54 - 56 Diamond Street Providence

$675,000
6 3 3,138 sq ft

The Property

Introducing a brand-new construction two-family home in the heart of Providence—perfect for owner-occupants, investors, or anyone seeking strong rental income with low maintenance. Each spacious unit features 3 bedrooms and 1.5 bathrooms, thoughtfully designed with modern finishes and high-efficiency systems throughout.

Step into bright, open-concept living rooms that flow seamlessly into contemporary kitchens with sleek cabinetry, durable countertops, energy-efficient appliances, and ample storage. The first floor of each unit includes a convenient half bath and laundry hookups, while the second floor offers three well-sized bedrooms and a full bathroom.

Built with energy savings in mind, this property is equipped with high-efficiency heating and cooling systems, ensuring year-round comfort and reduced utility costs. Exterior features include maintenance-friendly siding, new windows, and off-street parking.

Located near Federal Hill and the Armory District, this home offers incredible access to vibrant dining, historic architecture, and Providence’s most desirable amenities. Whether you’re looking to live in one unit and collect rent from the other, or add a long-term, low-expense asset to your portfolio, this new construction two-family is an outstanding opportunity in a growing area.

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Listing Details

MLS Number

1400948

Lot Size:

0.07 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Laundry, Storage Space
  • Heating: Electric, Forced Air
  • Heating Fuel: Electric, Forced Air
  • Laundry
  • Year Built: 2025

Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today286-91.6% decrease in inventory
    New on Market *144-10% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$302.56$1 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$635,421$92,207 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.20%-5.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$301.26$15 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *687 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

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