Quick Providence City RI MLS Search

Browse All Providence City RI Multi-Family Properties for Sale

30 Royal Street, Providence
$629,900
5 Beds ⋅ 3 Baths
Set in Providence's Mount Hope neighborhood, this thoughtfully improved two-family pairs the character of an older East Side home with an extensive list of updates made for owner-occupant living. The first-floor unit features a new kitchen with maple countertops and appliances, new hardwood flooring, a tiled bath, reclaimed antique doors, and in-unit laundry. Upstairs, the spacious townhouse-style second unit spans two floors and is filled with distinctive details, including refinished original floors, vintage lighting, skylights, custom radiator covers, and reclaimed antique doors. Its trim, baseboards, window casings, beadboard, and built-in entry bench were salvaged from a historic Newton mansion, adding craftsmanship and character rarely found in a multi-family. The unit also offers an updated kitchen with maple countertops, tiled baths, and third-floor laundry. Improvements extend well beyond the interior with a new roof, all new windows, improved insulation, full exterior painting, repointed foundation brickwork, repaired porches, and a refinished front staircase. The landscaped backyard has been designed with separate patio spaces for each apartment, giving both units their own place to enjoy outdoors. Just steps from Frank & Laurie's, Oak Bake Shop, neighborhood parks, and everything that makes the East Side so desirable, this is a special opportunity for an owner-occupant or investor looking for a property where much of the work has already been done.

30 Royal Street, Providence

Listing courtesy of Residential Properties Ltd.. Contact:

229 Morris Avenue, Providence
$1,249,000
6 Beds ⋅ 3 Baths
Welcome to 229 Morris Avenue, an exceptional two-family residence in the heart of Providence's highly sought-after East Side! Beautifully blending historic charm with modern updates, this impressive property offers a rare opportunity for both owner-occupants and investors. The stunning townhouse-style owner's unit spans the 2nd and 3rd floors, offering nearly 1,900 square feet of sun-filled living space, 4 spacious bedrooms, a dedicated home office, 2 full bathrooms, and an oversized walk-in closet that can easily be converted back into a 5th bedroom. Soaring ceilings, beautiful hardwood floors, abundant natural light, and an updated kitchen create an inviting atmosphere throughout. The 1st floor unit offers 2 bedrooms, 1 full bathroom, and comfortable living space, with a current month-to-month tenancy providing an excellent opportunity for rental income. Each unit enjoys its own spacious private rear deck, while the desirable corner lot offers a detached two-car garage, additional off-street parking, and a full basement providing ample storage. Ideally situated near Brown University, RISD, neighborhood restaurants, shopping, parks, and downtown Providence, this remarkable property delivers the perfect combination of location, character, modern comfort, and income potential. Whether you're searching for a beautiful primary residence with supplemental rental income or a valuable addition to your investment portfolio, 229 Morris Avenue is an opportunity not to be missed!

229 Morris Avenue, Providence

Listing courtesy of The Q Group Realty. Contact:

27 carter Street, Providence
$699,900
6 Beds ⋅ 2 Baths
?Brand-new construction in Providence! A rare opportunity to own a newly built legal two-family offering modern finishes, spacious layouts, and incredible versatility. Each unit will feature 3 bedrooms, 1 full bathroom, in-unit laundry, a bright living area, and a brand-new kitchen, along with gas heating, central air conditioning, blown-in insulation throughout, and durable contemporary plank flooring. The bathrooms will feature tile flooring and tiled tub/shower surrounds, adding a clean, modern finish to each unit. The property is currently approximately 70% complete, giving the next owner a unique opportunity to put their own finishing touches on the home. Kitchen cabinetry has already been selected, while a buyer acting quickly may still have the opportunity to choose granite countertop colors and interior paint colors and discuss additional customization with the seller before the final stages of construction begin. The basement is already roughed out for a potential ADU, creating additional possibilities for future living space, subject to all applicable approvals and permitting.W ith its modern exterior, brand-new systems and finishes, three-bedroom units on each floor, central air, laundry, and potential future expansion, this is a unique opportunity in the Providence multi-family market.Taxes to be determined upon completion and assessment.

27 carter Street, Providence

Listing courtesy of RE/MAX Preferred. Contact: themercuriogroup@gmail.com

119 Elmwood Avenue, Providence
$739,999
7 Beds ⋅ 3 Baths
Welcome to 119 Elmwood Avenue, a legal three-family property offering an excellent opportunity for both owner-occupants and investors. Whether you're a first-time homebuyer looking to begin building equity through real estate or an investor seeking to expand your portfolio, this multifamily offers flexibility and long-term potential. For an owner-occupant, this is an opportunity to live in one unit while generating rental income from the additional units to help offset monthly housing expenses. Investors can take advantage of three separate units and the property's established multifamily configuration. The property features spacious living areas, functional kitchens and baths, separate utilities, off-street parking, and additional basement storage. The units offer comfortable layouts with a combination of wood, tile, and updated flooring, along with opportunities for continued improvements and future value enhancement. Conveniently located near Downtown Providence, schools, shopping, restaurants, public transportation, and major highway access, the property provides easy connectivity to many of the amenities Providence has to offer. Whether you're looking to purchase your first multifamily, pursue an owner-occupied investment strategy, or add another income-producing property to your portfolio, 119 Elmwood Avenue is an opportunity worth exploring. Schedule your private showing today!

119 Elmwood Avenue, Providence

Listing courtesy of REALPRO by The Water. Contact:

67 Ridge Street, Providence
$1,500,000
11 Beds ⋅ 6 Baths
Former convent with maintenance-free brick exterior, reimagined into a documented income-producing property across three floors. Eleven bedrooms and six baths span a layout built for shared occupancy: the first floor centers on a spacious furnished common area with vending for guest convenience, an ensuite with private bath, and two bedrooms sharing a bath; the second and third floors each repeat an ensuite plus three bedrooms sharing a common bath and kitchen. That room-around-common-space structure extends this property's appeal beyond the conventional investor to group home operators, transitional or sober-living housing, student housing, and institutional or nonprofit buyers. **A finished lower level adds five rooms, a bath, and coin-op laundry not counted toward the bedroom total due to window egress sizing, offering future expansion potential once brought into code compliance.**Documented annual income runs $174,960 across a diversified revenue base long-term tenancy alongside an active short-term rental operation through Airbnb and Cloudbeds and the property is sold fully furnished, running near a 7.5% cap rate at the current ask.**Located in the heart of Federal Hill, within walking distance of Atwells Avenue's restaurants, shops, and entertainment, with the West Side's full range of amenities close by. Ample on-site parking, a nearby dog park, and easy access to downtown Providence and the train.

67 Ridge Street, Providence

Listing courtesy of Westcott Properties. Contact:

85 Moorland Avenue, Providence
$600,000
5 Beds ⋅ 3 Baths
Looking for a legal two-family home in Providence with rental income potential, spacious living, and a desirable location? Situated near Providence College and La Salle Academy, this charming Cape-style property offers a unique opportunity for homeowners and investors alike! The main residence features 4 bedrooms, 1.5 bathrooms, beautiful hardwood floors, abundant natural light, and a comfortable, versatile floor plan. The kitchen offers generous cabinetry, ample counter space, and a breakfast bar connecting to the adjoining living area. What truly sets this property apart is the separate, legal one-bedroom apartment above the garage, complete with its own kitchen, living area, and full bathroom. Live in the spacious main home while potentially generating rental income to help offset your mortgage, accommodate extended family, or explore the possibilities of a two-family investment property. Recent improvements include a new rear deck, garage doors, and automatic openers. Enjoy a convenient Providence location close to colleges, restaurants, shopping, and local amenities. Even better, the seller is offering up to $15,000 toward a mortgage interest rate buydown, subject to lender approval and loan program guidelines! With 5 bedrooms and 2.5 bathrooms across two separate units, flexible living arrangements, and income potential, this Providence property offers an exciting opportunity to make homeownership work for you!

85 Moorland Avenue, Providence

Listing courtesy of Keller Williams Leading Edge. Contact:

141 Ocean Street, Providence
$1,149,900
10 Beds ⋅ 7 Baths
A NEW CONSTRUCTION INVESTMENT OPPORTUNITY WITH INCOME POTENTIAL! Newly constructed four-family property offering an exceptional opportunity for investors and owner-occupants alike. Built by a well-established Providence builder known for quality craftsmanship, this thoughtfully designed property combines modern finishes, functional layouts, and the potential for multiple income streams. Three of the four units feature 3 bedrooms and 2 full bathrooms, while the lower-level unit offers 1 bedroom and 1 full bathroom, creating a versatile mix of rental opportunities with broad tenant appeal. Whether you're looking to expand your investment portfolio, generate income from multiple units, or live in one unit while collecting rental income from the others, this property offers tremendous flexibility. Additional highlights include off-street parking, modern construction, quality finishes, and the advantage of owning a brand-new property with reduced near-term maintenance concerns. Conveniently located in Providence with easy access to major roadways, shopping, dining, local amenities, and surrounding communities. With an anticipated completion and opportunity to close before the New Year, this is an opportunity worth exploring for investors looking to put capital to work, including those considering a potential 1031 exchange. Four units. Multiple income opportunities. Brand-new construction. Don't miss the opportunity to secure this versatile investment property in Providence!

141 Ocean Street, Providence

Listing courtesy of REMAX Revolution. Contact:

Start Your Search

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated:

Providence City Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Providence City and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

How much is your home worth?

Get instant property value now!