006$5,453 $180,400
    2005$5,453 $180,400
    Find assessor info on the county website

    Neighborhood: Elmhurst

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    Estimated market value
    $359,600
    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
    $359,600

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