Introducing 86 Transit Street, a two-family property in the heart of Providence's East Side, just steps from Brown University and RISD. Great opportunity for owner-occupants. This versatile property includes a finished bonus space on the 1st floor, offering additional flexibility for investors or owner-occupants alike. Recent capital improvements include a new Utica direct-vent condensing gas heating system (January 2026) and a new hot water tank (2025), providing efficiency and peace of mind. The property features shared laundry and 2-3 off-street parking spaces. With strong rental demand driven by its prime location, 86 Transit Street is well-suited for owner-occupants and traditional rentals, or potential short term rental use. A savvy buyer may also explore the potential to convert the bonus space into an accessory dwelling unit, creating additional value. The property will be delivered vacant
For sale
Price cut: $26K (9/22)
$749,000
86 Transit St, Providence, RI 02906
4beds
2,672sqft
Multi Family
Built in 1800
-- sqft lot
$734,200 Zestimate®
$280/sqft
$-- HOA
What's special
Shared laundryNew hot water tank
- 31 days
- 800
- 49
Zillow last checked:
Listing updated:
Listed by:
Spencer Kelleher 508-493-7093,
William Raveis Inspire
Source: StateWide MLS RI,MLS#: 1421996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- Wall Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Common Area, In Building
Features
- Plumbing (Mixed)
- Flooring: Hardwood
- Basement: Partial,Interior Entry,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,672
- Total interior livable area: 2,672 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Lot
- Size: 1,502 Square Feet
- Features: Local Historic District
Details
- Parcel number: PROVM16L544
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard
- Foundation: Stone
Condition
- New construction: No
- Year built: 1800
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Connected
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Providence
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $917,700
- Annual tax amount: $12,847
- Date on market: 8/31/2026
- Inclusions: Legal 2 family
- Total actual rent: 0
Estimated market value
$734,200
$697,000 - $771,000
$4,135/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $749,000-3.4%$280/sqft |
Source:  StateWide MLS RI #1421996 Report a problem | ||
| 8/31/2026 | Listed for sale | $775,000-3.1%$290/sqft |
Source: StateWide MLS RI #1421996 Report a problem | ||
| 8/27/2026 | Listing removed | $799,999$299/sqft |
Source: StateWide MLS RI #1413023 Report a problem | ||
| 8/19/2026 | Contingent | $799,999$299/sqft |
Source: StateWide MLS RI #1413023 Report a problem | ||
| 7/30/2026 | Price change | $799,999-5.8%$299/sqft |
Source: StateWide MLS RI #1413023 Report a problem | ||
| 5/19/2026 | Listed for sale | $849,000-5.1%$318/sqft |
Source: StateWide MLS RI #1413023 Report a problem | ||
| 5/19/2026 | Listing removed | $895,000$335/sqft |
Source: StateWide MLS RI #1410543 Report a problem | ||
| 4/20/2026 | Listed for sale | $895,000+103.4%$335/sqft |
Source: StateWide MLS RI #1410543 Report a problem | ||
| 3/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/20/2023 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/18/2022 | Listed for rent | $1,650+11.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/11/2021 | Listed for rent | $1,475-4.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/2/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/9/2020 | Listing removed | $1,550$1/sqft |
Source: Owner Report a problem | ||
| 3/6/2020 | Listed for rent | $1,550+19.2%$1/sqft |
Source: Owner Report a problem | ||
| 1/26/2019 | Listing removed | $1,300 |
Source: Zillow Rental Manager Report a problem | ||
| 1/20/2019 | Listed for rent | $1,300 |
Source: Zillow Rental Manager Report a problem | ||
| 3/30/2018 | Sold | $440,000-6.3%$165/sqft |
Source: Public Record Report a problem | ||
| 12/18/2017 | Listing removed | $469,500$176/sqft |
Source: Doyle Realty #1173537 Report a problem | ||
| 10/11/2017 | Price change | $469,500-5.2%$176/sqft |
Source: Doyle Realty #1173537 Report a problem | ||
| 9/17/2017 | Listed for sale | $495,000$185/sqft |
Source: Doyle Realty #1173537 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,848 +10.4% | $917,700 +44.7% |
| 2024 | $11,639 +3.1% | $634,300 |
| 2023 | $11,291 | $634,300 |
| 2022 | $11,291 +9.7% | $634,300 +51.3% |
| 2021 | $10,293 0% | $419,100 |
| 2020 | $10,293 | $419,100 |
| 2019 | $10,293 -10.2% | $419,100 +16.9% |
| 2018 | $11,458 0% | $358,500 |
| 2017 | $11,458 | $358,500 |
| 2016 | $11,458 +28.1% | $358,500 +32.7% |
| 2015 | $8,944 -1.9% | $270,200 |
| 2013 | $9,119 -16.8% | $270,200 -21.4% |
| 2012 | $10,964 | $343,800 |
| 2011 | $10,964 +5% | $343,800 |
| 2010 | $10,445 +27.7% | $343,800 +1.8% |
| 2009 | $8,178 +6% | $337,800 |
| 2007 | $7,715 -30.1% | $337,800 -7.5% |
| 2006 | $11,043 | $365,300 |
| 2005 | $11,043 | $365,300 |
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.Climate risks
Neighborhood: Fox Point
Similar homes
- $825,0007 bd3 ba3k sqft88 Doyle Ave, Providence, RI 02906For Sale
MLS ID #1423641, Gerri Schiffman, Residential Properties Ltd.. StateWide MLS RI - $698,9005 bd5 ba2.7k sqft89 Knowles St, Providence, RI 02906For Sale
MLS ID #1410946, Mariana Freitas Novo, William Raveis Inspire. StateWide MLS RI - $715,0005 bd3 ba2.3k sqft56 Barton St, Providence, RI 02909For Sale
MLS ID #1422951, Spencer Kelleher, William Raveis Inspire. StateWide MLS RI - $889,0004 bd2 ba2.1k sqft203 Power St, Providence, RI 02906For Sale
MLS ID #1420185, Kira Greene, Compass. StateWide MLS RI - $649,9005 bd3 ba1.6k sqft62 Mary Ave, East Providence, RI 02914For SaleMLS ID #1424785, Isabel Garcia, J. Christopher Real Estate Grp. StateWide MLS RI
- $850,0005 bd2 ba1.8k sqft90 Oak St, Providence, RI 02909For SaleMLS ID #1423336, Roberto Mejia, Redfin Corporation. StateWide MLS RI
- $690,0005 bd2 ba2k sqft98 Wadsworth St, Providence, RI 02907For SaleMLS ID #1420001, Emmanuel Correa, Century 21 Visionary Group. StateWide MLS RI
- $659,9006 bd3 ba2.8k sqft56 Felix St, Providence, RI 02908For SaleMLS ID #1422899, Scott Champagne, Compass. StateWide MLS RI
- $699,0007 bd3 ba3.2k sqft1213 Smith St, Providence, RI 02908For SaleMLS ID #1422206, List with Lyon Team, HERE Realty. StateWide MLS RI
- $859,0003 bd3 ba2.3k sqft12 Glendale Ave, Providence, RI 02906For SaleMLS ID #1423297, Benjamin Scungio, SERHANT.. StateWide MLS RI
- $550,0005 bd3 ba2.6k sqft61 Douglas Ave, Providence, RI 02908For SaleMLS ID #1421978, Kyle Seyboth, Century 21 Limitless. StateWide MLS RI
- $1,100,0005 bd5 ba3.6k sqft407 Benefit St, Providence, RI 02903For SaleMLS ID #1420707, Spencer Kelleher, William Raveis Inspire. StateWide MLS RI
- $724,9005 bd5 ba3.1k sqft1340 Cranston St, Cranston, RI 02920For SaleMLS ID #1421970, Brandan Burke, Amaral & Associaties RE, Inc.. StateWide MLS RI
- $599,9006 bd3 ba2.5k sqft74 Veazie St, Providence, RI 02908For SaleMLS ID #1422105, Anastasia Kaufman, REMAX Revolution. StateWide MLS RI
- $600,0005 bd3 ba2.3k sqft85 Moorland Ave, Providence, RI 02908For SaleMLS ID #1422874, Brian Greene, Keller Williams Leading Edge. StateWide MLS RI
- $599,0005 bd3 ba2.5k sqft83 Terrace Ave, Providence, RI 02909For SaleMLS ID #1421951, Devon Urena, Smith and Oak Real Estate Co.. StateWide MLS RI
- $795,0003 bd4 ba3.9k sqft1358 Smith St, North Providence, RI 02911For SaleMLS ID #1422904, Joe Roch, Residential Properties Ltd. StateWide MLS RI
- $450,0005 bd2 ba2.3k sqft11 Grand View St, Providence, RI 02906For SaleMLS ID #1423920, Daniel Flynn, Keller Williams Leading Edge. StateWide MLS RI
- $735,0007 bd4 ba3.4k sqft49 Arnold St E, Riverside, RI 02915For SaleMLS ID #1420584, Marissa Bouchard, Broadway Real Estate Group. StateWide MLS RI
- $599,9004 bd2 ba1.8k sqft144 Dante St, Providence, RI 02908For SaleMLS ID #1416117, Denali Group, Keller Williams Leading Edge. StateWide MLS RI
