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8-Unit Apartment Building
For Sale
$1,300,000

122 Lowell Ave, Providence, RI 02909

Four one-bedroom and four two-bedroom apartments provide a balanced residential unit mix with substantial on-site parking.

Property SizeContact for details
Days on Market26

Property Features for 122 Lowell Ave

General Information

Standard status Active
Total Parking Spaces 28

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 1BR, 4 x 2BR
Multifamily Units 8

Building Details

Year Built 1910
Buildings 1
Listing Agency: Century 21 Limitless
Listed By: Kyle Seyboth · License #REB.0019335
Source: Alpernandmesenbourg
Added: Aug 8 Changed: Aug 29 Last Checked: Sep 1 at 10:24PM

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 Century 21 Limitless

Investment Insights

Based on property information with market context.

This 8-unit apartment building, constructed in 1910, includes four 1-bedroom apartments and four 2-bedroom apartments. The property also provides a large on-site parking area with about 28 spaces, supporting the building’s residential configuration.

The property is located at 122 Lowell Avenue in Providence, with access to Route 6 and Interstate 95. Federal Hill and Olneyville are nearby, along with shopping, dining, local businesses, Donigian Park, and Merino Park. Rhode Island Hospital, Hasbro Children’s Hospital, Providence College, Rhode Island College, and Johnson & Wales University are also in the surrounding area. Public transportation is accessible, and T.F. Green Airport is within reach.

Key Highlights

  • 8‑unit apartment building constructed in 1910
  • Unit mix includes four 1‑bedroom and four 2‑bedroom apartments
  • About 28 parking spaces on site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Skin Care Clinic

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby

Demographics for 02909, RI

46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
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?
Apartment building - Four one-bedroom and four two-bedroom apartments provide a balanced residential unit mix with substantial on-site parking.
Where is this apartment building located?
The property is located at 122 Lowell Ave Providence, RI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8‑unit apartment building constructed in 1910; Unit mix includes four 1‑bedroom and four 2‑bedroom apartments; About 28 parking spaces on site
More about this property
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