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Four-Unit Quadplex
For Sale
$1,150,000

109 Bowen Street, Providence, RI 02906

Residential income property with varied unit layouts, including studios and larger multi-bedroom residences.

Property SizeContact for details
Days on Market168

Property Features for 109 Bowen Street

General Information

Standard status Active
Property subtype Multi-family

Units

Unit Mix 1 x 3BR, 1 x 4BR/2BA, 2 x studio
Multifamily Units 4

Building Details

Year Built 1900
Buildings 1
Listing Agency: Residential Properties Ltd.
Listed By: Stephen Gaskin · License #RES.0048283
Source: Milburyre
Added: Mar 17 Changed: Aug 29 Last Checked: Aug 30 at 6:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Residential Properties Ltd.

Investment Insights

Based on property information with market context.

Built in 1900, this four-unit residential property at 109 Bowen Street includes a three-bedroom residence, a four-bedroom, two-bath unit, and two studio apartments. The varied configuration provides a mix of larger residences and compact units within one multifamily asset, with rental income currently generated across the property.

The property is located in College Hill, within walking distance of Prospect Street and near restaurants, shops, surrounding neighborhoods, and the area’s historic character. Its Providence, Rhode Island setting places the building within an established residential environment with multiple unit types under one roof.

Key Highlights

  • Four‑unit residential property in College Hill
  • Unit mix includes one three‑bedroom residence
  • Four‑bedroom, two‑bath unit included

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Locksmith Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,595
Businesses Nearby

Demographics for 02906, RI

25,559
Population
13,468
Households
1.9
Avg Household Size
35
Median Age
80%
College-Educated
97%
High-School Grad
3.1 sq mi
ZIP Area
8,245
Density / Sq Mi
$102,796
Median Household Income
$57,214
Median Earnings
$1,729
Median Rent
$582,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with varied unit layouts, including studios and larger multi-bedroom residences.
Where is this quadplex located?
The property is located at 109 Bowen Street Providence, RI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑unit residential property in College Hill; Unit mix includes one three‑bedroom residence; Four‑bedroom, two‑bath unit included
More about this property
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