38 Mitchell Street Providence

$849,900
9 3 3,474 sq ft

The Property

Located in the heart of Elmwood, this well-maintained three-unit property presents a stabilized, income-producing opportunity in one of Providence’s most accessible neighborhoods.

Each unit offers over 1,100 SF with three bedrooms and one full bath, providing strong rental appeal and consistent tenant demand. The property is fully occupied, delivering immediate cash flow. Recent capital improvements include a newer roof, vinyl siding, and new appliances.

A full basement offers ample storage or potential for future expansion. Positioned on a prominent corner lot, the asset benefits from two separate driveways and ample off-street parking

Located minutes from downtown Providence with direct access to Routes 95, 195, and 146, the property offers strong connectivity to major employment centers, supporting long-term rental stability and appreciation potential.

A turnkey multifamily asset with scale, location, and upside.

Read more

Contact Associate

Listing Details

MLS Number

1404675

Lot Size:

0.06 acres

Features

  • Basement: Full, Interior and Exterior, Finished
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Year Built: 1910

Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today219-93.6% decrease in inventory
    New on Market *12011.1% increase in new listings
    Avg. Asking Price/Sq.Ft. *$288.74$34 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$613,407$43,731 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.48%2.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$320.16$30 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7311 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!