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For sale
  • $599,000

    555 Branch Ave, Providence, RI 02904

    6beds
    2,742sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $596,100 Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Spacious layoutSix generously sized bedrooms
    INVESTORS THIS IS YOUR OPPORTUNITY!!! Located in the vibrant center of Providence, this well-positioned 6-bedroom, 3-bathroom property presents an exceptional opportunity for investors seeking strong rental potential and long-term value. Situated just minutes from downtown, major universities, hospitals, restaurants, and public transportation, the property benefits from consistent demand in one of the city's most desirable rental markets. Featuring a spacious layout with six generously sized bedrooms and three full bathrooms, the home offers flexibility for student housing, multi-tenant leasing, or a large-family rental. The property's attractive price point, combined with its highly sought-after location, makes it a compelling addition to any investment portfolio. Conveniently situated near downtown, universities, hospitals, shopping, dining, and public transportation, it benefits from strong rental demand and excellent accessibility. Whether you're looking to generate immediate cash flow or capitalize on Providence's continued growth and redevelopment, this property delivers the ideal combination of location, size, and investment potential. Opportunities like this in the heart of Providence are increasingly difficult to find—making this a smart choice for both seasoned and first-time investors.
    24 days
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    424
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    31
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    Zillow last checked:

    Listing updated:

    Listed by:

    Hilda Vargas 401-865-0224,

    Ocean Blue Realty

    Source: StateWide MLS RI,MLS#: 1414324MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Natural Gas, Baseboard
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      • Laundry: In Building
      Features
      • Flooring: Ceramic Tile, Hardwood
      • Basement: Full,Interior Entry,Unfinished,Laundry
      • Number of fireplaces: 1
      • Fireplace features: Brick
      Interior area
      • Total structure area: 3,592
      • Total interior livable area: 2,742 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: No Garage
      Lot
      • Size: 2,800 Square Feet
      Details
      • Parcel number: PROVM71L121

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Wood
      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, Highway Access
      • Security: Security System Owned
      HOA
      • Has HOA: No
      Location
      • Region: Providence

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $363,900
      • Annual tax amount: $5,095
      • Date on market: 6/24/2026
      • Total actual rent: 0
      • Tenant pays: Heat

        Estimated market value

        $596,100

        $566,000 - $626,000

        $2,357/mo

        Price history

        DateEventPrice
        6/24/2026Listed for sale$599,000$218/sqft
        Source: StateWide MLS RI #1414324 Report a problem
        12/18/2025Listing removed$599,000$218/sqft
        Source: StateWide MLS RI #1399175 Report a problem
        12/9/2025Price change$599,000-0.2%$218/sqft
        Source: StateWide MLS RI #1399175 Report a problem
        10/31/2025Listed for sale$599,900-4.8%$219/sqft
        Source: StateWide MLS RI #1399175 Report a problem
        10/31/2025Listing removed$629,900$230/sqft
        Source: StateWide MLS RI #1395323 Report a problem
        10/20/2025Price change$629,900-1.6%$230/sqft
        Source: StateWide MLS RI #1395323 Report a problem
        10/2/2025Listed for sale$639,900+43.5%$233/sqft
        Source: StateWide MLS RI #1395323 Report a problem
        6/13/2022Listing removed--
        Source: StateWide MLS RI #1310714 Report a problem
        5/31/2022Listed for sale$445,900+71.5%$163/sqft
        Source: StateWide MLS RI #1310714 Report a problem
        11/26/2020Listing removed$1,200
        Source: RE/MAX New Horizons #1269020 Report a problem
        11/2/2020Listed for rent$1,200
        Source: RE/MAX New Horizons #1269020 Report a problem
        10/5/2020Sold$260,000-1.9%$95/sqft
        Source: StateWide MLS RI #1261565 Report a problem
        9/10/2020Pending sale$265,000$97/sqft
        Source: RE/MAX New Horizons #1261565 Report a problem
        8/13/2020Listed for sale$265,000+61.6%$97/sqft
        Source: RE/MAX New Horizons #1261565 Report a problem
        11/2/2010Listing removed$164,000$60/sqft
        Source: MGM Realty Corporation #964634 Report a problem
        4/22/2010Listed for sale$164,000+105%$60/sqft
        Source: MGM Realty Corporation #964634 Report a problem
        7/1/2002Sold$80,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,095 +22.2%$363,900 +60.2%
        2024$4,169 +3.1%$227,200
        2023$4,044 $227,200
        2022$4,044 +22.7%$227,200 +69.3%
        2021$3,296 +0%$134,200
        2020$3,296 $134,200
        2019$3,296 +6.8%$134,200 +38.9%
        2018$3,087 +0%$96,600
        2017$3,087 $96,600
        2016$3,087 +5.8%$96,600 +9.5%
        2015$2,919 -1.9%$88,200
        2013$2,977 -26.1%$88,200 -30.2%
        2012$4,028 $126,300
        2011$4,028 +5%$126,300
        2010$3,837 -0.3%$126,300 -20.6%
        2009$3,849 +6%$159,000
        2007$3,632 -21%$159,000 +4.5%
        2006$4,598 +13%$152,100 +13%
        2005$4,069 $134,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Charles

        Getting around

        83 / 100
        Very Walkable
        41 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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