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Historic Triplex with Detached Garage
For Sale
$1,015,000

117 Cole Avenue, Providence, RI 02906

Three upgraded units offer two bedrooms, full bathrooms, refreshed kitchens, and original hardwood flooring.

Property SizeContact for details
Days on Market116

Property Features for 117 Cole Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Amenities

Gas
Hot Water
Steam
Window Unit(s)
Dishwasher
Oven
Range
Refrigerator
Water Heater
Patio, Porch, Sewer Connected

Building Details

Year Built 1930
Buildings 1
Stories 3
Listing Agency: Residential Properties Ltd.
Listed By: Jim DeRentis
Source: Kw
Added: May 14 Changed: Sep 5 Last Checked: Sep 5 at 2:50PM

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 1930, this legal three-family property includes three residential units, each configured with two bedrooms and one full bathroom. Improvements include newer kitchens and bathrooms, replacement windows, original hardwood floors, hardwired smoke and carbon monoxide detectors, and individual features such as a sunroom, screened-in porch, eat-in kitchen, and abundant natural light. The first-floor residence has an open layout connecting the sunroom, living room, and dining room, while the second-floor unit includes a large family room. A two-car detached garage, patio, porch, sizable backyard, and connected sewer service add to the property’s functionality.

The property is located on Cole Avenue in Providence’s East Side, near the shops and restaurants of Wayland Square. The setting also provides access to universities, recreational activities, and Downtown Providence.

Key Highlights

  • Legal three‑family property with 3 units, each offering 2 bedrooms and 1 full bathroom
  • Built in 1930 with replacement windows and original hardwood floors throughout all 3 units
  • Two‑car detached garage, sizable backyard, patio, porch, and connected sewer service

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Kitchen & Bath Showroom HVAC Service Building Supply Big Box & Wholesale Store Electrical 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

681
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three upgraded units offer two bedrooms, full bathrooms, refreshed kitchens, and original hardwood flooring.
Where is this triplex located?
The property is located at 117 Cole Avenue Providence, RI.
What is the asking price?
The asking price for this property is $1,015,000.
What are key features of this property?
This property features: Legal three‑family property with 3 units, each offering 2 bedrooms and 1 full bathroom; Built in 1930 with replacement windows and original hardwood floors throughout all 3 units; Two‑car detached garage, sizable backyard, patio, porch, and connected sewer service
More about this property
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