For sale

$849,000

86 Transit St, Providence, RI 02906

4beds

2,672sqft

Get pre-qualified

Multi Family

Built in 1800

-- sqft lot

$830,100 Zestimate^®

$318/sqft

$-- HOA

What's special

Finished bonus spaceShared laundryNew hot water tank

Introducing 86 Transit Street, a two-family investment opportunity in the heart of Providence's East Side, just steps from Brown University and RISD. This versatile property includes a finished bonus space, 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, 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 can be delivered vacant at closing.

37 days

610

27

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Baseboard, Forced Water

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater
Laundry: Common Area, In Building

Features

Flooring: Hardwood
Basement: Full,Interior Entry,Finished
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: Brick/Mortar, Block

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: $318/sqft
Tax assessed value: $917,700
Annual tax amount: $12,847
Date on market: 5/19/2026
Total actual rent: 5100

Estimated market value

$830,100

$789,000 - $872,000

$3,800/mo

Price history

Date	Event	Price
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.

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.

Get pre-qualified