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    26 Wallace St Providence, RI 02909

    Pending
    For Sale
    $469,900

    MULTI_FAMILY - Providence, RI

    Lot size:
    0.07 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 26 Wallace St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Basement, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    Parking
    4
    Parking features
    Garage
    Patio and Porch features
    Deck
    Interior features
    Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
    Exterior features
    Deck
    Appliances
    Gas Water Heater, Dryer, Washer
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1920
    Floors in Building
    4
    Number of units
    3
    Flooring type
    Hardwood, Vinyl
    Building materials
    Plaster, Vinyl Siding

    RE/MAX PROPERTIES (401) 232-3900 [email protected]

    Listing agent Robert Shirley (401) 233-1990

    Listing date Oct 31, 2025

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Providence Three-Family Investment Opportunity

    Located in the Silver Lake section of Providence, this three-family home presents an opportunity for investors or owner-occupants. Each unit includes two bedrooms and one bathroom, featuring layouts with natural light. The property requires work and updates to realize its potential as an income-producing property or multi-generational home. Situated across from James Ahern Park, the location offers proximity to schools, shopping, restaurants, and highway access. The lot size is 0.0735 acres. The property features the potential for off-street parking and separate utilities for each unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Providence
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.444312
    Latitude
    41.810353

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    FAQs

    What type of property is this?
    Triplex - Spacious three-family home in Providence's Silver Lake neighborhood.
    Where is this triplex located?
    The property is located at 26 Wallace St Providence, RI.
    What is the asking price?
    The asking price for this property is $469,900.
    What are key features of this property?
    This property features: - Prime Location: Directly across from James Ahern Park in Silver Lake, Providence.; - Multi-Family Income Potential: Three separate units, each with 2 beds/1 bath, ideal for investment or owner-occupancy.; - Convenient Amenities: Close proximity to schools, shopping, restaurants, and easy highway access.
    (401) 233-1990
    Request Owner's contact information
    26 Wallace St Providence, RI 02909
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26 Wallace St Providence, RI 02909
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